Wheat Price Predictions
7D
30D
90D
1Y
$6.52
+2.4%
Current Price
$6.52
+$0.15 (2.4%)
30-Day Volatility
12.5%
-1.2%
Prediction Confidence
84%
Model Accuracy
92.3%
+0.8%
Price Forecast
Model Predictions
7-Day Forecast
$6.68 (+2.5%)
Model predicts upward trend with 82% confidence based on recent demand increases
30-Day Forecast
$6.85 (+5.1%)
Seasonal factors and export demand driving prices higher
90-Day Forecast
$6.72 (±1.2%)
Potential market correction expected after harvest
Key Drivers
Demand Strength
Strong
Export orders up 15% month-over-month
Supply Pressure
Moderate
Harvest projections 3% above last year
Market Sentiment
Bullish
78% of traders holding long positions
Risk Factors
Weather Risk
High
Drought conditions in 15% of growing regions
Policy Risk
Medium
Potential export restrictions being discussed
Macro Risk
Increasing
Rising interest rates may reduce demand
Historical Accuracy
Price Simulation
Model Comparison
| Model | 30-Day Accuracy | 90-Day Accuracy | Volatility Capture | Trend Accuracy | Last Updated |
|---|---|---|---|---|---|
| LSTM Neural Network | 92.3% | 88.7% | 94% | 91% | Today |
| ARIMA | 87.5% | 82.1% | 79% | 85% | Today |
| Facebook Prophet | 89.2% | 84.6% | 82% | 87% | Today |
| Ensemble Model | 93.1% | 89.3% | 95% | 92% | Today |