Market Trends 10-11-2024
The market trends report for the week ending October 11, 2024 highlights major disruptions in the produce industry, with Hurricane Helene causing widespread devastation in the Southeast and a dockworkers' strike affecting East and Gulf Coast ports. The report details supply chain impacts, including shortages of pineapples and bananas due to port disruptions, early ending of California's table grape season, tight mushroom and leafy green supplies, and transitions in Mexican avocado production. Comprehensive market updates cover proteins, dairy, and commodities, with notable movements in beef prices showing mixed performance across different cuts, while dairy markets trended lower across cheese, butter, and fluid milk segments.
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