The monthly cold storage report shows bigger than expected month to month demand for pork and beef, primarily due to strong export demand, but supplies remain well above a year ago.
USDA placed beef in cold storage at 434.51 million pounds, down 5% from last month but up 16% from last year.
Pork came out at 496.627 million pounds, 9% below a month ago but 20% above a year ago.
The closely watched pork belly stocks were down 18% on the month but up 33% on the year at 47.039 million pounds.
Frozen poultry was pegged at 1.266 billion pounds, an increase of 5% from last month and 8% from last year.
Chicken made up the bulk of the total at 750.465 million pounds, 1% below a month ago but 13% above a year ago.
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