Wheat Commodity Update for the Week Ending Oct 20, 2023

As of Friday, wheat’s closing price was 586. That’s a 1.1% increase from last Friday’s 579.75.

Wheat’s high for the week occurred on Oct 19, 2023 when the price was at 594.

When comparing Oct 20, 2023 to Sep 20, 2023, wheat has fallen by 0.5%. At this time in Sep 20, 2023, wheat was at 588.75 and is now at 586.

Compared to 2022, wheat is also down. At this time last year, wheat was at 887.25 and is now sitting at 586. That’s a drop of 34%.

2022's best day for wheat was May 17, 2022 when it was at 1117.

Wheat’s total volume for the week of Oct 16, 2023 was 307482. The highest daily volume of the week occurred on Oct 20, 2023 and was 79190.

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