Are you a small producer? Do you want to stay informed about corn production? Read this post and learn how to use this API!
Corn is a grain that produces huge kernels on a cob and grows within a long grass-like stalk. Corn kernels come in a variety of colors, from white to yellow. The kernels of “Indian Corn” are a blend of yellows, oranges, browns, reds, and purples.
Corn is one of the few crops that may be utilized for a wide range of purposes. It may be used to feed both people and animals. It may also be utilized as a source of energy for tractors, trucks, and other agricultural machinery. Hundreds of goods, including chewing gum, toothpaste, crayons, shoe polish, and even tires, contain it.
Corn production worldwide is larger than any other cereal. Annually, it is 850 million tons of grain that is cultivated in an area of 162 million hectares, with an average production of 5.2 tons/ha.
In different countries, whether they are agricultural countries or not, maize dominates a large part of the crops. For that reason, local growers need to stay informed and up-to-date on corn market data so they know what the rest of their year will look like economically. To do this, they use Commodities-API.
What Is An API?
API is an acronym for Application Programming Interfaces. It is a collection of protocols for developing and integrating application software that allows two software programs to communicate using a set of rules. An API specifies how one software module interacts with another in order to perform one or more functions.
What Is Commodities-API?
Commodities-API is a free and open website that uses an API to obtain real-time data in many currencies on up to 170 different market items.
Every 60 seconds, the service collects data from financial institutions and operates with a precision of two decimal places. Data and measurements from prior days, weeks, months, and years may then be retrieved in order to get a competitive edge in the market while investing.
How Is It Used?
It’s quite simple to use! All you have to do is follow these steps:
- Log in
- Get an API key
- Choose your preferred currency (CHZ) and commodity (CORN)
Is It A Secure Site?
Their API pulls commodity pricing data from over 15 credible data sources per minute. Banks and financial data companies are among the sources. They additionally safeguard your connection with bank-grade 256-bit SSL encryption. Commodities-API is used by thousands of developers, small businesses, and huge corporations on a daily basis. Because of its dependable data sources and more than six years of expertise, this API is the most popular site for commodity rates.
For more information, check their website.