Wheat Commodity Update for the Week Ending Jan 12, 2024

The week of Jan 08, 2024 ended with wheat’s price at 596. Compared to last week’s price of 616, wheat is down by 3.2%.

Wheat’s toughest day on the market for the week was Jan 12, 2024 as the price sat at 596.

When comparing Jan 12, 2024 to Dec 12, 2023, wheat has fallen by 4.7%. At this time in Dec 12, 2023, wheat was at 625.5 and is now at 596.

Compared to 2023, wheat is also down. At this time last year, wheat was at 784.25 and is now sitting at 596. That’s a drop of 24%.

Wheat's worst performance of 2023 happened on Nov 27, 2023 when it was at 561.

The week of Jan 08, 2024 saw wheat’s total volume at 284016. The lowest daily volume happened on Jan 11, 2024 and was 38907.

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