Three-Month Wheat Futures Price Rises to US$563.4 per Bushel (Thursday, July 11, 2024)

The three-month wheat contract price for Thursday, July 11, 2024, increased. Today's trading of the three-month wheat contract was recorded at US$ 563.4 per bushel. This is higher than the previous day's trading, which was at US$ 561.5 per bushel. This current condition is similar to the movement of the three-month wheat contract in the last day, which is currently in a shrinking trend.

Over the past week, the three-month wheat contract price movement grew by -4.55 percent, with an average daily transaction price of US$ 573.27 per bushel. Compared to the position 30 days ago, the three-month wheat contract price movement has grown by -18.67 percent. The highest trading value for the three-month wheat contract commodity this year was transacted at US$ 700.25 per bushel, which occurred on Tuesday, May 28, 2024.

Annually, the average trading price of the three-month wheat contract over the past five years has been in a downward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to shrink. The highest average monthly price of the three-month wheat contract commodity was recorded in September 2022 at US$ 833.91 per bushel.