U.S. Livestock Cold Storage Update – Jul ’20
Executive Summary U.S. cold storage figures provided by the USDA were recently updated with values spanning through Jun ’20. Highlights from the updated report include:
- U.S. pork stocks declined to an eight and a half year low level during Jun ’20, finishing 25.0% below previous year volumes.
- U.S. beef stocks remained higher on a YOY basis for the fifth consecutive month during Jun ‘20, finishing up 5.5%.
- U.S. chicken stocks declined to an 11 month low level but remained higher on a YOY basis for the ninth consecutive month during Jun ‘20, finishing up 2.2%.