In the USDA’s monthly Cold Storage report, total red meat supplies in freezers were up slightly from the previous month but down 5 percent from last year. Total pounds of beef in freezers were down 5 percent from the previous month and down 9 percent from last year. Frozen pork supplies were up 2 percent from the previous month but down 2 percent from last year. Stocks of pork bellies were up 4 percent from last month but down 5 percent from last year.
Total frozen poultry supplies on April 30, 2019 were up 2 percent from the previous month and up slightly from a year ago. Total stocks of chicken were up 3 percent from the previous month and up 3 percent from last year. Total pounds of turkey in freezers were up slightly from last month but down 5 percent from April 30, 2018. Chicken stocks were reported at 893.6 million pounds, a new record for that date, up 2.9% from the previous month and 3% over a year ago. The figure was 17% above the five-year average of 764 million pounds.
Get your turkeys now! Not really, but something to certainly to keep an eye on.
