USDA’s Cold Storage Report showed 428.1 million lbs. of beef in frozen storage at the end of February, down 27.0 million lbs. from January versus the five-year average decline of 10.6 million pounds. Beef inventories declined 9.9 million lbs. (2.3%) from February 2024 and 69.2 million lbs. (13.9%) from the five-year average.
Pork stocks totaled 423.1 million lbs., up 15.9 million lbs. from January, slightly less than the five-year average increase of 17.9 million lbs. for the month. Pork stocks declined 35.5 million lbs. (7.7%) from year-ago and 94.8 million lbs. (18.3%) from the five-year average.
Total poultry inventories stood at 1.087 billion lbs., including a February record 254.6 million lbs. of chicken breast meat. Chicken breast stocks climbed 5.8 million lbs. from January and 20.9 million lbs. from year-ago.