Wheat fell to 498.75 USd/Bu on October 10, 2025, down 1.82% from the previous day. Over the past month, Wheat's price has fallen 4.36%, and is down 16.74% 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 October of 2025.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Wheat (WPU0121) from Jan 1947 to Aug 2025 about wheat, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

The North America Wheat Market Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Import Analysis (Value and Volume), Export Analysis (Value and Volume), and Price Trend Analysis. The Market is Segmented by Country (United States, Canada, and Mexico). The Report Offers the Market Size and Forecasts Regarding Volume (Metric Tons) and Value (USD) for all the Above Segments.

In August 2022, the wheat price per ton stood at $409.0 (FOB, US), reducing by -4.5% against the previous month.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Hard Red Winter Wheat (WPU01210101) from Jan 1947 to Aug 2025 about wheat, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Farm Products: Wheat was 147.99300 Index 1982=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Farm Products: Wheat reached a record high of 347.30000 in March of 2008 and a record low of 34.10000 in August of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Farm Products: Wheat - last updated from the United States Federal Reserve on September of 2025.

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).

The Report Includes Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis for the Abovementioned Segments. The Report Offers Market Size in Terms of Value (USD Million) and Volume(Metric Ton)

The Wheat Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, Middle East, and Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

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

View monthly updates and historical trends for US Producer Price Index: Farm Products: Wheat. from United States. Source: Bureau of Labor Statistics. Trac…

In July 2022, the durum wheat price per ton stood at $483, which is down by -11.8% against the previous month.

This statistic shows the ten U.S. states with the highest average price for a bushel of wheat in 2020. According to the report, Arizona had an average price of 6.55 U.S. dollars per bushel of wheat that year.

The United States Wheat Protein Market is segmented by Form (Concentrates, Isolates, Textured/Hydrolyzed) and by End User (Animal Feed, Food and Beverages, Supplements). Market value in USD and market volume in tonnes are presented. Key data points observed include the market volume of end-user segments, per capita consumption, and raw material production.

After two years of growth, the U.S. wheat market decreased by -27.5% to $7.8B in 2024. Over the period under review, consumption showed a pronounced decrease. Wheat consumption peaked at $11.6B in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

View monthly updates and historical trends for US Producer Price Index: Farm Products: Hard Amber Durum Wheat. from United States. Source: Bureau of Labor…

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Wheat Market Size 2025-2029

The wheat market size is valued to increase USD 87.6 billion, at a CAGR of 4.6% from 2024 to 2029. Growing vegan population will drive the wheat market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 49% growth during the forecast period.
By Application - Human segment was valued at USD 250.00 billion in 2023
By Type - Hard red winter segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 41.69 billion
Market Future Opportunities: USD 87.60 billion
CAGR from 2024 to 2029 : 4.6%

Market Summary

The market encompasses the production, processing, and distribution of this essential agricultural commodity. Key technologies and applications, such as genetically modified wheat and biofortified wheat, are driving innovation in the sector. The retail sector is witnessing significant growth, with an increasing number of stores offering organic wheat-based supplements catering to health-conscious consumers. Regulatory frameworks, including the European Union's Common Agricultural Policy, play a crucial role in shaping market dynamics. Climate change and unpredictable weather patterns pose challenges, with the United Nations estimating that 10% of global wheat production is at risk due to extreme weather events.
Despite these challenges, the market continues to evolve, with the growing vegan population presenting a significant opportunity for plant-based food and beverage manufacturers. According to a recent report, the organic market is projected to grow at a steady rate, reaching a 5% market share by 2026.

What will be the Size of the Wheat Market during the forecast period?

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How is the Wheat Market Segmented?

The wheat industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Human
  Feed


Type

  Hard red winter
  Hard red spring
  Soft red winter
  Others


Distribution Channel

  Direct sales (B2B)
  Retail stores
  Online platforms


Geography

  North America

    US


  Europe

    France
    Germany
    Russia
    UK


  APAC

    China
    India
    Indonesia
    Pakistan
    South Korea


  Rest of World (ROW)

By Application Insights

The human segment is estimated to witness significant growth during the forecast period.

Wheat, a vital cereal grain, is a significant source of carbohydrates, primarily in the form of starch, for both human consumption and industrial applications. Beyond its carbohydrate content, wheat offers essential nutrients such as protein, vitamins, soluble fiber, and phytochemicals. Consequently, wheat-based foods are widely consumed in various countries and used in industries to produce refined wheat flour, pasta, noodles, beverages, and more. In the agricultural sector, ongoing research focuses on enhancing wheat production through various methods. For instance, plant biomass accumulation is optimized through efficient nitrogen fixation and phosphorus uptake. Fungal biocontrol agents and bacterial biofertilizers are employed to promote soil health and nutrient cycling.

Precision Farming techniques, such as root system architecture analysis and potassium availability monitoring, contribute to crop yield optimization. Additionally, researchers explore the potential of plant growth regulators, microbial inoculants, humic acid fertilizer, and other sustainable agriculture practices to improve yield and grain quality parameters. Disease resistance mechanisms, photosynthetic efficiency, and abiotic stress mitigation strategies are also crucial areas of research to ensure consistent production and maintain high-quality grains. The market is experiencing dynamic growth, with spike density increasing by 15% in recent years. The industry anticipates further expansion, with a projected 20% rise in demand for wheat-based products due to population growth and changing consumer preferences.

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The Human segment was valued at USD 250.00 billion in 2019 and showed a gradual increase during the forecast period.

Moreover, advancements in technology, such as herbicide tolerance levels and tillering capacity, are driving innovation and improving crop stress tolerance. The ongoing research and development efforts aim to address challenges such as biotic stress management, nutrient use efficiency, and grain filling duration. By focusing on these areas, the industry is working to enhance the harvest index, improve yield, and ensure a sustainable and efficient wheat production process.

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Regional Analysis

APAC is estimated to contribute 49% to the growth of the global mark

The consumer demand shaping the North America wheat market, size at USD 45 billion, supported by production trends, export opportunities, and strategic market segmentation in food and feed industries.

Learn about the projected decrease in demand for wheat in the United States over the next decade and how it will impact market volume and value.

In 2024, the U.S. wheat and meslin flour market decreased by -7.8% to $13.8B, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a pronounced expansion. Over the period under review, the market attained the maximum level at $14.9B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.