what is commodity trading?

Commodity trading refers to the buying and selling of raw materials or primary products that are traded on an exchange. These raw materials or commodities can include agricultural products such as wheat, corn, and soybeans, as well as energy products such as oil, natural gas, and electricity. Traders in the commodity markets can include producers, consumers, and speculators, who seek to profit from price movements in these markets. Some of the key exchanges for trading commodities include the Chicago Mercantile Exchange, the London Metal Exchange, and the New York Mercantile Exchange.