Agricultural Commodities Weekly Overview (August 11 – 18, 2025)

Key Takeaways:

• Coffee (+4.64% weekly) led soft agricultural commodities gains, extending its rebound on continued crop concerns.
• Palm oil (+6.18%), oats (+0.77%), and sunflower oil (+2.36%) posted moderate weekly advances, supported by steady demand.
• Wheat (-2.16%), rice (-2.08%), and potatoes (-8.42%) weighed on the broader market, with potatoes still trading near multi-year lows in Europe.
• Cocoa (-6.19%) saw a reversal from its prior-week rally, while canola (-3.52%) also weakened.
• Orange juice (-0.21%) and sugar (-0.11%) posted marginal declines after the previous week’s recovery.

Agricultural Commodities Weekly Update: Mixed Trends with Coffee and Palm Oil Outperforming

Agricultural commodities showed a mixed performance in the week ending August 15, 2025, with strong gains in select softs and oils offset by notable weakness in grains and tubers.

Grains and Oilseeds

Soybeans rose +2.74% to USD 1,018.91/bushel, continuing their recovery on supportive U.S. weather forecasts. Wheat fell -2.16% to USD 503.88/bushel, pressured by ample supply and slower export demand. Corn also declined -1.36% to USD 379.77/bushel, extending its month-long downward trend. Oats gained +0.77%, while barley added +0.26% amid regional procurement activity.

Oilseed markets saw palm oil climb +6.18% to MYR 4,517.00/tonne, bolstered by stronger South Asian demand. Sunflower oil (+2.36%) and rapeseed (+1.17%) advanced, while canola dropped -3.52% to CAD 656.80/tonne, marking its second consecutive weekly decline.

Soft Agricultural Commodities

Coffee surged +4.64% to USD 341.65/lbs, maintaining momentum from prior weeks on ongoing concerns about Central American harvests. Cocoa slipped -6.19% to USD 8,235.00/tonne after a sharp rebound the week before, as traders adjusted supply-risk assessments in West Africa. Tea dropped -2.06%, while sugar edged down -0.11% despite tighter supply concerns from Brazil. Cotton was stable (+1.17%), while wool remained unchanged.

Other Agricultural Markets

Potatoes fell sharply by -8.42% to EUR 8.70/100kg, extending their year-to-date loss to over -70%, as European oversupply persisted. Orange juice eased -0.21% to USD 248.67/lbs, reversing part of its prior-week rebound. Rice lost -2.08% to USD 12.70/cwt, while butter (-4.23%) weakened on subdued dairy demand. In contrast, cheese (-0.61%) and milk (+0.12%) showed little movement. Rubber added +0.30%, reflecting steady Asian buying.

WASDE Report Update: Record U.S. Corn Crop, Tight Wheat Stocks

The August 2025 WASDE Report delivered notable revisions across major crops:

• Corn: U.S. production raised to a record 16.7 billion bushels on increased harvested area and record yields (188.8 bu/acre). Exports are projected at a record 2.9 billion bushels, with ending stocks at 2.1 billion—the highest since 2018/19. The season-average price is lowered to $3.90/bushel.
• Wheat: U.S. ending stocks cut to 869 million bushels, while global wheat inventories are projected at 260.1 million tons, the lowest since 2015/16.
• Soybeans: U.S. production forecast at 4.3 billion bushels, trimmed due to reduced harvested area, partly offset by higher yields (53.6 bu/acre). Ending stocks lowered to 290 million bushels. Global soybean stocks are projected at 124.9 million tons.
• Rice: U.S. production set at 208.5 million cwt, with ending stocks at 44.6 million cwt. Global rice supplies are trimmed slightly.
• Cotton: U.S. production cut sharply to 13.2 million bales amid Southwest drought conditions. Prices are raised to 64 cents/lb.
• Other Markets: U.S. sugar supply increased on stronger beet and cane output. Livestock projections were mixed—beef and pork output lowered, broilers raised. Milk production is up, with the 2025 all-milk price unchanged at $22.00/cwt.

Read the latest WASDE Report.

Comparative Snapshot: Weekly Agricultural Commodities Performance

(Week ending Aug 8 vs. Aug 15, 2025) Provided by Trading Economics.