Three-Month Wheat Futures Contract Price Traded at US$569.5 per Bushel (Friday, September 20, 2024)
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Investing.com reports that the three-month wheat contract price today rose 0.71 percent to US$569.5 per bushel. This price increase is relatively high compared to the average price movement over the past week.
The three-month wheat contract price saw its highest jump this week on Monday, September 16, 2024, at 1.27 percent. However, trading since the beginning of the year has been consistently declining, with year-to-date (YTD) growth down 6.14 percent.
The current situation is similar to the movement of the three-month wheat contract price in the last 24 hours, which is currently on an upward trend.
Over the past week, the three-month wheat contract price grew by 1.02 percent, with an average daily transaction price of US$571.32 per bushel. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the three-month wheat contract price has fallen by 6.14 percent. The highest trading value for the three-month wheat contract commodity this year was recorded at US$700.25 per bushel on Tuesday, May 28, 2024.
Annually, the average trading price of the three-month wheat contract over the past five years has been on a downward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decrease. The highest average monthly price for 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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