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 11.1 million head, no change from last month and 2 percent above a year ago. New feedlot placements in May were 15 percent above last year, reversing April’s 15 percent decline. Drought is once again threatening the southern plains, pastures ...
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