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. While analysts were hinting at corn yield below 150 bushels per acre (bpa), few expected the USDA to drop their forecast from 166 to 146 bpa in last week’s monthly World Agricultural Supply and Demand Estimates (WASDE) report. The USDA reduced projected corn output by 12.3 percent, from 4.79 billion to ...
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Contact: Desiree Torres Desiree.Torres@penton.com