Wheat: what is the latest price?

The latest price is 347 USD/mt (World, Sep 2026, monthly data, World Bank).

Wheat: how often is the price updated?

agri.markets checks its sources every day and shows the newest value each of them has published. How often a value changes depends on the source; the period is shown next to the price.

Wheat: where does the price data come from?

From USDA NASS, World Bank, Statistics Canada, FAO GIEWS, Eurostat, EU Agri-food Data Portal, and USDA AMS. Each regional page names its own source.

Wheat: is this a live or futures price?

No. agri.markets shows benchmark and regional prices from public statistical sources, not real-time exchange quotes.

Wheat Price

Name: Wheat Price
Creator: agri.markets
License: https://agri.markets/terms

Latest price

347 USD/mt

World · Sep 2026 · monthly data · World Bank

Benchmark: US No. 2 Hard Red Winter wheat, export price, US Gulf ports

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Notable price events

2007-08 global food price crisis — Drought in major exporting countries, combined with several governments restricting exports to protect domestic supply and growing demand for biofuel crops, pushed wheat, rice and corn to what were then record prices within about a year - triggering food riots in over 30 countries.
Russia's invasion of Ukraine — Russia's February 2022 invasion cut off two of the world's largest wheat and corn exporters and most of its sunflower oil supply almost overnight, while sanctions and blocked Black Sea shipping routes hit Russian fertilizer exports too - sending prices sharply higher within days across all four commodities at once, a rare case of one event moving so many markets simultaneously.
Russia's 2010 drought and grain export ban — Russia's worst drought in decades destroyed about a fifth of its wheat fields. On 5 August 2010 the government announced a ban on grain exports from 15 August, later extended into mid-2011, and US wheat futures jumped almost $1 a bushel to near two-year highs on the news.

Price data table

Recent prices

Period	Price (USD/mt)	Change
Sep 2026	347	+5.2%
Aug 2026	330	+6.5%
Jul 2026	310	+8.4%
Jun 2026	286	-5.6%
May 2026	303	+7.4%
Apr 2026	282	+2.2%
Mar 2026	276	+7.1%
Feb 2026	257.6	+3.1%
Jan 2026	249.9	+2.9%
Dec 2025	242.8	-1.3%
Nov 2025	245.9	+6.5%
Oct 2025	230.8	-1.3%

Annual averages

Year	Average (USD/mt)	Change
2026 (year to date)	293.5	+20.6%
2025	243.35	-9.4%
2024	268.69	-21.1%
2023	340.44	-20.8%
2022	429.97	+36.4%
2021	315.26	+36.1%
2020	231.58	+14.8%
2019	201.68	-3.9%
2018	209.94	+20.5%
2017	174.2	+4.5%

Market situation

Latest US daily cash price (USDA AMS, averaged across reporting states): $6.50/bu on 2026-10-14.

USDA projects US production for 2026/27 at 1,534 million bushels (-22.9% vs. 2025/26).

USDA's WASDE report projects a $6.30/bu season-average price for the 2026/27 marketing year (+25% vs. $5.06/bu estimated for 2025/26).

World stocks-to-use ratio 2026/27: 26.7% (-0.3 percentage points vs. 2025/26, USDA) - about the same cushion as last season. What this means

Latest World price (2026-09): +9% vs. the 5-year average, +30% vs. the 10-year average, +48% vs. a year ago.

Right now, 1 t of wheat buys about 0.85 t of urea — World benchmark prices, 2026-09.

Wheat Prices by Region

United States (23)

Canada (8)

European Union (93)

France

Sweden

Södra Sverige

India (15)

Africa, Asia and Latin America (23)

Argentina

Bangladesh

Brazil

About Wheat

One of the most widely grown cereal grains, used mainly for bread, pasta and other flour-based foods, and as animal feed. The EU, China, India, Russia and the US are the largest producers; Russia and Ukraine together account for a large share of global exports, which is why the war in Ukraine caused sharp price spikes from 2022 onward - echoing the 2007-08 food price crisis, when drought in major exporting countries and several governments' export restrictions pushed wheat to what was then a record price. Not all wheat is interchangeable: hard varieties with more protein go into bread flour, soft varieties into cakes and pastries, and the futures markets trade several classes separately for exactly this reason. Prices are driven mainly by harvest weather in major growing regions, export policy, and demand for animal feed.

