Do you want to get rice rates? You can do this using an API, a user interface that collects data from a place and sends it back to the person who made it!
Rice is considered a staple food in many cuisines around the world. This cereal is the second most produced and sold in the world, after corn. Much of the rice traded in the world is consumed by Asian and Oceania countries, playing an important role in traditional dishes of this culture that have begun to gain international popularity.
This year’s crop, particularly in Australia, was ten times greater than the drought-affected 2020-2021 rice crop. The heavy rains in the first cycle of 2022 helped boost the levels of the catchment dams, raising output to 77 percent. The crop will yield 450,000 tons of rice in the fall, according to SunRice Group CEO Rob Gordon.
In this way, many investors have been interested in learning about rice in the Australian market. If you are also interested in being part of this business, we invite you to learn about Commodities-API.
What Is Commodities API?
It’s a service that compiles global data prices in a variety of currencies from a variety of sources and organizations throughout the globe. Commercial sources are typically preferred, particularly for large currencies and commodities such as the Australian Dollar and rice.
Commodities-API began as a simple, minimalist Open-Source API for recent and historical commodity prices from financial institutions.
How Does It Work?
Data from the Commodities-API may be supplied to you in whatever currency you choose, with a precision of 2 decimal points, and from a wide variety of over 170 options. You may also get data updates every 60 seconds and make 100.000 API queries every month. To obtain the information, first log in to the website, obtain an API key, and then select the desired currency or metal. That’s all there is to it, and you may use the API as you like. Is it possible?
How Secure Is It?
The website uses bank-grade 256-bit SSL security to protect your connection.
Thousands of developers, small enterprises, and large organizations utilize Commodities-API on a regular basis. This API is the most popular due to its robust data sources and 6+ years of experience.
How Do I Use It For The First Time?
It´s really easy to use! Just follow these simple steps:
- Log in their website (www.commodities-api.com)
- Get an API-key and look after the symbols that match your search.
- Make an API call, placing your commodity (RICE), and your preferred currency (AUD).
For more information, check their website.