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.
Weather and COVID are affecting overall fresh chicken production this week. Wings are more available on all sizes. Tenders are becoming more available. The random breast market is increasing as there is some constraining of supply
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The market demand continues to soften, packers continue to maximize profits before year end, harvesting as many animals as possible. Strips continue to outperform ribs and psmos; although, middles continue to depreciate. Chucks and rounds are following seasonal trend, as they slow into December.
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The natural and mozzarella cheese markets are down while the processed cheese markets are up for the week. Production has been weeker but inventories are good. The butter market is higher. Eggs are higher for the week largely due to retail demand.
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