ANALYSIS: Turkey Cold Storage Breaks Record Low Streak as Parts Inventory Builds

The turkey cold storage report for May showed that the market followed seasonal trends for most lines, a notable exception being MST. Total cold storage was up 2.4% from last year. This was the first time this year that inventories were not at a new record low and is likely a result of significantly diminished demand for most of the parts and raw materials. The change from April to May was an increase of 10.7%, just slightly higher than the five-year average...

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