Wheat Price
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. Prices are driven mainly by harvest weather in major growing regions, export policy, and demand for animal feed.
Latest US daily cash price (USDA AMS, averaged across reporting states): $6.55/bu on 2026-07-15.
Latest World price (2025-12): -24% vs. the 5-year average, -6% vs. the 10-year average, -4% vs. a year ago.
Right now, 1 t of wheat buys about 0.62 t of urea — World benchmark prices, 2025-12.
Price Chart
"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). EU country options are Eurostat producer prices (annual); Canadian province options are Statistics Canada producer prices (monthly); US state options are USDA AMS daily cash grain bids (individual elevators/trade locations averaged per state per day), "United States" alone is USDA NASS's monthly national figure. "EU-27 (average)", "Canada (average)" and "US daily average" are simple, unweighted means across whichever member states/provinces/US states reported a price that period, computed by agri.markets — none of these sources publishes an official aggregate for this data, so these are not production-weighted figures. Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting. "Bushel" uses the USDA/CBOT standard test weight for wheat (27.22 kg) — bushels are a fixed weight that differs per grain, not a fixed volume.