date:Apr 25, 2014
Inventories of meat in cold storage in the US are well below year ago levels, according to the US Department of Agricultures monthly Cold Storage report for the end of March.
While the drop in cold stores is represented across all the major meats, it is beef that has fallen the most in the last year, report market analysts at Meat and Livestock Australia.
Inventories are down 21 per cent , to 364 million lbs (165,000 tonnes) of boneless beef and 41 million lbs (18,500 tonnes) of beef cuts.
Po