The company is generally subject to limited listing requirements alongwith fewer filing and regulatory standards.commoditiesA commodity is a basic good used in commerce that is interchangeable with othercommodities of the same type. Commonly traded commodities include gold, beef, oil,lumber and natural gas. Additional examples of commodities include iron ore, crude oil, salt,sugar, tea, coffee beans, copper, rice, wheat, silver, and platinum. Commodities are basic because they have simply been grown or extracted from theirnatural state and brought up to a minimum grade for sale in a marketplace - there is noextra value added to them by the producer. Although the quality may differ slightly betweenproducers, commodities by definition are very similar no matter who produces them. Allcommodities of the same grade are priced equally, and are interchangeable.The most widely traded commodities have well established markets. Investors buy and sellcommodities through futures contracts on exchanges. The exchanges standardize thequantity and minimum quality of the commodity. For example, the Chicago Board of Tradestipulates that one wheat contract is comprised of 5,000 bushels. It also states what gradesof wheat can be used to satisfy the contract. All wheat that meets that grade, no matterwhere it was grown, and despite slight variations in quality, will be sold for the same
The company is generally subject to limited listing requirements alongwith fewer filing and regulatory standards.commoditiesA commodity is a basic good used in commerce that is interchangeable with othercommodities of the same type. Commonly traded commodities include gold, beef, oil,lumber and natural gas. Additional examples of commodities include iron ore, crude oil, salt,sugar, tea, coffee beans, copper, rice, wheat, silver, and platinum. Commodities are basic because they have simply been grown or extracted from theirnatural state and brought up to a minimum grade for sale in a marketplace - there is noextra value added to them by the producer. Although the quality may differ slightly betweenproducers, commodities by definition are very similar no matter who produces them. Allcommodities of the same grade are priced equally, and are interchangeable.The most widely traded commodities have well established markets. Investors buy and sellcommodities through futures contracts on exchanges. The exchanges standardize thequantity and minimum quality of the commodity. For example, the Chicago Board of Tradestipulates that one wheat contract is comprised of 5,000 bushels. It also states what gradesof wheat can be used to satisfy the contract. All wheat that meets that grade, no matterwhere it was grown, and despite slight variations in quality, will be sold for the same