Wheat Commodity Update for the Week Ending Aug 18, 2023

The week of Aug 14, 2023 ended with wheat’s price at 639. Compared to last week’s price of 653.75, wheat is down by 2.3%.

Wheat’s toughest day on the market for the week was Aug 17, 2023 as the price sat at 615.25.

When comparing Aug 18, 2023 to Jul 18, 2023, wheat has fallen by 7.5%. At this time in Jul 18, 2023, wheat was at 690.5 and is now at 639.

Compared to 2022, wheat is also down. At this time last year, wheat was at 789.75 and is now sitting at 639. That’s a drop of 19.1%.

Wheat's worst performance of 2022 happened on Jan 03, 2022 when it was at 717.

The week of Aug 14, 2023 saw wheat’s total volume at 268175. The lowest daily volume happened on Aug 17, 2023 and was 44109.

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