Total red meat supplies in freezers were down 4 percent from last year and up 6 percent from last month. Total supplies for December 2014 were 978,619,000 lbs.

Total pounds of beef in freezers were up slightly from last year and up 11 percent from the last month. Total frozen beef supplies for December 2014 were 441,226,000 lbs., up from 439,368,000 in December 2013.

Frozen pork supplies were down 10 percent from last year, but up 2 percent from last month. Supplies of pork bellies were down 42 percent from last year, but up 37 percent from last month. Total pork supplies for December 2014 were 497,133,000 lbs., down from 554,328,000 in December 2013.

Source: USDA Cold Storage Report