Market news, vol. 46, no. 34 (2012 August 24)

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Al.fDo .m,;l-"PI Market News- Poultry Division Plo Georgia Department of Agriculture
rt.ll..f 128 Agriculture Building
'73~ 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

24 AUGUST 2012

Vol. XLVI No. 34

20 AUGUST 2012 MONDAY
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 2Yz to 3 pound birds. 92% (representing 934 loads) of the loads offered have been confirmed within a range of 80.00 to 99.98 with a final weighted average of 94.26 f.o.b. dock or equivalent. The market is steady and the live supply is adequate for a good to normal, mostly good demand. Average weights are desirable. Estimated slaughter today is 4,439,800 head. This compares with 4,321,600 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 1,773,000 lbs.); skinless boneless breasts $1.7050 (based on 7,414,000 lbs.); whole breasts $1.0350 (based on 1,496,000 lbs.); boneless skinless thigh meat $1.29 (based on 1,231,000 1bs.); thighs 73.50 (based on 1,417,000 lbs.); drumsticks 68.50 (based on 1,417,000 lbs.); leg quarters 51.50 (based on 9,414,000 1bs.); and wings $1.89 (based on 3,870,000 lbs.). 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 very good to normal, mostly good.

21 AUGUST 2012 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 95.00. The final weighted average was 94.26 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 4,617,900 head. This compares with 4,356,600 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.08; skinless boneless breasts $1.7050; whole breasts $1.0350; boneless skinless thigh meat $1.29; thighs 73.50; drumsticks 68.50; leg quarters 51.50; and wings $1.89. Cooler inventories and supplies on all parts are balanced with a demand ranging very good to normal, mostly good. Price trend on most parts are firm to weak, mostly firm; with the exception of skinless boneless breasts and boneless skinless thigh meat which is weak to firm, mostly weak; while the price trend on leg quarters are firm to occasionally steady, mostly firm.

22 AUGUST 2012 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to 95.25 based on full truck load lots of ice pack USDA grade "A" sized 2Yz to 3 pound birds. 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. Estimated slaughter today is 4,680,100 head. This compares with 4,636,200 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 $2.04; skinless boneless breasts $1. 7550; whole breasts $1.0350; boneless skinless thigh meat $1.31; thighs 73.50; drumsticks 69.50; leg quarters 52.00; and wings $1.8950. Demand on all parts are good to normal, mostly good; with the exception of drumsticks which is normal to good.

*Note: Last year on August 24, 2011 the Georgiafo.b. dock quoted price on broilers andfryers was 88.50.
(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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23 AUGUST 2012 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 95.25 based on full truck load lots of ice pack USDA grade "A" sized 2Yz to 3 pound birds. 69% (representing 692 loads) of the loads offered have been confirmed within a range of 89.31 to 99.98 with a preliminary weighted average of 94.90 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate for a normal to good, mostly normal demand. Average weights are desirable to light in a few instances. Estimated slaughter today is 4,631,000 head. This compares with 4,640,100 head last Thursday.
24 AUGUST 2012 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 95.25 based on full truck load lots of ice pack USDA grade "A" sized 2Yz to 3 pound birds. 81% (representing 814loads) ofthe loads offered have been confirmed within a range of 89.31 to 99.98 with a preliminary weighted average of 94.94 f.o.b. dock or equivalent. The market is steady to somewhat weak and the live supply is adequate for a demand ranging good to occasionally light, mostly normal. Average weights are desirable. Estimated slaughter today and Saturday is 4,943,300 head. This compares with 4,574,000 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 $2.07 (based on 1,105,000 lbs.); skinless boneless breasts $1.7650 (based on 4,460,000 lbs.); whole breasts $1.0250 (based on 975,000 lbs.); boneless skinless thigh meat $1.30 (based on 948,000 lbs.); thighs 73.50 (based on 1,043,000 lbs.); drumsticks 72.50 (based on 886,000 lbs.); leg quarters 51.50 (based on 7,120,000 lbs.); and wings $1.8750 (based on 2,916,000 lbs.). Demand on all parts is normal to mostly good; with the exception of wings which is good to mostly normal.
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 330,987 head. This compares with 361,000 head the same time a year ago.
* Estimated total slaughter for the week ending today for broilers and fryers is 23,312,100 head. This compares with
23,391,800 head of broilers and fryers for the corresponding week a year ago.
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