Wheat Commodity Update for the Week Ending Jan 19, 2024

The week of Jan 15, 2024 ended with wheat’s price at 593.25. Compared to last week’s price of 596, wheat is down by 0.5%.

Wheat’s toughest day on the market for the week was Jan 16, 2024 as the price sat at 582.

When comparing Jan 19, 2024 to Dec 19, 2023, wheat has fallen by 4.7%. At this time in Dec 19, 2023, wheat was at 622.75 and is now at 593.25.

Compared to 2023, wheat is also down. At this time last year, wheat was at 778.75 and is now sitting at 593.25. That’s a drop of 23.8%.

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

The week of Jan 15, 2024 saw wheat’s total volume at 226511. The lowest daily volume happened on Jan 19, 2024 and was 44643.

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