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Commodities

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May 1, 2024 3 minute read

Commodities are raw materials or primary agricultural products that are often used as inputs in the production of other goods and services. They are essential for the functioning of the global economy and play a crucial role in the lives of people around the world.

What are Commodities?

Commodities can be divided into two main categories: hard commodities and soft commodities. Hard commodities are typically mined from the earth and include metals, minerals, and energy products such as oil and natural gas. Soft commodities are typically grown or harvested and include agricultural products such as wheat, corn, and soybeans.

Why Learn About Commodities?

There are many reasons why you might want to learn about commodities. If you are interested in a career in finance, economics, or supply chain management, understanding commodities is essential. Commodities are also important for investors, as they can be used to diversify portfolios and hedge against inflation.

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Reading list

We've selected 11 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Commodities.
This collection of essays from one of the world's most successful investors provides insights into his investment philosophy and approach to business.
Provides a comprehensive overview of the global commodities market, covering the history, production, consumption, and pricing of major commodities.
Provides an insightful look at the financial markets from the perspective of one of the world's most successful investors.
Provides a comprehensive overview of the global financial system, covering the different types of financial institutions, the markets in which they operate, and the regulations that govern them.
Examines the role of commodities in the global economy, focusing on the production, consumption, and trade of commodities.
Provides a clear and concise introduction to the commodities market, covering the basics of investing in commodities, the different types of commodities, and the factors that affect their prices.
Provides a global history of food, covering the production, distribution, and consumption of food, as well as the political and economic forces that have shaped the food system.
Explores the limits to economic growth, focusing on the environmental and resource constraints that could limit future growth.
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