US Mid-Atlantic boneless beef stocks near 10-year February low

Boneless beef stocks in the US Mid-Atlantic region — which includes Philadelphia, a key beef import hub — fell by 4,994 metric tons month-on-month, bringing the total to 111,599 metric tons. Excluding 2018, this is the lowest February boneless beef inventory level in the region in the past 10 years. In 2018, stocks stood at 107,858 metric tons.