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D-consignment Dictionary

Consignment

Sending produce to an agent who sells it and pays the grower after deductions

All termsIntroduced in M4Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
Sending produce to an agent who sells it and pays the grower after deductions
How to use it
When selling on consignment, check the agent's record and deductions, and expect payment only after the fruit is sold.
South African benchmark
South African export fruit is commonly sold on consignment through marketing agents (Article 28).
Country notes
Applies the same way in all five markets.
Go and read
M4-U4, M4-U6, M5-U2, M6-U2
Calculate it
T-M4-04 Export versus Local Sale
Library sources
LIB-A028, LIB-A031, LIB-A040, LIB-P-Citrus, LIB-P-Citrus-IP
See also
Market agent, Commission
Citrus: the product, the five stages of the business, the unit it is sold by and where it is producedCitrus: how the business runsSold bycartons or tonnes per hectare1Plant trees2Grow 3-5 years3Pick4Pack-house5Export or local marketZAZWZMBWNAProduces commerciallyImports most needsZA South Africa, ZW Zimbabwe, ZM Zambia, BW Botswana, NA Namibia
From the Citrus Major, where this term is introduced.

Introduced in M4 Citrus.