Alerts & What’s Trending   Produce Both iceberg lettuce and roma tomato prices rebounded, climbing 12.5% and 11.9% w/w, respectively. However, the tomato uptick appears temporary, while iceberg lettuce might see prices hit $25–$30/carton before easing. No major supply shocks are expected, suggesting produce markets should stabilize heading into the summer growing season.   Grain Grains traded mixed as heavy rains in the U.S. Southern Plains and improved Black Sea weather pressured Kansas City wheat prices lower. Without stronger export demand or a rebound in global weather issues, wheat markets are likely to remain under pressure. Technical support helped prevent further drops, but overall bearish momentum persists.   Dairy Dairy prices slipped, with butter down slightly to $2.33/lb and cheese blocks and barrels both dropping by around 8–9%. Foodservice demand remains weak, while retail demand is steady to higher. Strong milk production is boosting cheese output, which could add additional

Alerts & What’s Trending   Produce Lettuce and tomato prices erased March gains. Lettuce could spike in May, while tomatoes may strengthen through August. Avocados weakened to a nine-week low, with no big relief expected until July. Yellow onions held steady near $5/sack, with potential strength later in May.   Grain Grains were mixed. Soybean oil led gains; Chicago wheat rose 1.6% w/w. Other wheat types lagged. Kansas City wheat was flat to lower, despite rising drought levels. Heavy rain forecast in Oklahoma could ease yield concerns as only 47% of winter wheat is rated good-to-excellent vs. 55% last year.   Dairy Dairy prices edged up on retail promos and foodservice demand. Butter stayed flat at $2.34/lb. CME cheese blocks and barrels both rose to $1.84/lb. Cheese production is strong, supported by rising seasonal milk output and stable to strong retail demand.   Beef April cattle futures climbed 4% to

Alerts & What’s Trending   Produce Tomato and lettuce prices reversed course, trending slightly lower after recent surges—though supply concerns remain. Roma tomatoes may not settle until they hit $20/carton, and iceberg could still spike toward $30. Avocado prices dipped slightly but remain elevated, up over 60% y/y. Expect more movement in April pending tariff developments.   Grain Corn and wheat held mostly flat thanks to early-week gains from USDA reports, but new tariff fears sparked a market-wide sell-off later in the week. Mexico was spared, keeping corn more stable, but tensions with major buyers like China and Japan could pressure prices going forward. Soybeans remain the weakest link due to lack of bullish fundamentals.   Dairy Butter and cheese prices ticked slightly lower amid softening foodservice demand and fewer retail promos. Cheese blocks dropped to $1.62/lb, while barrels nudged up. Butter fell $0.05 to $2.33/lb. Milk output is increasing,