Alerts & What’s Trending   Produce The volatile markets across various commodities have been attributed to weather-related problems such as excessive heat and rainfall and a shortage of USDA inspectors, specifically affecting the avocado industry. As a result, it is anticipated that these challenges will lead to higher market prices and potential gaps in supply. The temperature in the Salinas Valley is rising, and the early harvest is still causing supply problems, but there has been a gradual improvement. Although the warmer weather is beneficial, it will take time to recover fully. Consequently, we can expect volatile markets for most commodities.   Grain Soybean oil traded within a very tight range and was flat for the week. Palm oil supply and demand is balanced, and Canola followed palm and soy. From actual activity, the markets were very busy. Planting for soybean and Canola is really moving nicely with good weather.

Alerts & What’s Trending   Produce Weather conditions are once again causing disruptions on both the east and west coasts, leading to a slowdown in the progress we had observed in recent weeks. As a result, markets are experiencing an increase in prices due to lower yields. The Salinas Valley’s weather conditions are still hindering acreage productivity. To keep up with demand, the industry is harvesting early, leading to a limited supply of crops. Below-average ground temperatures stunt crop growth, resulting in high commodity market prices. Regrettably, this unfavorable weather pattern is forecasted to persist into June.   Grain The whole soybean complex was lower. The lower markets are pointing to lower soybean oil in the future. Crush margins are falling again for crushers, which, if sustained, could lead to higher basis levels. Planting is doing very well. It is wet in some areas, but overall planting for beans is