ZWN23 is the symbol designated for the July wheat futures prices in the Chicago Board Trade (CBT). Wheat is one of the most widely cultivated grains in the world. It’s one of the top three crops in terms of total acreage. Wheat production contributes significantly to global food security and nutrition. It can be purchased in its whole form (e.g., whole grain), as flour, or as processed foods like bread or pasta.
The wheat market has been active recently as the weather has been favorable for growing. However, there has been some concern about the quality of the crop due to the recent heat wave in the Midwestern United States. The price of wheat has been increasing over the past few weeks due to this concern about quality. However, the market has been relatively steady over the past month despite this recent increase in price.If you are looking for a way to get access to ZWN23, then you should try using a wheat price API.
A wheat price API is a great way to get access to wheat pricing data from all over the world in just seconds. This will allow you to make better and more informed business decisions. However, not all APIs are reliable, so if you’re looking for a way to get access to ZWN23 data, then we recommend trying out the Commodities API.
Commodities API
With the help of the commodities API, you can keep track of pricing data for numerous assets. It offers a wide range of endpoints that, in general, give you a complete understanding of the variation in wheat or other commodity prices. These endpoints include, among others, the most recent rate endpoint, historical endpoints, fluctuation endpoints, and more.
This is a suitable instrument that helps traders and producers make wiser business decisions and save on losses. Developers and programmers can also gain a lot from this API. Thanks to JSON answers, it is sufficiently adaptable to be used in a variety of apps and websites. In this way, they won’t have to create a new API for each client every time.
How To Use The Commodities API
This API is very easy-to-use so you can start retrieving this data in no time. To use it, make an account on the Commodities API website. Once you’re finished, you can immediately test its endpoints. So choose one, and enter the requested details (it depends on the endpoint you select). Finally, run the API and thoroughly obtain all the information!
In this instance, we selected the “Latest Rates” endpoint, so it requires a symbol and a base currency. We entered “ZWN23” in the symbol field and “USD” in the currency. Following the API call, we received the following data:
{"data":{"success":true,"timestamp":1685506140,"date":"2023-05-31","base":"USD","rates":{"ZWN23":0.0017123287671233},"unit":{}}}
We conclude from the response that 0.0017123287671233 units of wheat are equivalent to one US dollar.
Getting ZWN23 data in 2023 is quite simple with the commodities API. Get ready to make the best decisions and get better revenue with this API. If you need it, you can also explore other asset data!