Three-Month Wheat Contract Price Falls to US$526.38 per Bushel (Monday, August 26, 2024)

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Agus Dwi Darmawan 29/08/2024 10:09 WIB
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Wheat Prices Over the Past Three Months
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The three-month wheat contract price for Monday, August 26, 2024, decreased. Today's trading price for the three-month wheat contract was recorded at US$ 526.38 per bushel. This figure is lower than the previous day's trading price of US$ 530.25 per bushel. This current condition is similar to the downward trend observed in the three-month wheat contract price over the last day.

Over the past week, the three-month wheat contract price has fallen by -4.73 percent, with an average daily transaction price of US$ 538.98 per bushel. Compared to the price at the beginning of the year, the three-month wheat contract price has decreased by -13.25 percent. Furthermore, from its highest price this year of US$ 700.25 per bushel, the three-month wheat contract price has fallen by 24.83 percent.

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

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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