Wheat Commodity Update for the Week Ending Oct 27, 2023

The week of Oct 23, 2023 ended with wheat’s price at 575.5. Compared to last week’s price of 586, wheat is down by 1.8%.

Wheat’s toughest day on the market for the week was Oct 25, 2023 as the price sat at 568.5.

When comparing Oct 27, 2023 to Sep 27, 2023, wheat has fallen by 0.7%. At this time in Sep 27, 2023, wheat was at 579.5 and is now at 575.5.

Compared to 2022, wheat is also down. At this time last year, wheat was at 881.75 and is now sitting at 575.5. That’s a drop of 34.7%.

Wheat's worst performance of 2022 happened on Jan 03, 2022 when it was at 717.

The week of Oct 23, 2023 saw wheat’s total volume at 272556. The lowest daily volume happened on Oct 27, 2023 and was 46151.

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