
Commodities Report 77
Alerts & What’s Trending Produce Produce markets remain active as cooler weather tightens supply. Iceberg lettuce prices rose another 16% week-over-week to a new year-to-date high, while tomato markets took center stage with large romas jumping nearly 60%, erasing several weeks of losses. Avocados inched higher for only the third time since March, stabilizing near $30 per carton. Outlook: Expect firm pricing on lettuce and tomatoes as growing regions transition and demand stays strong. Avocado markets should remain steady heading into November. Grains Corn, soybeans, and soybean meal all posted solid gains, breaking through technical resistance levels and finishing the week higher. Traders appear optimistic about potential trade progress with China, though no official news has confirmed that outlook. Analysts note that fund activity and speculative buying likely drove the sudden rally. Outlook: Grain markets may remain choppy as traders wait for firmer signals on export demand and


