Agricultural prices decreased 1.3% month on month in April, following March’s 3.5% fall.
Five of the nine agricultural commodities tracked by our panelists traded lower in April, leading to the subdued performance of the agricultural complex as a whole. An improving supply outlook undercut prices for sugar and wheat; competition from cheaper vegetable oils capped palm oil prices; looser export restrictions in India cooled rice prices; and a weaker demand outlook kept a lid on prices for arabica coffee. On the flipside, robust demand pushed up prices for corn and soybeans, while reemerging weather concerns and sluggish exports led cocoa to trade above March’s level in April. Moreover, cotton prices saw the first uptick in six months amid rising demand from key importer India.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sugar ISA | - | 24.71 | 24.61 | 24.52 | 22.10 | 19.55 | 19.36 | 20.19 | 18.65 | - | - | - |
| Wool AWEX EMI | - | 1,244 | 1,155 | 1,160 | 1,174 | 1,147 | 1,109 | 1,137 | 1,203 | - | - | - |
| Palm Oil | - | 955 | 961 | 927 | 999 | 1,037 | 1,082 | 1,353 | 1,475 | - | - | - |
| Rice | - | 507 | 588 | 609 | 638 | 620 | 589 | 520 | 455 | - | - | - |
| Corn CBOT | - | 617 | 489 | 479 | 438 | 445 | 395 | 428 | 474 | - | - | - |
| Soybeans CBOT | - | 1,427 | 1,392 | 1,316 | 1,198 | 1,188 | 1,036 | 995 | 1,028 | - | - | - |
| Wheat CBOT | - | 650 | 627 | 585 | 578 | 611 | 551 | 562 | 558 | - | - | - |
| Cocoa ICCO | - | 2,954 | 3,470 | 4,011 | 5,750 | 8,657 | 6,803 | 8,285 | 9,558 | - | - | - |
| Coffee Arabica | - | 186 | 156 | 170 | 184 | 219 | 246 | 289 | 376 | - | - | - |
| Cotton ICE | - | 82.01 | 85.70 | 81.18 | 89.48 | 77.82 | 69.41 | 70.47 | 66.62 | - | - | - |