What are the four basic commodities?
What are the four basic commodities?
The four basic commodities are metals, energy, livestock, and agriculture products. These items include gold, oil, cattle, and wheat which are very critical to global trade and serve as the basis of commodity markets.
-
Peaktrader
- Posts: 73
- Joined: Sun Aug 10, 2025 7:08 am
- Has thanked: 1 time
- Been thanked: 3 times
Re: What are the four basic commodities?
These classes actually embrace nearly all that is traded in the commodity markets.Festus wrote: Thu Aug 14, 2025 8:09 pm The four basic commodities are metals, energy, livestock, and agriculture products. These items include gold, oil, cattle, and wheat which are very critical to global trade and serve as the basis of commodity markets.
Re: What are the four basic commodities?
Grains such as corn and soybeans are also commodities in the agricultural sector, which is seen as being very vital in the world today.Peaktrader wrote: Wed Aug 20, 2025 2:11 pmThese classes actually embrace nearly all that is traded in the commodity markets.Festus wrote: Thu Aug 14, 2025 8:09 pm The four basic commodities are metals, energy, livestock, and agriculture products. These items include gold, oil, cattle, and wheat which are very critical to global trade and serve as the basis of commodity markets.