API For Corn Rates Using Python

If you looking for an API that offers you corn rates in Python, then this article is for you. Here, we explain how this works and how is it useful.

The corn industry is big and moves really fast. This happens because this commodity is the most important one in the United States and one of the most distributed in the world. It is a cereal plant and edible grain that first appeared in Mexico and it can be used for many different things, like food, biofuel, and even raw material. 

With all this in mind, you should know how important it is to stay updated on different types of rates almost every minute. This is a key to success since you can adapt your investments depending on the prices of corn or other commodities. 

This may be performed through the use of an API, which is a link that allows two computers or programs to interact with one another. When you submit a request to an API, you will receive an immediate answer. An API often delivers data in programming languages such as JSON and Python.

What Is Python?

Python is an interpreted high-level general-purpose programming language. Is widely used in the development of websites and software, as well as in task automation, data analysis, and data visualization. Its design concept encourages code readability with heavy indentation. Its language features and object-oriented approach are intended to help programmers write clear, logical code for small and large-scale projects alike.

Because Python is such an essential programming language, you can see how having an API in Python may benefit your organization.

How To Get This Data

You must utilize a program that provides the API in Python to acquire it. We’ll utilize Commodities-API to describe it further because we believe it’s the most complete at the present.

This is what you need to do:

The result will be given in different programming languages. The Python response will look something like this:

 import requests

    base_currency = 'USD'
    symbol = 'CORN' 
    endpoint = 'latest'
    access_key = 'API_KEY'

    resp = requests.get(
        'https://commodities-api.com/api/'+endpoint+'?access_key='+access_key+'&base='+base_currency+'&symbols='+symbol)
    if resp.status_code != 200:
        # This means something went wrong.
        raise ApiError('GET /'+endpoint+'/ {}'.format(resp.status_code))
    print(resp.json())

Where Does This Information Come From?

Commodities-API supports over 170 currencies and delivers data with a precision of 2 decimal points, making it the most useful tool accessible. Commodities-API receives data from banks and stock exchanges, so you can be confident that the information you will receive is accurate and secure. Furthermore, to protect your connection, this software employs bank-grade 256-bit SSL encryption.

Currency and commodity price conversions are provided through the same API endpoints and may be used to convert any amount from one currency to another, from one commodity to any commodity, or from any currency to any currency.

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Also published on Medium.