
Commodities Report 59
Alerts & What’s Trending Produce Avocado prices ended their 11-week slide with a minor uptick. Roma tomatoes dropped another 1.5%, though losses have slowed compared to May. Outlook: While avocados are entering their most volatile season, pricing is not expected to spike dramatically. Tomato prices may see short-term corrective strength but are unlikely to trend upward until September. Grain The grain market paused last week after the EPA’s renewable volume announcement. Wheat led gains amid a delayed U.S. harvest and geopolitical concerns, though Chicago wheat was the primary mover. Outlook: Wheat prices may retreat by early July as harvest delays resolve. Expect short-lived volatility, but no sustained price run-ups unless weather issues persist into mid-summer. Dairy Cheese and butter prices dipped slightly despite steady retail demand. Blocks and barrels both landed at $1.69/lb. Cream availability remains tight in some areas, and butter remains competitively priced for export markets.


