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Pork Inventories Declined 11.2% in March, Beef Down Too

April 22, 2014
Beef Meat Grocery
Pork and beef inventories both dropped during March, according to the USDA.  
 
 

Pork stockpiles in the U.S. dropped 11.2 percent at the end of March from a year earlier, the government said.

Warehouses held 575.223 million pounds of pork, down from 647.784 million on March 31, 2013, the U.S. Department of Agriculture said today in a report. Inventories declined 12.1 percent from the end of February.

As of March 31, stockpiles of pork bellies, which are cured and sliced to make bacon, jumped 54.9 percent from a year earlier to 79.721 million pounds, according to today’s report. Warehouse supplies of ham declined 5.2 percent from a year earlier to 89.6 million pounds.

Chicken-meat inventories at the end of March were 6.4 percent smaller than a year earlier at 588.173 million pounds, the USDA said. Beef supplies fell 20.8 percent from a year earlier to 404.754 million pounds as of March 31, the report showed.

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RELATED TOPICS: Beef, Hogs, Poultry, Livestock, News, Packer, Beef News

 
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