Meat stockpiles at record high

A record amount of meat is piling up in U.S. cold-storage warehouses. Federal data expected to be released Monday will show more than 2.5 billion pounds of beef, pork, poultry and turkey being stockpiled in U.S. facilities, predict agriculture analysts. Record production of hogs and chickens is exceeding consumers’ demand for meat, and both Mexico and China — big export markets for American meat — have both set tariffs on U.S. pork products. The meat stockpiles may lead to cheaper prices for consumers, restaurants and retailers.