Pork stockpiles in the U.S. fell 2.2 percent at the end of November from a year earlier, the government said.
Warehouses held 546.333 million pounds of pork, down from 558.688 million on Nov. 30, 2012, the U.S. Department of Agriculture said today in a report. Inventories declined 3.3 percent from the end of October.
U.S. pork production is projected to total 23.22 billion pounds (10.5 million metric tons) this year, down 0.1 percent from 2012, the latest government forecast shows. Pork output in November fell 1.8 percent from a year earlier, the USDA said in a report yesterday.
To read the rest of the story, please go to: Bloomberg Businessweek