Do you wish to obtain wheat hourly rates? Then use an API!
Investing in wheat is definitely one of the best methods to generate money right now in the market. Its consumption grows year after year since it is a cereal grain whose adhesive properties of gluten proteins enable for the production of processed foods. This is also a product of global industrialisation and the westernization of nutrition.
Wheat output was 772 million tonnes in 2017, and 766 million tonnes are projected in 2019. With this, we can confirm that it is one of the most significant commodities in the world and that it can bring you a lot of money if you invest wisely. But, to do that, you need to stay updated on wheat prices almost every hour. It can be a difficult task, but we have the perfect solution for you: an API.
About APIs
This technology is an interface that connects two computers or applications so it can provide you with different information. When you submit a request to an API (or make an API call, to be more specific) you get data given to you in a matter of seconds. This response is given in different programming languages, like JSON, PHP and Python, depending on which API you use.
This is used for many diverse purposes and can be found in several softwares online. To get wheat prices, you’ll probably find a lot of APIs online. But, how can you be sure which one is the best one so you don’t lose time searching for it? Well, since every single one works differently, you need to focus on finding the one that adapts to your needs the best.
We’ve tried some of these softwares, but right now we highly recommend using Commodities-API because it is a firm committed to providing you with a large list of commodities and currencies for you to stay updated on rates every hour. This API gives data in over 170 global currencies on commodities such as rice, corn, soybeans, and wheat, among others.
To use it, you need to follow these steps:
- Log in at www.commodities-API.com. You will then be issued your individual API key.
- Look for Wheat that has the currency symbols you want to use.
- Search the list for the commodity and money using these symbols. After that, you may make the API call.
- The website will give an API in a number of computer languages, which you will be able to edit, utilize, and adapt as needed.
The result will look like this:
{
"success": true,
"timestamp": 1519296206,
"base": "WHEAT",
"date": "2018-09-10",
"rates": {
"AUD": 1.566015,
"CAD": 1.560132,
"CHF": 1.154727,
"CNY": 7.827874,
"GBP": 0.882047,
"JPY": 132.360679,
"USD": 1.23396,
[...]
}
}
More About This Tool
Commodities-API is software that collects data from banks and the stock market, making it entirely trustworthy. When you submit an API call, you will receive results with a precision of 2 decimal points and in a range of programming languages. Furthermore, this program leverages bank-grade 256-bit SSL encryption to safeguard your connection.
All of this is made possible by Commodities-API‘s Security, Pricing, and Endpoint Management solutions, as well as white-labeled software. This ensures that your transactions, transaction history, and analytics are accurate and timely.
Also published on Medium.