Wheat Commodity Update for the Week Ending May 26, 2023

As of Friday, wheat’s closing price was 616. That’s a 1.8% increase from last Friday’s 605.

Wheat’s high for the week occurred on May 23, 2023 when the price was at 622.25.

When comparing May 26, 2023 to Apr 26, 2023, wheat has fallen by 4%. At this time in Apr 26, 2023, wheat was at 642 and is now at 616.

Compared to 2022, wheat is also down. At this time last year, wheat was at 1104.5 and is now sitting at 616. That’s a drop of 44.2%.

2022's best day for wheat was May 17, 2022 when it was at 1159.75.

Wheat’s total volume for the week of May 22, 2023 was 278214. The highest daily volume of the week occurred on May 24, 2023 and was 61465.

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