A soft commodity is a commodity such as coffee, cocoa, sugar, corn, wheat, soybean and fruit. This term generally refers to commodities that are grown, rather than mined. Soft commodities play a major part in the futures market. They are used by farmers wishing to lock-in the future prices of their crops, by commercial purchasers of the products, ...
Found on
http://en.wikipedia.org/wiki/Soft_commodity
While there is no formal definition of this term it is widely taken to mean coffee, cocoa, sugar and cotton but not agricultural commodities such as wheat and potatoes, and not industrial commodities, chemicals and metals.
Found on
https://www.encyclo.co.uk/local/21466
No exact match found.
