Agro commodities refer to raw, unprocessed agricultural products that are grown, harvested, or produced for trade in the global market. These include a wide range of products like grains (such as wheat, rice, and corn), oilseeds (soybeans, sunflower seeds), soft commodities (such as coffee, sugar, and cocoa), and livestock products (such as cattle, pork, and poultry). Agro commodities are a critical part of the global economy as they serve as essential inputs for food production, animal feed, biofuels, and other industrial products.
The pricing of agro commodities can be highly volatile, influenced by factors such as weather conditions, global supply and demand, geopolitical tensions, and trade policies. They are typically traded on global exchanges like the Chicago Mercantile Exchange (CME) or the Intercontinental Exchange (ICE), where farmers, traders, and speculators manage risks or profit from price movements. The agro commodity market plays a vital role in ensuring food security, supporting rural economies, and driving agricultural advancements