If you’re looking for corn rates API in PHP, here we will show you how to get them with the perfect tool.
Corn is one of the most distributed commodities in the world and it’s the most important one in the United States. This is because it can be used for many different purposes, mainly food, biofuel, and raw materials. Its industry moves really fast and it can be crazy how a cereal plant can impact many aspects of the worldwide economy.
If you invest in this type of commodity, then you should understand that it is important to stay updated on daily rates. This can be what changes the course of your investments. If you don’t follow the commodity and see how it behaves in the market, then you might end up getting bad results and losing money.
But how can you get this information? Many people use an API for this. This is an interface that collects information about something specific in a place and then provides it to the person who asked for it. This answer can be given in some programming languages, such as JSON and Python. However, in this article, we will be talking about PHP and where to find an API that works with that language.
Let’s Talk About PHP
PHP is a popular open-source general-purpose programming language that is ideal for web development and can be integrated into HTML. It is used to create static web pages, dynamic websites, and online apps and can be utilized by both beginners and experts.
PHP differs from client-side JavaScript in that the code is performed on the server, creating HTML that is then transmitted to the client. The client would receive the results of that script’s execution but would have no idea what the underlying code was. You may even set your webserver to process all of your HTML files with PHP, making it virtually impossible for people to guess what you’re up to.
Where To Get This API
While searching for rates in PHP, you should know that not every software available to get commodities prices can give you the answer in that specific programming language. You need to be careful before choosing one or you’ll end up losing money and time.
For this example and to show you better how this works, we will use Commodities-API, a free online software that is at the moment the most complete one for getting the information we’re looking for.
To use it, you need to:
1. Go to www.commodities-api.com and sign in to get your API key
2. Look for the symbols of Corn (CORN) and the currency of choice
3. Once you have them, insert them both and make the API call
4. The software will give you different answers, look for the PHP one between them.
The answer in PHP will look something like this:
// set API Endpoint and API key
$endpoint = 'latest';
$access_key = 'API_KEY';
// Initialize CURL:
$ch = curl_init('https://commodities-api.com/api/'.$endpoint.'?access_key='.$access_key.'');
curl_setopt($ch, CURLOPT_RETURNTRANSFER, true);
// Store the data:
$json = curl_exec($ch);
curl_close($ch);
// Decode JSON response:
$exchangeRates = json_decode($json, true);
// Access the exchange rate values, e.g. GBP:
echo $exchangeRates['rates']['GBP'];
You can then use this code however you want.
Is This Accurate?
Commodities-API is 100% reliable and counts with a precision of two decimal points. It gets the information from banks and the stock market and then delivers it to you in different programming languages. It also uses bank-grade 256-bit SSL encryption to secure your connection.
Apart from that, currency and commodity price conversions are available via the same API endpoints and may be used to convert any amount from one currency to another, one commodity to any commodity, or any currency to any currency.
Also published on Medium.