COMMODITIES
Commodities are basic goods used in commerce that are interchangeable with other goods of the same type.
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Agriculture commodities refer to raw products derived from farming, including crops like wheat, corn, soybeans, and livestock. In trading, they are typically bought and sold on exchanges like the Chicago Mercantile Exchange (CME). Traders use agricultural commodities for speculative purposes, hedging against weather risks, and price fluctuations. These commodities are influenced by factors such as climate, government policies, and global demand. Trading these assets requires understanding seasonal cycles, production costs, and international trade dynamics.