Do you want to save time and money when dealing with commodities? If so, you should use an API for agriculture hourly data!
If your business handles commodities, such as agriculture or oil; you’ll figure that it is important to stay up to date with commodity data. This is because information having access to accurate information about the market trends; will allow you to make informed decisions when it comes time to sell or trade your goods.
All in all, commodity data is important because it allows companies and individuals to make informed decisions about their finances. This means that when you invest or trade in commodities, it is vital that you have fast access to reliable commodity data; as you can use it to make better decisions about what types of commodities you should invest or trade in.
Many people used to use commodity exchanges in recent years to get commodity prices. However, since there are numerous commodities and new ones are introduced to the market every day, each stock market has a focus on a particular commodity. For your benefit, there is now another quick and efficient way to get agricultural data, and that is by using an API.
Why Is An API For Commodity Data The Most Efficient Way To Obtain Information?
An API, or application programming interface, is a device that enables two distinct program types to communicate with one another in order to retrieve particular data. Hence, a commodities prices API is a tool that provides the most recent prices for a wide range of commodities. The tool gathers the data from various reputable commodity exchanges and delivers the information to you in a matter of seconds; so it helps you save time!
Furthermore, instead of using two, three, or even more commodity exchanges (and having to pay each one of them); you can perform a “all in one” by using the service of an API. By doing this, you’ll get accurate information while saving a ton of money too!
So, as you can guess, an APi is the most efficient way to obtain accurate information about commodities. So, if you want to start using one, we advise you to use the most reliable API that’s available on the Internet; Commodities-API. This one is a trustworthy JSON API that’s currently being used by large companies to help them make important financial decisions.
Use This API For Agriculture Hourly Data
To begin, register at Commodities-API and receive an API key. In this step, you can choose which plan you wish to use. This API currently has three plans available; which are no-cost, basic, and professional. Take your time to examine the distinctions between them and choose the one that best meets your needs. For example, if you select the first plan, you will receive hourly commodity updates!
The next step is to choose the commodity symbol and then the currency in which you want to see your prices. Remember that there are 170 different currencies to choose from.
Finally, after you’ve made your decision, make the API call and wait a few seconds. Instantly, you’ll get all the information you were looking for!
Related post: Protect Your Commodity Investments From Volatility Thanks To This API
Also published on Medium.