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USA - Cold storage numbers bad news for pork prices

USDA reported total pork in cold storage on July 31 at 547.3 million pounds, up 8.3 percent from a year ago and near 25 percent above the five-year average, according to analysts reviewing the report.
25 August 2009
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USDA reported total pork in cold storage on July 31 at 547.3 million pounds, up 8.3 percent from a year ago and near 25 percent above the five-year average, according to analysts reviewing the report.

Ham stocks in cold storage, at 137.8 million pounds, came in 5 percent below a year ago due to revisions in year-ago numbers, but stood at nearly 24 percent above the five-year average.

http://www.meatingplace.com/MembersOnly/webNews/details.aspx?item=13489

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