Wheat Commodity Update for the Week Ending May 19, 2023

The week of May 15, 2023 ended with wheat’s price at 605. Compared to last week’s price of 635, wheat is down by 4.7%.

Wheat’s toughest day on the market for the week was May 19, 2023 as the price sat at 605.

When comparing May 19, 2023 to Apr 19, 2023, wheat has fallen by 12.7%. At this time in Apr 19, 2023, wheat was at 692.75 and is now at 605.

Compared to 2022, wheat is also down. At this time last year, wheat was at 1125 and is now sitting at 605. That’s a drop of 46.2%.

Wheat's worst performance of 2022 happened on Jan 03, 2022 when it was at 712.75.

The week of May 15, 2023 saw wheat’s total volume at 342830. The lowest daily volume happened on May 19, 2023 and was 54801.

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