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. The December USDA cattle report showed feedlot inventories at 11.33 million head, down 6 percent from a year ago. November feedlot placements at 1.92 million head were better than expected but still 5.6 percent below last year. Fewer cattle foreshadow record-high beef and cattle prices for 2013. In 2012, ...
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