Alerts & What’s Trending   Produce Produce markets were generally stable, with iceberg lettuce standing out. 24-count iceberg lettuce rose 11% week over week, ending a seven-week losing streak after prices had fallen nearly 82% over that stretch. Even with the recent uptick, there are no major supply concerns at the moment, and the market is still behaving within normal seasonal expectations. Outlook: Lettuce prices may stay relatively contained near term, but this market bears watching as the usual late-year rally approaches in late September.   Grains Grain markets finished the week stronger, led by row crops. Preliminary results from Pro Farmer’s crop tour came in below expectations in most areas, with six of seven states reporting corn yield estimates falling more year over year than USDA projected in its August report. The largest corn-producing states, Iowa and Illinois, posted especially notable misses, while soybeans also underperformed expectations in Illinois,

Alerts & What’s Trending   Produce Produce markets stayed relatively calm last week, with most of the “big five” showing little movement, but avocados are the item operators should keep an eye on. Prices for 48-count Hass avocados were essentially flat week over week, though the USDA’s suspension of avocado inspections in Michoacán, Mexico could still create an August price bump if the issue is not resolved quickly. Potatoes continue to climb and are on pace to challenge 2025 highs as soon as this week, although that pre-harvest rally has been largely expected. Meanwhile, lettuce and tomatoes remained flat and, for now, appear stable through the rest of the month. Outlook: Produce should stay relatively steady overall, but avocados and potatoes carry the most upside risk in the near term.   Grains Grain markets were mostly quiet last week, aside from corn’s sharp rally following the August WASDE and Crop

Alerts & What’s Trending   Produce he big-five produce items were largely quiet. 48-count Hass avocados flatlined after three prior weeks of gains; onions capped out after a longer uptrend. 24-count iceberg lettuce and 25 lb. large roma tomatoes eased to new YTD lows, with iceberg falling below $10/carton for the first time since 2023. Outlook: Most produce markets are expected to remain stable to softer over the next several weeks, with limited upside potential.   Grains Grains markets quieted with most of the sector still under pressure but supported by technical levels. December soybean oil snapped a six-day losing streak at its 100-day moving average; soybeans leveled out amid trend support but face potential headwinds from expected heavy rainfall in the eastern Corn Belt. Outlook: Prices will likely stay volatile and dependent on crude oil trends, weather developments, and the pace of Chinese soybean purchases.   Dairy CME spot

Alerts & What’s Trending   Produce 48-count Hass avocados climbed another 12.6% last week—their third consecutive week of gains—fitting typical August seasonal patterns. Meanwhile, 24-count iceberg lettuce fell 8.3% week-over-week, extending a five-week decline, though price drops are slowing and expected to hold above the $10 mark before fall transitions begin. Outlook: Avocado prices should cap around $60/carton before entering a September downtrend, while iceberg lettuce will offer temporary cost stability before typical September/October market volatility sets in.   Grains Grain markets pulled back across the board, giving up a solid portion of July’s gains. Wheat posted modest pullbacks despite ongoing Black Sea shipping disruptions. With Russia and Ukraine entering their peak August export window under active maritime shipping risks, wheat prices remain vulnerable to sudden market surges if export supply flows are restricted. Outlook: Expect heightened price volatility and upside risk for grains through late summer if Black Sea