Do you need to obtain the rates of products obtained by agriculture? We have good news for you! We have prepared a post for you, where you will find how to do this task. It is the best commodities prices API.
Agricultural production is the result of the exploitation of the land to obtain goods, mainly food such as cereals and various types of vegetables. That is, agricultural production is the fruit of sowing and harvesting in the field. This, is to obtain, above all, edible goods for human consumption, although a part can be used for an industry that provides added value. An example of the latter is the cotton that is sold to the textile sector or the wheat that is used to make flour and then bread.
One of the peculiarities of agricultural production is that it is very dependent he climatic factors. Thus, in the event of a strong drought, large areas of crops can be lost. This means that this type of activity involves high risk. To the above, we must add the fact that the production of a crop is not usually constant. That is, the harvest normally occurs only in certain months. For this reason, the prices of these commodities tend to vary constantly. If there is a bad wheat season, there will be a shortage and therefore prices will go up. If, on the other hand, there is a lot of supply but little demand, prices will fall.
If you desire to obtain agricultural rates, there are several markets or commodity exchanges that take care of that. But if you want to get it for free, there is another service. Its name is Commodities-API and thanks to it, you will be able to see the prices of any agricultural product you want. And without paying anything!
What is Commodities-API?
If what you are looking for is to obtain prices of agricultural products for free, the best option is Commodities-API, since it is the leading system in commodity prices. Its function is simple, collect 100% accurate data from 15 sources, such as banks and financial centers, quickly and efficiently. This service is so fast that we can obtain updated data every 60 seconds and with a precision of 2 decimal places.
Another important detail, in general, international markets work with currencies known as dollars or euros. But if you are from a country with a less powerful currency, this is not good news. But don’t worry, Commodities-API knows that your comfort comes first, that’s why it offers you to see the prices in the currency of your country, whatever it may be.
Can I use this service without paying anything?
The answer is yes, or at least you can use it without having to pay anything. However, you will be able to find out the prices with a limit of “API calls”. In case this is not enough, there are also paid plans that take full advantage of the Commodities-API capabilities. For example, in the free option you will only be able to see the prices 100 times a month and with updates of 1 hour. On the other hand, in the professional option (50 dollars per month) you will be able to see the prices 100,000 times a month and with 60-second updates.
Also published on Medium.