U.S. Livestock Cold Storage Update – Sep ’20
Executive Summary U.S. cold storage figures provided by the USDA were recently updated with values spanning through Aug ’20. Highlights from the updated report include:
- U.S. pork stocks remained at a nine year seasonal low level during Aug ’20, finishing 22.9% below previous year volumes.
- U.S. beef stocks declined to a six year seasonal low level during Aug ’20, finishing 2.1% lower on a YOY basis.
- U.S. chicken stocks declined on a YOY basis for the first time in the past 11 months during Aug ‘20, finishing down 0.7%.