If you want to make your cattle business grow and prosper, you should use a good API. In this article, we’ll explain how to use one and why you should use it.
The cattle industry is one of the most important in the world. In fact, it is the largest agricultural sector in terms of economic value. It is also one of the most important for the agricultural sector in terms of value, with a value of approximately $1.3 trillion annually. Live cattle are cattle that have reached a desirable weight (1150-1375 pounds for heifers and 1200-1500 pounds for steers) and are ready to be sold to a packer. Feeder cattle are newly weaned calves who have just been transported to the feedlots (approximately 6-10 months old).
Because of this, there are many people who own cattle or work in the industry. This means that there are many opportunities for growth and expansion. However, this also means that there are many competitors. This is why having a good feeder cattle API is essential for success.
Commodities are exchangeable and come in a wide range of forms. Among the most popular goods are wheat, oil, and precious metals. The prices of these commodities fluctuate throughout the year based on a variety of factors. For instance, the weather may have an effect on the price of corn or wheat. The price of a commodity can also be impacted by geopolitical circumstances.
Commodities are exchangeable on a variety of exchanges around the world. On these markets, investors can buy and sell commodities to boost their profits. But navigating the commodities market can be difficult due to its size and complexity.
Commodities API: Let’s Get Started!
The commodities API is one of the better ones now on the market. You get access to the most recent pricing data for a range of commodities and assets. Users of this API have a range of options to pick from, depending on their needs and preferences. They will then assemble pricing information for these assets from the past and the present. Grain, wheat, sugar, natural gas, and even pig parts are alternatives.
When using the API, developers won’t have to start from scratch. This technology is a fantastic option for developers because it can be quickly incorporated into already-existing websites and applications. The commodities API also provides data in JSON format, which is supported by all popular programming languages.
As an example, let’s look at the “Latest rates endpoint,” which provides information on the most recent commodity rates for a certain currency. The following information was discovered while researching Feeder Cattle on October 2023 using the base currency (USD) and the symbol (FCV23):
{"data":{"success":true,"timestamp":1688656260,"date":"2023-07-06","base":"USD","rates":{"FCV23":0.0040526849037487},"unit":{lb}}}
The simple-to-use Commodities API offers trustworthy information. Register online to follow the live cattle pricing. After logging in, pick the base currency, symbols, and endpoint that best meet your requirements. Click “run” at the very end to start the API call. The API will immediately reply with all the details you require!