Insights / Supply Chain Resource Center

Fresh fish and seafood platter

Commodities Report

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

Charcuterie board with meats and cheese

Commodities Report

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

Vegetables

Commodities Report

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