ANALYSIS: April Pork Cold Storage Remains Tight Despite Seasonal Increase in Volume
April’s USDA Cold Storage report showed total pork inventories at 455.8 million pounds, up 11.3% from March but still 8.7% below the same time last year. This marks the third-lowest April total since the series began in 1999, sitting just above April 2001 and 2004, and suggests that while volumes increased month-over-month, they remain historically low.
Hams contributed significantly to the overall build, with bone-in hams rising 26.9% and boneless hams up 53.2% from March. Total ham stocks reached 87.9 million pounds...
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