Alerts & What’s Trending   Produce Unfavorable weather patterns and seasonal decreases in Mexico, Guatemala, and the U.S. continue to affect different growing areas and commodities. Consequently, these issues are expected to result in prolonged periods of higher market prices and possible supply shortages. For the Salinas Valley, weather challenges will continue through July as temperatures have been very hot. While the early harvesting had caused some issues with supplies, the heat wave may now also be a factor in causing more supply issues. While we have been seeing good quality on most items and supply was improving, the heat wave will likely be impacting that progress.   Grain The soybean oil market was on fire last week. Due to the recent market lows, biofuel manufacturers entered back into the market and pushed the market nearly 16% higher. It took Canola oil and palm oil higher, too.   Dairy Shell

Alerts & What’s Trending   Produce Adverse weather conditions and seasonal decline in Mexico, Guatemala, and the U.S. are still impacting various growing regions and commodities. As a result, it is anticipated that these challenges will lead to extended periods of elevated market prices and potential shortages in supply. The Salinas Valley, as well as most of California, is heading for a heat wave, and while the early harvesting has caused some issues with supply, the heat wave may also be a factor in future supply issues. Despite this, the quality of most items has improved, and the supply situation is better. However, we need to closely monitor all commodities as temperatures are expected to exceed 100 degrees in certain areas.   Grain While soybean oil moved lower last week, the sideways trading trend continues. The USDA released its acreage report and corn won some acres over soybeans. Soybeans are

Alerts & What’s Trending   Produce The seasonal decline, adverse weather conditions, and the ongoing lack of USDA inspectors have continued to affect multiple growing areas and commodities. Consequently, these difficulties are expected to result in prolonged higher market prices and potential supply shortages. The Salinas Valley is experiencing a continuation of warmer weather. Although early harvesting led to some supply issues, there has been gradual improvement. Most items are showing good quality, and there has been an improvement in the supply of liner and romaine. Prices are still high, but there is hope for relief in the near future.   Grain The soybean oil market continues trading flat. Next week we expect the USDA acreage report. There are some concerns for upper Midwest growing regions as they are very wet. Canada, too, has some very wet weather causing some concerns, which have not yet made its way into pricing