ANALYSIS: Turkey Cold Storage: Signs of the Season
For players on the turkey side, May’s Cold Storage Report brought with it a few eyebrow-raising yearly comparisons, however the monthly figures themselves generally coincided with historic seasonal expectations and day-to-day market dialogue.
Total inventories topped out the month at 401.2 million pounds, which not only represents a 6.2% year-over-year (YoY) advance, but also marks the sixth consecutive increase since December ‘21. That said, the rate of expansion has gradually lessened over the past several months.
As the industry moves forward and away from the HPAI-related...
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