agriculture commodities

Agricultural commodities are raw products grown or harvested from the earth, primarily used for food, fuel, or raw material. These include crops like wheat, corn, and soybeans, as well as livestock such as cattle and chickens. They are traded on commodity markets, where prices fluctuate based on supply, demand, weather conditions, and economic factors. Understanding these commodities is vital because they play a crucial role in the global economy, influencing food prices and the livelihoods of farmers and consumers alike.