Agricultural commodity
In relation to trading on commodity exchanges, this includes – commodities such as grain, cotton, soybeans and livestock (things as wheat, cotton, corn, soybean, livestock, etc.).), – all commodities derived from living organisms, including plant, animal and aquatic life, which are generally fungible, within their respective classes, and are used primarily for human food, shelter, animal feed, or natural fiber, – tobacco, products of horticulture, and such other commodities used or consumed by animals or humans, and – commodity-based indexes based wholly or principally on underlying agricultural commodities. – See agricultural commodities, agribulk, petroleum-food nexus, food, commodity funds, commodity price risk, speculation, futures contract, substitutability, commodity futures contract.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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