Total red meat supplies up 1% on the year

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Total red meat supplies up 1% on the year

The USDA says domestic meat supplies in cold storage at the end of February were mostly above year-ago levels.

Total red meat supplies were up 5% on the month and 1% on the year.  Beef supplies were up 1% on the month and 4% on the year. Pork stocks were up 11% on the month, but down 1% on the year, with stocks of pork bellies up 12% from last month and up 34% from last year.

The total for poultry was up 6%, with chicken stocks increasing 2% year-over-year, while turkey declined 8%

The USDA’s next set of supply and demand estimates is out April 8th.

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