U.S. Livestock Cold Storage Update – Oct ’20
Executive Summary U.S. cold storage figures provided by the USDA were recently updated with values spanning through Sep ’20. Highlights from the updated report include:
- U.S. pork stocks declined to a ten year seasonal low level during Sep ’20, finishing 22.1% below previous year volumes.
- U.S. beef stocks remained at a six year seasonal low level during Sep ’20, finishing 1.5% lower on a YOY basis.
- U.S. chicken stocks declined to a three year seasonal low level during Sep ‘20, finishing down 2.7% YOY.