ZW
Wheat
ZW·agriculture
543.25¢/bu
-6.13 (-1.12%)
Day 538.50 – 548.00·52W 490.25 – 762.50·Open 549.38·Prev. Close 549.38
Price Chart
Key Statistics
| Prev. Close | 549.38 ¢/bu | Open | 549.38 ¢/bu | |
| Day High | 548.00 | Day Low | 538.50 | |
| 52W High | 762.50 | 52W Low | 490.25 | |
| Change | -6.13 | Change % | -1.12% | |
| Category | Agriculture | Unit | ¢/bu |
About Wheat
Chicago Soft Red Winter (SRW) wheat is the most actively traded grain futures contract globally, used as a benchmark for global food inflation. Key price drivers include Black Sea export competition (Ukraine and Russia supply ~30% of world wheat exports), US Plains growing conditions, and global ending stocks relative to usage. The 2022 Russian invasion of Ukraine triggered a 60% price spike; subsequent deals and supply rerouting have since unwound much of that premium.