Wheat Commodity Update for the Week Ending Aug 04, 2023

The week of Jul 31, 2023 ended with wheat’s price at 633. Compared to last week’s price of 704.25, wheat is down by 10.1%.

Wheat’s toughest day on the market for the week was Aug 03, 2023 as the price sat at 627.

When comparing Aug 04, 2023 to Jul 03, 2023, wheat has fallen by 1.4%. At this time in Jul 03, 2023, wheat was at 641.75 and is now at 633.

Compared to 2022, wheat is also down. At this time last year, wheat was at 829.5 and is now sitting at 633. That’s a drop of 23.7%.

Wheat's worst performance of 2022 happened on Jan 03, 2022 when it was at 711.25.

The week of Jul 31, 2023 saw wheat’s total volume at 397823. The lowest daily volume happened on Aug 03, 2023 and was 65703.

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