"Latest" vs "Quarterly" on pkg.freebsd.org

I thought I'd do some digging on https://pkg.freebsd.org to see why I never got offered any package updates.

For reference, here is my /etc/pkg/FreeBSD.conf. (I do not have a local copy in /usr/local/etc.)
# $FreeBSD: stable/11/etc/pkg/FreeBSD.conf 263937 2014-03-30 15:24:17Z bdrewery $
# To disable this repository, instead of modifying or removing this file,
# create a /usr/local/etc/pkg/repos/FreeBSD.conf file:
#   mkdir -p /usr/local/etc/pkg/repos
#   echo "FreeBSD: { enabled: no }" > /usr/local/etc/pkg/repos/FreeBSD.conf

FreeBSD: {
  url: "pkg+http://pkg.FreeBSD.org/${ABI}/latest",
  mirror_type: "srv",
  signature_type: "fingerprints",
  fingerprints: "/usr/share/keys/pkg",
  enabled: yes

Clearly this URL is referring to here:

But wait... there is another folder under FreeBSD:11:armv6 called "quarterly"... and the modification date on these is nearly a year later.

Does this mean that quarterly packages are actually more recent than latest? And if so, why is latest the default on my installation?
The LATEST repository is supposed to be updated once every week or two and the QUARTERLY every quarter or so.
It seems the LATEST repository hasn't been updated for a year. So yes, in this case QUARTERLY is more up to date compared to LATEST. This is probably because armv6 is not a Tier 1 platform so it has limited manpower.
In that case, why doesn't latest at least mirror quarterly?

EDIT: Here is a post with more info on latest vs quarterly:
A mini-FAQ on pkg

FreeBSD 10 sets the default to "quarterly", but on my RPi image FreeBSD 11 defaults to "latest", which keeps me out of date. It's the opposite problem of what Tier 1 users face : )