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TeachMeFinance.com - explain Residual supplier Residual supplier The term 'Residual supplier ' as it applies to the area of agriculture can be defined as ' A country that supplies the world market only after importers have met their initial needs from preferred suppliers. A residual supplier is not initially competitive because of higher prices or lower quality. The United States used to be considered a residual supplier of grains because its commodity support programs kept U.S. grain prices higher than those of competing exporters'. Previous 5 Terms: Residual Factors Residual fuel oil Residual Layer Residual Moisture residual stand Next 5 Terms: Residue gas Residuum Resilience resiniferous Resistance (R) 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.