Would you be interested in investing in coffee? Did you know that it is a very competitive market, but in which you can select the type of coffee you want to invest in? Read this article and learn how to use an API for Commodity Data?
The term “100% Arabica coffee” is used to describe coffee that is produced by the roaster using only Arabica coffee beans. Similar to how Moscatel is a type of vineyard from which the grapes are taken to make this sweet wine, Arabica Coffee is a coffee plant variety from which the beans are harvested.
Although there are several coffee plant variations, only the Robusta and Arabica species are produced professionally for processing and sale. Robusta, as its name indicates, is considerably more adapted to all types of settings, whereas Arabica coffee tends to thrive better when cultivated at higher elevations.
It is generally acknowledged that compared to other cultivars, Arabica coffee beans yield a beverage with a more flavorful aroma and a lower level of caffeine (which gives coffee its bitter taste).
However, the Robusta bean is prized for its simplicity in producing the lovely crema that lingers on top of the coffee. In reality, it is rather usual to encounter Robusta and Arabica coffee combinations or blends when the latter species is present in larger amounts. The use of the robusta variety in these blends aims to achieve the same goal: to boost the cream content without sacrificing Arabica coffee’s distinctive flavour.
As of 2021/2022, there were 175.35 million 60-kilogram bags of coffee produced worldwide, up from around 165 million 60-kilogram bags in 2020/2021. Brazil and other countries in South America, notably, produce the bulk of the world’s coffee. Brazil produced 61.7 million bags of coffee weighing 60 kg in 2020.
With 29.5 million 60-kilogram bags of coffee produced in that year, Vietnam is the second-largest producer of the beverage. However, as of January 2019, Vietnam exported 3.3 million 60-kilogram bags of coffee more than Brazil did. Due to all this numbers, we highly recommend the use of Commodities-API.
About Commodities-API
Commodities API it´s a website page that it´s ruled by an API, a software programme, that provides their clients with market data from 170 types of commodities and currencies, like rice, coffee, crude oil, live cattle, among others. It´s one of the most popular exchange data platforms in the internet.
First Time In The Platform
If it´s you´re first time using this website we have to tell you that you don´t have nothing to worry about. Commodities-API it´s a really friendly-user page, you just have to follow this guide:
- First, create an account in the page.
- Obtain an API Key
- Chose the commodities, in this case, Arabica Coffee and the currency of your desire.
- Make an API Request in the dashboard, and wait for the API Response from the system.
A Recommended Security Level
Commodities-API has the advantage of being a secure platform because they use SSL encryption that secures web-to-web connections. This type of security mechanism is used by banking entities to encrypt information.