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 quarterly grain stocks report came in mostly as expected. Planted corn remains at a record-high of 96.4 million acres, which is 5 percent above last season. Corns stocks on June 1 were at 3.15 billion bushels, down 14 percent from a year ago and the lowest since 1998. Soybean stocks and ...
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