Wheat WHEAT

commodity

Price History

2000-07 · DCA start$246

Time underwater

How far below its previous all-time high the price sat, each month. 0% means a new high.

2000-072026-08 · -40.0%

Worst drawdown: −66%, peaking Feb 2008 and bottoming Aug 2016 — 171 months below the prior high before recovering.

DCA Backtest

Start month

Monthly amount (USD)

Invested: $31,400
Value today: $42,658
Return: +35.9%
Months invested: 314

Scenarios

Inflation — the same contributions merely keeping pace with CPI would be $45,473 today, so the real (inflation-adjusted) return is -6.2%.

Lump sum instead — $31,400 all at once in Jul 2000: $83,318 (+165.3%) — lump sum came out ahead.

Worst timing — same monthly amount started at the all-time high (May 2022): $5,597 on $5,200 invested (+7.6%).

Backtests use monthly closing prices. Stock dividends aren’t reinvested, so long-run equity returns are understated.

If this saved you a spreadsheet — buy me a coffee.

Every start month at once

Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.

	J	F	M	A	M	J	J	A	S	O	N	D
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Legend:−50%−20%0%+50%+200%+1000%worst timing (ATH)Selected 2000-07: +35.9%

About Wheat

Chicago SRW wheat is the global reference price for the world's most widely grown food crop. Prices swing on harvests, export policy and war — the 2022 invasion of Ukraine, a top-five exporter, sent the contract to record highs. Prices are the continuous front-month COMEX/NYMEX/ICE futures series in USD — the standard reference price, but not directly investable: a real position via rolled futures or an ETF differs by roll yield and fees. (emrite)

It's a commodity categorised under agriculture and US cents per bushel.

There isn’t enough researched data to give it an overall rating yet — only 45% of the scoring weight is backed by facts, below the 60% needed. The score shown is partial and covers only what’s known.

Not yet researched: structure / supply. These are excluded from the score rather than guessed, so the real risk may be higher than what’s shown.

Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.

Risk Profile

Partial 2.0/5(45%)

Only 45% of the weighting is fact-backed so far — not enough for an overall rating. The partial score covers the rated categories below; the unrated ones may be where this asset’s real risk sits.

How these ratings work

Market / Volatility2.0/5 · weight 45%

Annualised volatility (3yr)2/521.8
Max drawdown from ATH3/566.4
Beta vs S&P 5001/50.24

Structure / Supplyunrated · weight 55%

Futures roll & carry costnot yet researched
Supply concentrationnot yet researched

Linked Assets

Same sector, or return-correlated — worth knowing what else might move if this one does.