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.

Wheat traded flat at 514.50 USd/Bu on August 11, 2025. Over the past month, Wheat's price has fallen 4.99%, and is down 4.15% compared to the same time last year, 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 August 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.

The current price of wheat per tonne is influenced by multiple factors including global supply and demand, weather conditions, government policies, and economic factors. This article explores how these factors impact wheat prices and provides insights into the average price range. Learn more about the complex interplay of global and local factors that determine the price of wheat per tonne.

Nigeria Commodity Price: Wheat data was reported at 265.550 USD/Metric Ton in Jun 2024. This records a decrease from the previous number of 289.420 USD/Metric Ton for May 2024. Nigeria Commodity Price: Wheat data is updated monthly, averaging 229.570 USD/Metric Ton from Jan 2009 (Median) to Jun 2024, with 186 observations. The data reached an all-time high of 522.290 USD/Metric Ton in May 2022 and a record low of 122.550 USD/Metric Ton in Nov 2016. Nigeria Commodity Price: Wheat data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.

Wheat price in , July, 2025 For that commodity indicator, we provide data from January 1979 to July 2025. The average value during that period was 177.31 USD per metric ton with a minimum of 85.3 USD per metric ton in July 1999 and a maximum of 446.66 USD per metric ton in March 2022. | TheGlobalEconomy.com

This statistic shows the average price per tonne of wheat in the United Kingdom (UK) between 2002 and 2015 by year, according to published agricultural and commodity price figures. In 2012, the price of wheat was 179.26 British Pound Sterling (GBP) per tonne.

This statistic shows the average annual output price of wheat in the United Kingdom from 2003 to 2021. Over the period, total output prices have generally risen, reaching a peak in 2013, with a price index of 151.1. In 2022, the output price index reached a new high, amounting to 227.2 points.

Learn about the various factors that influence the price per ton of wheat, including supply and demand, crop yield, weather conditions, market trends, and government policies. Understand how these factors can cause significant price fluctuations over time and across different regions, and discover the importance of monitoring and analyzing them for informed decision-making in the wheat market.

This statistic shows the annual price per ton of wheat in Scotland from 2003 to 2017. The price per ton of wheat has fluctuated over this period of time, peaking at ****** million British pounds in 2012.

Graph and download economic data for Global price of Wheat (PWHEAMTUSDQ) from Q1 1990 to Q2 2025 about wheat, World, and price.

In the 2024/2025 marketing year, the top consumers of wheat globally were China, India, and the European Union. China consumed about 151 million metric tons of wheat that year. Wheat consumption worldwide is slowly increasing, growing by about eight percent since 2018/2019. Wheat production and trade Not only do they consume the most wheat, but China, the EU, and India are also the leading producers of wheat worldwide. Chine led global production, with about 136.6 million metric tons in 2023/24. Despite being a top producer, China also imports a great deal of wheat. In 2022, China imported about 3.8 billion U.S. dollars’ worth of wheat. Egypt has been one of the leading importer of wheat worldwide for the last several years. Wheat price Prices around the world have risen as of 2022. Many believe that the Russian invasion of Ukraine is to blame for the rising wheat prices and others believe it is the speculation of an impending food crisis that is driving up demand. The price of the most common variety of wheat grown in the U.S., hard red winter wheat, reached an all-time high in May 2022, reaching over 522 dollars per metric ton. Globally, the real household income is expected to decline by about 1.57 percent due to the increased cost of wheat and corn. Some countries will experience a decline of over five percent, showing the real impact that growing prices have on consumers across the world.

Australia Feedgrains Price: Feed Wheat data was reported at 356.000 AUD/Ton in Sep 2021. This records an increase from the previous number of 351.600 AUD/Ton for Aug 2021. Australia Feedgrains Price: Feed Wheat data is updated monthly, averaging 296.000 AUD/Ton from Jan 2007 (Median) to Sep 2021, with 177 observations. The data reached an all-time high of 493.000 AUD/Ton in Mar 2008 and a record low of 202.000 AUD/Ton in Dec 2011. Australia Feedgrains Price: Feed Wheat data remains active status in CEIC and is reported by Australian Bureau of Agricultural and Resource Economics and Sciences. The data is categorized under Global Database’s Australia – Table AU.P002: Agricultural Commodity Prices.

In fiscal year 2024, the procurement price of wheat across India was over 2,275 Indian rupees per quintal. This was an increase compared to the previous year's procurement price. During fiscal year 2023, the export value of wheat from the south Asian nation amounted to over 1,519 million U.S. dollars.

In June 2022, the wheat price per ton stood at $449 per ton in June 2022, surging by 4.4% against the previous month.

The monthly average price for normal wheat in Egypt amounted to 22.05 Egyptian pounds (0.71 U.S. dollars) per kilogram as of May 2023. During the period reviewed, the price was the highest ever recorded and increased slightly compared to the previous month, registering a growth of almost 1.9 percent. In November 2019, the average price dropped by one Egyptian pound and stayed constant until May 2020 before fluctuating and increasing in general. The previous relative stability in wheat prices was caused by the extensive involvement of the Egyptian government in all parts of the wheat value chain.   

A major crop for the Egyptians     

Grains constitute Egypt's most important crop group, with wheat as the most important grain of all. In 2021, the country produced nine million metric tons of the crop. Yet Egyptians consumed more than twice that number. The grain is fundamental to the Egyptian population's food staple. In order to meet a demand that is higher than the local production, the country imports the majority of its wheat. In fact, Egypt has held its position as the largest wheat importer globally for years.

Several shocks to the Egyptian grain market     

The increases in the crop's price since September 2021 were a result of several reasons. The increases in the global average price of cereals, as well as crops affected by weather conditions in major export nations were among the main causes. Furthermore, the Russia-Ukraine war has severe implications on the wheat supply globally and in Egypt. Both countries are leading wheat import partners of Egypt, aggregating 85 percent of the country's wheat imports in 2020. As of the same year, the volume of wheat imported from Russia stood at 14 million metric tons.

Russia Average Export Price: Non CIS: Wheat data was reported at 206.500 USD/Ton in Nov 2018. This records an increase from the previous number of 202.300 USD/Ton for Oct 2018. Russia Average Export Price: Non CIS: Wheat data is updated monthly, averaging 189.500 USD/Ton from Jan 2013 (Median) to Nov 2018, with 71 observations. The data reached an all-time high of 330.100 USD/Ton in Jan 2013 and a record low of 155.400 USD/Ton in Aug 2016. Russia Average Export Price: Non CIS: Wheat data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.PC001: Average Export Price.

Explore the fluctuating dynamics of wheat prices in 2023, driven by climate change, geopolitical tensions in Ukraine and Russia, global demand, currency fluctuations, and trade policies. Understand how these factors impact wheat supply and prices, affecting countries worldwide.

The average producers' price of wheat flour in Russia experienced a slight decrease in January 2023, as compared to the same month of the previous year. In the latest period observed, wheat flour producers' price amounted to approximately **** thousand Russian rubles per one metric ton. The lowest figure was reached in January 2018 at a little over **** thousand Russian rubles for one metric ton of wheat flour.