THE HOCKEY SCHTICK: Largest US food distributor declares force majeure on fresh fruit and vegetables due to "devastating" freeze of "unprecedented magnitude"

Sysco, the largest wholesale food distributor in the US and primary supplier to most supermarket chains, has declared force majeure (the "act of God" clause) that allows suspension of contracted prices and supply of fresh fruit and vegetables due to the "unprecedented magnitude" of "devastating" and "extreme freezing temperatures" in a "very broad section of major growing regions in Mexico." Sysco also reports "Florida is normally a major supplier for these items as well, but they have already been struck with severe freeze damage in December and January and up until now have had to purchase product out of Mexico to fill their commitments, that is no longer an option."