Commodity trading involves buying and selling products like food, metals, and energy through contracts. In India, commodity futures markets have grown since 2003, with agricultural commodities initially popular but bullion and metals now leading. The future may focus on energy and electricity products. To benefit farmers, there needs to be better regulation, widespread price information, and education programs. Farmers currently have limited participation due to complex contracts and lack of information. The paper provides an overview of global commodity trading.