Wheat Commodity Update for the Week Ending Jun 16, 2023

As of Friday, wheat’s closing price was 701.5. That’s a 9.3% increase from last Friday’s 641.75.

Wheat’s high for the week occurred on Jun 16, 2023 when the price was at 701.5.

In comparison to May 16, 2023, wheat has seen a 6.2% increase. At this time last month wheat was at 660.25 and the current price is 701.5.

Compared to 2022, wheat is also down. At this time last year, wheat was at 1078.5 and is now sitting at 701.5. That’s a drop of 35%.

2022's best day for wheat was May 17, 2022 when it was at 1129.75.

Wheat’s total volume for the week of Jun 12, 2023 was 327401. The highest daily volume of the week occurred on Jun 16, 2023 and was 82310.