Agricultural commodities are raw materials that are produced from farming and agriculture. They include crops such as wheat, corn, and soybeans, as well as livestock and livestock products such as meat, milk, and eggs. Agricultural commodities are essential for feeding the world’s population, and they are also used in a variety of industrial applications.
There are a number of different ways to buy agricultural commodities. One common method is to purchase them through a futures contract. A futures contract is an agreement to buy or sell a certain quantity of a commodity at a set price on a future date. Futures contracts are traded on exchanges, and they allow buyers and sellers to lock in a price for a future delivery of a commodity.
