If you need to get potato rates, in this post we’ll explain how to get it using an API.
Potatoes are the world’s fourth most significant food crop and the most important vegetable crop in the United States. Commercial potatoes are farmed in 30 states, although Idaho produces the most, followed by Washington. North Dakota, Wisconsin, and Colorado are all major potato growers.
Potato sales to processors for French fries, chips, dried potatoes, and other potato products account for around 63 percent of total potato sales. The remainder is sold fresh, fed to farm animals, or stored as seed tubers for the following season’s harvest.
In the United States, 1 million acres of potatoes were harvested in 2020. Potato prices increased by $0.02 per pound to $9.17 per cwt. The potato harvest was worth $3.88 billion in total. China is currently the world’s leading producer of potatoes, followed by India, Russia, and Ukraine. The United States is the world’s sixth-largest producer of potatoes.
We may infer that this product is a fundamental component of the basic basket because it can be found on any plate across the world. With all of these factors in mind, if you want to invest in the potato market, you must monitor its price regularly. You can decide the best moment to acquire this product to optimize your profits by keeping a watch on price variations. An API will make your life easier.
Why An API?
It is a communication technology that lets two or more devices communicate with one another. It is used in ATMs, internet banking, social networking, and other places. Programmers may include it in site designs.
If you want the best solution to be updated in the potato market you must use Commodities API. It is an agriculture rates API that collects potato prices every second from the most reliable sources throughout the globe. It’s the most accurate and fastest API that you can share with your audience. You may also look at previous prices to determine the best market possibilities.
To use it, follow these steps:
- To obtain your API key, create an account at www.commodities-api.com.
- Investigate the commodities and currencies that pique your interest, such as potatoes in this example.
- When you’ve obtained both, use both to request the API.
- The software will provide an answer that you may alter and use as required.
More About Commodities-API
Commodities-API is a straightforward open-source API for retrieving current and historical commodities rates from institutions and stock exchanges. The API may provide commodity data in real-time with a two-decimal-point accuracy and a frequency of 60 seconds. It is designed on a robust back-end framework that provides entire functionality and response times of less than one minute for defined API calls.
Commodities-API uses bank-grade 256-bit SSL encryption to secure your connection. The Commodities-API is used daily by thousands of professionals, small enterprises, and huge corporations. It’s a CME Group rates API, and it’s the most beneficial website for commodity rates due to its reliable data sources and six years of expertise.