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Monday, June 16, 2008

Food Cost Under Uncertainty

With the current flooding in Iowa, America's major grain crops will likely have a lower yield in 2008. There are many factors in determining your food cost percentage. Commodity markets play a major roll in your cost of goods sold. Let's take a look at last week's market activity. The information below is provided by Foodservice.Com where you will find excellent market price data. Corn Oil has more than doubled in price since last year.

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