Basic Commodities

Business / Agriculture / Basic Commodities: Six agricultural crops (corn, cotton, peanuts, rice, tobacco, and wheat) declared by permanent law as requiring federal price support.

Other Words for Basic

Basic Adjective Synonyms: fundamental, essential, key, elementary, underlying, prime, primary, root, principal, central, focal, vital
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Nonbasic Commodities

Business / Agriculture / Nonbasic Commodities: Commodities other than basic commodities for which USDA is authorized to provide price support in permanent law. This includes soybeans and other oilseeds, milk, sugar beets, and sugarcane. MORE

Controlled Commodities

Business / Finance / Controlled Commodities: The shares owned by the controlling shareholders of a corporation. MORE

Kuala Lumpur Commodities Exchange (KLCE)

Business / Finance / Kuala Lumpur Commodities Exchange (KLCE): The Malaysian commodity exchange for trading futures in crude palm oil, crude palm kernel oil, tin, rubber, and cocoa. MORE

Commodities Exchange Center (CEC)

Business / Finance / Commodities Exchange Center (CEC): Committee that assigns identifying numbers and codes for all securities. These 'CUSIP' numbers and symbols are used when recording all buy or sell orders. MORE

Cash In Lieu Of Commodities

Business / Agriculture / Cash In Lieu Of Commodities: Refers to cash provided to food program operators (e.g., elderly nutrition programs, child care food programs, and some school food programs) in lieu of mandated commodity assistance. Recipients may u MORE

Bonus Commodities

Business / Agriculture / Bonus Commodities: From the agricultural perspective, these are commodities donated to domestic feeding programs that USDA acquires for unexpected surplus removal reasons or because Commodity Credit Corporation holdings MORE

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