Last Updated on 11 September, 2023 by Samuelsson
1. Wheat futures are most active during the spring and summer months when the wheat harvest is in full swing.
2. Wheat prices tend to reach their peak between February and June, as this is when the new crop is harvested and supplies are more abundant.
3. The highest prices for wheat futures are typically seen in the months of May and June, as farmers prepare for the harvest and suppliers look to secure their supplies for the upcoming season.
4. Late summer and early fall are usually when wheat prices reach their lowest levels, as the harvest is complete and supplies are plentiful.
5. Prices tend to increase again in the late fall and winter months, as farmers prepare for the next year’s crop and start to look for buyers.
6. Weather is a major factor in wheat prices, as any unexpected changes can cause prices to fluctuate dramatically.
7. International demand is another key factor that can influence wheat futures prices, as foreign buyers can drive up prices if they are looking to purchase large amounts of wheat.