NEWS
Beef in Freezers Up, Pork Down
Tue Dec 24, 2013 01:53 PM CST

(Dow Jones) -- The U.S. Department of Agriculture in its monthly cold-storage report Monday showed pork stocks at the end of November at 546.3 million pounds, 3.3% below levels from the end of October and 2.2% below the year-ago figure.

The average of trade estimates for frozen pork supplies was 549.2 million pounds, down 3.1% from the previous month, and 1.7% smaller than the same time last year, according to a Wall Street Journal survey.

Robust export demand for U.S. pork and a heavy draw-down in hams and other holiday items contributed to clearing of some frozen inventory. Analysts noted ...

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