Key Takeaways
- Wheat surged 4.29% on the week to 632.00 USd/Bu, pushing its year-to-date gain to 24.65% — the strongest YTD performance in the grain complex — as Middle East shipping risk and Europe's nitrogen subsidy shock added fresh premium to global grain markets.
- Rice extended its rally to $13.3450/cwt (+4.26% weekly, +39.08% YTD), while Canola jumped 5.12% on the week to CAD 777.60/T (+31.93% YTD), among the sharpest year-to-date advances across row crops.
- Cotton (+4.14% weekly, +22.88% YoY) and Rubber (+4.02% weekly, +30.61% YoY) both extended strong runs in the fibres and industrial group, pointing to tightening raw-material supply outside the grain complex.
- Corn was the lone grain to slip, down 0.62% on the week to 438.00 USd/Bu, though it remains up 10.61% year-over-year and 6.38% on the month.
- Food and soft commodities were the most volatile group of the week — Coffee spiked 10.62% weekly and 33.57% monthly, Cocoa jumped 6.52%, and Orange Juice sank another 14.54% — but as processed and soft food products rather than core row crops, these sit outside this week's primary agriculture focus (full breakdown below).
Agricultural commodity markets for the week of July 6–13, 2026, were led by broad-based strength across grains, oilseeds, and industrial fibres, even as food and soft commodities whipsawed on their own separate drivers. Wheat, rice, and canola all posted some of their strongest year-to-date gains of 2026, while cotton and rubber extended multi-month rallies tied to tightening raw-material supply. All price data is sourced from Trading Economics. For fertilizer and input cost impacts, see the iGrow News fertilizer prices weekly update; for agribusiness equity impacts, see the agriculture stocks performance tracker.
Agricultural Commodities by Group: Week of July 6–13, 2026
Cereals & Grains
Grain markets were the standout of the week. Wheat climbed 4.29% to 632.00 USd/Bu, extending its monthly gain to 7.71% and its year-to-date advance to 24.65% — the strongest YTD showing in the cereal complex, with the year-over-year premium widening to +15.96%. Rice rose 4.26% to $13.3450/cwt, now up a striking 39.08% year-to-date and 4.42% year-over-year. Oat gained 4.15% on the week to 301.2500 USd/Bu, though it remains down 18.53% year-over-year despite the weekly bounce. Barley added 2.00% to INR 2,191.50/T, still down 4.41% year-to-date. Soybeans rose 1.21% to 1,196.50 USd/Bu (+16.11% YTD, +19.14% YoY). Corn was the lone decliner, down 0.62% on the week to 438.00 USd/Bu, though it is up 6.38% on the month and 10.61% year-over-year.
| Commodity | Price | Weekly % | Monthly % | YTD % | YoY % |
|---|---|---|---|---|---|
| Wheat | 632.00 USd/Bu | +4.29% | +7.71% | +24.65% | +15.96% |
| Corn | 438.00 USd/Bu | -0.62% | +6.38% | -0.51% | +10.61% |
| Soybeans | 1,196.50 USd/Bu | +1.21% | +7.31% | +16.11% | +19.14% |
| Rice | 13.3450 USD/cwt | +4.26% | +9.34% | +39.08% | +4.42% |
| Oat | 301.2500 USd/Bu | +4.15% | -4.52% | -0.41% | -18.53% |
| Barley | 2,191.50 INR/T | +2.00% | -1.39% | -4.41% | -1.64% |
Oilseeds & Vegetable Oils
Oilseeds were broadly firm. Canola led the group, up 5.12% on the week to CAD 777.60/T and now up 31.93% year-to-date, though its year-over-year gain of 13.90% is more modest. Rapeseed advanced 2.72% to EUR 528.00/T (+16.49% YTD, +14.04% YoY). Palm oil rose 0.74% to MYR 4,513.00/T, up 11.43% year-to-date and 8.10% year-over-year on steady Southeast Asian export demand. Sunflower oil ticked up 0.55% to INR 1,593.20/10kg, posting the group's strongest year-over-year gain at +28.69%. Soybeans, covered above in the grain complex, also count among the week's oilseed gainers at +16.11% YTD.
