Carcass weights and frozen supplies spike higherCarcass weights and frozen supplies spike higher
Total pounds of frozen beef at the end of September were record-large for the month; the data series began in 1915. Frozen pork supplies were record high for the month of September, too.
October 23, 2015
Although expected, Thursday’s monthly Livestock Slaughter report from the National Agricultural Statistics Service provided perspective to the much-discussed bubble of extra-heavy cattle. There were 2% fewer fed cattle slaughtered under federal inspection in September compared with the previous September—with the same number of possible production days. But, beef production from those cattle was 1% more—2.06 billion pounds. At 1,386 pounds per head, the average slaughter weight was 3% more than last year—an additional 39 pounds per head.
Related to that, total pounds of frozen beef at the end of September were record-large for the month; the data series began in 1915. According to the monthly Cold Storage report, there was 6% more beef in freezers compared with the previous month and 31% more than the same time a year earlier.
Frozen pork supplies were record high for the month of September, too. Frozen pork at the end of September was 19% more than a year earlier.
Total red meat in storage was 2% more than the previous month and 24% more than the previous year. Total red meat in cold storage was also record-large for the month, going back to 1916.
Total frozen stocks of chicken were 2% more than the previous month and 28% more than a year earlier.
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