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Red Meat Inventory Rises
WASHINGTON - Sep 22 - SNS -- Total red meat supplies in freezers rose 4 million pounds in June to 943.7 million pounds, up 2% from the previous year, notes the USDA in its latest report on agricultural products in cold storage.
Frozen pork supplies fell 9 million pounds during the month to 482.8 million pounds, up almost 24 million pounds from the previous year. Stocks of pork bellies were down 45% from last month at 31.8 million pounds and up 49% from last year.
Supplies of beef were down 47 million pounds from year earlier levels at 434 million pounds, up around 10 million pounds from the previous month.
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