The functions of organizations that market agricultural commodities 

The functions of organizations that market agricultural commodities 

  • Market regulation: These organizations often set and enforce standards for quality, safety, and fair trading practices to ensure a transparent and efficient market.
  • Price stabilization: they help stabilize prices by managing supply and demand, often through mechanisms like buffer stock or price support schemes.
  • Market information: provide timely and accurate market information to farmers, trader and consumer
  • Facilitation of trade: they facilitate trade by providing platforms for buying and selling; such as commodity exchange and by ensuring smooth logistics and transportation.
  • Support services: they offer support services like warehousing, financing, grading, packaging, transport and processing to add value to agricultural products.
  • Policy advocacy: These organizations often advocate for policies that support the agricultural sector, including trade policies, subsidies and infrastructural development.

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