World wheat price today

The price of Wheat today, September 07, 2026, is currently trading at 733.00 UScents/bu, equivalent to approximately 7,023,003 VND/ton. According to market data, this price records a slight upward trend of +0.034% compared to the previous trading session on September 06, 2026 (732.75 UScents/bu). This is important information for agricultural import businesses in Vietnam in determining input raw material costs.

Over the past 30 days, the global wheat market has witnessed strong volatility with a price range fluctuating from 0.00 to 783.50 UScents/bu. The average price in September currently stands at 643.79 UScents/bu (approximately 6,168,266 VND/ton), showing a sharp increase compared to the previous month's average of only 274.33 UScents/bu.

In terms of short-term developments, although today's wheat price has seen a slight improvement, it remains lower than the peak of 782.00 UScents/bu recorded on September 01, 2026. Specific figures in recent days include:

• September 07, 2026: 733.00 UScents/bu
• September 06, 2026: 732.75 UScents/bu
• September 04, 2026: 732.75 UScents/bu
• September 03, 2026: 751.75 UScents/bu
• September 02, 2026: 774.25 UScents/bu

The stability of wheat prices around the 733.00 UScents/bu mark in the last two sessions is a noteworthy signal for agricultural commodity market analysts in Vietnam.

On the international market, Wheat is traded in bu units and quoted in UScents.

Wheat belongs to the Agricultural products commodity group. This is one of the most commonly traded commodity groups on global commodity exchanges.

Wheat prices are influenced by many complex factors, primarily revolving around global supply and demand dynamics. Regarding supply, production from major exporting countries such as Russia, Ukraine, the US, Canada, the European Union, and Australia plays a pivotal role. Any changes in planting area, yield, or inventories in these regions, often due to production costs (fertilizer, energy) or other factors, have a strong impact. Regarding demand, the demand for food consumption, animal feed, and ethanol production, especially from major importing countries like China, Egypt, and Indonesia, will determine the direction of prices.

Extreme weather factors in key wheat-producing regions are the biggest risk, including droughts, floods, frost, or intense heat, which can significantly reduce yields. Additionally, government policies, especially export restrictions, tariffs, subsidies, or strategic reserve policies of major countries, can distort global trade flows. Geopolitical events such as conflicts (e.g., Russia-Ukraine) or trade tensions also directly affect supply, supply chains, and transportation costs, causing major price volatility.

Furthermore, transportation and energy costs, especially crude oil prices, directly impact logistics costs and production costs. Exchange rates, particularly the strength of the US Dollar (USD) – the currency in which wheat is priced – also affect the purchasing power of importing countries. Finally, market sentiment and speculation by large funds can amplify or mitigate price fluctuations in the short term based on news and future expectations.

Wheat prices in the coming period are expected to continue being influenced by a combination of fundamental and technical factors, with a trend of wide-range fluctuations but potentially leaning towards slight downward pressure in the short term.

Regarding fundamental factors, global supply is showing signs of improvement thanks to good crop prospects in key regions such as Russia and Australia. However, risks of extreme weather (drought in the US, heavy rain in Europe) and the geopolitical situation in the Black Sea remain major unknowns that could cause sharp volatility at any time. Import demand from Asian and African countries remains stable, but pressure from a strong USD could make commodities more expensive for importing nations.

Technical analysis shows that wheat prices on the CBOT are trading below key resistance levels. Despite technical recoveries, the overall trend is still searching for a new equilibrium zone. Key support levels need to be closely monitored to determine if selling pressure will continue to increase.

In the medium term, factors to watch closely include: weather developments in major wheat-growing regions during the growth and harvest stages, Russian export policies, global macroeconomic conditions (inflation, interest rates), and exchange rate fluctuations. These factors will more clearly shape the trajectory of wheat prices in the coming months.

The Wheat market is currently being influenced by many conflicting factors, creating a rather complex picture. Therefore, investors should approach with high caution and closely monitor the latest developments.

Fundamental Analysis:

• Supply: Global supply from major production regions such as Russia, Europe, and North America is generally abundant following recent harvests. In particular, strong exports from Russia continue to exert downward pressure on prices. However, risks of adverse weather in key growing areas or geopolitical tensions in the Black Sea region remain unpredictable factors that could cause sudden price fluctuations.
• Demand: Demand for Wheat consumption, especially from major importing countries, remains stable. However, concerns about slowing global economic growth could affect long-term demand. A strong USD exchange rate also increases import costs for countries using other currencies, indirectly impacting demand.

Technical Analysis:

• Wheat prices on the CBOT (Chicago Board of Trade) have been in a downward correction trend for some time, indicating that selling pressure is dominant.
• Important support levels are being tested. If prices break these levels, the downward momentum could continue. Conversely, holding these support levels could create an opportunity for a short-term recovery.
• Momentum indicators are showing neutral or slightly negative signals, with no clear signs of a strong reversal yet.

Recommendation:

Given the above factors, at the current time, we recommend that investors maintain a cautious position. Buying can be considered when prices adjust to strong support levels and positive reversal signals appear from technical analysis, or when there is new fundamental information supporting prices (e.g., supply cuts, severe adverse weather). Conversely, investors with selling positions can continue to hold or consider partial profit-taking if prices continue to decline deeply. Always remember that this is for reference only and investment decisions should be based on thorough research and personal risk management.