June 23, 2017 Southern Farm Network - Rhonda Garrison Hog futures fell Thursday ahead of a government report that showed frozen pork belly stocks last month dropped to a record low. In a report released after the markets closed, USDA said that stocks of pork bellies in commercial freezers fell almost 60% in May from a year earlier to 31.6 million pounds and were down 6% from April. Tight stocks of bellies, has lit a fire under prices recently amid strong demand. For more click here |