Red meat in cold storage swells

The USDA’s cold storage numbers for May reflect slower consumer demand for beef and pork.

Beef supplies at the end of May were a monthly record at 519.833 million pounds, a jump of 25% on the year, well above the 3% year over year increase in beef production.

Pork came out at 543.079 million pounds, 17% more than last year, following a 5% rise in production from May 2021 to May 2022.

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