The Cold Storage report for January showed that red meat and poultry supplies rose from the month ending December, but total supplies are down from a year ago and well below the 5-year average. Total supplies were 1.878 billion pounds, down 2.5 percent from a year ago. This indicates a tightening supply of meat and poultry heading into 2026.
Total poultry supplies at the end of January were up 3 percent from the previous month but down 3 percent from a year ago. Total stocks of chicken were down 4 percent from the previous month and down 1 percent from last year. However, chicken legs were at 108 percent of last year. Chicken exports largely come from leg quarters, and the HPAI restrictions affected those stocks. Total pounds o...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...