Wheat, US HRW (World Bank) represents a commodity index reflecting prices of No. 2 hard red winter wheat from the US Gulf, used as an indicator in international grain trade, with the primary trading region in the USA, where it serves as a key price reference for exports and influences the global wheat market. In 2026, indicators ranged from 230.78 USD/tonne to 264.61 USD/tonne with an average level of 242.26 USD/tonne. The index is based on prices of wheat (U.S.), No. 2 hard red winter Gulf export price; from June 2020 backwards, No. 1, hard red winter, ordinary protein, export price delivered at the US Gulf port for prompt or 30 days shipment.