Wheat Commodity Update for the Week Ending May 31, 2024

The week of May 27, 2024 ended with wheat’s price at 678.5. Compared to last week’s price of 697.25, wheat is down by 2.7%.

Wheat’s toughest day on the market for the week was May 31, 2024 as the price sat at 678.5.

In comparison to Apr 30, 2024, wheat has seen a 12.5% increase. At this time last month wheat was at 603.25 and the current price is 678.5.

Wheat has also improved since this time last year. At this time in 2023, wheat was at 656 and is now at 678.5. That’s an increase of 3.4%.

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

The week of May 27, 2024 saw wheat’s total volume at 257082. The lowest daily volume happened on May 31, 2024 and was 51136.