Market news, vol. 46, no. 29 (2012 July 20)

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? 1 Market News- Poultry Division flt Georgia Department of Agriculture
l\{pk:l 128 Agriculture Building f'\ 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 or info- email: antoinette.leslie@agr.georgia.gov

Market News- Poultry Division -Published Weekly

20 JULY 20I2

VoL XLVI No. 29

I6JULY20I2 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 94.75 based on full truck load lots of ice pack USDA grade "A" sized 212 to 3 pound birds. 90% (representing 913 loads) ofthe loads offered have been confirmed within a range of 77.00 to 99.97 with a final weighted average of 93.92 f.o.b. dock or equivalent. The market is steady and the live supply is adequate for a mostly normal to good demand. Average weights are desirable to occasionally good. Estimated slaughter today is 4,625,200 head. This compares with 4,598,200 head last Monday.

The f.o.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 $2.08 (based on I,725,000 lbs.); skinless boneless breasts $1.60 (based on 7,378,000 lbs.); whole breasts $1.02 (based on I,460,000 lbs.); boneless skinless thigh meat $1.3250 (based on I ,23I ,000 lbs.); thighs 74.50 (based on I,4I7,000 lbs.); drumsticks 74.00 (based on I,4I7,000 lbs.); leg quarters 51.00 (based on 9,486,000 lbs.); and wings $1.87 (based on 3,870,000 lbs.). Demand on line run tenders, skinless boneless breasts and leg quarters is good to light, mostly normal; boneless skinless thigh meat is normal to light, mostly good; while the demand on whole breasts, thighs, drumsticks and wings ranges good to normal, mostly good.

I7 JULY 20I2 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 94.75. The final weighted average was 93.92 f.o.b. dock or equivalent. The market tone for next week's trading is unchanged and the live supply is adequate for a mostly normal to good demand with a good to balance, occasionally light to very good in a few instances. Average weights are desirable to occasionally light, with a firm to weak, mostly steady price trend. Estimated slaughter today is 4,562,400 head. This compares with 4,654,900 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.08; skinless boneless breasts $1.60; whole breasts $1.02; boneless skinless thigh meat $I.3250; thighs 74.50; drumsticks 74.00; leg quarters 5I.OO; and wings $1.87. Cooler inventories and supplies on all parts are balanced. Price trend on line run tenders, whole breasts and drumsticks ranges firm to weak, mostly firm; skinless boneless breasts, boneless skinless thigh meat, leg quarters and wings are occasionaiiy steady, but are mostly weak to firm; with the exception of thighs which are balanced.

18 JULY 2012 WEDNESDAY The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading continues unchanged at 94.75 based on full truck load lots of ice pack USDA grade "A" sized 2Yz to 3 pound birds. The market is steady and the live supply is adequate for a normal to occasionally good, mostly normal demand. Average weights are desirable. Estimated slaughter today is 4,645,000 head. This compares with 4,647,000 head last Wednesday.

The f.o.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 $2.0450; skinless boneless breasts $1.5950; whole breasts $1.0 I; boneless skinless thigh meat $1.30; thighs 73.50; drumsticks 67.50; leg quarters 51.00; and wings $1.8850. Demand on most parts are good to normal, mostly good; with the exception of skinless boneless breasts and boneless skinless thigh meat which are light to mostly good; while the demand on leg quarters are light to good, mostly normal.

*Note: Last year on July 20, 2011 the Georgiafo.b. dock quotedprice on broilers andfryers was 87.50
(Continued)

Market News- Poultry Division Georgia Department of Agriculture 128 Agriculture Building Capitol Square Atlanta, Georgia U.S.A. 30334-4200
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19 JULY 2012 THURSDAY The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 94.75 based on full truck load lots of ice pack USDA grade "A" sized 2Y2 to 3 pound birds. 64% (representing 655 loads) of the loads offered have been confirmed within a range of 87.23 to 99.96 with a preliminary weighted average of 94.37 f.o.b. dock or equivalent. The market continues steady and the live supply is adequate for an occasionally good to mostly normal demand. Average weights are desirable. Estimated slaughter today is 4,548,200 head. This compares with 4,625,500 head last Thursday.
20JULY2012 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 94.75 based on full truck load lots of ice pack USDA grade "A" sized 2~ to 3 pound birds. 76% (representing 775 loads) of the loads offered have been confirmed within a range of 87.23 to 99.96 with a preliminary weighted average of 94.45 f.o.b. dock or equivalent. The market is steady and the live supply is adequate for a normal demand. Average weights are desirable. Estimated slaughter today is 4,501,800 head. This compares with 4,494,800 head last Friday.
The f.o.b. dock confirmed preliminary 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 $2.1050 (based on 1,049,000 lbs.); skinless boneless breasts $1.5850 (based on 4,255,000 lbs.); whole breasts $1.01 (based on 892,000 lbs.); boneless skinless thigh meat $1.33 (based on 856,000 lbs.); thighs 74.50 (based on 959,000 lbs.); drumsticks 73.50 (based on 703,000 lbs.); leg quarters 51.00 (based on 5,222,000 lbs.); and wings $1.87 (based on 2,295,000 lbs.). Demand on all parts are normal to mostly good; with the exception of line run tenders and leg quarters which are good to light, mostly normal; while the demand on skinless boneless breasts and boneless skinless thigh meat is good to light, mostly good.
Trading on heavy breeder type hens was balanced. The market undertone is unchanged with offerings adequate for trade needs. Estimated hen slaughter for the week ending today is 332,967 head. This compares with 302,400 head the same time a year ago.
* Estimated total slaughter for the week ending today for broilers and fryers is 22,882,600 head. This compares with
23,799,600 head of broilers and fryers for the corresponding week a year ago.
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