
Commodities Report 79
Alerts & What’s Trending Produce After several weeks of steady increases, lettuce finally cooled off. Iceberg prices dropped 21% week-over-week, landing back near $40/carton after racing past $50 just a week prior. Other lettuce types held firm, while tomato markets also settled — large romas eased as overall tomato demand remained softer than usual for this time of year. Outlook: Iceberg could stabilize or rebound slightly in the short term, but with the seasonal peak near, prices are likely to ease through late November. Tomato markets may remain steady-to-soft, offering some cost relief for operators heading into the winter months. Grains Grain markets were volatile last week, swinging on mixed trade signals. Corn, soybeans, and both major winter wheat varieties finished lower. The optimism around a U.S.–China trade truce cooled as China made new soybean purchases from Brazil at lower prices, reinforcing competitive tension. Wheat markets dipped when


