Lower Red Meat in Cold Storage

Graphic -- Pork in Cold Storage

Cold storage statistics for September reported total red meat down 13.2% to 968.4 million pounds with total poultry meat down 3.2% to just over 1.4 billion pounds. The last time total red meat reached this low for September was 2011 when stocks sank to 944.9 million pounds. The decline in total red meat stocks is due primarily to pork which is down 22.1% to 466.5 million pounds, while beef is down 1.5% to 462.0 million pounds. 

For more on this topic, see the Livestock Monitor article below.