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    It is often said that coffee is the world's third biggest commodity. Is this true and what other items make up the top 10?

    Question #92592. Asked by billythebrit. (Feb 20 08 6:11 AM)


    --simone--

    		A commodity is anything for which there is demand, but which is supplied without qualitative differentiation across a given market.

    Characteristic of commodities is that their prices are determined as a function of their market as a whole. Well-established physical commodities have actively traded spot and derivative markets. Generally, these are basic resources and agricultural products such as iron ore, crude oil, coal, ethanol, sugar, soybeans, aluminium, rice, wheat, gold and silver.

    Agricultural top ten commodies:

    Wheat CBOT
    Corn CBOT
    Soybeans CBOT
    Soybean Oil CBOT
    Soybean Meal CBOT
    Oats CBOT
    Rough Rice CBOT
    Cocoa NYBOT
    Coffee NYBOT
    Cotton NYBOT
    Sugar NYBOT

    Coffee is the ninth biggest commodity in the world today.


    Feb 20 08, 6:34 AM
    --simone--

    		A commodity is anything for which there is demand, but which is supplied without qualitative differentiation across a given market.

    Characteristic of commodities is that their prices are determined as a function of their market as a whole. Well-established physical commodities have actively traded spot and derivative markets. Generally, these are basic resources and agricultural products such as iron ore, crude oil, coal, ethanol, sugar, soybeans, aluminium, rice, wheat, gold and silver.

    Agricultural top ten commodies:

    Wheat CBOT
    Corn CBOT
    Soybeans CBOT
    Soybean Oil CBOT
    Soybean Meal CBOT
    Oats CBOT
    Rough Rice CBOT
    Cocoa NYBOT
    Coffee NYBOT
    Cotton NYBOT
    Sugar NYBOT

    Coffee is the ninth biggest commodity in the world today.

    http://en.wikipedia.org/wiki/List_of_traded_commodities






    Feb 20 08, 6:36 AM

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