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What are the four basic commodities?

Posted: Thu Aug 14, 2025 8:09 pm
by Festus
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?

Posted: Wed Aug 20, 2025 2:11 pm
by Peaktrader
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.
These classes actually embrace nearly all that is traded in the commodity markets.

Re: What are the four basic commodities?

Posted: Wed Aug 20, 2025 2:17 pm
by Tunde
Peaktrader wrote: Wed Aug 20, 2025 2:11 pm
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.
These classes actually embrace nearly all that is traded in the commodity markets.
Grains such as corn and soybeans are also commodities in the agricultural sector, which is seen as being very vital in the world today.