Wheat Spread Betting Guide





Also see Live Wheat chart below.



Where Can I Spread Bet on Wheat?

You can trade on wheat, as well as plenty of other financial markets, with the following spread trading companies:

Financial Spreads ETX Capital Spreadex IG City Index
Gold Daily Financial Spreads Gold Daily ETX Capital Gold Daily Spreadex Gold Daily IG Gold Daily City Index Gold Daily
Gold Futures Financial Spreads Gold Future ETX Capital Gold Future Spreadex Gold Future IG Gold Future City Index Gold Future
UK Crude Oil Daily (Brent) Financial Spreads UK Oil Daily (Brent) ETX Capital UK Oil Daily (Brent) Spreadex UK Oil Daily (Brent) IG UK Oil Daily (Brent) City Index UK Oil Daily (Brent)
UK Crude Oil Future (Brent) Financial Spreads UK Oil Future (Brent) ETX Capital UK Oil Future (Brent) Spreadex UK Oil Future (Brent) IG UK Oil Future (Brent) City Index UK Oil Future (Brent)
US Crude Oil Daily (WTI) Financial Spreads US Oil Daily (WTI) ETX Capital US Oil Daily (WTI) Spreadex US Oil Daily (WTI) IG US Oil Daily (WTI) City Index US Oil Daily (WTI)
US Crude Oil Future (WTI) Financial Spreads US Oil Future (WTI) ETX Capital US Oil Future (WTI) Spreadex US Oil Future (WTI) IG US Oil Future (WTI) City Index US Oil Future (WTI)
Other Commodities Financial Spreads Other Commodities ETX Capital Other Commodities Spreadex Other Commodities IG Other Commodities City Index Other Commodities
The above spread betting markets may also be available with other companies. Also see spread bets comparison notess.


Live Wheat Chart




Live Wheat Chart




Where Can I Get Live Spread Betting Prices and Charts for Wheat?

The chart shown above provides a useful view of the market.

Nevertheless, for those investors that are trading wheat, the providers listed above offer real-time prices as well as advanced charts.

Example spread trading chart from FinancialSpreads.com:

Wheat Spread Betting Guide - Example Chart



Wheat Spread Betting Example

Wheat Spread Betting Guide
If you are going to spread bet on a commodity market such as wheat then, looking at a trading platform like IG, at the moment you would get a quote of $529.75 – $531.25.

That means you can speculate on wheat to go above $531.25 or go below $529.75.

If you are spread betting, you speculate on every unit the market increases or decreases. Specifically, for the wheat market a unit is $1.00 of the commodity market’s price movement.

Let’s say, for this instance, you decide to stake £5 for every $1.00 wheat rises or falls.


Spread Betting on the Market to Go Up

If you bought wheat at $531.25 and the commodity market went up then the quote might become $549.84 – $551.34. If so, you could close your trade by selling at $549.84.

Your P&L = (settlement value of the market – initial value of the market) x stake per $1.00
Your P&L = ($549.84 – $531.25) x £5 per $1.00 stake
Your P&L = $18.59 x £5 per $1.00
Your P&L = £92.95 profit

Of course, if the commodity market were to fall down to $515.31 – $516.81, you might want to close your bet to limit your losses. If this were the case, you’d make a sell trade at $515.31.

Therefore, with the same £5 per $1.00 stake:

Your P&L = (settlement value of the market – initial value of the market) x stake per $1.00
Your P&L = ($515.31 – $531.25) x £5 per $1.00 stake
Your P&L = -$15.94 x £5 per $1.00
Your P&L = -£79.70 loss


Spread Betting on the Market to Go Down

One of the many features of spread trading is that you can short sell the markets.

When we started this example, the price was $529.75 – $531.25.

If you went short of wheat at $529.75 and the commodity market fell then you might see the quote drop to $506.00 – $507.50. In that case, you could close your bet at $507.50.

Your P&L = (initial value of the market – settlement value of the market) x stake per $1.00
Your P&L = ($529.75 – $507.50) x £5 per $1.00 stake
Your P&L = $22.25 x £5 per $1.00
Your P&L = £111.25 profit

Financial markets also move up, if the commodity market were to rise up to, as an example, $547.32 – $548.82, you might decide to close your bet to prevent further losses. If that were to happen, you would buy at $548.82.

With the same £5 per $1.00 stake:

Your P&L = (initial value of the market – settlement value of the market) x stake per $1.00
Your P&L = ($529.75 – $548.82) x £5 per $1.00 stake
Your P&L = -$19.07 x £5 per $1.00
Your P&L = -£95.35 loss


Wheat (September) spread betting prices quoted as of 13-Jul-17.

Note that this is a Futures market and so it has a particular expiry date when it is set to automatically close.



Wheat Practice Accounts

But what if you want to try things out? Well, the following companies offer practice accounts, these accounts let you see how spread betting works on wheat without risking any money.




User Questions and Answers on Wheat

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