London Wheat Futures - (LWB)

ICE
227.50
-0.05(-0.02%)
  • Prev. Close:
    227.55
  • Bid/Ask:
    106.80/107.70
  • Day's Range:
    227.50 - 227.50
  • Type:Commodity
  • Group:Agriculture
  • Unit:1 Tonne

London Wheat Futures Overview

Prev. Close
227.55
Month
-
Tick Size
0.05
Open
227.5
Contract Size
100 Tonnes
Tick Value
5
Day's Range
227.5-227.5
Settlement Type
Physical
Base Symbol
T
52 wk Range
0-0
Settlement Day
23/03/2017
Point Value
1 = £100
1-Year Change
21.52%
Last Rollover Day
23/10/2016
Months
FHKNX
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Type
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SummaryBuyStrong BuyStrong Buy
  • With fertilser prices being double and in some cases triple, Wheat prices will be high for quite a while. Many active ingredients in everyday agrochemicala are not being produced so the impacts of crop yields will also be with us indefinitely. Expect high wheat values for a long time. 200+ as normal.
    1
    • i expect retracement 150 area over time
      0
      • How low do world wheat stocks need to go to show price correction, is it going to keep on climbing?
        0
        • More to do with how valuable it will become in store (and current growing crop) if continued dryness in South America and the Black Sea regions. Also how much currency devaluation will play out.
          0
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