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Wheat is one of the world’s most commonly traded commodities. It is used in a variety of products, from bread and pasta to beer, ethanol and animal feed. The trade of wheat involves a complex network of farmers, traders, processors, shippers, brokers and consumers who interact in global markets.

For centuries, wheat has been an important part of the global economy. It is one of the oldest and most widely grown crops, with thousands of varieties cultivated around the world. In fact, wheat accounts for more than 20 percent of all calories consumed by humans globally. Wheat’s trading history dates back to ancient Egypt, where it was used as currency. Today, wheat is traded all over the world on stock exchanges and in futures markets. Prices are influenced by factors such as weather conditions, export policies, crop yields, agricultural subsidies and more.

Wheat prices have fluctuated throughout history, depending on a variety of different factors. Over the past century, the highest price for wheat was seen in 2022 when it reached $457.38 per bushel. Prices then plummeted to as low as $166.99 per bushel in 2008, during the economy downtime. In recent years, changes in global politics, drought and other factors have had a significant impact on wheat prices.

For instance, in 2012, Russian exports of wheat were banned after a severe drought caused crop yields to plummet and the price of wheat skyrocketed. In 2017, the U.S. imposed tariffs on imports from China, which caused wheat prices to rise again due to reduced supply and increased demand for domestic wheat. Although the current price fluctuates on a daily basis, it remains generally stable as global markets adjust to these changes in policy and weather conditions. Wheat prices continue to be an important factor in the agricultural industry and will likely remain so for many years to come.

When it comes to trading wheat, one of the main differences between CFDs and investing in the actual commodity is the leverage that you get with CFDs. With a CFD, you can control much larger amounts of wheat than you would be able to do if you just invested directly in the physical commodity. This means that you can make bigger profits with a smaller amount of capital.

However, it also means that your potential losses are amplified as well and you can lose more than what you initially invested if the market moves against you. Another difference is that when trading wheat CFDs, there is no need to store the physical asset unlike in traditional investing where storage costs may be incurred.