Three-Month Wheat Contract Price Falls to US$549.62 per Bushel (Monday, August 19, 2024)

The three-month wheat contract price for Monday, August 19, 2024, decreased. Today's trading of the three-month wheat contract was recorded at US$549.62 per bushel. This figure is lower than the previous day's trading, which was at US$552.50 per bushel. This current condition is similar to the movement of the three-month wheat contract price in the last day, which is in a downward trend.

Over the past week, the three-month wheat contract price movement grew by -2.12 percent, with an average daily transaction price of US$555.12 per bushel. Compared to its position 30 days ago, the three-month wheat contract price has grown by 2.16 percent. From its highest price this year at US$700.25 per bushel, the three-month wheat contract price has fallen by 21.51 percent.

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 decrease. The highest average monthly price of the three-month wheat contract was recorded in September 2022 at US$833.91 per bushel.