284.275125 -1.933875 -0.68%
Official Close 3/17/2023 MI Indication


Commodity Snapshot

286.21
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Unit conversion for Wheat Price Today

Conversion Wheat Price Price
1 Ton = 1,000 Kilograms Wheat Price Per 1 Kilogram 0.27 USD

Agriculture

Name Price % Unit Date
Cotton 0.79 1.78 USD per lb. 3/19/23 09:51 PM
Oats 3.48 0.43 USD per Bushel 3/17/23 02:20 PM
Lumber 452.40 3.15 USD per 1.000 board feet 3/17/23 04:05 PM
Coffee 1.82 2.68 USD per lb. 3/17/23 11:23 AM
Cocoa 2,103.00 -2.05 GBP per Ton 3/17/23 12:55 PM
Live Cattle 1.62 0.05 USD per lb. 3/17/23 02:05 PM
Lean Hog 0.80 0.57 USD per lb. 3/17/23 02:05 PM
Corn 6.31 -0.59 USD per Bushel 3/19/23 09:50 PM
Feeder Cattle 1.89 -0.41 USD per lb. 3/17/23 02:05 PM
Milk 18.06 0.17 USD per cwt.sh. 3/17/23 02:15 PM
Orange Juice 2.43 0.39 USD per lb. 3/17/23 02:00 PM
Palm Oil 4,069.00 -0.37 MYR per Ton 3/17/23 06:00 AM
Rapeseed 467.50 -1.06 EUR per Ton 3/17/23 01:30 PM
Rice 17.12 -0.29 USD per cwt. 3/19/23 09:44 PM
Soybean Meal 466.30 0.19 USD per Ton 3/19/23 09:51 PM
Soybeans 14.73 -0.22 USD per Bushel 3/19/23 09:51 PM
Soybean Oil 0.57 -0.30 USD per lb. 3/19/23 09:48 PM
Wheat 266.25 -1.21 EUR per Ton 3/17/23 01:30 PM
Sugar 0.21 -0.34 USD per lb. 3/17/23 01:00 PM

Wheat

Wheat is a versatile grain that can be grown in a variety of climates and dates back to 10,000 B.C.. The price of the US Dollar is one of the main driving factors of wheat prices as well as supply-demand imbalances. Wheat is traded on several exchanges such as the CME Group, Mercado a Termino de Buenos Aires (MAT), Sydney Futures Exchange (SFE), London International Financial Futures and Options Exchange (LIFFE), Marche a Terme International de France (MATIF), Budapest Commodity Exchange (BCE), the Kansas City Board of Trade (KCBT), the Minneapolis Grain Exchange (MGE), and the Winnipeg Commodity Exchange (WCE). (read more)

China, India, Russia, and the US are among the top wheat producers. Highly nutritious and long-lasting, wheat has become a staple in diets across the globe whether it be in bread, pasta, cereal or pastries. It is also used in the production of beer, whiskey, and cooking oil. Wheat is not only a food source but has other applications as well. Gluten, a protein found in wheat and other grains, can be used to create medical capsules and to coat some paper products.