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Red meat in cold storage shoots sharply higher

Record beef production pushed supplies in cold storage to the largest end-of-June level on record.

The USDA says beef in cold storage at the end of June was 516.203 million pounds, up 29% on the year, including a 26% year-to-year jump for boneless beef.

Pork in cold storage came out at 540.993 million pounds, 22% above a year ago due to slower demand, with a record large supply of ribs, but that’s still well below the all-time end-of-June high.

Red meat in cold storage shoots sharply higher

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