Three-Month Wheat Futures Contract Price Traded at US$568.5 per Bushel (Friday, September 20, 2024)
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The three-month wheat contract price for transactions on Friday, September 20, 2024, increased. Today's trading of the three-month wheat contract was recorded at US$ 568.5 per bushel. This figure is higher than the previous day's trading, which was at US$ 565.5 per bushel. The current condition is similar to the movement of the three-month wheat contract price in the last day, which is in an upward trend.
Over the past week, the three-month wheat contract price increased by 0.84 percent, with an average daily transaction price of US$ 571.18 per bushel. Compared to the price at the beginning of the year, the three-month wheat contract price has grown by -6.3 percent. From its highest price this year at US$ 700.25 per bushel, the three-month wheat contract price has fallen by 18.81 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 commodity was recorded in May 2024 at US$ 659.05 per bushel.
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