Corn is an example of a commodity.
In economics, commodities are economic goods, usually resources, that are wholly or essentially fungible. That is, the market treats instances of goods as equal or nearly equal, regardless of who produced them.
Commodities are commodities used in trade and exchangeable for other commodities of the same kind, often used as inputs in the production of other commodities and services. Traditional examples of commodities include grain, gold, beef, oil, and natural gas.
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