Wheat Price
Wheat Price — Historical Chart
$199.65/ton
▲ 15.27% YoYJun 2026
All-Time High
$444.16/ton
All-Time Low
$88.55/ton
Data Since
1992
Source: FRED / IMFShaded = NBER recessions
Wheat price in USD per metric ton (IMF). The Ukraine-Russia war caused the sharpest wheat spike in history in 2022, as the two countries supply nearly 30% of global wheat exports. Wheat prices are a direct driver of food security in developing nations.