Understanding US SRW wheat prices
Raw materials and production
Wheat is a cereal crop milled into flour and other ingredients. Wheat classes differ in protein and processing characteristics. Soft red winter and hard red winter wheat serve different milling requirements and are not identical quality references.
Applications and consumption
Bread, noodles, biscuits and other foods consume wheat products, while lower grades may enter animal feed. Protein strength and milling performance affect the suitability for each product. Bakers and millers therefore pay attention to grade as well as quantity.
What affects US SRW wheat prices?
Weather, crop quality, harvest volumes, export flows and grain inventories influence wheat prices. Fertiliser and transport costs can affect production or delivery. Comparing prices requires matching the wheat class, quality, market location and physical or futures contract terms.
How to read US SRW wheat price today
This page follows US SRW wheat in US SRW wheat. The price type is Monthly average, with values expressed in USD/tonne. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.
This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
Further reading: FAO — commodity markets and trade ↗
Frequently asked questions about US SRW wheat
What is US SRW wheat price today?
The latest available value is 278.60 USD/tonne, for September 2026. It represents Monthly average. Check the displayed period and market before treating it as a quotation for a purchase today. This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
What affects US SRW wheat prices?
Weather, crop quality, harvest volumes, export flows and grain inventories influence wheat prices. Fertiliser and transport costs can affect production or delivery. Comparing prices requires matching the wheat class, quality, market location and physical or futures contract terms.
What is US SRW wheat used for in everyday life and industry?
Bread, noodles, biscuits and other foods consume wheat products, while lower grades may enter animal feed. Protein strength and milling performance affect the suitability for each product. Bakers and millers therefore pay attention to grade as well as quantity.
Why can local US SRW wheat prices differ from this chart?
Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.
Where can I compare historical US SRW wheat prices?
Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.