Market Trends 10-18-2024

The market trends report for the week ending October 18, 2024 highlights severe disruption in the Southeast from both Hurricane Helene and Hurricane Milton, with particular impact on fresh produce from South Georgia and Florida. Key affected commodities include citrus, corn, tomatoes, bell peppers, strawberries, and green beans. The report also notes continued challenges with pineapple shortages, mushroom supply issues due to weather impacts and virus pressure, transitioning Mexican avocado production, and a looming gap in the Valencia orange season. Market updates across proteins show varied performance, with strengthening beef prices in certain cuts as processors prepare for holiday demand, while dairy markets experienced sharp declines across cheese, butter, and fluid milk segments.