According to the USDA's latest Cold Storage report, total meat supplies in freezers were down 6 percent from the previous month but up 15 percent from last year.

Frozen pork supplies were down 7 percent from the previous month but up 20 percent from last year. Stocks of pork bellies were down 25 percent from last month but up 1 percent from last year

Total pounds of beef in freezers were down 5 percent from the previous month but up 9 percent from last year.