What kinds of goods are sold in a commodity market?

In a commodity market, a variety of goods are traded, primarily categorized into two main types: hard commodities and soft commodities. Hard commodities include Natural Resources that are mined or extracted, such as oil, gold, and metals. Soft commodities consist of agricultural products or livestock, including grains, coffee, sugar, and cotton. These goods are typically standardized and traded in bulk, making them suitable for futures contracts and other financial instruments.