Insights / Supply Chain Resource Center

Vegetables

Commodities Report

Alerts & What’s Trending   Produce Tropical Storm Debby and adverse weather conditions in Mexico and Guatemala are affecting multiple commodities, leading to anticipated extended high market prices and potential supply shortages. The weather conditions in Salinas are favorable, and although a few commodities are experiencing challenges, we are observing consistent supplies and quality.   Grain Soybean oil futures continued lower last week. US beans and South American beans are parity for pricing, so they are very competitive. Despite the much lower price, soybean oil stocks are tight as biodiesel producers are buying it up. Canada is about to have a rail strike causing problems for Canola. Palm oil has remained flat.   Dairy Shell egg markets are up this week. California and Northwest markets are up. The Block & Barrel are increasing. Butter is up.   Beef The market continues to be uneventful. Middle meat inventories continue to be

Meat poultry

Commodities Report

Alerts & What’s Trending   Produce Tropical Storm Debby and unfavorable weather conditions in Mexico and Guatemala are impacting various commodities, resulting in expected prolonged high market prices and possible supply shortages. The temperatures in Salinas are finally beginning to drop, which is aiding in the moderation of growth rates. The growers have managed the heat effectively, and we have navigated the heat wave with minimal significant problems.   Grain The soybean oil market finished higher last Friday, but the weekly average was down about 2%. The soybean market fell as the upcoming WASDE report is expected to report thirty-five million more bushels. Canola moved higher, likely due to the possible Canadian rail strike. Palm was flat for the week.   Dairy Shell egg markets are up this week. California and Northwest markets are up except Mediums are down. The Block is increasing & Barrel decreasing. Butter is flat.