# CME Group’s Wheat Futures Lead Price Discovery of the Global Wheat Market

> CME Group describes its new Black Sea and Australian wheat futures contracts and the growth of world wheat trade. USDA data cited show world wheat exports rose about 78% over two decades, outpacing production growth. The piece also covers wheat derivative volumes and hedging.

- Date: 2020-02-03 · published 2020-02-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54646-cme-group-s-wheat-futures-lead-price-discovery-of-the-global-wheat-market
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

New regional wheat contracts give buyers and sellers more ways to hedge Black Sea and Australian exposure, which may improve price discovery for those origins.

## Sources

- cmegroup.com: https://www.cmegroup.com/education/articles-and-reports/cme-groups-wheat-futures-lead-price-discovery-of-the-global-wheat-market

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.