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WKBW-TV reports:
Some new numbers are showing that the U.S. has more than 2.5 billion lbs [1.1 million metric tons] of meat in cold storage warehouses, and it's all because Americans aren't eating enough to keep up with supply.
Another reason is that the trade situation is chipping away at global demand.
[...] The U.S. Department of Agriculture projects the industry will produce a record 102.7 billion pounds of meat this year.
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2.5 Billion Pounds of Meat is Piling up in the US as Exports Slow Down
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You'll feel much better once you've given up hope.
(Score: 4, Informative) by DeathMonkey on Thursday July 26 2018, @05:51PM
and how much of the excess is due to falling US consumption vs. falling exports.
US meat consumption is UP! [bloomberg.com]
It's entirely driven by exports being reduced.
FTA: The U.S. meat industry has been meat more reliant on exports in recent years, but Mexico and China — which are some of the largest foreign buyers of meat — have both set tariffs on pork products. The tariffs were in response to U.S. tariffs on steel, aluminum, and other products.
Pretty sure that's related to Trump's dumbass trade war (and that someone is desperately trying to get in front of this story considering the summary is a blatant lie)