WASHINGTON (RFD-TV) — The USDA’s August Cold Storage report shows shifting stock levels across major dairy, meat, and poultry products.
Butter & Cheese
Natural cheese supplies in refrigerated warehouses ended the month one percent lower than in July, but two percent higher than a year earlier.
Butter stocks continued to tighten, down eight percent month-over-month and six percent year-over-year, reflecting strong domestic demand.
Poultry
Frozen poultry supplies were mixed. Total stocks were slightly lower than both July and last August, with chicken inventories down two percent from July but still four percent above the previous year.
Turkey supplies increased by three percent from July but fell by eight percent from 2024 levels.
Beef & Pork
Red meat inventories were also reduced. Total freezer stocks declined by two percent from July and by seven percent from last year. Beef supplies edged one percent lower from the previous month but remained two percent above last year.
Frozen pork dropped three percent from July and 13 percent from 2024, with pork bellies sharply lower, down 25 percent from July.
Fewer placements and historically low marketings point to tighter cattle supplies ahead, with Nebraska and Kansas gaining ground as Texas feedlots face supply pressure and the threat of New World Screwworm.
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USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.
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Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
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