Generally, high volume, low value unprocessed agricultural commodities, which are treated as though they are homogeneous (fungible) in nature prior to processing. Grains, oilseeds, and cotton are considered bulk commodities. Contrasting categories are high value commodities, semiprocessed and processed commodities, and consumer ready commodities.
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RDF/XMLCreated 2006-01-19, last modified 2019-12-16