U.S. Livestock Cold Storage Update – Apr ’20
Executive Summary U.S. cold storage figures provided by the USDA were recently updated with values spanning through Mar ’20. Highlights from the updated report include:
- U.S. pork stocks finished higher on a YOY basis for the 11th consecutive month during Mar ’20, increasing by 2.2% and reaching a five year high seasonal level.
- U.S. beef stocks increased on a YOY basis for the second consecutive month during Mar ‘20, finishing up 11.2% and reaching a seven year high seasonal level.
- U.S. chicken stocks finished 6.1% higher on a YOY basis during Mar ’20, remaining at a record high seasonal level.