Market news, vol. 45, no. 21 (2011 May 27)

A"fcO,n,a-
''71 Market News Poultry Division Georgia Department of Agriculture 134 Agriculture Building Capitol Square Atlanta, Georgia U.S.A. 30334-4200

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Gary W. Black, Commissioner

Georgia F.O.B. Dock Tel: 404-656-3656 Recorded Message Tel: 404-656-3709 Internet Address: www.agr.georgia.gov
To subscribe or info - email: peter.pilewicz@agr.georgia.gov

Market News Poultry Division - Published Weekly
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27 MAY 201 1

Vol. XLV No. 21

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23 MAY 201 1

MONDAY

The Georgia f.0.b. dock quoted price on broilers and fryers for this week's trading is 86.506 based on full truck load lots of

ice pack USDA grade "A" sized 2% to 3 pound birds. 98% (representing 981 loads) of the loads offered have been confirmed

within a range of 80.006 to 96.486 with a final weighted average of 85.82$ f.0.b. dock or equivalent. The market continues
fully moderate and the live supply is adequate for a normal to good demand. Average weights are desirable. Estimated
slaughter today is 4,694,900 head. This compares with 4,696,900 head last Monday.
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The f.0.b. dock confirmed final weighted average prices on ice pack parts based on truck load and pool truck load lots for this week's trading are: line run tenders $1.92 (based on 1,745,000 lbs.); skinless boneless breasts $1.51 (based on 7,599,000 lbs.); whole breasts 89.506 (based on 1,520,000 lbs.); boneless skinless thigh meat $1.29 (based on 1,236,000 lbs.); thighs 66.506 (based on 1,109,000 Ibs.); drumsticks 67.506 (based on 1,189,000 lbs.); leg quarters 49.50$ (based on 10,502,000 lbs.); and wings 76.006 (based on 3,707,000 lbs.). Demand on line run tenders and skinless boneless breasts is normal to occasionally light, mostly normal; whole breasts is normal; boneless slnless thigh meat and leg quarters is good to normal, mostly good; thighs and drumsticks is good; while the demand on wings ranges normal to light, mostly normal.

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24 M e Y 201 1

TUESDAY

6 e " ~ e o r b i faXb.'%ock quoted on broilers b d fryers 'k6r'this'wieks irading is 86.506. The final weighted average was

I 85.82$ f.0.b. dock or equivalent. The market tone for next week's trading is unchanged to slightly higher and the live supply

is adequate for an occasionally ranging good to light, mostly balanced demand. Average weights are desirable with a firm to

weak, mostly steady price trend. Estimated slaughter today is 4,720,200 head. This compares with 4,688,100 head last

Tuesday.

The f.0.b. dock confirmed final weighted average prices on parts were: line run tenders $1.92; skinless boneless breasts

$1.51; whole breasts 89.50$; boneless skinless thigh meat $1.29; thighs 66.50$; drumsticks 67.506; leg quarters 49.506; and

wings 76.006. Cooler inventories and supplies on all parts are balanced. Price trend on line run tenders and skinless boneless

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breasts is mostly weak; whole breasts and drumsticks is mostly steady; boneless skinless thigh meat is steady to firm; thighs is firm: leg quarters is finn to steady. while the price trend on wings ranges weak to steady.

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25 MAY 201 1

WEDNESDAY

The Georgia f.0.b. dock quoted price on broilers and fryers for next week's trading advanced .25$ to 86.756 based on full

truck load lots of ice pack USDA grade "A" sized 2% to 3 pound birds. The market is slightly higher and the live supply is

adequate for a normal to good demand. Average weights are generally desirable. Estimated slaughter today is 4,569,300

head. T h s compares with 4,675,300 head last Wednesday.

The f.0.b. dock quoted prices on ice pack parts based on truck load and pool truck load lots for next week's trading are: line run tenders $1.94; skinless boneless breasts $1.4950; whole breasts 88.50$; boneless skinless thlgh meat $1.3350; thighs 68.006; drumsticks 62.50$; leg quarters 49.00$; and wings 77.00$. Demand on line run tenders is normal to occasionally light, mostly normal; skinless boneless breasts and leg quarters ranges good to light, mostly normal; whole breasts and wings is normal; boneless skinless thigh meat is normal to good; while the demand on thighs and drumsticks is good.
* Note: Last year on May 26, 2010 the Georgiafo.b. dock quotedprice on broilers andfryers was 87.004.

(Continued)

MARKET NEWS POULTRY DIVISION

GEORGIA DEPARTMENT OF AGRICULTURE

134 Agriculture Building

Capitol Square

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Atlanta, Georgia U.S.A. 30334-4200

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(2)

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26 MAYt20.11 .

THURSDAY

The Georgia f.0.b. dock quoted price on broilers and fryers for this week's trading is 86.75# based on full truck load lots of ice pack USDA grade "A" sized 2% to 3 pound birds. 56% (representing 565 loads) of the loads offered have been

confirmed within a range of 83.806 to 96.52# with a preliminary weighted average of 86.396 f.0.b. dock or equivalent. The

market is moderate and the live supply is adequate for a good to normal pre-holiday demand. Average weights are desirable.

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Estimated slaughter today is 4,698,200 head. This compares with 4,723,400 head last Thursday.

27 MAY 201 1 FRIDAY
The Geor~iaf,o.b. dock quoted price on broilers and fryers for this week's trading is 86.756 based on full truck load lots of ice pack USDA grade "A" sized 2% to 3 pound birds. 69% (representing 696 loads) of the loads offered have been confirmed w i t h a range of 83.806 to 96.526 with a preliminary weighted average of 86.516 f.0.b. dock or equivalent. The market continues moderate and the live supply is adequate for a normal to occasionally good holiday demand. Average weights are ranging desirable to lighter than desired in a few instances. Estimated slaughter today and Saturday is 5,108,600 head. T h s compares with 5,139,100 head last weekend.

The f.0.b. dock confirmed preliminary weighted average prices an ice pack parts based on truck load and pool truck load lots for this week's trading are: line run tenders $1.92 (based on 1,101,000 lbs.); skinless boneless breasts $1.4850 (based on 4,993,000 lbs.); whole breasts 89.006 (based on 1,032,000 Ibs.); boneless skinless thigh meat $1.30 (based on 886.000 lbs.); thighs 67.50# (based on 742,000 Ibs.); drumsticks 66.006 (based on 784,000 Ibs.); leg quarters 49.006 (based on 6,978,000 lbs.); and wings 75.50# (based on 2,538,000 lbs.). Demand on line run tenders and skinless boneless breasts is normal to light; whole breasts is normal; boneless skinless thigh meat, drumsticks and wings is normal to good; whle the demand on thighs and leg quarters ranges good to normal.

Trading on heavy breeder type hens was fair. The market undertone is unchanged with offerings adequate for holiday trade needs. Estimated hen slaughter for the week ending today is 263,400 head. This compares with 219,700 head the same time a year ago.

Please Note: There will not be another market report until Tuesday the 31" of May due to the Memorial Day holiday weekend.

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* Estimated total slaughter for the week ending today for broilers and fryers are 23,791,200 head. 'l'his compares with
23,547,800 head of broilers and fryers for the corresponding week a year ago.