U.S. Livestock Cold Storage Update – Jan ’20
Executive Summary U.S. cold storage figures provided by USDA were recently updated with values spanning through Dec ’19. Highlights from the updated report include:
- Dec ’19 U.S. pork stocks finished 15.0% higher on a YOY basis, reaching a record high seasonal level.
- Dec ’19 U.S. beef stocks remained lower on a YOY basis for the tenth consecutive month, finishing down 2.9% and reaching a five year low seasonal level.
- Dec ’19 U.S. chicken stocks finished 9.1% higher on a YOY basis, reaching a record high seasonal level.