Wheat traded flat at 514.75 USd/Bu on October 3, 2025. Over the past month, Wheat's price has risen 2.49%, but it is still 12.72% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on October of 2025.

The monthly price of wheat (hard red winter) in the United States reached an all time high in May 2022, at over *** U.S. dollars per metric ton. The unprecedented price increase began in mid-2020, due to the impact of the Covid-19 pandemic, and was later exacerbated by the Russo-Ukrainian War in March 2022. Before the war, Russia and Ukraine were among the world's five largest wheat exporters, and around one third of all international wheat imports came from these two countries. The increase of 96 dollars per ton between February and March 2022 was the single largest price hike in U.S. history, and was only the second time that prices had exceeded 400 dollars - the first time this happened was due to the financial crisis of 2008. In the five years before the Covid-19 pandemic, the price of wheat generally fluctuated between 150 and 230 dollars per ton.

Graph and download economic data for Global price of Wheat (PWHEAMTUSDM) from Jan 1990 to Jun 2025 about wheat, World, and price.

This statistic depicts the average annual prices for U.S. wheat (HRW) from 2014 through 2026*. In 2024, the average price for U.S. wheat (HRW) stood at 269 nominal U.S. dollars per metric ton.

Prices are a fundamental component of exchange and have long been important to the functioning of agricultural markets. Grain prices are closely related to grain transportation, where the supply and demand for grain simultaneously determines both the price of grain, as well as the demand for grain transportation.

This data has corn, soybean, and wheat prices for a variety of locations. These include origins—such as Iowa, Minnesota, Nebraska, and many others—and destinations, such as the Pacific Northwest, Louisiana Gulf, Texas Gulf, and Atlantic Coast.

The data come from three sources: USDA-AMS Market News price reports, GeoGrain, and U.S. Wheat Associates. Links are included below. GeoGrain offers granular data for purchase. The GeoGrain data here is an average of those granular prices for a given state (and the "Southeast" region, which combines Arkansas, Mississippi, and Alabama).

This is one of three companion datasets. The other two are grain basis (https://agtransport.usda.gov/d/v85y-3hep) and grain price spreads (https://agtransport.usda.gov/d/an4w-mnp7). These datasets are separate, because the coverage lengths differ and missing values are removed (e.g., there needs to be a cash price and a futures price to have a basis price).

Corn fell to 419.27 USd/BU on October 3, 2025, down 0.59% from the previous day. Over the past month, Corn's price has risen 4.88%, but it is still 1.29% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on October of 2025.

Learn about the factors that impact the volatile price of wheat in the market, including weather conditions, global production levels, government policies, and market speculation. Find out how global trade dynamics, currency exchange rates, and demand from end-users also influence wheat prices. Get real-time updates on wheat market prices from reliable financial news sources or commodity trading platforms.

Learn about current grain prices per bushel for corn, wheat, soybeans, and oats, and how they are impacted by weather conditions, export demand, and government policies affecting production and trade.

View monthly updates and historical trends for Grains Price Index. Source: World Bank. Track economic data with YCharts analytics.

Basis reflects both local and global supply and demand forces. It is calculated as the difference between the local cash price and the futures price. It affects when and where many grain producers and shippers buy and sell grain. Many factors affect basis—such as local supplies, storage and transportation availability, and global demand—and they interact in complex ways. How changes in basis manifest in transportation is likewise complex and not always direct. For instance, an increase in current demand will drive cash prices up relative to future prices, and increase basis. At the same time, grain will enter the transportation system to fulfill that demand. However, grain supplies also affect basis, but will have the opposite effect on transportation. During harvest, the increase in the supply of grain pushes down cash prices relative to futures prices, and basis weakens, but the demand for transportation increases to move the supplies.

For more information on how basis is linked to transportation, see the story, "Grain Prices, Basis, and Transportation" (https://agtransport.usda.gov/stories/s/sjmk-tkh6), and links below for research on the topic.

This data has corn, soybean, and wheat basis for a variety of locations. These include origins—such as Iowa, Minnesota, Nebraska, and many others—and destinations, such as the Pacific Northwest, Louisiana Gulf, Texas Gulf, and Atlantic Coast.

