Market news, vol. 48, no. 33 (2014 August 15)

Market News Poultry Division Georgia Department of Agriculture 128 Agriculture Building Capitol Square Atlanta, Georgia, U.S.A. 30334-4200
Gary W. Black, Commissioner

Market News Poultry Division Published Weekly

15 AUGUST 2014

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
Vol. XLVIII No. 33

11 AUGUST 2014 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1275 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,015 loads) of the loads offered have been confirmed within a range of $1.01 to $1.1938 with a final weighted average of $1.1184 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to short for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,826,000 head. This compares with 4,783,200 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 $2.39 (based on 1,934,000 lbs.); skinless boneless breasts $2.19 (based on 8,121,000 lbs.); whole breasts $1.3050 (based on 1,722,000 lbs.); boneless skinless thigh meat $1.4550 (based on 1,636,000 lbs.); thighs 78.00 (based on 1,327,000 lbs.); drumsticks 74.50 (based on 1,580,000 lbs.); leg quarters 56.00 (based on 9,079,000 lbs.); and wings $1.4050 (based on 3,723,000 lbs.). Demand most parts is good to normal, mostly good; with the exception of boneless skinless thigh meat which is mostly good, occasionally light.
12 AUGUST 2014 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1275. The final weighted average was $1.1175 f.o.b. dock or equivalent. The market tone for next week's trading is steady to firm and the live supply is adequate to short for a good to normal demand. Average weights are desirable with a mostly steady to occasionally weak, firm and lower price trend. Estimated slaughter today is 4,755,000 head. This compares with 4,738,000 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.40; skinless boneless breasts $2.19 whole breasts $1.3050; boneless skinless thigh meat $1.50; thighs 78.00; drumsticks 75.50; leg quarters 56.00; and wings $1.3950. Cooler inventories and supplies on all parts are balanced to occasionally light and heavy with a mostly good to balanced, occasionally light demand. Price trend on all parts is mostly lower to higher, occasionally firm, weak and steady.

13 AUGUST 2014 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.1275 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady to firm to occasionally weak and the live supply is adequate to short for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,769,800 head. This compares with 4,796,800 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 $2.4550; skinless boneless breasts $2.18; whole breasts $1.28; boneless skinless thigh meat $1.51; thighs 76.50; drumsticks 67.50; leg quarters 55.50 and wings $1.40. Demand on most parts is good to normal, mostly good; with the exception of boneless skinless thigh meat which is good to normal, mostly good, occasionally light.
Note: On August 14, 2013, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0650.
14 AUGUST 2014 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1275 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 75% (representing 762 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.19 with a preliminary weighted average of $1.1213 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to short for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,815,300 head. This compares with 4,637,400 head last Thursday.
15 AUGUST 2014 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1275 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 84% (representing 853 loads) of the loads offered have been confirmed within a range of $1.04 to $1.19 with a preliminary weighted average of $1.1212 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak, and the live supply is adequate to short for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,385,900 head. This compares with 4,664,600 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 $2.4650 (based on 1,643,000 lbs.); skinless boneless breasts $2.1550 (based on 6,730,000 lbs.); whole breasts $1.30 (based on 1,174,000 lbs.); boneless skinless thigh meat $1.55 (based on 1,460,000 lbs.); thighs 76.00 (based on 1,218,000 lbs.); drumsticks 64.00 (based on 1,695,000 lbs.); leg quarters 55.00 (based on 7,909,000 lbs.); and wings $1.40 (based on 3,461,000 lbs.). Demand on most parts is good to normal, mostly good; with the exception of boneless skinless thigh meat which is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is 320,699 head. Estimated hen slaughter for the corresponding week a year ago was 286,464 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,598,800 head. This compares with 23,540,800 head of broilers and fryers for the corresponding week a year ago.
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