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Good News about Costs of Production and Cold Storage Inventories

2013-07-29 21:05:00| National Hog Farmer

By Steve Meyer, Paragon Economics, Inc., Adel, IA Total pork inventories as of June 30 were 4.7% lower than last year but remained just over 8% larger than the average of the past five years. That was a major feature of last weeks Cold Storage report. Pork stocks normally fall in June as hog numbers decline but this years June drawdown was extraordinary. In fact, it was the largest June decline in frozen pork stocks in 20 years. read more

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