Glossary

Commodity

A commodity is good that is generally a primary good used in manufacturing such as timber, cotton, wool and copper.

Commodity revolves around an agricultural good produced and sold in bulk. Commodities selected for support by the USDA include corn, wheat, cotton, rice, and soybeans. Livestock, dairy, fruits and vegetables are left out. So farmers who want to grow other crops must operate at an economic disadvantage. Unfortunately, the designated commodities tend to be row crops that require the greatest soil disturbance and use of chemical inputs, leading to vast environmental degradation.

See also:
"Commodity" is in the NAICS Code "52313"
Commodity Contracts Dealing

"Commodity" is in the CPC Code "71522"
Commodity brokerage services

"Commodity" is in the UNSPSC Code "80141503"
Commodity price forecasting

Ref: 123180/2006-09-19

Commodity refers to a good that is used in manufacturing such as timber, cotton, wool and copper.

-see also:
"Commodity" is in the NAICS Code "5231"
(Securities and Commodity Contracts Intermediation and BrokerageSecurities and Commodity Contracts Intermediation and Brokerage)


"Commodity" is in the CPC Code "71522"
Commodity brokerage services

"Commodity" is in the UNSPSC Code "80151501"
Commodity policy or projections services

Ref: 86206/2006-09-13

Commodity refers to an article of commerce, trade goods or something of value that can be bought or sold, usually a product or raw material

-see also:
"Commodity" is in the NAICS Code "523"
(Securities, Commodity Contracts, and Other Financial Investments and Related ActivitiesSecurities, Commodity Contracts, and Other Financial Investments and Related Activities)


"Commodity" is in the CPC Code "71522"
Commodity brokerage services

"Commodity" is in the UNSPSC Code "80141503"
Commodity price forecasting

Ref: 84559/2006-08-20


Other Database Pages Exist for this Phrase:
WCE (Die Winnipeg Commodity Exchange (WCE) ist eine ...)
Harmonized Commodity Description and Coding System
Midam (Die MidAmerica Commodity Exchange? (MidAm) ist ...)
HS (Harmonized Commodity Description and Coding System)
Copper (Copper is characterized as a fairly soft metal - ...)

You have no rights to post comments

Related Articles

Agricultural Industry ■■■■■■■■■■
The agricultural industry in the industrial context encompasses a vast and diversified sector that is . . . Read More
Crop ■■■■■■■■■■
A crop is a volunteered or cultivated plant (any plant) whose product is harvested by a human at some . . . Read More
CPC ■■■■■■■■■■
There are two industrial interpretations for CPC: Central Product Classification, Cost per Click. The . . . Read More
Trade ■■■■■■■■■■
Trade also called goods exchange economy is the transfer the ownership of goods from one person or entity . . . Read More
Merchandise ■■■■■■■■■■
In marketing, a product is anything that can be offered to a market that might satisfy a want or need. . . . Read More
Export ■■■■■■■■■■
This term export derives from the conceptual meaning as to ship the goods and services out of the port . . . Read More
Vegetable ■■■■■■■■■■
In an industrial context, 'vegetable' typically refers to plant-based products that are grown, harvested, . . . Read More
Market ■■■■■■■■■
A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures . . . Read More
Spread ■■■■■■■■■
Spread may refer to a statistical dispersion or a Bid-offer spread, between the buying and selling price . . . Read More
Trading ■■■■■■■■■
Trading: In the industrial/industry context, trading typically refers to the buying and selling of goods . . . Read More