Market Trends 11-1-2024

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The Market Trends report outlines significant impacts of Hurricanes Helene and Milton on Southeast agricultural production, with major supply chain disruptions affecting citrus, corn, tomatoes, and other key crops in Georgia and Florida. Assessments indicate some growers may salvage less than 30% of crops, leading to anticipated supply challenges over 6-8 weeks. Market conditions show California table grapes maintaining strong supply despite heat-related losses, while pineapple shortages continue and mushroom supplies face weather-related constraints. The report details shifting market dynamics across produce, proteins, and key commodities sectors, with particular attention to weather impacts on supply chains and pricing trends.

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