OTTAWA
,
November 10, 2023
(press release)
–
Stocks of frozen and chilled meats in cold storage facilities totalled 124 282 tonnes as of October 1, 2023, down 1.5% compared with July 1, 2023. This also represents a decrease of 10.6% from October 1, 2022. As of October 1, 2023, stocks of frozen and chilled pork (78 179 tonnes) made up the largest proportion of frozen and chilled meats in cold storage facilities in Canada, followed by stocks of frozen and chilled beef (30 121 tonnes). Stocks of frozen and chilled pork in cold storage facilities were stable as of October 1, 2023, compared with July 1, 2023, though they were down 0.8% when compared to October 1, 2022. As of October 1, 2023, stocks of frozen and chilled beef were down 4.4% compared with July 1, 2023, possibly because of increased beef exports in the third quarter of 2023 compared with the second quarter. In addition, stocks of frozen and chilled beef were down 24.7% from October 1, 2022. Lower cattle slaughter in the third quarter of 2023 compared with the same period in 2022 may have contributed to this decrease. At the national level, Quebec held 47.9% (37 422 tonnes) of the stocks of frozen and chilled pork as of October 1, 2023, while Ontario held 49.8% (15 004 tonnes) of the stocks of frozen and chilled beef.Chart 1
Canadian quarterly stocks of frozen and chilled meats
Chart 2
Quarterly stocks of frozen and chilled pork meats, by province
Chart 3
Quarterly stocks of frozen and chilled beef meats, by province
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
