U.S. pork and beef stocks during February posted year to year declines.
The USDA says pork in cold storage was down 9% on the year at 571.966 million pounds, with high production levels limited by good domestic and export demand. That included a 74% drop in pork bellies to a new all-time monthly low to 16.152 million pounds.
Beef stocks were down 1% from last year’s record high, at 502.429 million pounds.
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