End-of-year corn prices stabilize, wheat prices drop

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 monthly WASDE report, the USDA cut its forecast for 2013-2014 U.S. corn ending stocks by a larger-than-expected 95 million bushels to 1.79 billion bushels due to higher projections for exports, ethanol usage and livestock

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