The USDA says there were record amounts of beef, poultry, and cheese in cold storage at the end of August.
Beef supplies were reported at 503.449 million pounds, an increase of 6% on the year and more than 60 million pounds above the five-year average. Boneless beef cuts also hit a new end of August record high. Higher than a year ago slaughter levels, trade tensions affecting exports, and the loss of some domestic market share to pork and poultry contributed to the new all-time high.
Continue reading Several new record highs in cold storage update at Brownfield Ag News.
