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ANALYSIS: Turkey Shortage Deepens: March Stocks Drop Below 2022 Levels
The total volume of turkey in cold storage has fallen below 2022 to reach a new all-time low in March. Since October 2024, there has been an ongoing trend of year-over-year (YoY) declines in the total amount of frozen turkey. This is largely attributed to low production figures and a relatively high number of disease-related issues. The total number of turkeys processed has been at an all-time low since November 2024, and this year's year-to-date (YTD) HPAI detections are at the second-highest value on record. Additionally, market discussions have suggested that avian metapneumovirus has been responsible for substantial increases in mortality...
Vertical Cold Storage Adds 10th Facility to Network
Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, has entered into a purchase agreement to acquire the frozen distribution center from Dothan Warehouse in Dothan, AL. The Dothan facility focuses on poultry for export markets and is located close to several interstate highways, enabling less than one day delivery to the ports of Jacksonville, FL; Mobile, AL; New Orleans, LA; Panama City, FL; and Savannah, GA. The operation employs 40...
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