Three-month Wheat Futures Contract Price Traded at US$527.6 per Bushel (Friday, August 16, 2024)

The three-month wheat contract price for Friday, August 16, 2024, increased. Today's trading of the three-month wheat contract was recorded at US$ 527.6 per bushel. This figure is higher than the previous day's trading, which was at US$ 527.25 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 last week, the three-month wheat contract price movement grew by -1.98 percent, with an average daily transaction price of US$ 533.59 per bushel. Compared to the price at the beginning of the year, the three-month wheat contract price has grown by -13.04 percent. From its highest price this year at US$ 700.25 per bushel, the three-month wheat contract price has fallen by 24.66 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 commodity was recorded in September 2022 at US$ 833.91 per bushel.