Wheat Commodity Update for the Week Ending Feb 16, 2024

The week of Feb 12, 2024 ended with wheat’s price at 559. Compared to last week’s price of 599.25, wheat is down by 6.7%.

Wheat’s toughest day on the market for the week was Feb 16, 2024 as the price sat at 559.

When comparing Feb 16, 2024 to Jan 16, 2024, wheat has fallen by 6.2%. At this time in Jan 16, 2024, wheat was at 596 and is now at 559.

Compared to 2023, wheat is also down. At this time last year, wheat was at 812.5 and is now sitting at 559. That’s a drop of 31.2%.

Wheat's worst performance of 2023 happened on Nov 27, 2023 when it was at 576.25.

The week of Feb 12, 2024 saw wheat’s total volume at 336057. The lowest daily volume happened on Feb 12, 2024 and was 56973.

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