The cause, I suspect, is as described by Gard* et al (2010, p7) who discusses this effect in pale timbers, such as maple: it is “enzymatic oxidation of accessory phenolic compounds” especially in the case of thicker boards, and is the result of too slow drying of freshly milled boards. Immediate end rearing of freshly milled sycamore is one technique to alleviate the problem prior to seasoning, either air drying or kiln drying. If the converted wood is to be kiln dried the generally accepted practice is to immediately sticker up the planks, get the stack into the kiln equally quickly, and start the drying swiftly using temperatures below 30º C until the wood reaches about 20 per cent MC. Thereafter dry as normal for furniture grade wood. This particular cause of discolouration can affect a range of other wood species such as beech, ash, alder, birch, et cetera. Slainte.
*Gard WF, et al, (2010) Discolouration of timber in connection with drying, Cost Action E53, Working Group 2 [Online] Available at: <http://www.coste53.net/downloads/Literature/Discolouration%20of%20timber%20in%20connection%20with%20drying/Discolouration_of_timber_in_connection_with_drying.pdf> [Accessed May 10, 2013]