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. In last week’s World Agricultural Supply & Demand Estimate, the USDA left 2012/13 corn-crop yield and ending stocks both unchanged despite drought-like conditions throughout much of the Corn Belt. Most analysts at least expected a drop in the USDA’s very optimistic projected yield of 166 bushels ...
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