Total red meat supplies in freezers were down 8 percent from the previous month and down 14 percent from last year.

Frozen pork supplies were down 12 percent from the previous month and down 11 percent from last year. Stocks of pork bellies were down 9 percent from last month but up 55 percent from last year

Total pounds of beef in freezers were down 1 percent from the previous month and down 21 percent from last year.

Read more from the USDA's Cold Storage Report.