Wheat is one of the most consumed varieties of grain across the globe. It has many varieties that also have high demand worldwide. It is a cereal that contains many fibers, minerals, vitamins, and antioxidants essential for a healthy being. It also contains gluten, which is a protein variety. Commercially, it is obtained from the Wheat plant, which belongs to the Poaceae family, or the grass family that bears several other important cereal varieties. It is mainly composed of starch which measures over 90% of the total carbohydrate content in Wheat.
Wheat plant is processed and marketed commercially for many purposes. Its seeds are processed into flour, referred to as Wheat or whole-Wheat flour, used in making food products. Wheatgrass is used to attain Wheat juice, which is rich in antioxidants and helps maintain a healthy heart.
Request for Real-Time Wheat Prices: https://procurementresource.com/resource-center/wheat-price-trends/pricerequest
The primary importing countries that import Wheat are the United States, the Netherlands, and Bangladesh. On the other hand, India, Germany, and Italy.
Key Details About the Wheat Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Wheat price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Wheat Price chart, including India Wheat price, USA Wheat price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Wheat Price Trend:
Wheat is a cereal grain that has a wide range of applications in the commercial market. It is mainly used in whole-Wheat and Wheat flour varieties, which is a base ingredient used in producing food varieties such as pasta, chapatis, pastry, biscuits, cakes, bread, noodles, semolina, and couscous, etc.
Wheat is processed to produce juice, flakes, malt, paste, starch, gluten, dextrose, and alcohol, which are mostly added to other food items such as stabilizers, thickeners, and beverages. It is used in different cuisines that cover different regions across the globe. Wheatgrasses produce detox juice that contains antioxidants and has several health benefits. Animals consume Wheat straws as fodder and are also used to manufacture papers, bedding, packages, carpets, baskets, etc.
Key Players:
- Cargill
- Incorporated
- The Archer Daniels Midland Company
- Buhler Group
- CHS Inc.
- Star of the West Milling Co.
- Siemer Milling Company
News & Recent Development
- Date: April 13, 2023- The central government announces continuing the Wheat export ban to ensure an adequate supply for the Indian market.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Jorge Garcia
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
