Wheat Commodity Update for the Week Ending May 17, 2024

The week of May 13, 2024 ended with wheat’s price at 651.25. Compared to last week’s price of 663.5, wheat is down by 1.8%.

Wheat’s toughest day on the market for the week was May 17, 2024 as the price sat at 651.25.

In comparison to Apr 17, 2024, wheat has seen a 17.9% increase. At this time last month wheat was at 552.25 and the current price is 651.25.

Compared to 2023, wheat is also down. At this time last year, wheat was at 676.5 and is now sitting at 651.25. That’s a drop of 3.7%.

Wheat's worst performance of 2023 happened on Nov 27, 2023 when it was at 589.

The week of May 13, 2024 saw wheat’s total volume at 405580. The lowest daily volume happened on May 17, 2024 and was 59985.