U.S. pork belly stocks at the end of June hit a new all-time monthly low.
Strong wholesale, export, and consumer demand pulled belly stocks 65% lower than a year ago to 22.291 million pounds, bring total pork stocks down 4% on the year at 562.973 million, despite new record highs in loin and ham stocks and record monthly pork production in June. Beef stocks were down 10% on the year at 416.681 million pounds also thanks to solid overall demand and red meat stocks declined 7% to 1.018 billion pounds.
Continue reading USDA reports big drop in pork belly stocks at Brownfield Ag News.
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