Quarterly Canadian Pork Stocks Down Modestly

Submitted by Suze Nolin on Fri, 02/16/2024 - 23:19

 

      In the latest data, Canadian stocks of frozen and chilled pork for the first quarter slipped 404 tonnes or -0.5% from the previous quarter, bringing the latest stocks 931 tonnes or -1.2% under year-ago supplies.

  • Pork trimmings increased the most from last reported, up 745 to 10,228 tonnes in the first quarter but 686 tonnes under last year.
  • Quarterly pork ribs were up 467 to 11,229 tonnes bringing the latest stocks 1,333 tonnes under Q1 2023.
  • Ham stocks increased 337 from the previous quarter to 9,545 tonnes and up 231 tonnes over a year earlier.
  • Pork butts rose 237 to 2,285 tonnes as of January however is 127 tonnes under last year.
  • Loins climbed 177 tonnes on the quarter to 5,519 tonnes in Q1, however is 825 tonnes under year-ago supplies.

      Offsetting some of the earlier mentioned quarter-over-quarter increases were primarily reduced stocks of unclassified pork and more moderate reductions in pork back/shoulders, and bellies.

  • The category accounting for unclassified pork fell 1,505 in the latest quarter to 28,007 tonnes, a modest 92 tonnes over a year earlier.
  • Pork backs & shoulders dropped 567 to 1,887 tonnes for the first quarter of 2024, bringing them 33 tonnes under last year.
  • Belly stocks fell 276 to 4,785 tonnes, bringing current supplies 636 tonnes over year-ago supplies.

 

CDN Cold Storage Chart

CDN Cold Storage Graph

CDN Cold Storage Graph Historical