Top Wheat Producers

Rank	Country
1	China	140,100,000 t	5.9 t/ha
2	India	113,292,368 t	3.6 t/ha
3	Russia	82,588,000 t	3.1 t/ha
4	United States	53,650,020 t	3.4 t/ha
5	Canada	35,938,839 t	3.4 t/ha
6	Australia	34,110,000 t	2.6 t/ha
7	Pakistan	31,814,444 t	3.3 t/ha
8	France	26,606,940 t	6.0 t/ha
9	Ukraine	22,441,110 t	4.6 t/ha
10	Türkiye	20,800,000 t	3.0 t/ha
11	Kazakhstan	18,576,694 t	1.4 t/ha
12	Germany	18,526,700 t	7.1 t/ha
13	Argentina	18,510,280 t	2.9 t/ha
14	Iran	16,750,000 t	2.6 t/ha
15	Poland	12,183,620 t	5.1 t/ha
16	United Kingdom	11,146,000 t	7.3 t/ha
17	Egypt	9,400,000 t	6.8 t/ha
18	Romania	9,290,880 t	4.1 t/ha
19	Brazil	7,633,178 t	2.6 t/ha
20	Spain	7,147,930 t	3.7 t/ha
21	Bulgaria	7,085,140 t	5.9 t/ha
22	Uzbekistan	6,729,357 t	5.4 t/ha
23	Italy	6,213,210 t	3.7 t/ha
24	Ethiopia	6,185,341 t	2.9 t/ha
25	Hungary	5,272,960 t	5.7 t/ha
26	Iraq	5,234,171 t	2.6 t/ha
27	Afghanistan	5,200,000 t	2.3 t/ha
28	Czechia	4,625,370 t	6.0 t/ha
29	Lithuania	4,219,300 t	5.0 t/ha
30	Denmark	3,348,010 t	7.0 t/ha
31	Algeria	3,000,000 t	1.7 t/ha
32	Sweden	2,930,600 t	6.2 t/ha
33	Serbia	2,900,536 t	5.3 t/ha
34	Belarus	2,750,000 t	3.8 t/ha
35	Mexico	2,648,378 t	5.7 t/ha
36	Latvia	2,465,900 t	4.6 t/ha
37	Morocco	2,441,670 t	1.4 t/ha
38	Syria	2,431,225 t	1.9 t/ha
39	Nepal	2,035,559 t	3.0 t/ha
40	South Africa	1,924,890 t	3.8 t/ha
41	Slovakia	1,907,940 t	5.4 t/ha
42	Azerbaijan	1,901,046 t	3.3 t/ha
43	Austria	1,576,010 t	5.7 t/ha
44	Turkmenistan	1,330,000 t	1.6 t/ha
45	Uruguay	1,295,415 t	4.3 t/ha
46	Greece	1,209,310 t	3.2 t/ha
47	Moldova	1,194,779 t	3.2 t/ha
48	Chile	1,188,785 t	6.0 t/ha
49	Bangladesh	1,172,242 t	3.8 t/ha
50	Tunisia	1,150,000 t	2.1 t/ha
51	Belgium	1,090,040 t	6.6 t/ha
52	Japan	1,029,000 t	4.4 t/ha
53	Tajikistan	880,734 t	3.3 t/ha
54	Croatia	828,200 t	5.9 t/ha
55	Saudi Arabia	820,393 t	6.4 t/ha
56	Paraguay	767,700 t	1.7 t/ha
57	Finland	759,380 t	3.5 t/ha
58	Estonia	744,750 t	4.3 t/ha
