Three-Month Wheat Contract Price Rises to US$595.25 per Bushel (Friday, September 13, 2024)
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The three-month wheat contract price for Friday, September 13, 2024, increased. Today's trading of the three-month wheat contract was recorded at US$595.25 per bushel. This figure is higher than the previous day's trading, which was at US$578.5 per bushel. The current situation is similar to the movement of the three-month wheat contract price in the last day, which is in an upward trend.
Over the last week, the three-month wheat contract price increased by 2.5 percent, with an average daily transaction price of US$576.79 per bushel. Compared to the price at the beginning of the year, the three-month wheat contract price has grown by -1.9 percent. From its highest price this year at US$700.25 per bushel, the three-month wheat contract price has fallen by 14.99 percent.
Annually, the average trading price of the three-month wheat contract over the last 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 May 2024 at US$659.05 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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