ANALYSIS: US Red Meat Cold Storage Stocks Decline on Coasts MoM
According to the latest USDA cold storage report, boneless beef stocks declined in March compared to February, with the Middle Atlantic region down 6% and the Pacific region down 5%. Both areas serve as key entry points for imported beef, with cold storage typically the first stop after arrival at a port.
Despite the implementation of new tariffs, imported frozen beef remains competitively priced relative to domestic fresh product. This price advantage has influenced cold storage dynamics, as buyers draw down inventories for immediate...
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