Market news, vol. 45, no. 41 (2011 October 14)

4400 " Market News Poultry Division
P1O Georgia Department of Agriculture
134 Agriculture Building Capitol Square Atlanta, Georgia U.S.A. 30334-4200
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 - email: peter.pilewicz@agr.georgia.gov

Market News Poultry Division - Published Weekly

14 OCTOBER 2011

Vol. XLV No. 41

11 OCTOBER 201 1 TUESDAY
The Georgia f.0.b. dock quoted price on broilers and fryers for this week's trading is 89.006. 99% (representing 994 loads) of the loads offered have been confirmed within a range of 63.00# to 98.71$ with a final weighted average of 87.14$ f.0.b. dock or equivalent. The market tone for next week's trading is unchanged and live supply is adequate for a mostly balanced demand. Average weights are fully desirable with a price trend occasionally ranging firm to weak, mostly steady. Estimated slaughter today and the Columbus Day holiday is 9,230,900 head. This compares with 4,643,600 head last Tuesday.

The f.0.b. dock confirmed final weighted average prices on parts were: line run tenders $1.8250 (based on 1,815,000 lbs.); shnless boneless breasts $1.4650 (based on 6,619,000 lbs.); whole breasts 81.006 (based on 1,560,000 lbs.); boneless slunless thigh meat $1.32 (based on 1,276,000 lbs.); thighs 72.006 (based on 1,130,000 lbs.); drumsticks 71.506 (based on 1,175,000 lbs.); leg quarters 53.006 (based on 10,262,000 lbs.); and wings $1.10 (based on 3,767,000 lbs.). Cooler inventories and supplies on all parts are balanced. Price trend on line run tenders, skinless boneless breasts, boneless skinless thigh meat and thighs is weak to firm, mostly steady; whole breasts is firm; drumsticks and leg quarters is weak; while the price trend on wings ranges firm to steady.

12 OCTOBER 2011 WEDNESDAY
The Georgia f.0.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at 89.006 based on full truck load lots of ice pack USDA grade " A sized 2% to 3 pound birds. The market remains steady and the live supply is adequate for a mostly normal demand. Average weights are ranging mostly desirable. Estimated slaughter today is 4,645,900 head. This compares with 4,713,700 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 $1.83; shnless boneless breasts $1.4450; whole breasts 80.506; boneless shnless thigh meat $1.32; thighs 72.00$; drumsticks 65.506; leg quarters 53.006; and wings $1.1350. Demand on line run tenders, skinless boneless breasts and leg quarters is normal to good, mostly normal; whole breasts, boneless skinless thigh meat and thighs is normal; while the demand on drumsticks and wings is good to normal.

*Note: Last year on October 13, 2010 the Georgiaf o.b. dock quoted price on broilers andfryers was 86.754,

13 OCTOBER 2011

THURSDAY

The Georgia f.0.b. dock quoted price on broilers and fryers for this week's trading is 89.006 based on full truck load lots of

ice pack USDA grade " A sized 2% to 3 pound birds. 68% (representing 668 loads) of the loads offered have been

confirmed within a range of 85.386 to 98.736 with a preliminary weighted average of 88.276 f.0.b. dock or equivalent. The

market is moderate and the live supply is adequate for a normal to occasionally good, mostly normal demand. Average

weights are desirable. Estimated slaughter today is 4,596,400 head. T h s compares with 4,682,600 head last Thursday.

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MARKET NEWS POULTRY DIVISION
GEORGIA DEPARTMENT OF AGRICULTURE 134 Agriculture Building Capitol Square Atlanta, Georgia U.S.A. 30334-4200
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; I
14 OCTOBER 2011 FRIDAY
The Georgia f.0.b. dock quoted price on broilers and fryers for this week's trading is 89.006 based on full truck load lots of ice pack USDA grade "A" sized 2% to 3 pound birds. 75% (representing 744 loads) of the loads offered have been confirmed within a range of 85.386 to 98.736 with a preliminary weighted average of 88.346 f.0.b. dock or equivalent. The market continues moderate and the live supply is adequate for a demand ranging normal to occasionally good, mostly normal. Average weights are generally desirable. Estimated slaughter today is 4,505,400 head. T h s compares with 4,55 1,800 head last Friday.
The f.0.b. dock confirmed preliminary weighted average prices on ice pack parts based on truck load and pool truck load lots for t h s week's trading are: line run tenders $1A250 (based on 1,071,000 lbs.); skinless boneless breasts $1.4450 (based on 4,801,000 lbs.); whole breasts 80 506 (based on 979,000 lbs.): boneless skinless thigh meat $1.27506 (based on 870.000 lbs.); thighs 72.506 (based on 762,000 lbs.); drumsticks 71.006 (based on 762,000 lbs.); leg quarters 53.006 (based on 5,993,000 lbs.); and wings $1.1350 (based on 2,408,000 lbs.). Demand on line run tenders and leg quarters ranges normal to good, mostly normal; slunless boneless breasts, whole breasts, boneless skinless thgh meat and thighs is normal; while the demand on drumsticks and wings is good.
Trading on heavy breeder type hens was fair. The market undertone is generally unchanged with offerings adequate for a normal demand. Estimated hen slaughter for the week ending today is 259,300 head. This compares with 237,500 head the same time a year ago.
*Estimated total slaughter for the week ending today for broilers and fryers is 22,978,600 head. This compares with 23,033,000 head of broilers and fryers for the corresponding week a year ago.