Market Briefs 8/3/2022
Beef in cold storage hits recordRecord beef production, spurred by drought conditions in the West that have forced ranchers to liquidate their cattle herds, pushed supplies in cold storage to the largest end-of-June level on record, according to the twice-a-year cold storage report from the U.S. Department of Agriculture (USDA).
The USDA said last week that beef in cold storage at the end of June was 516.203 million pounds, up 29% year-over-year, Brownfield reported.
Pork in ...
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