59	Netherlands	668,170 t	7.0 t/ha
60	Kyrgyzstan	664,830 t	2.8 t/ha
61	Zimbabwe	540,000 t	4.9 t/ha
62	Sudan	490,320 t	3.1 t/ha
63	New Zealand	464,602 t	10.0 t/ha
64	Mongolia	397,258 t	1.3 t/ha
65	Ireland	388,510 t	8.1 t/ha
66	Kenya	312,200 t	3.0 t/ha
67	Switzerland	311,807 t	3.7 t/ha
68	Bolivia	292,710 t	1.4 t/ha
69	Bosnia & Herzegovina	279,273 t	4.7 t/ha
70	Norway	230,000 t	3.9 t/ha
71	North Macedonia	229,309 t	3.4 t/ha
72	Peru	203,522 t	1.8 t/ha
73	Zambia	198,886 t	7.1 t/ha
74	Albania	180,812 t	3.9 t/ha
75	Slovenia	153,390 t	5.5 t/ha
76	Georgia	149,100 t	2.9 t/ha
77	Armenia	120,277 t	2.1 t/ha
78	Tanzania	119,000 t	1.4 t/ha
79	Yemen	98,000 t	1.5 t/ha
80	Lebanon	94,000 t	3.0 t/ha
81	Israel	90,350 t	1.7 t/ha
82	North Korea	90,073 t	1.2 t/ha
83	Libya	90,000 t	0.8 t/ha
84	Portugal	81,350 t	3.4 t/ha
85	Myanmar (Burma)	80,000 t	1.5 t/ha
86	Luxembourg	65,860 t	5.2 t/ha
87	Nigeria	43,927 t	1.6 t/ha
88	Mali	40,788 t	3.0 t/ha
89	South Korea	37,376 t	3.9 t/ha
90	Angola	37,301 t	1.7 t/ha
91	Jordan	34,429 t	2.2 t/ha
92	Eritrea	25,000 t	1.0 t/ha
93	Uganda	25,000 t	1.7 t/ha
94	Cyprus	21,050 t	1.7 t/ha
95	Namibia	18,328 t	7.1 t/ha
96	Rwanda	16,417 t	1.3 t/ha
97	Oman	11,740 t	3.1 t/ha
98	Congo - Kinshasa	9,000 t	1.1 t/ha
99	Burundi	8,365 t	0.7 t/ha
100	Ecuador	7,323 t	2.4 t/ha
101	Niger	6,803 t	3.1 t/ha
102	Taiwan	5,000 t	2.5 t/ha
103	Mozambique	5,000 t	0.3 t/ha
104	Colombia	4,636 t	3.1 t/ha
105	Lesotho	4,183 t	0.7 t/ha
106	Mauritania	2,051 t	2.2 t/ha
107	Montenegro	1,870 t	2.8 t/ha
108	Chad	1,353 t	1.6 t/ha
109	Botswana	1,328 t	1.1 t/ha
110	Thailand	1,320 t	1.0 t/ha
111	Honduras	1,281 t	0.5 t/ha
112	Somalia	1,063 t	0.4 t/ha
113	Venezuela	1,015 t	3.1 t/ha
114	Madagascar	1,000 t	2.4 t/ha
115	Bhutan	838 t	1.1 t/ha
116	Guatemala	762 t	2.8 t/ha
117	Eswatini	722 t	1.9 t/ha
118	Cameroon	616 t	1.3 t/ha
119	Malawi	321 t	0.5 t/ha
120	Kuwait	55 t	4.8 t/ha
121	New Caledonia	29 t	0.7 t/ha
122	Qatar	21 t	2.4 t/ha

