Do you want to enter the corn market? Do you find it difficult to understand the investment pages? Read this article to learn how to use an API that will make you understand!
Corn is one of the most traded grains in the world. It has been harvested for centuries and comes from Mexico. It is a food that is very rich in protein and is part of several typical Latin American meals. Through this, dishes, cattle feed, oils and even ecological fuels can also be produced.
Corn is a staple food crop in many regions of the world. Corn is utilized for human food in 116 million tons over the world. Africa accounts for 30% of them, with Sub-Saharan Africa accounting for 21%. Corn accounts for 15 to 20% of daily calorie intake in the diets of people in more than 20 nations.
In countries like Australia where several cultures are grouped together, corn has become a product that began to be harvested at the beginning of the decade due to the large number of Latin American immigrants who live there. This opened up a new economic possibility as the Australian soil and climate is conducive to growing corn.
Although it is not one of its most traded products, the corn of Australian origin has a level of local economic movement, but sustainable. This caused farming areas to expand and local growers had to stay prepared for the movements of the various products they harvest, including corn metrics and Australian currency. To do this, they use Commodities-API.
What Is Commodities-API?
Commodities-API is a technology that supports an API, or computer software, to access data on stock market movements. This website provides access to 170 different currencies as well as essential consumables such as sugar, rice, coffee, and petrol. It’s an extremely safe site, using encryption comparable to what banks use. It also provides a highly exact and quick search result, in that the data provided through the Commodities-API is accurate to two decimal places and may be accessed in less than 60 seconds through the same economic entities.
How Do I Create An Account For The First Time?
Another advantage is how simple it is to get started with the platform. It is really simple to accomplish; simply follow these steps:
- Create an account on the website
- Receive an API-key that is unique to each user
- Select your desired currency (AUD) and commodity (CORN).
What Is The Source Of The Information?
The Commodities-API system´s API gets its commodities and currency rate data from more than 15 reliable sources every minute. These are trustworthy sources that include multinational banks, data suppliers, and even the World Bank.
For more information, check their website.