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 10.7 million head, down 3.3 percent from last month but still 2.7 percent above a year ago. New feedlot placements in June were 1.8 percent below last year. Separately, the USDA’s semi-annual cattle inventory report showed total herd numbers ...

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