Jul 24, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

10/21: Cold Storage Report: Pork Stocks Above Expectations, Beef Stocks Lower

October 21, 2011
By: Brian Grete, Pro Farmer Editor

Total pork stocks in storage as of Sept. 30 totaled 490.713 million pounds. That was well above the average pre-report trade guess of 454.7 million pounds. Pork stocks increased 10.8% from August and 15.6% from Sept. 2010.

Total beef stocks were reported at 428.081 million lbs., which was below the pre-report trade guess of 433 million pounds. Beef stocks were virtually unchanged from August, but 7.9% above year-ago.

Total poultry stocks came in at 1.194 billion lbs., which was 2.8% lower than month-ago and 0.4% higher than year-ago.

The much-higher-than-anticipated pork stocks would suggest that supplies were heavier than believed and/or demand wasn't as strong as expected during September.

Link to report



See Comments


Log In or Sign Up to comment


No comments have been posted



Receive the latest news, information and commentary customized for you. Sign up to receive Beef Today's Cattle Drive today!. Interested in the latest prices for cattle in your area? See highlights of the latest for-sale cattle in the Cattle-Exchange eNewsletter.

The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions