The U.S. Department of Agriculture ( USDA ) cold storage report was released Thursday after the close of livestock futures trading.
The USDA cold storage report showed total red meat supplies in the nations freezers on January 31st were up 2 percent from December and down 9 percent from a year ago. Stocks of frozen beef fell 5 percent from December and were up 1 percent from a year ago. Stocks of frozen pork were up 11 percent from last month and down 16 percent from a year ago.
