Soft commodity

Soft commodity

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 both by farmers wishing to lock-in the future prices of their crops, and by speculative investors seeking a profit.

ee also

*Hard commodity


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  • soft commodity — /ˈsɒft kəmɒdəti/ (say soft kuhmoduhtee) noun (plural soft commodities) a commodity such as a foodstuff, agricultural produce, grain, etc., which is grown rather than mined. Compare hard commodity …  

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