U.S. Livestock Cold Storage Update – Apr ’18
Executive Summary U.S. cold storage figures provided by USDA were recently updated with values spanning through Mar ’18. Highlights from the updated report include:
- Mar ’18 U.S. pork stocks increased on a YOY basis for the fourth consecutive month, finishing up 12.0%, while chicken stocks increased 13.9% YOY to a record seasonal high for the month of March, finishing higher for the eighth consecutive month.
- Mar ’18 U.S. beef stocks increased contraseasonally while finishing flat on a YOY basis. Beef stocks had finished lower YOY over 13 consecutive months through Feb ’18.
- Overall, Mar ’18 combined U.S. pork, beef and chicken stocks reached a record seasonal high for the month of March and finished within 1.7% of the overall monthly record high experienced during Jan ’16.