Are you looking for a good API to access feeder cattle data? If that is your case, you are in the right place. Keep reading to find out more about it!
The United States of America is the largest producer of beef in the world. In addition, it is also the largest exporter of beef products, shipping more than 2.5 million tons each year. All this means that feeder cattle are essential for the production of this type of meat. These are young animals raised specifically to be sold to feedlots. As they grow, they are fed a specialized diet designed to increase their weight quickly and prepare them for slaughter. Feeder cattle are usually sold at auctions, where they are bought by feedlot owners who will then fatten them up before selling them to slaughterhouses.
There are many APIs available on the market, but if you want one that can provide you with the most accurate information and data, we recommend using an API for Commodity Data.
This API allows you to get real-time information about feeder cattle prices as well as historical data about them. This is ideal for anyone who wants to invest in this industry and wants accurate information about prices. Moreover, it’s easy to use and doesn’t require any effort from your side.
There are various ways to access information on feeder cattle using an API. One method is by using the USDA database, which has data on all the animals in the country. The material is not extremely extensive, and this database’s only drawback is that it is not very user-friendly. Using livestock auction databases, which include comprehensive information on numerous animals, is another option to get feeder cattle using an API.
Commodities API: A Quick Guide!
One of the best APIs currently available is the commodities API. It gives you access to real-time pricing information for a variety of commodities and assets. Based on their requirements and preferences, users of this API can choose from a variety of available assets. After that, they will gather pricing data from both the past and the present for those assets. Alternatives include grain, wheat, sugar, natural gas, and even pig parts.
Developers won’t need to start from scratch while utilizing the API. Because it can be relatively easily integrated into existing websites and applications, this technology is an excellent choice for developers. Additionally, the commodities API returns data in JSON format, which is compatible with all widely used programming languages.
Let’s try the “Latest rates endpoint,” which offers details on the most current commodity rates for a specific currency, as an illustration. Following research on Feeder Cattle Oct 2023 using the base currency (USD) and the symbol (FCc3), the following details were discovered:
{"data":{"success":true,"timestamp":1688654820,"date":"2023-07-06","base":"USD","rates":{"FCc3":129.83362274361},"unit":{lb}}}
The easy-to-use Commodities API provides reliable data. To keep track of the price of live cattle, simply create an online account. Select the base currency, symbols, and endpoint that best suit your needs after logging in. At the very end, press “run” to launch the API call. The API will respond right away with all the information you need!