Agricultural prices decreased 1.0% month on month in October, following September’s 3.4% rise.
After rising for the first time in seven months in September, agricultural prices declined again in October. Seven of the nine agricultural commodities tracked by our panelists traded lower month on month than in September. Cocoa led the way, with prices declining over 15% month on month due to soft industrial demand and an improving supply outlook in West Africa. Swelling global supply also undercut prices of sugar. Meanwhile, due to the government shutdown, the U.S. Department of Agriculture suspended its benchmark data releases on global and domestic production estimates, export sales data, and market reports, which led to a lull in price moves for corn, cotton and soybeans.
This chart displays Wheat (US¢/bu) from 2023 to 2025.
Agricultural Historical Price Data
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Palm Oil | - | - | - | 927 | 999 | 1,037 | 1,082 | 1,353 | 1,475 | 1,303 | 1,334 | - |
| Rice | - | - | - | 609 | 638 | 620 | 589 | 520 | 455 | 420 | 383 | - |
| Coffee Arabica | - | - | - | 170 | 184 | 219 | 246 | 289 | 376 | 366 | 335 | - |
| Cotton ICE | - | - | - | 81.18 | 89.48 | 77.82 | 69.41 | 70.47 | 66.62 | 66.00 | 65.77 | - |
| Sugar ISA | - | - | - | 24.52 | 22.10 | 19.55 | 19.36 | 20.19 | 18.65 | 17.53 | 16.51 | - |
| Corn CBOT | - | - | - | 479 | 438 | 445 | 395 | 428 | 474 | 453 | 403 | - |
| Soybeans CBOT | - | - | - | 1,316 | 1,198 | 1,188 | 1,036 | 995 | 1,028 | 1,045 | 1,015 | - |
| Wheat CBOT | - | - | - | 585 | 578 | 611 | 551 | 562 | 558 | 537 | 525 | - |
| Cocoa ICCO | - | - | - | 4,011 | 5,750 | 8,657 | 6,803 | 8,285 | 9,558 | 8,521 | 7,324 | - |