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.

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

Nov 5, 2025 · Commodities are goods taken from the earth—from cattle to gold, oil to oranges, and orange juice to wheat. Commodities are transformed into products like baked goods, …

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

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

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 …

Definition of commodity noun from the Oxford Advanced Learner's Dictionary. (economics) a product or a raw material that can be bought and sold. Crude oil is the world's most important …