date:Jun 26, 2015
orted will narrow in the coming weeks but it will stay relatively large through fall.
Pork: Total pork in cold storage as of May 31st was 653.6 million pounds, 13.5 per cent higher than a year ago and 14.1 per cent higher than the five year average.
Pork inventories declined 7 per cent from the previous month, evidence that sales have improved. However, current stocks remain burdensome.
The most bearish number in the report was the sharp increase in ham inventories, which at 158.1 million pou