“I would like to be able to find grain prices simply and easily”, surely this is the phrase that you are thinking about the most lately. Luckily for you, in this informative post, we will explain which is the ideal API for these situations. It is the best commodities spot rates API.
When we talk about food grains, 3 types must be differentiated. First, there are the whole grains, these grains are present in their whole form or ground into flour while retaining all parts of the seed (bran, germ, and endosperm). Compared to other types of grains, whole grains are better sources of fiber and other important nutrients, such as B vitamins, iron, folate, selenium, potassium, and magnesium. On the other hand, there are also refined grains that are ground to remove the germ and bran, which gives them a finer texture and prolongs their shelf life. The refining process also removes many nutrients, including fiber.
As a last option, there are also enriched grains. “Enriched” means that some of the nutrients lost during processing are replaced. Some enriched grains have replaced the B vitamins lost during milling. “Fortify” means adding nutrients that are not found naturally in food. However, thanks to the evidence on the benefits of whole grains, the World Health Organization (WHO), the Food and Agriculture Organization of the United Nations (FAO) and the health, institutions of different countries in the world recommend its consumption. In fact, the Dietary Guidelines for Americans recommend that at least half of all grains consumed be whole grains.
Be that as it may, it is clear that food grains are a very important part of our diet, which is why there are many businesses and people who must be attentive to price changes. For this type of situation, we recommend the use of a digital tool, an API called Commodities-API.
Why Commodities-API?
First, we must define what Commodities-API is. It is an API designed to deliver Commodity prices quickly, accurately, and efficiently. As its ending indicates, this service is an API. API is short for Application Programming Interfaces and is based on a set of definitions and protocols that are intended to integrate systems and facilitate communication between software applications. Thanks to this platform, you will be able to stay updated on the prices of a wide variety of food grains, including rice, coffee, corn, sugar, wheat, soybeans; and all this, with a precision of two decimal places and updates every 60 seconds.
However, it is useless to have updated prices per minute, if they are not reliable. Well, in this aspect, you should not worry, because Commodities-API obtains information from top quality sources that are recognized worldwide. Its reliability is so great that many developers, SMEs, and large organizations use it. For example, companies like Barrick, Metex, Chainlink, and Glencore.
And finally, the price… the most important aspect for some. Surely you think that this system is very expensive, but it is not. Commodities-API is free! That is, you will be able to access grain prices without paying anything. But, it is also true that there are paid plans that offer better benefits, which cost between 15 and 50 dollars per month.
We recommend you go to its website and in the “pricing” section you will find the main differences between the free, basic and professional plans.
Also published on Medium.