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. Global forces continue to dominate U.S. commodities. Weaker foreign demand and a lower-than-expected U.S. export report helped corn futures drop from $7.61 to $7.37 last week. Wheat futures also weakened to $8.63 but remain well supported by tight world supplies. A drought in Europe's Black Sea region ...
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Contact: Desiree Torres Desiree.Torres@penton.com