Three-Month Wheat Futures Contract Price Traded at US$582 per Bushel This Morning (Tuesday, September 17, 2024)

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Agus Dwi Darmawan 17/09/2024 10:09 WIB
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Wheat Prices Over the Past Three Months
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The three-month wheat contract price for Tuesday, September 17, 2024, increased. Today's trading of the three-month wheat contract was recorded at US$582 per bushel. This is higher than the previous day's trading, which was at US$578.25 per bushel. This current condition is similar to the movement of the three-month wheat contract price over the past three days, which has been on an upward trend.

Over the past week, the three-month wheat contract price has grown by 5.2 percent, with an average daily transaction price of US$567.5 per bushel. Compared to the price at the beginning of the year, the three-month wheat contract price has grown by -4.08 percent. The highest trading value for the three-month wheat contract commodity this year was transacted at US$700.25 per bushel, which occurred 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 decline. 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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