Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced …

The meaning of COMMODITY is an economic good. How to use commodity in a sentence.

Frequently Asked Questions What is a commodity? A commodity is a basic good that is interchangeable with other goods of the same type.

COMMODITY definition: 1. a substance or product that can be traded, bought, or sold: 2. a valuable quality: 3. a…. Learn more.

COMMODITY meaning: 1 : something that is bought and sold; 2 : something or someone that is useful or valued

Find the latest commodity prices including News, Charts, Realtime Quotes and even more about commodities.

Find out what defines a commodity, what types of commodities there are, and what factors determine global commodity supply and demand.

Aug 26, 2025 · A commodity is more than just a raw material—it is a cornerstone of global trade, economics, and financial markets. Defined by its fungibility, standardisation, and universal …

A commodity is a raw material or primary agricultural product used to produce other goods. Unlike branded products, commodities are standardized and undifferentiated, which means their …

A commodity is an item that is traded on the market, such as wheat, gold, silver, oil, coffee, or sugar. The corporation provided $150 million to finance the exports of various commodities …