Sure, I'd be happy to help you with this question.
1. Commodities are raw materials or primary agricultural products that can be bought and sold. They are traded on the commodity futures market.
2. From the options provided, the two items that are considered commodities and are traded on the commodity futures market are:
- Energy: This includes products like crude oil, natural gas, and electricity. They are essential commodities that are actively traded in the market.
- Farm produce: This category encompasses agricultural products such as wheat, corn, soybeans, and livestock. These items are key components of the commodity futures market due to their importance in the economy.
Therefore, in the context of the question, energy and farm produce are the two items considered commodities and traded on the commodity futures market.
