Wheat prices & market intelligence
Stay informed on wheat prices, supply and demand across all major exporters, classes and grades with Expana’s in-depth market insights. Our experts tell you the current state of the market, what is likely to happen in the future and how to reduce your Cost of Goods Sold (COGS) through actionable and accurate wheat data.
Expana —the IOSCO assured global leader in wheat commodity prices and global market intelligence
With 790 million mt of wheat produced each year, it is a fundamental crop that drives global food chains. Supply is impacted by weather conditions, logistics, and more recently, trade policy and conflicts.
To help you understand these factors, our wheat coverage includes:
- 560 industry-leading wheat price series, including 57 Expana Benchmark Prices covering export prices from all major wheat producers and protein levels
- IOSCO assured wheat prices, with all series following IOSCO methodology
- 45 wheat price forecasts
- in-depth monthly reports via Strategie Grains, an Expana subsidiary
- historical pricing, trends, charting tools, and cost modelling
- competing and complimentary product tracking, including feed additives and bakery ingredients
Trusted by industry leaders for reliable market insight
Our wheat forecasting methodology
Expana’s wheat price forecasts are grounded in a comprehensive analysis of commodities’ market dynamics. Our robust methodology integrates macro-economic, fundamental, and technical analyses, providing solid recommendations and driving effective decision-making in the wheat commodity market.
- The fundamental analysis offers an overview of the current wheat supply-and-demand balance, including impacts of weather, logistics and trade policies
- Technical analysis employs indicators such as moving averages, MACD and RSI to anticipate changes in price movements
- Finally, the macro-economic analysis explores global manufacturing sector developments, and their impact on commodity prices, presenting key indicators such as GDP, unemployment, inflation, and interest rates for major regions
The breadth and depth of Expana’s analysis ensure that our wheat price forecasts are accurate, reliable, and actionable. This comprehensive approach equips businesses with the knowledge and foresight needed to navigate the market confidently, seize opportunities, and mitigate risks.
Trusted data and insights, backed by experts
At Expana, you can rest assured that the world’s foremost market analysts have rigorously verified the data to ensure accuracy and integrity.
Our methodology
Expana is an IOSCO-assured Price Reporting Agency, ensuring the data you benchmark against is the best of its kind.
Use cases
Efficiency
Save time and improve productivity with our actionable insights.
Cost control
Navigate market challenges and maximize long-term success.
Profitability
Utilize our data, market fundamentals, and forecasting expertise to gain a financial edge.
Risk mitigation
Manage risks proactively and minimize your exposure to price fluctuations.
Essential intelligence for industry professionals
Expana delivers essential intelligence to industry professionals across wheat supply chains, ensuring business leaders stay informed about the latest prices and industry trends, enabling them to effectively navigate disruptions, manage prices, and deliver value to their customers.
Wheat Market FAQs
Wheat prices are affected by:
- Weather events (drought, floods, frost)
- Global supply and demand
- Crop diseases and pests
- Government policies and trade restrictions
- Currency fluctuations
- Energy and transportation costs
As an agricultural product, wheat prices are sensitive to unpredictable factors like weather, geopolitics, supply disruptions, and sudden changes in demand.
In most international markets, wheat prices are quoted per metric ton or per bushel – commonly in US dollars.
Major types include:
- Hard Red Winter (HRW) Wheat
- Soft Red Winter (SRW) Wheat
- Hard Red Spring (HRS) Wheat
- Durum Wheat
- Soft White Wheat