Sysco’s Market Corner is a weekly report covering key commodity outlooks to keep you informed and support you in managing your business. Reports are produced every Friday.
Grains/Oil – Soybean oil trading last week was held within a tight range, averaging the week slightly lower. Palm oil trading calmed, helping soy stay relatively flat. Soybean oil stocks are very tight and demand for exports is very strong. Palm oil production fell but exports are down, keeping the value flat. Canola trading also ended flat.
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Bell Peppers – Bell Pepper remains extremely tight. Very little availability in the southeast with very low yields. This is expected to continue until mid–January. Red and yellow bells are also extremely limited supply.
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Romaine Lettuce – Market starting to come off on good demand and moderate to good supplies in Yuma. Heart market is dropping but a bit slower that romaine.
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Poultry – Market has stabilized on most offerings. Breast meat has evened out on all sizes. Jumbo tenders continue to see good availability. Wings are seeing extra availability on larger sizes. Dark meat demand continues to be strong. Whole birds are mostly balanced.
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