Soft Commodity
Definition of 'Soft Commodity'A commodity such as coffee, cocoa, sugar and fruit. This term generally refers to commodities that are grown, rather than mined. |
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Investopedia explains 'Soft Commodity'Soft commodities play a major part in the futures market. They are used both by farmers wishing to lock-in the future prices of their crops, and by speculative investors seeking a profit. |
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