John T. Barone, president and commodities analyst for Market Vision Inc.
In this weekly Commodities Watch column, John T. Barone, president and commodities analyst for Market Vision Inc., offers a snapshot of the state of commodities for restaurants. Friday’s USDA cattle report showed feedlot inventories at 11.19 million head, a decrease of 5.6 percent compared to a year ago. December's new feedlot placements, at 1.66 million head, were 0.5 percent below last year and 0.2 percent below the five-year average. Feedlot numbers are likely to continue ...
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