Teucrium Wheat Fund Stock Price and Quote (2024)

FAQs

What is the price of the wheat fund? ›

The WEAT stock price today is 6.293.

The investment seeks to provide investors with a cost-efficient way to gain price exposure to the wheat market for future delivery. The fund seeks to achieve its investment objective by investing in Benchmark Component Futures Contracts.

WEAT: Teucrium Wheat - Stock Price, Quote and News - CNBC.

Agricultural commodities such as corn, soybeans, and wheat are essential food sources worldwide and vital areas for investing. Understanding these commodities is crucial, as they are consequential in global food security and economic stability.

Global Wheat Stocks Forecast at 8-Year Low

The biggest factor for this month's decline is India's wheat stocks, which are forecast down 2.1 MMT to 6.9 MMT as Government stocks estimates implied a stronger pace of use than previously expected.

She maintains her main business office at Three Main Street, Suite 215, Burlington, Vermont 05401.

The Wheat ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

How much does 1 bushel of wheat cost? ›

A Bushel, A Basket

Today, a bushel has a weight equivalent, different for every commodity. For wheat, one bushel equals 60 pounds of wheat or approximately one million wheat kernels. A common semi-truck grain hopper can hold approximately 1,000 bushels of wheat – or 60,000 pounds of wheat in a single load.

Operator and land return is projected at $243 per acre for corn, $217 per acre for soybeans, and $150 per acre for wheat. For these stand-alone situations, wheat has lower profitability than corn and soybeans. Double-crop soybeans have a return of $272 per acre.

Basic Info. US Wheat Price Received is at a current level of 6.01, down from 6.36 last month and down from 8.35 one year ago. This is a change of -5.50% from last month and -28.02% from one year ago.

How Are Grain Futures Prices Determined? Prices are determined by the size of the contract and the price of the grain. For example, if a soybean futures contract allows the trader to control 5,000 bushels, and bushels are trading at $6 each, the dollar value of the contract is $30,000.

About Teucrium Wheat ETF

The investment seeks to provide investors with a cost-efficient way to gain price exposure to the wheat market for future delivery.