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ANALYSIS: Frozen Pork Inventories Remain Near Decade Lows
USDA's May 2026 Cold Storage report continues to reinforce the narrative of historically tight frozen pork inventories despite the typical seasonal tendency for supplies to build during the spring. Historically, total frozen pork stocks accumulate from late winter through April, the seasonal peak, and generally remain elevated through May and June before drawing down into year-end. Instead, total frozen pork inventories stand at 451.9 million lbs in May 2026, up just 0.3% from April and 0.3% above May 2025, yet approximately...