U.S. Livestock Cold Storage Update – Feb ’20
Executive Summary U.S. cold storage figures provided by the USDA were recently updated with values spanning through Jan ’20. Highlights from the updated report include:
- U.S. pork stocks finished higher on a YOY basis for the ninth consecutive month during Jan ’20, increasing by 11.1%.
- U.S. beef stocks remained lower on a YOY basis for the 11th consecutive month during Jan ‘20, finishing down 4.1% and reaching a six year low seasonal level.
- U.S. chicken stocks finished 12.2% higher on a YOY basis during Jan ’20, remaining at a record high seasonal level.