Wheat Price History
- Monthly average, not real-time
- Source: World Bank Commodity Price Data (The Pink Sheet) — World Bank monthly average, US soft red winter
- World Bank file updated: Oct 2, 2026
- Last updated on this site: Oct 4, 2026, 12:18 PM CEST
Chart shows monthly averages.
Statistics
- All-time high
- $446.70
- Mar 2022
- All-time low
- $85.30
- Jul 1999
- 52-week high
- $278.60
- Sep 2026
- 52-week low
- $209.30
- Oct 2025
- History since
- Jan 1979
Based on monthly averages in USD per tonne; daily highs and lows are not available from this source.
Price change over time
| Period | From | To | Change | Per year |
|---|---|---|---|---|
| 1Y | $207.00 Sep 2025 | $278.60 Sep 2026 | +34.59% | — |
| 5Y | $263.60 Sep 2021 | $278.60 Sep 2026 | +5.69% | +1.11% |
| 10Y | $157.60 Sep 2016 | $278.60 Sep 2026 | +76.78% | +5.86% |
| 20Y | $166.90 Sep 2006 | $278.60 Sep 2026 | +66.93% | +2.59% |
| Since Jan 1979 | $140.40 Jan 1979 | $278.60 Sep 2026 | +98.43% | +1.45% |
Each change is measured from the last observation on or before the same calendar date 1, 5, 10 or 20 years earlier. "Per year" is the compound annual growth rate. Periods longer than the available history are left out.
Decade by decade
| Decade | Start | End | Change |
|---|---|---|---|
| 1970s | $140.40 | $173.10 | +23.29% |
| 1980s | $173.10 | $166.50 | -3.81% |
| 1990s | $166.50 | $92.10 | -44.68% |
| 2000s | $92.10 | $206.50 | +124.21% |
| 2010s | $206.50 | $237.70 | +15.11% |
| 2020s (partial) | $237.70 | $278.60 | +17.21% |
Start = last value of the previous decade (or the first available value). Partial decades are marked.
Annual price history
| Year | Average | Last | Year change |
|---|---|---|---|
| 2026 (partial) | $248.99 | $278.60 | +24.82% |
| 2025 | $219.62 | $223.20 | -3.08% |
| 2024 | $230.88 | $230.30 | -9.69% |
| 2023 | $270.43 | $255.00 | -38.57% |
| 2022 | $386.07 | $415.10 | +26.63% |
| 2021 | $280.04 | $327.80 | +30.49% |
| 2020 | $227.73 | $251.20 | +5.68% |
| 2019 | $211.27 | $237.70 | +9.14% |
| 2018 | $203.88 | $217.80 | +26.26% |
| 2017 | $178.19 | $172.50 | +7.01% |
| 2016 | $176.32 | $161.20 | -16.04% |
| 2015 | $206.38 | $192.00 | -26.66% |
| 2014 | $245.20 | $261.80 | -1.95% |
| 2013 | $276.73 | $267.00 | -17.90% |
| 2012 | $295.37 | $325.20 | +32.90% |
| 2011 | $285.91 | $244.70 | -20.71% |
| 2010 | $229.67 | $308.60 | +49.44% |
| 2009 | $185.96 | $206.50 | +15.17% |
| 2008 | $271.51 | $179.30 | -48.07% |
| 2007 | $238.59 | $345.30 | +81.93% |
| 2006 | $158.97 | $189.80 | +37.94% |
| 2005 | $135.73 | $137.60 | -1.36% |
| 2004 | $144.43 | $139.50 | -12.15% |
| 2003 | $138.59 | $158.80 | +8.62% |
| 2002 | $129.95 | $146.20 | +23.69% |
| 2001 | $107.73 | $118.20 | +12.57% |
| 2000 | $98.93 | $105.00 | +14.01% |
| 1999 | $96.29 | $92.10 | -11.53% |
| 1998 | $111.52 | $104.10 | -23.29% |
| 1997 | $143.65 | $135.70 | -14.44% |
| 1996 | $187.42 | $158.60 | -22.75% |
| 1995 | $167.37 | $205.30 | +30.51% |
| 1994 | $138.57 | $157.30 | +11.96% |
| 1993 | $134.78 | $140.50 | -3.96% |
| 1992 | $145.14 | $146.30 | -7.29% |
| 1991 | $126.13 | $157.80 | +45.57% |
| 1990 | $129.11 | $108.40 | -34.89% |
| 1989 | $161.28 | $166.50 | -1.42% |
| 1988 | $140.73 | $168.90 | +35.23% |
| 1987 | $112.10 | $124.90 | +7.95% |
| 1986 | $118.40 | $115.70 | -15.30% |
| 1985 | $128.68 | $136.60 | -3.39% |
| 1984 | $140.24 | $141.40 | -0.21% |
| 1983 | $137.31 | $141.70 | +10.79% |
| 1982 | $132.56 | $127.90 | -16.41% |
| 1981 | $154.59 | $153.00 | -13.61% |
| 1980 | $168.30 | $177.10 | +2.31% |
| 1979 | $156.32 | $173.10 | — |
About this price
Wheat is one of the world's most traded food crops. This page uses the World Bank series for US No. 2 soft red winter (SRW) wheat, export price delivered at the US Gulf port.
Data notes
World Bank monthly averages per metric tonne. Bushel values are derived using the USDA standard weight of 60 lb per bushel. The World Bank corrected the US SRW series for 2023 and 2024 in March 2026.
Source: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Licence per World Bank Data Catalog (dataset 0038238): Creative Commons Attribution 4.0.