Net Marketing Margin

The price spread minus the costs associated with either moving a commodity from one location to another or storing the commodity over time. A measure used to assess the price arbitrage incentives.

Network Development

A dedicated effort to strengthen cooperation and linkages among food security partners.

Niche Market

A market associated with a special attribute of a product.

Nominal Prices

Prices that have not been adjusted for inflation. The nominal price is equal to the money that is paid for a unit of a good or service in the market, at the shop, etc.

Normal Conditions

The typical or average range of attributes, characteristics, or relationships (e.g., weather, market behavior, livelihoods, etc.). They provide a framework, baseline, or reference period that can be compared to current and/or projected conditions.