Wheat Futures – CBOT

Wheat price for the CBOT benchmark contract, traded on the Chicago Board of Trade.

Wheat futures traded on the Chicago Board of Trade (CBOT) are a leading global benchmark for wheat prices, widely used as a reference by producers, millers and commodity traders.

Current value
USD / bushel
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Last updated
Ticker
ZW=F
Exchange
CBOT
Currency
USD
Unit
USD / bushel

Price history

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Historical performance

Period Performance
Today
1 month
1 year
5 years

Calculated live from Yahoo Finance closing prices (unofficial public proxy) — may be temporarily unavailable or delayed.

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Key facts

Quotation unitCents per bushel (5,000-bushel contract)
Main exportersRussia, United States, European Union
Geopolitical sensitivityBlack Sea tensions (Russia, Ukraine)
End usesHuman food (flour, bread), animal feed
Reports trackedMonthly USDA WASDE reports on stocks and yields
MarketTraded continuously on the CBOT (CME Group, Chicago)
Standard contract: 5,000 bushels (about 136 metric tons) Russia, the United States and the European Union are among the world's top exporters The Black Sea export corridor concentrates a significant share of global wheat trade

What is the price of wheat?

The price quoted here corresponds to the futures contract traded on the CBOT in Chicago, expressed in cents per bushel. It is the most widely followed global benchmark for this grain.

How do I invest in wheat?

Individual investors most often gain exposure through an ETF or ETC tracking its price, through CFDs or futures for experienced traders (leveraged, higher-risk products), or indirectly by buying shares of agribusiness companies.

Why is the price of wheat sensitive to geopolitical tensions?

Russia, Ukraine and the other Black Sea countries are among the world's largest wheat exporters, shipping through ports and sea corridors exposed to regional tensions. Any disruption to these export flows can significantly move global prices.

Price and chart data fetched live from Yahoo Finance via an unofficial public proxy: it may be delayed, temporarily unavailable or inaccurate. Nothing on this page constitutes investment advice.