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Agriculture Commodities
Products derived from farming and agriculture, such as grains, livestock, and dairy products, which are traded on commodities markets.
Price Inelastic
Describes a situation where the quantity demanded of a good or service is not significantly affected by changes in its price.
Parity Ratio
The ratio used to assess the relative value of two currencies, commodities, or sets of data.
Prices Received
The amounts of money received by producers or sellers for the goods or services they sell, often subject to market conditions and demand.
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