FAOSTAT production data, 2024. World average yield: 3.6 t/ha.

Top Wheat Importers

Rank	Country
1	Egypt	13,095,852 t
2	Indonesia	12,145,354 t
3	China	11,007,651 t
4	Italy	9,407,912 t
5	Spain	7,861,109 t
6	Algeria	6,922,844 t
7	Philippines	6,763,725 t
8	Brazil	6,647,606 t
9	Germany	6,095,918 t
10	Türkiye	5,677,626 t
11	Japan	5,214,365 t
12	Morocco	5,147,851 t
13	Nigeria	4,967,585 t
14	Uzbekistan	4,922,040 t
15	Vietnam	4,916,718 t
16	South Korea	4,594,080 t
17	Netherlands	4,583,669 t
18	Mexico	4,277,847 t
19	Thailand	4,027,601 t
20	Belgium	3,820,385 t
21	Saudi Arabia	3,377,206 t
22	United Kingdom	3,083,826 t
23	Bangladesh	2,899,635 t
24	United States	2,428,709 t
25	Kenya	2,315,035 t
26	Yemen	2,195,226 t
27	Pakistan	2,169,334 t
28	Peru	2,125,741 t
29	South Africa	2,037,418 t
30	Colombia	1,923,959 t
31	Israel	1,849,762 t
32	Malaysia	1,687,830 t
33	Ecuador	1,669,387 t
34	Kazakhstan	1,653,774 t
35	United Arab Emirates	1,500,000 t
36	Taiwan	1,495,861 t
37	Tunisia	1,397,091 t
38	Tanzania	1,344,974 t
39	Portugal	1,308,217 t
40	Azerbaijan	1,292,031 t
41	Austria	1,172,637 t
42	Tajikistan	1,141,731 t
43	Greece	1,127,447 t
44	Cameroon	1,038,648 t
45	Sri Lanka	1,010,624 t
46	Romania	979,549 t
47	Chile	979,211 t
48	Mauritania	914,109 t
49	Senegal	904,947 t
50	Oman	897,798 t
51	Iraq	873,217 t
52	Venezuela	836,791 t
53	Uganda	777,632 t
54	Dominican Republic	759,525 t
55	Côte d’Ivoire	723,282 t
56	Guatemala	720,967 t
57	Mozambique	683,329 t
58	Latvia	602,390 t
59	New Zealand	591,450 t
60	Ghana	584,733 t
61	Poland	570,608 t
62	Ireland	564,298 t
63	Jordan	557,678 t
64	Kuwait	498,262 t
65	Lebanon	496,117 t
66	Angola	455,214 t
67	Norway	447,305 t
68	Slovenia	444,708 t
69	Congo - Kinshasa	443,170 t
70	Guinea	414,869 t
71	Switzerland	406,344 t
72	Georgia	326,505 t
73	Myanmar (Burma)	318,194 t
74	Armenia	316,010 t
75	Burkina Faso	315,118 t
76	Zimbabwe	311,800 t
77	Costa Rica	292,672 t
78	Haiti	289,769 t
79	Mali	285,396 t
80	Papua New Guinea	279,501 t
81	Bosnia & Herzegovina	274,697 t
82	Afghanistan	274,399 t
83	Denmark	273,675 t
84	Honduras	271,924 t
85	El Salvador	262,011 t
86	Kyrgyzstan	251,448 t
87	Congo - Brazzaville	216,509 t
88	Cuba	204,596 t
89	Fiji	204,433 t
90	Albania	200,098 t
91	Singapore	189,419 t
92	France	189,051 t
93	Libya	183,687 t
94	Jamaica	177,470 t
95	Zambia	172,118 t
96	Benin	163,502 t
97	Togo	157,375 t
98	Panama	153,419 t
99	Hungary	153,161 t
100	Namibia	153,019 t
101	Luxembourg	152,271 t
102	Mauritius	150,103 t
103	Malawi	136,948 t
104	Madagascar	136,542 t
105	Bahrain	135,722 t
106	Sweden	130,856 t
107	Belarus	130,000 t
108	Croatia	129,561 t
109	Botswana	128,619 t
110	Czechia	123,031 t
111	India	116,428 t
112	Gabon	106,062 t
113	Gambia	103,832 t
114	Qatar	103,211 t
115	Djibouti	101,606 t
116	Rwanda	100,000 t
117	Bulgaria	99,961 t
118	Trinidad & Tobago	96,910 t
119	Sudan	93,730 t
120	Canada	90,264 t
121	Mongolia	87,932 t
122	Nepal	75,162 t
123	Eswatini	66,186 t
124	Burundi	65,467 t
125	Lesotho	63,920 t
126	North Macedonia	63,839 t
127	Guyana	50,731 t
128	Syria	49,722 t
129	Malta	49,624 t
130	Iceland	47,169 t
131	Lithuania	47,059 t
132	Cyprus	43,095 t
133	Turkmenistan	42,354 t
134	Cambodia	41,871 t
135	Liberia	41,264 t
136	Eritrea	40,000 t
137	Slovakia	39,351 t
138	Iran	34,389 t
139	Chad	30,000 t
140	South Sudan	28,230 t
141	Bolivia	25,205 t
142	New Caledonia	25,042 t
143	Suriname	22,000 t
144	St. Vincent & Grenadines	21,817 t
145	Cape Verde	19,691 t
146	Estonia	19,306 t
147	Russia	17,719 t
148	Grenada	17,412 t
149	Solomon Islands	16,395 t
150	Ethiopia	15,102 t
151	Barbados	14,560 t
152	Faroe Islands	14,261 t
153	Belize	13,000 t
154	Montenegro	12,551 t
155	St. Lucia	8,750 t
156	Finland	4,938 t
157	Somalia	4,586 t
158	Hong Kong SAR China	3,324 t
159	Serbia	2,484 t
160	Uruguay	2,004 t
161	Bhutan	1,451 t
162	Ukraine	1,253 t
163	Moldova	1,211 t
164	Bahamas	223 t
165	Seychelles	110 t
166	Central African Republic	80 t
167	St. Kitts & Nevis	44 t
168	Australia	36 t
169	Paraguay	29 t
170	French Polynesia	12 t
171	Argentina	10 t
172	Niger	6 t
173	Brunei	5 t
174	Maldives	4 t
175	Samoa	2 t
176	Sierra Leone	1 t

FAOSTAT trade data, 2024.

