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How are wheat prices charted?

A:

Quick Answer

Nasdaq charts wheat prices by gathering pricing information and then ordering them on a line graph. These line graphs can be organized to display weekly, monthly or yearly data.

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How are wheat prices charted?
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Full Answer

In charting wheat prices, the Nasdaq also includes the names of related exchange-traded funds in its pricing profiles. For wheat, those exchange-traded funds are JJG and GRU. The Nasdaq also includes articles pertaining to wheat on its online pricing chart.

In addition to listing prices for wheat, the Nasdaq also includes information about grains such as soybeans, oats, rice, spring wheat and canola. Metals, such as gold and silver, are also tracked, as are crude oil, heating oil, natural gas and ethanol.

The Nasdaq Stock Market is the second-largest stock exchange in the world, with the first being the New York Stock Exchange. The stock market is owned and operated by the Nasdaq OMX Group, which also operates stock exchanges in Copenhagen, Helsinki, Iceland, Riga and Stockholm. The Nasdaq organizes markets into three types of tiers, which, in ascending order, are the Capital, Global and Global Select Markets. While the Nasdaq had a growth rate of around 9.4 percent prior to 2009, the Great Recession had a negative impact on this trend.

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