Three-Month Wheat Futures Contract Price Traded at US$578.9 per Bushel This Morning (Tuesday, September 24, 2024)
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The three-month wheat contract price for Tuesday, September 24, 2024, decreased. Today's trading of the three-month wheat contract was recorded at US$578.9 per bushel. This figure is lower than the previous day's trading, which was at US$582.5 per bushel. This current condition is similar to the movement of the three-month wheat contract price in the last day, which has been on an upward trend.
Over the past week, the three-month wheat contract price increased by 0.07 percent, with an average daily transaction price of US$573.83 per bushel. As a result, throughout 2024, the three-month wheat contract price has decreased by -4.59 percent from its year-beginning position of US$606.75 per bushel. Compared to its highest price this year of US$700.25 per bushel, the three-month wheat contract price has fallen by 17.33 percent.
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 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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