Top Wheat Exporters

Rank	Country
1	Russia	32,685,820 t
2	Canada	25,549,815 t
3	United States	21,803,349 t
4	Ukraine	20,664,820 t
5	Australia	19,678,652 t
6	France	15,065,615 t
7	Romania	7,458,727 t
8	Germany	7,018,941 t
9	Argentina	6,681,031 t
10	Kazakhstan	5,906,689 t
11	Poland	5,043,110 t
12	Bulgaria	4,979,214 t
13	Lithuania	3,595,656 t
14	Hungary	3,571,271 t
15	Czechia	3,163,717 t
16	Brazil	2,832,373 t
17	Latvia	2,625,650 t
18	Türkiye	1,685,507 t
19	Uruguay	1,556,513 t
20	Slovakia	1,531,234 t
21	Serbia	1,239,465 t
22	Moldova	980,183 t
23	Austria	818,906 t
24	Greece	776,616 t
25	United Arab Emirates	703,684 t
26	Paraguay	545,962 t
27	Estonia	543,080 t
28	Croatia	499,747 t
29	South Africa	498,158 t
30	Spain	440,005 t
31	Denmark	427,384 t
32	Slovenia	394,103 t
33	Sweden	323,943 t
34	Belgium	236,308 t
35	Netherlands	187,125 t
36	United Kingdom	165,552 t
37	Italy	139,756 t
38	Oman	118,634 t
39	India	72,049 t
40	Finland	56,385 t
41	Ireland	45,705 t
42	Malta	44,703 t
43	Syria	43,367 t
44	Mexico	34,376 t
45	Nauru	32,000 t
46	North Macedonia	28,103 t
47	Bosnia & Herzegovina	23,902 t
48	Lebanon	23,773 t
49	Uzbekistan	23,362 t
50	Luxembourg	22,355 t
51	Portugal	15,692 t
52	Kenya	13,477 t
53	Sri Lanka	10,161 t
54	Senegal	7,300 t
55	French Polynesia	5,000 t
56	Switzerland	4,672 t
57	Vietnam	4,031 t
58	China	3,700 t
59	Mozambique	2,782 t
60	El Salvador	2,760 t
61	Afghanistan	2,718 t
62	Malaysia	2,371 t
63	Côte d’Ivoire	2,000 t
64	Honduras	2,000 t
65	Zambia	1,474 t
66	Egypt	1,313 t
67	Botswana	1,245 t
68	Guatemala	1,100 t
69	Burkina Faso	1,094 t
70	Togo	870 t
71	Saudi Arabia	584 t
72	Israel	520 t
73	Iraq	450 t
74	Kyrgyzstan	396 t
75	Tanzania	276 t
76	Dominican Republic	178 t
77	Mali	175 t
78	New Zealand	146 t
79	Lesotho	140 t
80	Peru	135 t
81	Morocco	92 t
82	Cameroon	80 t
83	Nigeria	78 t
84	Montenegro	77 t
85	Cyprus	76 t
86	Belarus	71 t
87	Namibia	68 t
88	Zimbabwe	64 t
89	Norway	64 t
90	Gambia	40 t
91	Laos	34 t
92	Algeria	30 t
93	Singapore	29 t
94	Taiwan	26 t
95	Thailand	14 t
96	Chile	14 t
97	Palestinian Territories	14 t
98	Jordan	13 t
99	Uganda	10 t
100	Iran	5 t
101	Iceland	5 t
102	Ghana	3 t
103	Angola	3 t
104	Bangladesh	1 t
105	Colombia	1 t
106	Rwanda	1 t

FAOSTAT trade data, 2024.

Frequently Asked Questions

Wheat: what is the latest price?: The latest price is 347 USD/mt (World, Sep 2026, monthly data, World Bank).
Wheat: how often is the price updated?: agri.markets checks its sources every day and shows the newest value each of them has published. How often a value changes depends on the source; the period is shown next to the price.
Wheat: where does the price data come from?: From USDA NASS, World Bank, Statistics Canada, FAO GIEWS, Eurostat, EU Agri-food Data Portal, and USDA AMS. Each regional page names its own source.
Wheat: is this a live or futures price?: No. agri.markets shows benchmark and regional prices from public statistical sources, not real-time exchange quotes.

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