Under the belief that the market would reign supreme for at least a decade they decried any effort to treat oil as a strategic commodity.
Sugar was considered one of the few strategic commodities in which the United States was not fully self-sufficient.
Jeffersonian agrarians held that the economy of the United States should rely more on agriculture for strategic commodities than on industry.
This opens up the question about the possibility of cornering one of the markets for strategic commodities that are fundamental to all economies around the world.
The high concentration of nitrates also made guano an important strategic commodity.
Transactions involving strategic commodities like oil and electricity would be brokered by Government planners, but the sales would be at market prices.
And yet, oil is a strategic commodity governed by some constants.
Sugar may increasingly become a strategic commodity.
All its other advantages - from transport to energy production - can only be secondary in the light of the importance of water as a strategic commodity.
Iron was a major weaponry material and thus a strategic commodity.