This is one of three companion datasets. The other two are grain prices (https://agtransport.usda.gov/d/g92w-8cn7) and grain price spreads (https://agtransport.usda.gov/d/an4w-mnp7). These datasets are separate, because the coverage lengths differ and missing values are removed (e.g., there needs to be a cash price and a futures price to have a basis price).

The cash price comes from the grain prices dataset and the futures price comes from the appropriate futures market, which is Chicago Board of Trade (CME Group) for corn, soybeans, and soft red winter wheat; Kansas City Board of Trade (CME Group) for hard red winter wheat; and the Minneapolis Grain Exchange for hard red spring wheat.

The dataset contains daily price ranges calculated from the daily high and low prices for Chicago Wheat, Corn, and Oats futures contracts, starting in 1877. The data is manually extracted from the ``Annual Reports of the Trade and Commerce of Chicago'' (today, the Chicago Board of Trade, CBOT, which is part of the CME group).

The price range is calculated as Range_t = ln(H_t) - ln(L_t), where H_t and L_t are the highest and lowest price observed on trading day t.

Description of the dataset:

• Date: The trading day, format dd-mm-yyyy
• Range_W_F1: Price range Wheat futures, First expiration (nearby contract)
• Range_W_F2: Price range Wheat futures, Second expiration
• Range_C_F1: Price range Corn futures, First expiration (nearby contract)
• Range_C_F2: Price range Corn futures, Second expiration
• Range_O_F1: Price range Oats futures, First expiration (nearby contract)
• Range_O_F2: Price range Oats futures, Second expiration

A "spread" can have multiple meanings, but it generally implies a difference between two comparable measures. These can be differences across space, across time, or across anything with a similar attribute. For example, in the stock market, there is a spread between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept.

In this dataset, spread refers to differences in prices between two locations, an origin (e.g., Illinois, Iowa, etc.) and a destination (e.g., Louisiana Gulf, Pacific Northwest, etc.). Mathematically, it is the destination price minus the origin price.

Price spreads are closely linked to transportation. They tend to reflect the costs of moving goods from one point to another, all else constant. Fluctuations in spreads can change the flow of goods (where it may be more profitable to ship to a different location), as well as indicate changes in transportation availability (e.g., disruptions). For more information on how price spreads are linked to transportation, see the story, "Grain Prices, Basis, and Transportation" (https://agtransport.usda.gov/stories/s/sjmk-tkh6).

This is one of three companion datasets. The other two are grain prices (https://agtransport.usda.gov/d/g92w-8cn7) and grain basis (https://agtransport.usda.gov/d/v85y-3hep). These datasets are separate, because the coverage lengths differ and missing values are removed (e.g., there needs to be a cash price and a futures price to have a basis price, and there needs to be both an origin and a destination to have a price spread).

The origin and destination prices come from the grain prices dataset.

View monthly updates and historical trends for US Wheat Price Received. from United States. Source: US Department of Agriculture. Track economic data with…

In 2022, the average price of one bushel of corn was around **** U.S. dollars. That year, the United States was the largest producer of corn in the world.

Learn about the current trends in grain prices per bushel, including the factors affecting corn, wheat, soybean, and sorghum prices in September 2021. Stay informed on the fluctuations in the grain market to make informed investment decisions and agricultural policies.

Learn about the importance of live grain market prices and how to access up-to-date information on the current prices of different grain commodities through commodity exchanges, news and analysis platforms, and free online price tracking tools.

Get the latest insights on price movement and trend analysis of Wheat in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

View monthly updates and historical trends for US Corn Farm Price Received. from United States. Source: US Department of Agriculture. Track economic data …

Graph and download economic data for Global price of Corn (PMAIZMTUSDM) from Jan 1990 to Jun 2025 about corn, World, and price.

Grain prices in Poland fell significantly during the observed period. For example, consumer wheat prices decreased from over **** zloty in 2022 to *** zloty per metric ton in July 2024.