Three-Month Wheat Futures Contract Price Traded at US$574.9 per Bushel (Wednesday, September 25, 2024)
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The three-month wheat contract price for Wednesday, September 25, 2024, decreased. Today's trading of the three-month wheat contract was recorded at US$574.9 per bushel. This is lower than the previous day's trading, which was at US$578.88 per bushel. This current condition concludes the upward trend of the three-month wheat contract price over the past two days.
Over the past week, the three-month wheat contract price movement grew by -0.15 percent, with an average daily transaction price of US$573.7 per bushel. As a result, throughout 2024, the three-month wheat contract price has fallen by 5.25 percent from its year-start position of US$606.75 per bushel. The highest trading value for the three-month wheat contract commodity this year was transacted 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 in 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.
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