National Ag News
Beef, cheese in cold storage at record highs
Feb 23, 2017, 16:34 PM
by
System
The USDA says there are record high amounts of beef and cheese in cold storage.
At the end of January, beef supplies were reported at 537.542 million pounds, up 1% on the year, with high slaughter rates cancelling out generally good demand.
Pork stocks backed off from the record high set last year, down 16% at 526.669 million pounds. That includes a 77% drop in pork bellies, to a new record monthly low of 14.014 million.
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