Trade disputes and heavy supplies are resulting in more meat piling up in U.S. cold-storage warehouses.
A five percent uptick in beef and pork supplies, plus six percent more poultry reported this week by the USDA are contributing to the total.
An article on Morningstar says U.S. consumers’ appetite for meat is growing, but not fast enough to keep up with record hog and chicken production. Retaliatory tariffs from Mexico and China have raised prices of U.S.
Continue reading Trade disputes lead to more meat in cold storage at Brownfield Ag News.