PWHEAMTUSDMGlobal Price of Wheat (PWHEAMTUSDM) — Current Value & Historical Data
Global Price of Wheat (PWHEAMTUSDM) Chart & Data Table
Gray bands: NBER recessions
What is Global Price of Wheat (PWHEAMTUSDM)?
Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity.
Current Global Price of Wheat (PWHEAMTUSDM) Value
As of May 1, 2026, the current global price of wheat is 220.88 U.S. Dollars per Metric Ton. This is the most recent observation available for this series, updated monthly.
Global Price of Wheat Historical Trend
Global price of Wheat rose 9.00% month-over-month. Over the past year, global price of wheat rose 26.35% from April 2025. In the series' tracked history, the highest recorded value was 444.16 (May 2022), and the lowest was 88.55 (October 1999).
Methodology & Source
Source
Federal Reserve Economic Data (FRED)
Frequency
Monthly
Units
U.S. Dollars per Metric Ton
Notes
Value represents the benchmark prices which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use ...
Frequently Asked Questions About Global Price of Wheat (PWHEAMTUSDM)
What is the current global price of wheat?
As of May 1, 2026, global price of wheat stands at 220.88 U.S. Dollars per Metric Ton.
Where does global price of wheat data come from?
Global price of Wheat data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is global price of wheat updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for global price of wheat?
In the available data, the highest value was 444.16 U.S. Dollars per Metric Ton in May 2022, and the lowest was 88.55 U.S. Dollars per Metric Ton in October 1999.
How has global price of wheat changed over the past year?
Over the past year, global price of wheat increased 26.35%.
Related government-spending dashboards
How Global Price of Wheat connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.