


Source: Dining Alliance

Alerts & What’s Trending Produce Tomatoes and lettuce remained focal points, with roma tomatoes falling 14.6% to their lowest since October. Prices are expected to decline further into January. Iceberg lettuce continued its correction, with stabilization anticipated soon around $10/carton. Grain Grain markets were stable, with Kansas City and Minneapolis wheat posting modest gains. Corn rallied early but fell short of five-month highs. The USDA’s December WASDE reduced 2024/25 carryout projections, lowering the stocks-to-use ratio to 11.4%, marking the first y/y decline since 2020/21. Dairy The dairy market was mixed as butter rose $0.03 to $2.52/lb, while cheese saw gains with blocks up $0.12 to $1.78/lb. Production schedules varied nationwide, and retail promotions dropped to their lowest level in a month, despite steady retail cheese demand. Beef The beef market saw gains as CME December cattle futures rose nearly 3% to $192.85/cwt. Bone-in export ribs and




Alerts & What’s Trending Produce The produce market faces ongoing challenges from weather disruptions, transitions, and logistical hurdles, with supply constraints and high prices expected for key commodities through December. Despite gradual improvements, heat damage and cold weather are impacting yields and crop growth, complicating transitions. Broccoli supplies remain tight with prorating expected, while commodities like lettuce, cauliflower, artichokes, and various greens continue to experience high prices and limited availability. Flexibility and coordination are essential to stabilize operations. Grain Soybean meal was the only major grain to post week-over-week gains. Corn prices faced downward pressure amid trade tensions between the U.S. and Mexico. Meanwhile, U.S. winter wheat conditions improved as drought in the Southern Plains continued to ease. Dairy Spot block cheese prices remained stable, but barrel prices fell to a 32-week low. Spot butter hit a new year-to-date low, reflecting softened market conditions. Meanwhile, cold storage

Source: Consolidated Concepts


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