Swollen US meat inventories mirror demand headwinds


SLUMPING demand for meat on the US West and East Coasts boosted pork, beef and chicken inventories to some of their highest levels in years, analysts said following Friday's US Department of Agriculture (USDA) monthly cold storage report.

Meat processors and grocers normally stash hams in freezers...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to