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What is FARM Tool?

Introducing the online Farm Cost and Return Tool (CART) page, developed for aspiring farmers and ranchers as part of the FAPRI initiative. This intuitive tool is an indispensable asset for anyone considering a farming career or those who currently manage agricultural operations. It encompasses extensive data derived from the FAPRI baseline and USDA, focusing on a select range of commodities listed below, and includes historical production statistics, cost details, and forecasts for the upcoming five years. Users have the flexibility to select the crops they wish to cultivate, indicate the acreage allocated for each, specify their livestock numbers, and modify yields, prices, and costs according to their circumstances. Once users create their farm profiles and input the necessary information, they receive a detailed five-year projection of costs and returns, enabling them to evaluate the potential profitability of different farming endeavors. This tool is vital for making well-informed decisions within the agricultural industry and helps users gain deeper insights into their farming operations. By leveraging the insights provided, individuals can navigate the complexities of the farming business with greater confidence.

What is CommodityPriceAPI?

CommodityPriceAPI is a REST API tailored for developers that delivers both current and historical pricing data for over 170 different commodities, covering areas such as precious metals like gold and silver, energy products including WTI and Brent crude, natural gas, and a variety of agricultural goods. This pricing information is sourced from exchange-grade channels and is refreshed every second, enabling quotations in more than 150 currencies. The API is designed with five user-friendly endpoints that simplify the user experience: it provides access to the most recent rates, historical records dating back to January 1990, time-series analysis, calculations of price fluctuations, and a reference guide for commodity symbols, all protected by a single API key and formatted in an easily digestible JSON structure. Users can quickly integrate the API into their systems within five minutes, eliminating the need for any software development kit. Moreover, the platform is equipped with a specialized MCP server that facilitates seamless access to both live and historical commodity information for AI assistants like Claude and Cursor. With applications in fintech dashboards, trading platforms, agri-tech innovations, and energy monitoring systems, this API boasts an impressive uptime of 99.97% and an average response speed of under 80 milliseconds, ensuring both reliability and efficiency. The comprehensive nature of this API positions it as an indispensable resource for developers aiming to embed commodity pricing capabilities into their projects, making it a valuable asset in various technological domains.

Media

Media

Integrations Supported

Integrations Supported

Claude
Claude Code
Cline
Codex CLI
Cursor
DocumentDB for VS Code
Model Context Protocol (MCP)
Windsurf Browser

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$15.99/month
CommodityPriceAPI offers three plans, Lite, Plus, and Premium. Lite gives you 2,000 calls a month with updates every 10 minutes. Plus gives you 10,000 calls a month with 60-second updates and no rate limit. Premium gives you 50,000 calls a month at the same 60-second refresh rate. All plans include historical data back to 1990. Every plan starts with a 7-day free trial, no card required.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Food and Agriculture Policy Research Institute

Company Location

United States

Company Website

www.fapri.missouri.edu/Tool/

Company Facts

Organization Name

Jfreaks Software Solutions

Date Founded

2022

Company Location

United States

Company Website

commoditypriceapi.com

Categories and Features

Categories and Features

Financial Data APIs

Not specified

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