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Blog:Commodities

What Causes the Price Volatility of Agricultural Commodities

The main causes of price volatility in agricultural commodities are: Supply-side Factors * Weather Conditions: Agricultural production is highly vulnerable to weather events like droughts, floods, and temperature extremes, which can significantly disrupt supply and lead to price volatility. * Natural Disasters and Pests: Occurrences like hurricanes, plant diseases, and pest infestations

Top Wheat Producing Countries

According to the latest statistics from the USDA, below are the top wheat producing countries in 2023/2024 (figures in metric tons): * China: 136.59 million * European Union: 134.15 million * India 110.55 million * Russia 91.5 million * United States 49.31 million * Canada 31.95 million * Pakistan 28.

What is an Agricultural Commodity

Agricultural commodities are the raw materials produced from farming and livestock rearing. They are the foundation of our food supply, providing us with the staples that fuel our lives, but their uses extend far beyond the dinner table. These essential resources play a crucial role in various industries and impact