Three-Month Wheat Futures Price Rises to US$582.4 per Bushel (Friday, September 13, 2024)
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The three-month wheat contract price for transactions on Friday, September 13, 2024, increased. Today's trading of the three-month wheat contract was recorded at US$582.4 per bushel. This figure is higher than the previous day's trading, which was at US$579 per bushel. The current situation 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 has grown by 0.28 percent, with an average daily transaction price of US$575.02 per bushel. Compared to its position 30 days ago, the three-month wheat contract price has grown by 7.75 percent. Even from its highest price this year at US$700.25 per bushel, the three-month wheat contract price has fallen by 16.83 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 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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