
Commodities Report
Alerts & What’s Trending Produce Iceberg lettuce fell almost 20% after an 11-week surge, while avocados climbed as Mexico’s harvest stoppage reaches the U.S. Outlook: Lettuce should settle near $20 into early 2027, but avocados have little room to fall and may reach $30. Grains Grains slipped below key support last week, with strong crop yields weighing on soybeans and December corn barely holding $4.40. Outlook: Corn could drift toward $4 and January soybeans toward $11.50 if the USDA confirms big yields. Dairy Cheese and butter markets fell last week, with blocks down nearly 8%, as holiday butter buying disappoints and U.S. prices stay high for export. Outlook: Near-term dairy risk is to the downside as overpriced U.S. products temper export demand. Beef Beef production is down 5% from last year and cattle futures hit nine-week lows; Choice cutout slipped while ribs set a record. Outlook:


