Agricultural commodities are divided into three groups: natural resources, seeds and organisms, and fertilizers and equipment. Arable land and water are essential for food production, with 36% of dry land used for farming and 26% of fresh water used for agriculture. Livestock and seeds are also important, with 30% of the Earth’s landmass used for […]
Silver is a commodity traded globally in cash and futures markets. Contracts have fixed sizes and terms, with most trading in the “close” month. NYMEX trades silver contracts in increments of 0.5 cents, with each increment worth $25. Traders bet on prices going up or down, and must exit positions before the first warning day. […]