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 10.62 million head, a decrease of 0.2 percent from last month and a decrease of 0.6 percent from last year. New feedlot placements in July and August 2012 have averaged 11 percent below last year’s huge, drought-induced placements. ...
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