Market news, vol. 46, no. 33 (2012 August 17)

1 GA
Atloo.md.-

'??r6 Market News- Poultry Division

4b)3 Georgia Department of Agriculture

3

I28 Agriculture Capitol Square

Building

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

17 AUGUST 2012

Vol. XLVI No. 33

13 AUGUST 2012 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 2Yz to 3 pound birds. 93% (representing 935 loads) of the loads offered have been confirmed within a range of 78.00 to 99.98 with a final weighted average of 94.06 f.o.b. dock or equivalent. The market is steady and the live supply is adequate for a normal to good, mostly normal demand. Average weights are desirable. Estimated slaughter today is 4,321,600 head. This compares with 4,463,400 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 $2.06 (based on 1,701,000 lbs.); skinless boneless breasts $1.64 (based on 7,342,000 lbs.); whole breasts $1.0350 (based on 1,424,000 lbs.); boneless skinless thigh meat $1.3150 (based on 1,159,000 lbs.); thighs 75.00 (based on 1,417,000 lbs.); drumsticks 76.00 (based on 1,417,000 lbs.); leg quarters 51.00 (based on 9,414,000 lbs.); and wings $1.8850 (based on 3, 798,000 lbs.). Demand on most parts are good to normal, mostly good; with the exception of leg quarters which is normal to good, mostly normal; while the demand on wings ranges normal to very good, mostly good.

14 AUGUST 2012 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 94.06 f.o.b. dock or equivalent. The market tone for next week's trading is unchanged and the live supply is adequate for a normal to good, mostly normal demand. Average weights are desirable with a steady price trend. Estimated slaughter today is 4,356,600 head. This compares with 4,333,000 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.06; skinless boneless breasts $1.64; whole breasts $1.0350; boneless skinless thigh meat $1.3150; thighs 75 .00; drumsticks 76.00; leg quarters 51.00; and wings $1.8850. Cooler inventories and supplies on all parts are balanced. Price trend on all parts ranges firm to weak, mostly firm.

15 AUGUST 2012 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to 95.00 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 good demand. Average weights are desirable but are heavier than desired in a few instances. Estimated slaughter today is 4,636,200 head. This compares with 4,597,600 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 $1.6650; whole breasts $1.0350; boneless skinless thigh meat $1.3050; thighs 73.50; drumsticks 69.50; leg quarters 51.00; and wings $1.8950. Demand on most parts are good to normal, mostly good; with the exception of thighs and leg quarters which is normal to good, mostly normal; while the demand on wings ranges normal to very good, mostly good.

*Note: Last year on August 17, 2011 the Georgiafo.b. dock quoted price on broilers andfryers was 88.25.
(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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16 AUGUST 2012 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 95.00 based on full truck load lots of ice pack USDA grade "A" sized 2Y2 to 3 pound birds. 68% (representing 688 loads) of the loads offered have been confirmed within a range of 87.83 to 99.98 with a preliminary weighted average of 94.33 f.o.b. dock or equivalent. The market is steady to occasionally firm and the live supply is adequate for a normal to good, mostly normal demand. Average weights are desirable but are heavier than desired in a few instances. Estimated slaughter today is 4,640,100 head. This compares with 4,596,800 head last Thursday.
17 AUGUST 2012 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 95.00 based on full truck load lots of ice pack USDA grade "A" sized 2Y2 to 3 pound birds. 80% (representing 810 loads) ofthe loads offered have been confirmed within a range of 87.23 to 99.98 with a preliminary weighted average of 94.42 f.o.b. dock or equivalent. The market is steady and the live supply is adequate for a normal to good, mostly normal demand. Average weights are desirable. Estimated slaughter today is 4,574,000 head. This compares with 4,849,400 head last weekend.
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 $2.0750 (based on 1,137,000 lbs.); skinless boneless breasts $1.70 (based on 4,492,000 lbs.); whole breasts $1.03 (based on 1,008,000 lbs.); boneless skinless thigh meat $1.30 (based on 948,000 lbs.); thighs 73.50 (based on 1,043,000 lbs.); drumsticks 63.50 (based on 886,000 lbs.); leg quarters 51.00 (based on 5,311,000 lbs.); and wings $1.89 (based on 2,428,000 lbs.). Demand on most parts are normal to mostly good; with the exception of wings which is very good to normal, mostly good.
Trading on heavy breeder type hens is moderate. The market undertone is steady with offerings adequate for trade needs. Estimated hen slaughter for the week ending today is 205,050 head. This compares with 369,300 head the same time a year ago.
* Estimated total slaughter for the week ending today for broilers and fryers is 22,528,500 head. This compares with
23,617,100 head of broilers and fryers for the corresponding week a year ago.
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