Agriculture commodities prices today, June 3: Rubber surges 45.65% YoY while Canola jumps 34.75% YTD

Agricultural commodity markets delivered mixed results in the latest trading session. While several crops and soft commodities posted strong gains over the past year, others continued to struggle with weak demand, changing weather patterns, and shifting global supply conditions.

Rubber led the annual gainers among major agricultural commodities, while cocoa remained one of the worst-performing markets after losing more than half of its value over the past year.

Rubber Climbs 45.65% YoY as Canola and Rice deliver strong YTD returns

Rubber prices rose 2.40% during the session to 234.50 US cents per kilogram. The commodity has gained 8.41% over the past month and is up 30.35% year to date. On a yearly basis, rubber prices have surged 45.65%, making it one of the strongest performers in the agricultural sector.

Canola also maintained strong momentum. Prices increased 2.07% to CAD 794.24 per tonne. The oilseed has advanced 34.75% since the beginning of the year and is trading 14.36% higher than a year ago.

Rice continued to post impressive gains. Prices stand at $12.64 per hundredweight after rising 10.73% over the past month. Rice is up 31.21% year to date despite remaining 6.71% below year ago levels.

Palm oil moved higher by 3.13% during the session to MYR 4,677 per tonne. The commodity has gained 15.48% this year and 18.41% over the past year.

Wool also remained among the top performers. Prices are up 25.50% year to date and have surged 60.63% over the last 12 months.

Wheat gains 19.33% YTD while Soybeans and Cotton stay positive

Among major grains, wheat traded at 601.86 US cents per bushel. Although prices slipped 0.19% during the session, wheat has gained 19.33% year to date and remains 11.37% higher than a year ago.

Soybeans traded at 1,162.13 US cents per bushel. The crop has delivered a 13.50% gain since the beginning of the year and is up 11.92% on an annual basis.

Cotton prices stood at 76.15 US cents per pound. Despite a monthly decline of 7.78%, cotton has climbed 18.98% year to date and 17.59% over the past year.

Rapeseed also remained in positive territory with gains of 17.83% this year and 11.71% year over year.

Lumber traded at $587.55 per 1,000 board feet. The commodity has gained 9.29% year to date, though annual performance remains slightly negative at 1.02%.

Corn prices remained largely unchanged for the year. The benchmark is down just 0.14% in 2026 and is only 0.21% higher compared to last year.

Several soft commodities continued to face heavy selling pressure.

Cocoa traded at $4,025.02 per tonne after falling 2.02% during the session. The commodity has dropped 33.39% year to date and has plunged 58.79% over the past year, making it the weakest performer among major agricultural commodities.

Coffee prices fell 1.82% to 254.49 US cents per pound. The market has declined 26.99% this year and remains down 26.30% year over year.

Orange juice also remained under pressure despite a daily gain of 3.84%. Prices have fallen 20.26% since the start of the year and are down 40.85% over the last 12 months.

Milk prices dropped 4.26% during the session and remain 13.47% lower than a year ago. Cheese prices have also weakened, declining 16.01% annually.

Among the biggest declines, potatoes traded at €2 per 100 kilograms. Prices have collapsed 69.23% this year and are down 79.17% compared to the same period last year.

Butter also remained weak with a yearly decline of 47.16%, while sugar prices are down 14% over the past year.

The latest agricultural market data highlights a growing divide between commodities benefiting from supply concerns and those facing weaker consumption trends. Rubber, wool, canola, and rice continue to lead the gains, while cocoa, potatoes, coffee, and orange juice remain among the sector’s biggest laggards.