Three-Month Wheat Contract Price Falls to US$611.8 per Bushel (Friday, December 22, 2023)

The three-month wheat contract price for transactions on Friday, December 22, 2023, decreased. Today's trading of the three-month wheat contract was recorded at US$611.8 per bushel. This figure is lower than the previous day's trading, which was at US$612.5 per bushel. The current situation is similar to the previous movement of the three-month wheat contract, which was in an upward trend.

Over the past week, the three-month wheat contract price increased by 4.54 percent, with an average daily transaction price of US$613.9 per bushel. Compared to its position 30 days ago, the three-month wheat contract price has grown by 5.66 percent. Even from its highest price this year at US$629.25 per bushel, the three-month wheat contract price has fallen by 2.77 percent.

Annually, the average trading price of the three-month wheat contract over the past five years has been in an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price of the three-month wheat contract was recorded in May 2022 at US$1144.59 per bushel.