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In the latest data released May 18th, Canadian stocks of frozen and chilled pork for the second quarter rose 5,018 tonnes or +6.4% from the previous quarter. The notable quarterly rise can be attributed to increased quantities of hams, backs & shoulders, bellies and picnics which were significantly higher, though tempered in part by a drop in ribs. Compared to a year earlier, total Canadian pork stocks are 9,983 tonnes or -10.7% under the high recorded in 2022.
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Quarterly ham stocks jumped 3,665 to 12,979 tonnes or up +39.3% from the previous quarter, bringing them 2,196 tonnes or +20.4% over a year earlier. Current hams stocks surpassed the previous record high reached in Q1 Jan 2014 at 12,762 tonnes.
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Pork backs & shoulders surged +77.3% or 1,484 to 3,404 tonnes for the second quarter of 2023, up 318 tonnes or +10.3% over last year.
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Bellies rose from a near 5-year low in the previous quarter, with current belly stocks up 1,400 to 5,549 tonnes or +33.7% higher for Q2 but is 1,254 tonnes or +18.4% under year-ago supplies.
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Picnic stocks were +25.4% or up 808 to 3,991 tonnes in the latest quarter, bringing picnic supplies +5.6% or 210 tonnes over a year earlier.
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Rib stocks fell 2,211 to 10,351 tonnes, down–17.6% from Q1 but is 758 tonnes or +7.9% over year-ago levels.
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Other categories on the report recorded more moderate changes from previously reported, generally -2% to +4% change on the quarter.
