Wheat Prices Over the Past Three Months

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Agus Dwi Darmawan 11/12/2024 10:23 WIB

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Wheat Prices Over the Past Three Months

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Wheat Prices Over the Past Three Months

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The three-month wheat contract price for transactions on Wednesday, December 11, 2024, increased. Today's trading of the three-month wheat contract was recorded at US$ 564.1 per bushel. This figure is higher than the previous day's trading, which was at US$ 561.5 per bushel. The current situation 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 3.03 percent, with an average daily transaction price of US$ 557.78 per bushel. As a result, throughout 2024, the three-month wheat contract price has decreased by -7.03 percent from its year-beginning position of US$ 606.75 per bushel. 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."