U.S. Livestock Cold Storage Update – Nov ’19
Executive Summary U.S. cold storage figures provided by USDA were recently updated with values spanning through Oct ’19. Highlights from the updated report include:
- Oct ’19 U.S. pork stocks increased contraseasonally while finishing 7.6% higher on a YOY basis, reaching a record high seasonal level.
- Oct ’19 U.S. beef stocks declined contraseasonally to a five year low seasonal level, finishing down 9.6% on a YOY basis.
- Oct ’19 U.S. chicken stocks reached a record high seasonal level, finishing 1.4% higher YOY.