
Wholesale fresh and dry vegetable prices rose 27% last month after a 31% jump the previous month, while overall wholesale food prices are up 1.7% year on year. Warm weather, crop disease and insect infestations have cut California lettuce and leafy green harvests, and higher fertilizer, fuel and truck freight costs linked to the Iran war are adding to costs.
Higher producer and freight costs feed through to food inflation and can lift input costs for livestock and feed operations, while lower leafy vegetable supply tightens fresh produce markets.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.