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. A series of winter storms and heavy snow swept through the Plains states last week, improving soil moisture and wheat prices. At the same time, the storms stressed cattle, hampering cattle feeding and calving, reducing weights and slashing slaughter rates. Wheat prices, which hit a high for the year of $7.91 ...
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