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Red meat stocks down 8%

 

USDA reports red meat stocks on September 30 were down 8% on the year at 960.361 million pounds. Beef came out at 373.344 million pounds, 16% less than last year, and pork was pegged at 544.998 million pounds, 4% lower than a year ago.

Poultry supplies declined 10% to 1.102 billion pounds. Chicken made up most of that, 614.290 million pounds, a 9% decrease, and turkey accounted for 484.547 million pounds, a 10% year to year drop.

USDA’s livestock and poultry slaughter numbers for September are out Thursday.