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. Grain prices appear to have stabilized. Corn futures, at $8.02 per bushel, have been in the $7.79 to $8.31 range since mid-July. The International Grains Council said 2012–2013 world corn output will decrease 4 percent from a year ago, with global corn supplies falling to a six-year low. However, Brazil, ...
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Contact: Desiree Torres Desiree.Torres@penton.com