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CLASS: SS 3
WEEK 8
TOPIC: MARKETING OF AGRICULTURAL PRODUCE
CONTENT:
- Meaning and Importance of Marketing
- Marketing Agents
SUBTOPIC 1: MEANING AND IMPORTANCE OF MARKETING
Agricultural Marketing involves all the stages of operations which aid the movement of agricultural produce/commodities from the farms to the final consumers. Marketing involves assembling, storing, transporting, processing, grading of goods and financing of all these activities. It also involves the supply of raw materials to processing industries and sales of processed products.
Importance of Agricultural Marketing
- It creates a link between Farmers and the final Consumers.
- It leads to the creation of employment to the agents involved in marketing
- It makes the supply of seasonal goods possible throughout the year with little or no variation in price
- It helps to prevent wastage of produced agricultural products
- It stimulates the Government to provide infrastructure like roads, water, storage facilities, etc.
- It makes goods produced in the rural areas to be readily made available in the urban areas where agricultural goods are not usually produced
- It enables producers to determine and know the Consumer’s taste
- It ensures prompt sales of agricultural produce which increases the farmers’ revenue and profit
- It stimulates researches into the techniques of food preservation and preparation to meet the Consumer’s taste.
SUBTOPIC 2: MARKETING AGENTS
Marketing agents are the people or corporate bodies that are directly or indirectly involved in
the free flow of farm produce from the Farm to the consumer.
They include;
- Producers / farmers
- Wholesalers / Distributors
- Commodity or marketing boards
- Cooperative societies
- Retailers
- Individual / Private middlemen
PRODUCERS / FARMERS:
The Producers are farmers who are involved in both the production of goods and marketing of these produced commodities.
Advantages of Producers
- The final consumers get the produce at reduced price
- Fresh products are always made available to the consumers
- Farmers’ income is maximized as they can get the full benefit of their activities.
- They can sell to both cooperative societies and middlemen
Disadvantages of Producers as Marketing Agents
- Lack of adequate storage and storage facilities
- Farmers’ attention may be diverted from production activities
- Increased loss of goods by farmers
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