Key Takeaways
- Agricultural commodities showed a mixed performance in the final week of November, with several major grains turning positive after earlier declines.
- Soybeans (+1.13%), wheat (+0.57%), and corn (+2.29%) all strengthened week over week.
- Rice (-3.30%) and oats (-5.15%) declined, while canola (+1.01%) and palm oil (+1.13%) posted moderate weekly gains.
- Soft commodities were mostly positive: cocoa (+6.29%), coffee (+3.10%), and sugar (+2.91%) rose, while tea (-0.58%) saw a slight decline.
- Industrial and livestock markets were mixed, with lumber (+1.02%) and rubber (+3.27%) improving, while barley (-1.19%), butter (-16.25%), and potatoes (-9.59%) weakened sharply.
- Wool (-0.66%) dipped slightly after recent strength.
Grains and Oilseeds Show Renewed Strength
Grains showed an improved performance compared to the previous period, reversing earlier declines in several key contracts.
- Soybeans rose +1.13%, supported by improving export demand signals.
- Corn gained +2.29%, marking one of the stronger weekly advances among major grains.
- Wheat edged higher at +0.57%, stabilizing after weakness earlier in November.
Not all grains advanced:
- Oats dropped -5.15%, continuing its downward volatility.
- Rice fell -3.30%, reversing its previously stable trend.
Oilseed products delivered mixed results:
- Canola strengthened +1.01%, supported by firm crush margins.
- Rapeseed gained +0.89%, while sunflower oil was nearly flat at +0.14%.
Palm oil advanced +1.13%, recovering modestly from earlier month softness.
Soft Agricultural Commodities: Cocoa Rebounds While Tea Slips
Soft commodities posted mostly positive movement.
- Cocoa jumped +6.29%, a notable shift from the deep declines observed earlier this quarter.
- Coffee rose +3.10%, extending its month-long upward trend.
- Sugar gained +2.91%, contrasting with its prior weekly drop.
Not all contracts saw improvements:
- Tea declined -0.58%, reflecting weaker auction prices.
- Orange juice posted a strong +14.03% weekly increase, although it remains significantly lower year-to-date.
Cotton fell -1.51%, continuing pressure from weak textile-sector demand.
Industrial & Livestock Commodities Deliver Divergent Trends
Industrial commodities were mixed through the week:
- Rubber climbed +3.27%, supporting a multi-week recovery.
- Lumber increased +1.02%, partially reversing recent losses.
- Wool eased slightly at -0.66% but remains significantly higher year over year.
Barley moved lower at -1.19%, maintaining a soft pricing cycle.
Dairy and livestock indicators showed further divergence:
- Butter posted one of the sharpest declines at -16.25%, reflecting oversupply conditions in European markets.
- Potatoes continued to weaken, down -9.59%.
- Milk recorded a modest -0.06%, while cheese rose +0.46%.
Comparative Weekly Agricultural Commodities Performance
(Previous Period vs. Updated Data for Nov 24–Dec 1)
| Commodity | Weekly Change (Previous) | Weekly Change (Updated) | Direction vs. Previous |
|---|---|---|---|
| Soybeans | -2.68% | +1.13% | Rebounded to gains |
| Wheat | -3.25% | +0.57% | Turned positive |
| Corn | -2.41% | +2.29% | Strong reversal |
| Oats | -1.59% | -5.15% | Steeper decline |
| Rice | +0.05% | -3.30% | Reversed downward |
| Canola | -1.82% | +1.01% | Turned positive |
| Palm Oil | -1.66% | +1.13% | Shifted higher |
| Cocoa | -3.44% | +6.29% | Strong rebound |
| Coffee | -1.69% | +3.10% | Positive reversal |
| Tea | -4.28% | -0.58% | Softer decline |
| Sugar | -0.20% | +2.91% | Shifted to gains |
| Orange Juice | -8.52% | +14.03% | Significant rebound |
| Lumber | -3.93% | +1.02% | Recovered |
| Rubber | -0.92% | +3.27% | Strengthened |
| Wool | +3.84% | -0.66% | Slight decline |
| Butter | +0.08% | -16.25% | Sharply lower |
| Potatoes | -1.33% | -9.59% | Deeper contraction |
Data Source: Trading Economics, week ending November 30, 2025
Compiled by: iGrow News Market Dashboard
WASDE Data
