London Wheat Futures - Jul 22 (LWBc1)

336.50
0.00(0.00%)
  • Prev. Close:
    336.5
  • Bid/Ask:
    325.00/340.00
  • Day's Range:
    336.50 - 336.50
  • Type:Commodity
  • Group:Agriculture
  • Unit:1 Tonne

London Wheat Futures Overview

Prev. Close
336.5
Month
Jul 22
Tick Size
0.05
Open
336.5
Contract Size
100 Tonnes
Tick Value
5
Day's Range
336.5-336.5
Settlement Type
Physical
Base Symbol
T
52 wk Range
164-361
Settlement Day
07/07/2022
Point Value
1 = £100
1-Year Change
67%
Last Rollover Day
23/10/2016
Months
FHKNX
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London Wheat Futures News

London Wheat Futures Analysis

Technical Summary

Type
5 Min
15 Min
Hourly
Daily
Monthly
Moving AveragesNeutralBuyBuyNeutralStrong Buy
Technical IndicatorsSellSellBuySellStrong Buy
SummaryNeutralNeutralBuyNeutralStrong Buy
  • Turns out my "chat" was correct, as I happen to know the market well. Fertilser is now over £1,000 (if you can get it). Now a war in one of the biggest wheat producing areas, plus no ammonium nitrate imports from Russia will mean high wheat prices for some time. Even futures contracts for April '23 is £300/t. No manipulation, fact!
    0
    • This chart is pure manipulation..
      0
      • 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