If you wish to get hourly corn prices, the best way is to use an API.
Corn is a cereal plant and edible grain that originated in Mexico and is now the most significant commodity in the United States. It is currently one of the world’s most extensively distributed commodities. It can be used as raw material, eaten, or transformed into biofuel. Corn was produced in 1.15 billion tons over the world in 2018, illustrating its magnitude and importance.
Corn is a great investment in this respect since its output grows every year and it is eaten by practically every country on the earth. So, if you decide to go forward with it, keep in mind that you’ll require updated rates at all times. You may accomplish this by utilizing an API, which is a link that allows two computers or applications to communicate with one another.
Concerning APIs
This technology is a connection between two computers or programs that allows you to get various information. When you send a request to an API (or, to be more precise, perform an API call), you will receive data in a couple of seconds. Depending on whatever API you use, this answer is provided in a variety of computer languages, including JSON, PHP, and Python.
This is used for a variety of applications and may be found in a number of software packages available online. You’ll undoubtedly discover a number of APIs online to acquire wheat prices. But how can you know which one is the greatest so you don’t waste time looking for it? Because each one works differently, you’ll want to focus on choosing the one that best fits your requirements.
Commodities-API
We’ve tested a few of these programs, but we now prefer Commodities-API since it is a company dedicated to supplying you with a big list of commodities and currencies so that you can keep up to date on rates every hour. This API provides statistics on commodities such as rice, corn, soybeans, and wheat in over 170 foreign currencies.
To use it, you need to follow these steps:
- Log in at www.commodities-API.com. You will then be issued your individual API key.
- Look for Wheat that has the currency symbols you want to use.
- Search the list for the commodity and money using these symbols. After that, you may make the API call.
- The website will give an API in a number of computer languages, which you will be able to edit, utilize, and adapt as needed.
The result will look like this:
{
"success": true,
"timestamp": 1519296206,
"base": "WHEAT",
"date": "2018-09-10",
"rates": {
"AUD": 1.566015,
"CAD": 1.560132,
"CHF": 1.154727,
"CNY": 7.827874,
"GBP": 0.882047,
"JPY": 132.360679,
"USD": 1.23396,
[...]
}
}
More Information on This Tool
Commodities-API is a piece of software that takes data from banks and the stock market and verifies it. When you make an API request, you’ll get results in a variety of programming languages with an accuracy of 2 decimal points. Furthermore, this application protects your connection with bank-grade 256-bit SSL encryption.
Commodities-Security, API’s Pricing, and Endpoint Management solutions, as well as white-labeled software, enable all of this. This assures the accuracy and timeliness of your transactions, transaction history, and analytics.
Also published on Medium.