U.S. Livestock Cold Storage Update – Dec ’20
Executive Summary U.S. cold storage figures provided by the USDA were recently updated with values spanning through Nov ’20. Highlights from the updated report include:
- U.S. pork stocks declined to a ten year low level throughout Nov ’20, finishing 28.0% below previous year volumes.
- U.S. beef stocks finished higher on a YOY basis for the second consecutive month throughout Nov ’20, increasing by 6.9%.
- U.S. chicken stocks declined to a four year low seasonal level throughout Nov ‘20, finishing down 9.9% on a YOY basis.