Are you interested in obtaining data on agricultural commodities? Do it through this commodities rates API!
Market analysis is a division of Agricultural Marketing & Agribusiness where operations related to market research are carried out. Farmers may tackle conservation at a landscape size rather than a farm or even a county level thanks to data collecting. The better the chances for producers to collaborate with others at a watershed size to make educated decisions about conservation objectives, the more knowledge growers will have at their disposal.
By turning facts, numbers, and raw data into knowledge that can be used to make decisions, market research helps to lower the amount of ambiguity. We offer agribusiness-specific market research services. The main issues in agricultural marketing include transportation costs, poor market infrastructure, a lack of market knowledge, a lack of processing units, a lack of storage facilities, and price volatility.
Large grains, cattle and meat, poultry and eggs, cotton, fruit and vegetables, and milk are the main commodities whose marketing strategies will be covered in this chapter. Farmers of grains can either sell their produce right away or keep it for a later sale. Crop and animal farmers have the flexibility to price their products before delivery thanks to commodity futures markets, options, and cash contracts. Some farmers also have the choice of selling to various buyers at various marketplaces.
Market analysis is a division of Agricultural Marketing & Agribusiness where operations related to market research are carried out. Farmers may tackle conservation at a landscape size rather than a farm or even a county level thanks to data collecting. The better the chances for producers to collaborate with others at a watershed size to make educated decisions about conservation objectives, the more knowledge growers will have at their disposal.
By turning facts, numbers, and raw data into knowledge that can be used to make decisions, market research helps to lower the amount of ambiguity. We offer agribusiness-specific market research services. For that, you can choose a platform that gives market data on a free way. Check our threes recommendatios:
Commodities-API
Commodities-API It is a free public API that shows pricing for commodities including wheat, rice, coffee, and sugar. Visit the website, obtain an API key, then select the appropriate currency and commodity to obtain the data. That’s all there is to it, and you may use the API anyway you choose. From a selection of more than 170 possibilities, the Commodities-API may provide data in whatever currency you want, with an accuracy of 2 decimal places. You may make 100.000 API requests each month and receive data updates every 60 seconds.
Barchart
One of the earliest websites to offer commodity and futures market data was Barchart, an international financial technology company that provides market data and services to the financial, media, and commodities industries. While its media brands offer web content, news, and magazines to assist financial and commodities professionals in their decision-making, Barchart’s innovative data, software, and technology solutions power the operations of its diversified customer base from front to back office.
CommoPrices
More than 10,000 commodities and indices’ prices and values are accessible using this API. Depending on the source, the data may be updated daily, weekly, or monthly. A market’s fluidity is based on how much data is there in it. By looking up the commodity on www.api.commoprices.com, you may find out additional information.