January Cold Storage Report

January butter stocks totaled 118.9 million pounds, up 37.2 million pounds or 46 percent from December but 49.2 million pounds or 29 percent below January 2011, according to preliminary data in the Agriculture Department’s latest Cold Storage report issued this afternoon.   

The January American cheese inventory, at 639 million pounds, was up 8.2 million pounds, or 1 percent from December, and 50.8 million pounds or 9 percent above a year ago. 

Total cheese stocks amounted to over 1.051 billion pounds, and was unchanged from December, but 70.1 million pounds or 7 percent above a year ago.

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