As a developer, do you want to have immediate access to wheat from month data? We examine how to obtain it using an API in this article.
It is used to make flour for many different dishes, including pasta and bread. Additionally, it is employed in the production of alcoholic drinks like whiskey and beer. Paper is made from wheat straw, while insulating materials are created from its husk. While its husk can be used to make insulating materials, wheat straw can be utilized to generate biomass energy. Paper can also be made from wheat straw.
If you work for a company that deals with this kind of grain, you must be prepared to provide information on it instantly. You’ll be able to research your business more completely and choose the most effective way to market your products as a consequence. A WFM Prices API should be utilized in this case as it provides developers with real-time access to information on wheat derived from monthly data. Your business will gain from being able to publish this information as quickly as possible by doing this.
A collection of activities and procedures known as an API (Application Programming Interface) allows various software components to communicate with one another via an interface. This interface establishes the communication between different software parts as well as each one’s unique inputs and outputs.
Because they allow developers to reuse pre-existing functionality rather than having to create it from scratch each time, APIs are a necessary component of modern software programs. Developers can now focus on creating new features rather than reinventing functionality that already exists as a result of this.
Commodities API
Real-time data on pricey commodities will be available to developers via the Commodities API, which is offered by more than 10 distinct exchange rate data providers for commodities pricing. Numerous endpoints are available through the API, each of which has a specific function. The endpoint can submit API calls for data on daily changes, convert values, obtain time-series data for one or more currencies, and obtain the most recent commodity rate information for all or a specific set of currencies.
All You Have To Do To Utilize It Is:
- Simply sign up at Commodities API, and you’ll be able to use the API right away!
- Depending on what you’re looking for, use the various API endpoints and the symbols provided by the API.
- When you have found the required endpoint, perform the necessary API call by clicking “run” and see the results appear on your screen.
This API will give us a unique code based on the commodity we’re seeking for in this case because we’re wanting to check Wheat prices. The kind of response you receive from this API will also depend on the commodity you are looking for. To look up Wheat prices, you must input the code “WHEAT” into the endpoint. The following will then be visible:
{"data":{"success":true,"timestamp":1683224280,"date":"2023-05-04","base":"USD","rates":{"WHEAT":0.0038152008283564},"unit":{"WHEAT":"per metric ton"}}}
As you can see, it says that 1 USD is equal to 0.0038117397008699 metric tonnes of wheat.
To authenticate with the Agriculture Rates API, enter your API Key in the access key argument of the API base URL. Additionally, you have seven days to utilize this API without charge.