Three-Month Wheat Futures Contract Price Traded at US$568.5 per Bushel (Friday, September 20, 2024)

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Agus Dwi Darmawan 22/09/2024 10:39 WIB
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Wheat Prices Over the Past Three Months
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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.

"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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