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Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

Agus Dwi Darmawan 23/05/2024 16:06 WIB

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Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

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Wheat Prices Over the Past Three Months

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Investing.com notes that the price of three-month wheat contracts rose 0.49 percent today to US$692.12 per bushel. This price increase is relatively high compared to the average price movement over the past week.

This week, the price of three-month wheat contracts saw its highest jump on Monday, May 20, 2024, at 5.76 percent. It has strengthened by 14.07 percent compared to its year-to-date position.

The current situation confirms the upward trend in three-month wheat contract prices over the past two days.

Over the past week, the price of three-month wheat contracts grew by 7.18 percent, with an average daily transaction price of US$669.77 per bushel. Compared to the price at the beginning of the year, the price of this three-month wheat contract has grown by 14.07 percent. This current trading price for three-month wheat contracts represents the highest point reached this year.

Year-on-year, the average trading price of three-month wheat contracts 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 decline. The highest average monthly price for three-month wheat contracts was recorded in June 2022 at US$1013.57 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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Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

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Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

Three-Month Wheat Futures Price Rises to US$692.12 per Bushel (Tuesday, May 21, 2024)

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