Python is one of the world’s most popular programming languages. This is why it is critical to have an API that adjusts to that language and provides you with rice or other commodity rates. We’ll show you how to obtain it here.
Rice is a cereal grain eaten by over half of the world’s population, mostly in Asia, Latin America, and Africa. It is available in a variety of types, including arborio rice and basmati rice, and is the key component in dishes such as sushi and risotto, which represent communities and cultures. Rise’s proteins include antiviral, antibacterial, and antifungal characteristics, making it highly helpful to the human body. It also assists in the reversal of anemia.
Furthermore, it is the agricultural commodity with the third-highest worldwide output, after only sugarcane and maize, and China produces the majority of rice. China produced almost 200 million tonnes of rice in 2019, followed by India, which produced 177 million tons.
Given the global importance of this commodity, you must be aware of its price in multiple currencies if you want to grow your business or are considering investing in the industry. This may be done with the use of an API, which is a link that allows two computers or applications to interact with one another. When you make a request to an API, you will receive an immediate answer. An API typically offers data in programming languages such as JSON and Python.
What Is Python?
Python is an interpreted high-level general-purpose programming language. Is frequently used in website and software development, as well as task automation, data analysis, and data visualization. Its design concept improves code readability with considerable indentation. Its language features and object-oriented approach are intended to help programmers write clear, logical code for small and large-scale projects alike.
You must first get software that permits you to make API calls before you can obtain an API. There are a couple of them available online, but we will utilize Commodities-API, a free public API that offers commodity prices for a wide range of commodities such as coffee, rice, sugar, and wheat, to illustrate better. We utilize it because Commodities-API covers over 170 currencies and provides data with a 2 decimal point precision, making it the most helpful tool available.
To use it, you need to go to www.commodities-API.com, sign in to get an API key, search for the symbols of the commodity and currency and then select them and make the API call. By doing this, the software will automatically give you an answer in different programming languages.
The Python information will look something like this:
import requests
base_currency = 'USD'
symbol = 'RICE'
endpoint = 'latest'
access_key = 'API_KEY'
resp = requests.get(
'https://commodities-api.com/api/'+endpoint+'?access_key='+access_key+'&base='+base_currency+'&symbols='+symbol)
if resp.status_code != 200:
# This means something went wrong.
raise ApiError('GET /'+endpoint+'/ {}'.format(resp.status_code))
print(resp.json())
Is This Information Reliable?
Commodities-API receives data from banks and the stock exchange, so you can be certain that the information you will receive is reliable and safe. Furthermore, this program uses bank-grade 256-bit SSL encryption to safeguard your connection.
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.