Insights / Supply Chain Resource Center

Meat poultry

Commodities Report 65

Alerts & What’s Trending   Produce Potato prices held flat, but the pre-harvest rally may be topping out. Iceberg lettuce took a nosedive—down nearly 37%—while avocados and tomatoes behaved as expected. No major supply concerns yet. Outlook: Lettuce pricing should stabilize near its short-term floor. Avocados might bump up briefly in early August but should trend lower overall. Expect a quiet few weeks before produce pricing heats up again in late Q3.   Grains Grain prices were down again. The rising dollar and falling soybean prices dragged the market lower—even soybean oil dipped despite improved biofuel demand. Outlook: SBO demand for biofuels is recovering, but not enough to offset broader market weakness. Expect continued pressure unless grain exports surge or weather events shake things up.   Dairy Cheese block and barrel prices both rose slightly, while butter edged up $0.01/lb. Milk output is lighter in hot regions, but manufacturers are

Fresh fish and seafood platter

Commodities Report 64

Alerts & What’s Trending   Produce Roma tomato prices plateaued just shy of $15/carton after a five-week rally. However, possible tariffs on Mexican imports could raise prices again later this fall. Iceberg lettuce prices dropped nearly 15% week-over-week. Avocados are trending lower, but prices may briefly rise in August due to typical supply issues. Potatoes continue their slow, pre-harvest climb. Outlook: Expect a temporary break in tomato and lettuce prices before they edge higher again in Q4. Watch out for potential volatility in avocados, and plan ahead for continued slow increases in potato prices.   Grains Corn prices dropped 2.1% despite extreme heat in the Corn Belt. Traders are waiting for crop condition ratings to decline before reacting. Export sales are strong, but not yet enough to shift market sentiment. Soybean oil was the only grain product to see an increase last week. Outlook: Corn prices may remain soft until

Charcuterie board with meats and cheese

Commodities Report 63

Alerts & What’s Trending   Produce Avocados hit a new low at $45/carton, though supply concerns may push prices higher later this summer. Idaho potatoes continued their steady climb, and iceberg lettuce gained 7% w/w. Roma tomatoes rose again but are likely nearing a short-term plateau. Outlook: Expect modest produce price changes in the near term, with possible late-summer volatility in avocados. Iceberg and tomatoes could rally again as fall approaches.   Grains Grain markets were fairly quiet, with soybeans making the biggest move—rallying nearly 3% after initial bearish news was offset by strong crush data and biofuel optimism. Outlook: Watch for volatility in soybeans as the market responds to shifting demand signals and ongoing speculation around biofuel mandates. Other grains are expected to remain stable for now.   Dairy Butter, block cheese, and barrel cheese all dropped slightly last week. Despite tightening cream and milk supply in some regions,