Are there any industries, other than production agriculture, that buy inputs
at retail price and sell goods at wholesale price?
A
conventional farmer buys seed, fertilizer, chemicals, and equipment at full retail
value from a manufacturer. Farmers utilize
those ingredients to grow large quantities of a commodity - corn, soybeans, or
wheat among others – and sell their wares at wholesale prices to a manufacturer
who will sell a product at retail price to a consumer.