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.
Poultry – Breasts demand has started to slow and extra supply is becoming available. Wings are in balance in the market. Tenders demand is strong and tenders remain the hardest offering to find. Dark meat demand remains very good. Whole birds are mostly balanced.
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Citrus – Fruit is peaking on 40/36/56ct size Navels. Tight supplies and higher prices, especially for smaller size navels oranges. For most suppliers California Valencia oranges are anticipated to start earlier this season by mid–late–April.
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Seafood – The snow crab season in Newfoundland will be delayed due to the talks breaking down between the fishermen’s union and the processors. Gulf crab availability is very limited and yields premiums as the season barely kicks off. The North Atlantic lobster industry continues to face supply challenges as landings are down significantly in 2023 compared to 2022. Our suppliers are offering substitutions in supplier brand.
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Potatoes – Russets – Supplies are very light on 40–50 ct from most suppliers. 90–120 ct are plentiful. This now looks to be the case through the summer months. Demand is following supply accordingly. Prices are steady for now. Quality is good.
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