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TeachMeFinance.com - explain Wholesale price index Wholesale price index The term 'Wholesale price index ' as it applies to the area of agriculture can be defined as ' A composite index of prices of commodities sold in primary U.S. markets. 'Wholesale' refers to sale in large quantities by producers, not to prices received by wholesalers, jobbers, or distributors. In agriculture, it is the average price received by farmers for their farm commodities at the first point of sale when the commodity leaves the farm'. Previous 5 Terms: Wholesale competition Wholesale customers Wholesale electric power market Wholesale power market Wholesale price Next 5 Terms: Wholesale sales Wholesale transmission services Wholesale wheeling WIC WIC Farmers’ Market Nutrition Act of 1992 About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.