Trade Wheat Spot CFD

Trade Wheat Spot CFD

Price constructed using front two months of Wheat US futures.

Each day at 18:19:55 UTC, the undated commodity price is adjusted to reflect the difference between the settlement price of front- and back-month futures. At the same time, a matching cash adjustment is applied — ensuring the overall position remains neutral as the roll progresses. This cash adjustment is fully offset by the running profit or loss on the position.

Wheat is one of the most popular and widely-cultivated crops all over the world. The world’s top producers of wheat include Pakistan, Germany, Canada, France, the USA and Russia. There are several classes of wheat with slightly different characteristics that grow in particular areas. The most widely grown sort is called common wheat. Farmers often try to forecast which class of wheat will perform the best in the futures market. Wheat futures are traded on the Chicago Mercantile Exchange (CME Globex) under the ticker symbol ZO. The contract size comprises 5,000 bushels (86 metric tonnes). You can get real-time data on the wheat prices at Capital.com.