Market news, vol. 47, no. 43 (2013 October 25)

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

25 OCTOBER 2013

Vol. XLVII No. 43

21 OCTOBER 2013 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.0525 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 991 loads) of the loads offered have been confirmed within a range of 87.00 to $1.1042 with a final weighted average of $1.0400 f.o.b. dock or equivalent. The market is mostly steady to weak to slightly firm and the live supply is adequate to short for a normal to good demand. Average weights are desirable to a little heavy in a few instances. Estimated slaughter today is 4,562,900 head. This compares to 4,603,500 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 $2.0650 (based on 1,688,000 lbs.); skinless boneless breasts $1.9450 (based on 7,171,000 lbs.); whole breasts $1.12 (based on 1,558,000 lbs.); boneless skinless thigh meat $1.4550 (based on 1,171,000 lbs.); thighs 74.00 (based on 1,327,000 lbs.); drumsticks 74.50 (based on 1,257,000 lbs.); leg quarters 52.50 (based on 9,079,000 lbs.); and wings $1.4050 (based on 3,483,000 lbs.). Demand on line run tenders is normal to good, mostly normal, occasionally light; demand on skinless boneless breasts and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts is normal to good, mostly normal; demand on boneless skinless thigh meat is mostly good, occasionally light to normal; demand on thighs and drumsticks is good to normal, mostly good; and demand on wings is good to normal, occasionally light.
22 OCTOBER 2013 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.0525. The final weighted average was $1.0400 f.o.b. dock or equivalent. The market tone for next week's trading is steady to weak to slightly firm, and the live supply is adequate to short for a normal to good demand. Average weights are desirable to a little heavy with a mostly weak to lower and steady price trend. Estimated slaughter today is 4,712,700 head. This compares with 4,751,700 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.0650; skinless boneless breasts $1.9450; whole breasts $1.12; boneless skinless thigh meat $1.4550; thighs 74.00; drumsticks 74.50; leg quarters 52.50; and wings $1.4050. Cooler inventories and supplies on all parts are balanced to occasionally light and heavy with a demand ranging mostly balanced to good to occasionally light. Price trend on all parts is mostly lower to higher, occasionally steady and weak.
23 OCTOBER 2013 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.05 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady to weak to slightly firm, and the live supply is adequate to short for a normal to good demand. Average weights are desirable to a little heavy in a few instances. Estimated slaughter today is 4,613,700 head. This compares with 4,734,200 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 $2.01; skinless boneless breasts $1.8750; whole breasts $1.1050; boneless skinless thigh meat $1.46; thighs 73.00; drumsticks 64.50; leg quarters 52.00 and wings $1.3950. Demand on line run tenders, skinless boneless breasts, and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts is normal to light, mostly normal, occasionally good; demand on boneless skinless thigh meat is mostly good, occasionally normal to light; demand on thighs is good to normal mostly good; demand on drumsticks is good to normal, and demand on wings is normal to good, mostly normal, occasionally light.

Note: On October 24, 2012, the Georgia f.o.b. dock quoted price on broilers and fryers was 96.00.

MARKET NEWS POULTRY DIVISION GEORGIA DEPARTMENT OF AGRICULTURE 128 Agriculture Building Capitol Square Atlanta, Georgia U.S.A. 30334-4200
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24 OCTOBER 2013 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.05 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 72% (representing 727 loads) of the loads offered have been confirmed within a price range of 99.50 to $1.1032 with a preliminary weighted average of $1.0501 f.o.b. dock or equivalent. The market is steady to weak to slightly firm, and the live supply is adequate to short for a normal to good demand. Average weights are desirable to a little heavy in a few instances. Estimated slaughter today is 4,635,200 head. This compares with 4,695,300 head last Thursday.
25 OCTOBER 2013 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.05 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 87% (representing 876 loads) of the loads offered have been confirmed within a range of 99.50 to $1.1032 with a preliminary weighted average of $1.0500 f.o.b. dock or equivalent. The market is steady to weak to slightly firm, and the live supply is adequate to short for a normal to good demand. Average weights are desirable to a little heavy in a few instances. Estimated slaughter today is 4,516,400 head. This compares with 4,500,600 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 $2.0150 (based on 1,481,000 lbs.); skinless boneless breasts $1.93 (based on 6,093,000 lbs.); whole breasts $1.1250 (based on 1,151,000 lbs.); boneless skinless thigh meat $1.4750 (based on 983,000 lbs.); thighs 73.00 (based on 1,195,000 lbs.); drumsticks 73.50 (based on 1,051,000 lbs.); leg quarters 51.50 (based on 7,830,000 lbs.); and wings $1.3750 (based on 3,135,000 lbs.). Demand on line run tenders, skinless boneless breasts, and wings is normal to good, occasionally light; demand on whole breasts is normal to good, mostly normal; demand on boneless skinless thigh meat is good to light, mostly good, occasionally normal; demand on thighs and drumsticks is good to normal, mostly good; and demand on leg quarters is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is 171,001 head. Estimated hen slaughter for the corresponding week a year ago was 180,250 head.
* Estimated total slaughter for the week ending today for broilers and fryers is 23,040,900 head. This compares with 24,142,300 head of broilers and fryers for the corresponding week a year ago.
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