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Drop in U.S. Frozen Poultry Inventory
WASHINGTON - Mar 22/07 - SNS -- Total frozen poultry supplies at the end of February were down 3% from the previous month, and 24% below last year, according to the USDA's latest report on agricultural products in cold storage.
At 626.4 million pounds, total stocks of chicken were down nearly 50 million pounds from the previous month, and down 32% from last year. Frozen egg stocks were down 9% on the month at 15.7 million pounds.
At 318 million pounds, total pounds of turkey in freezers were up 8% from last month and up roughly 3 million pounds from last year.
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