The U.S. Department of Agriculture’s latest “Cold Storage” report showed total frozen poultry supplies on Oct. 31, 2016, were down 9% from the previous month and down 3% from a year ago. Total stocks of chicken, at 774.0 million lb., were up 1% from the previous month but down 10% from last year. Total turkey in freezers was 396.3 million lb., down 22% from last month but up 13% from Oct. 31, 2015.
Total red meat supplies in freezers were down 3% from the previous month but up 1% from last year at 1.17 billion lb., which USDA said was the most on record for the month of October. Total beef in freezers was 532.3 million lb., a 3% increase from the previous month and a 5% increase from last year. Frozen pork supplies, at 598.0 million lb., were down 7% from the previous month and down 1% from last year. Stocks of pork bellies were down 17% from last month but up 16% from last year.
Total natural cheese stocks in refrigerated warehouses on Oct. 31, 2016, were 2% lower than the previous month but 6% higher than last year. Butter stocks were down 15% from last month but were 27% higher than a year ago.