Market news, vol. 47, no. 34 (2013 August 23)

Market News Poultry Division Georgia Department of Agriculture 128 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 or info - email: arty.schronce@agr.georgia.gov

Market News Poultry Division Published Weekly

23 AUGUST 2013

Vol. XLVII No. 34

19 AUGUST 2013 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.0650 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 996 loads) of the loads offered have been confirmed within a range of 91.00 to $1.1110 with a final weighted average of $1.0475 f.o.b. dock or equivalent. The market is mostly steady to occasionally weak and firm and the live supply is adequate to short for a normal to good demand. Average weights are desirable. Estimated slaughter today is 4,735,900 head. This compares to 4,768,800 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 $2.1550 (based on 1,768,000 lbs.); skinless boneless breasts $2.1050 (based on 7,558,000 lbs.); whole breasts $1.24 (based on 1,918,000 lbs.); boneless skinless thigh meat $1.5050 (based on 1,241,000 lbs.); thighs 74.00 (based on 1,327,000 lbs.); drumsticks 75.50 (based on 1,352,000 lbs.); leg quarters 53.50 (based on 9,374,000 lbs.); and wings $1.44 (based on 3,483,000 lbs.). Demand on most parts is good to normal, mostly good with the exceptions of line run tenders which is good to normal, mostly good, occasionally very good, and wings which is normal to good.

20 AUGUST 2013 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.0650. The final weighted average was $1.0475 f.o.b. dock or equivalent. The market tone for next week's trading is mostly steady to occasionally firm and weak, and the live supply is adequate to short for a normal to good demand. Average weights are desirable with a steady to occasionally lower price trend. Estimated slaughter today is 4,773,500 head. This compares with 4,593,600 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.1550; skinless boneless breasts $2.1050; whole breasts $1.24; boneless skinless thigh meat $1.5050; thighs 74.00; drumsticks 75.50; leg quarters 53.50; and wings $1.44. Cooler inventories and supplies on all parts are balanced to occasionally light with a demand ranging mostly good to balanced, occasionally very good. Price trend on all parts is mostly lower to higher, occasionally weak, steady, and firm.
21 AUGUST 2013 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.0650 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady to occasionally weak and firm, and the live supply is adequate for a normal to good demand. Average weights are desirable. Estimated slaughter today is 4,768,500 head. This compares with 4,774,800 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 $2.17; skinless boneless breasts $2.0950; whole breasts $1.2350; boneless skinless thigh meat $1.5550; thighs 72.00; drumsticks 66.50; leg quarters 53.50 and wings $1.4550. Demand on most parts is good to normal, mostly good, with the exceptions of line run tenders which is good to normal, mostly good, occasionally very good, boneless skinless thigh meat which is good, and wings which is normal to good.

Note: On August 22, 2012, the Georgia f.o.b. dock quoted price on broilers and fryers was 95.25.

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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22 AUGUST 2013 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.0650 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 40% (representing 397 loads) of the loads offered have been confirmed within a price range of $1.0150 to $1.09 with a preliminary weighted average of $1.0650 f.o.b. dock or equivalent. The market is steady to firm to slightly weak, and the live supply is adequate to short for a normal to good demand. Average weights are desirable. Estimated slaughter today is 4,701,000 head. This compares with 4,720,900 head last Thursday.
23 AUGUST 2013 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.0650 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 87% (representing 870 loads) of the loads offered have been confirmed within a range of 99.90 to $1.1110 with a preliminary weighted average of $1.0585 f.o.b. dock or equivalent. The market is steady to occasionally weak and firm and the live supply is adequate for a normal to good demand. Average weights are desirable. Estimated slaughter today and Saturday is 4,985,800 head. This compares with 4,682,700 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 $2.1850 (based on 1,509,000 lbs.); skinless boneless breasts $2.1250 (based on 6,221,000 lbs.); whole breasts $1.26 (based on 1,210,000 lbs.); boneless skinless thigh meat $1.52 (based on 1,045,000 lbs.); thighs 73.50 (based on 1,218,000 lbs.); drumsticks 75.00 (based on 1,079,000 lbs.); leg quarters 53.50 (based on 7,909,000 lbs.); and wings $1.4450 (based on 3,211,000 lbs.). Demand on most parts is good to normal, mostly good with the exceptions of line run tenders which is good to normal, mostly good, occasionally very good, boneless skinless thigh meat which is good, and wings which is normal to good.
Estimated hen slaughter for the week ending today is 298,344 head. Estimated hen slaughter for the corresponding week a year ago was 198,600 head.
* Estimated total slaughter for the week ending today for broilers and fryers is 23,964,700 head. This compares with 23,312,100 head of broilers and fryers for the corresponding week a year ago.
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