U.S. Livestock Cold Storage Update – Oct ’19
Executive Summary U.S. cold storage figures provided by USDA were recently updated with values spanning through Sep ’19. Highlights from the updated report include:
- Sep ’19 U.S. pork stocks declined contraseasonally to an eight month low level but remained 1.6% higher on a YOY basis.
- Sep ’19 U.S. beef stocks declined contraseasonally to a five year low seasonal level, finishing down 8.5% on a YOY basis.
- Sep ’19 U.S. chicken stocks remained lower on a YOY basis for the ninth time in the past ten months, finishing down 4.5% but remaining at the second highest seasonal level on record.