https://tradingeconomics.com/commodity/wheat [ ] * TRADING ECONOMICS * DATA Download historical data for 20 million indicators using your browser. API GATEWAY Direct access to our data from your apps using any programing language. ALERTS Manage your notifications for calendar releases and financial markets. Already a user? Login * Calendar * News * Markets + Currencies + Stocks + Commodities + Bonds + Crypto + Earnings + Holidays * Indicators + Countries + Indicators + Heatmap * Forecasts + Countries + Indicators + Currencies + Stocks + Commodities + Bonds + Crypto * [ ] + Wheat2022 Data - 1977-2021 Historical - 2023 Forecast - Price - Quote - Chart * Summary * Forecast * Stats * Download * Alerts Chicago wheat futures traded around $11.5 in the first week of March, the highest since 2008, as the Russian invasion of Ukraine brought supply disruptions from two of the world's largest producers. Amid heavy sanctions and restrictive measures from western economies, exports from the Black Sea have nearly halted. Multinational food companies such as Bunge and ADM have closed facilities in the region, while the world's biggest container ship operator Maersk/MSC suspended service to Russian ports. At the same time, the Ukrainian military suspended all commercial operations from Ukrainian ports. With Russia and Ukraine accounting for roughly 30% of the world's wheat exports, conflict in the region affects crucial supply from an already tight market. Meanwhile, wheat stocks in major exporting countries are already at low levels, and ongoing droughts are reducing maize availability in South America, US, and Canada. Historically, Wheat reached an all time high of 1350 in March of 2022. Wheat - data, forecasts, historical chart - was last updated on March of 2022. Wheat is expected to trade at 786.39 USd/BU by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 910.05 in 12 months time. [INS::INS] * * 1Y * 5Y * 10Y * 25Y * MAX * Chart + o Column o Line o Area o Spline o Splinearea o Candlestick o Bars o Trend o Average(4) o Histogram o Variance o Mean o Maximum o Minimum * Compare * Export * API * Embed [2019-03-05 ] [2022-03-05 ] Ok [] [] Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Features Questions? Contact us Already a Member? Login The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. API Features Documentation Interested? Click here to contact us Please Paste this Code in your Website [