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Red Meat and Poultry in Cold Storage. USDA

Vol. 13, No. 60 / March 24, 2015 usda released on Monday, March 23, the results of its monthly survey of refrigerated warehouses and we think the results have bearish implica ons for beef, pork and chicken. Below are some of this highlights from this report Total supplies of beef, pork, chicken and turkey in cold storage at the end of February were reported at billion pounds, higher than a year ago and higher than the five year average. The normal increase from January to February is about 1-2% but this year it was 6%, which could imply that a slowdown in demand coupled with larger than expected produc on pushed more product into freezers.

Vol. 13, No. 60 / March 24, 2015 USDA released on Monday, March 23, the results of its monthly survey of refrigerated warehouses and we think the results have bearish ...

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