US Cheese Supply Hits 26-Year High

Cheese supplies in the US hit a 26-year high in April, according to the US Department of Agriculture (USDA).

Cheese inventories recorded a 7.8% increase to reach 1.012 billion pounds at the end of April compared to the same period in 2009, the USDA said.

The figure represents the highest for any month since supplies topped 1.044 billion in November 1984.

The report showed beef, chicken and pork supplies remain under last year’s levels, with frozen pork stocks down 21%.

As of 30 April, frozen beef supplies reached 373.3 million pounds, down 9.1% from a year earlier, while frozen pork supplies were 482.5 million pounds, down from 612.3 million a year earlier, the USDA said.

Chicken supplies hit 623.9 million pounds, down 5.2%.