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 11.86 million head, a decrease of 7.0 percent from a year ago. Feedlot placements in February were 13.5 percent below last year, and the numbers are expected to continue falling into summer. Beef output in the first quarter will be nearly 2 percent ...
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