Wheat Price History and Forecast Analysis Provided by Procurement Resource

Product NameWheat
HS Code110100
SynonymsTriticum aestivum L
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

Request for Real Time Wheat Prices: https://www.procurementresource.com/resource-center/wheat-price-trends/pricerequest

Wheat is the grass that is grown to derive its seed, which is a staple cereal grain across the world. It is the most extensively cultivated among the many wheat species called the genus Triticum of the Poaceae grass family.

Wheat is nutrient-rich, full of carbohydrates, and has many applications. It can be grown in various climates but is most suitable for temperate climates and is likely to catch diseases in very humid and hot zones.

Russia, Canada, the United States, France, and Ukraine are the global leading producers of wheat.

Key Details About the Wheat Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Wheat price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Wheat price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Wheat Price Trend:

Price Trend Image

The major industrial usage of the crop is its flour type, which is a staple food in households globally, influencing the Wheat price trend. It is widely used in processed food preparation due to its adhesive and viscoelastic properties. It is used to make foods like pasta and bakery products like cookies, cake, etc. Industrially it is used in producing starch, malt, gluten, dextrose, and alcohol, among others.

Key Market Players:

  • Cargill, Incorporated
  • The Archer Daniels Midland Company
  • Buhler Group
  • CHS Inc.
  • Star of the West Milling Co.
  • Siemer Milling Company

News and Events:

  • September 28, 2022 – On Wednesday, Wheat futures of Chicago were on the lower edge dropping from the previous session’s high gains. However, losses were restrained by supply concerns during the ongoing Russia and Ukraine conflict.
  • September 26, 2022 – Tel Aviv University’s Institute for Cereal Crops Research (ICCR) have succeeded in ongoing research by international and Israeli researchers that isolates ancestral wheat genes with the ability to give immunity in case of 3 diseases that can affect the growth of wheat crops.

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About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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