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. Last week’s USDA WASDE proved bearish for corn prices. The USDA left U.S. corn balance sheets unchanged, but lowered the 2012-2013 price forecast from $7.60 to $7.40 per bushel. The stocks-to-use ratio remains very tight, at 5.8 percent. Most analysts expected (and still expect) the USDA to further ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?