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Cold Storage

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Red meat in cold storage at the end of November 2023 dropped significantly compared to year-ago levels.

The USDA says red meat stocks were 11% below a year ago thanks to good demand and a decline in production for both beef and pork.

Beef in cold storage was down 13% year-over-year and pork in cold storage was 8% lower compared to year-ago levels.  Pork belly stocks were up 67% from the previous month, but are still running 14% below year-ago levels.

Cold Storage