ANALYSIS: Chicken Cold Storage, Cracking Open the Freezer Doors
The latest Cold Storage Report generally aligns with the monthly movement observed over the past five years, while also shining light on the notable reduction in year-over-year (YoY) inventory holdings. Total public warehouse stocks through the end of March hit 763.7 million pounds, which represents a 10.5% retreat from a similar period back in ’23. This coincides with the relatively well-accounted-for supply state on the street, along with the negative impact that disease and low hatchability continue to have on the production front...
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