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ANALYSIS: Turkey Cold Storage, Opposite Poles

As the chart illustrates, June’s month-over-month (MoM) uptick for whole birds of 10.0% aligns with the 5-year average MoM change of 12.6%. However, cold storage inventory of whole turkeys is at the lowest it has ever been for the month of June and is 12.2% lower than the 5-year average. Much of this can be attributed to factors such as HPAI and metapneumovirus. Part of it though, may also be contributed to an effort on the part of some producers not to put up whole turkeys when...

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