Wheat Price OutlookPrices for wheat picked up over the last month due to healthy export data, while less favorable winter wheat crop conditions likely added additional upward pressure. On 29 November, wheat traded at USD 548 cents per bushel, which was up 7.0% from the same day in the previous month. Additionally, the price was 8.8% higher on a year-to-date basis and was up 10.3% from the same day last year. An increase in the amount of low-quality winter wheat relative to last year likely boosted prices in late November. Winter wheat quality gradually declined in November after a strong start in October, as poor weather conditions started to weigh on quality somewhat. Moreover, recent data showed that export growth was robust in the week ending 14 November, pointing to solid demand conditions.
Wheat Price History Data (USD cents per bushel, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Wheat Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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