U.S. Pork Supply in Cold Storage Fell 17% in April, USDA SaysMegan Durisin
U.S. pork stockpiles decreased about 17 percent at the end of April from a year earlier on lower supplies of hams and ribs, the government said today.
Warehouses held 584.1 million pounds of pork, compared with 701 million pounds (about 318,000 metric tons) on April 30, 2013, the U.S. Department of Agriculture said today in a report. Inventories climbed 1.5 percent from the end of March.
As of April 30, inventories of pork bellies, which are cured and sliced to make bacon, rose 46.8 percent from a year earlier to 82.7 million pounds, according to today’s report. Warehouse supplies of ham decreased 35.6 percent from a year earlier to 81.8 million pounds, while rib supplies shrank 3.2 percent to 116.7 million.
Beef supplies fell 21.1 percent from a year earlier to 402.3 million pounds, the report showed. Chicken-meat inventories were 15.3 percent smaller than a year earlier at 581.9 million pounds, the USDA’s report showed.