U.S. Livestock Cold Storage Update – May ’18
Executive Summary U.S. cold storage figures provided by USDA were recently updated with values spanning through Apr ’18. Highlights from the updated report include:
- Apr ’18 U.S. pork stocks increased on a YOY basis for the fifth consecutive month, finishing up 8.7%, while U.S. beef stocks increased 2.9% YOY, finishing higher on a YOY basis for the first time in the past 15 months.
- Apr ’18 U.S. chicken stocks declined contraseasonally but remained up 8.8% YOY, finishing at a record seasonal high for the month of April.
- Overall, Apr ’18 combined U.S. pork, beef and chicken stocks reached a record seasonal high for the month of April and finished within 0.1% of the overall monthly record high experienced during Jan ’16.