   WHEAT Price | SimpleFX: Free Trading & Investing App                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "Wheat", "description": "Trade Wheat with SimpleFX. Real-time financial instrument trading with competitive spreads, and professional trading platform.", "identifier": "WHEAT", "category": "Financial Instrument", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/wheat" }, "url": "https://basitfx.com/instruments/wheat", "sameAs": [ "https://www.cmegroup.com/company/cbot.html" ], "offers": { "@type": "Offer", "price": 681.73, "priceCurrency": "USD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "1.22 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 50 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "USD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "WHEAT Trading", "description": "Learn how to trade WHEAT with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/wheat" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Commodities", "item": "https://basitfx.com/instruments/?category=commodities" }, { "@type": "ListItem", "position": 4, "name": "WHEAT" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Wheat (WHEAT) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "Wheat (WHEAT) is a financial instrument CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on WHEAT?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on WHEAT at SimpleFX is 1.22 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for WHEAT?", "acceptedAnswer": { "@type": "Answer", "text": "WHEAT can be traded with up to 1:100 leverage on SimpleFX, which corresponds to a margin requirement of 1.00%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is WHEAT margined in?", "acceptedAnswer": { "@type": "Answer", "text": "WHEAT positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for WHEAT?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for WHEAT on SimpleFX is 50. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   WHEAT

[Wheat price](https://app.basitfx.com/instruments/WHEAT)
========================================================

Wheat
-----

680.52 USD

\-2.50 (-0.37%)

1H

4H

1D

1W

1MN

WHEAT Key Statistics
--------------------

Open price

678.52

High today

682.27

Low today

666.77

52 Week high

682.27

52 Week low

491.77

##### Trading hours

\-12:00

\-11:00

\-10:00

\-09:00

\-08:00

\-07:00

\-06:00

\-05:00

\-04:00

\-03:00

\-02:00

\-01:00

UTC 00:00

+01:00

+02:00

+03:00

+03:30

+04:00

+04:30

+05:00

+05:30

+05:45

+06:00

+07:00

+08:00

+09:00

+09:30

+10:00

+11:00

+12:00

+12:45

+13:00

+14:00

UTC 00:00

Sunday

\-

Monday

\-

Tuesday

\-

Wednesday

\-

Thursday

\-

Friday

\-

Saturday

\-

##### Symbol trading specification

Description

WHEAT

Exchange

CBOT

Base Currency

USD

Quote Currency

USD

Contract size

50

Margin

1.00%\*

\* for 1:1000 account leverage

Tick size

0.01

Target Spread

1.22

Stop levels

0

Swap - Buy

\-0.0191%

Swap - Sell

\-0.0153%

Minimum contract size

0.01

Maximum contract size

100

Type

Commodities

[Trade Wheat](https://app.basitfx.com/instruments/WHEAT/chart)

### About WHEAT

**The WHEAT price is a fundamental indicator in the global agricultural commodities market, reflecting the economic forces of supply and demand for one of humanity's oldest and most essential food sources. Given its importance in global food security, tracking the price of wheat is crucial for a wide range of stakeholders, including farmers, traders, and policymakers.**

#### What is WHEAT?

WHEAT is a critical agricultural commodity cultivated for its grain, a staple food for people worldwide. It is used in various forms, including flour for bread, pasta, and other food products. The SimpleFX platform offers a demo account that provides an opportunity for those eager to explore [how to trade WHEAT](/how-to-trade/WHEAT) without financial commitment. This account is a necessity for beginners, offering a real-world trading experience. After switching to a live account, investors can use leveraging options and no minimum deposit in their next step in trading.

#### How does WHEAT work?

Trading WHEAT involves understanding the factors influencing its global supply and demand, including weather conditions, crop yields, and geopolitical events. Futures contracts on the SimpleFX platform allow traders to speculate on the WHEAT future price, considering factors like harvest reports, export restrictions, and changes in global consumption patterns. These dynamics are crucial for traders eager to learn more about [how to invest in WHEAT](/how-to-invest-in/WHEAT) on the SimpleFX platform.

#### Current WHEAT price

The current **WHEAT price** is subject to fluctuation due to the market's volatility. Investors can check it on the chart, the SimpleFX Webtrader platform, or the mobile app.

#### WHEAT price history

WHEAT's price history is marked by volatility cycles driven by varying conditions such as droughts, floods, and other climate-related events affecting key producing regions. Additionally, policy decisions and trade agreements can significantly impact WHEAT prices. Understanding these historical trends is essential for anticipating future price movements and strategizing effectively.

#### WHEAT market cap

Even though WHEAT does not have a market cap in the traditional financial sense, the total value of the commodity traded reflects the market's size and the commodity's significance. The WHEAT price is influenced by an interplay of supply chain dynamics, agricultural policies, and changing dietary preferences worldwide. In the chart above, traders can check the current WHEAT price and its market cap on the SimpleFX platform.

[Read more Close](#)

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