Market news, vol. 48, no. 35 (2014 August 29)

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

29 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. 35

25 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 1,014 loads) of the loads offered have been confirmed within a range of $1.01 to $1.1938 with a final weighted average of $1.1181 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 4,622,800 head. This compares with 4,688,800 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 $2.4050 (based on 1,996,000 lbs.); skinless boneless breasts $2.18 (based on 8,173,000 lbs.); whole breasts $1.29 (based on 1,794,000 lbs.); boneless skinless thigh meat $1.4550 (based on 1,699,000 lbs.); thighs 78.00 (based on 1,327,000 lbs.); drumsticks 67.50 (based on 2,046,000 lbs.); leg quarters 54.00 (based on 9,079,000 lbs.); and wings $1.4350 (based on 3,670,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions of boneless skinless thigh meat which is good to light, mostly good; and leg quarters which is normal to good, mostly normal.
26 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 $1.1181 f.o.b. dock or equivalent. The market tone for next week's trading 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 with a mostly steady to firm, occasionally higher and lower price trend. Estimated slaughter today is 4,790,800 head. This compares with 4,822,700 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.4050 skinless boneless breasts $2.18 whole breasts $1.29; boneless skinless thigh meat $1.4550; thighs 78.00; drumsticks 67.50; leg quarters 54.00; and wings $1.4350. Cooler inventories and supplies on all parts are balanced to occasionally light with a mostly good to balanced, occasionally light demand. Price trend on all parts is mostly lower to higher, occasionally firm, weak and steady.

27 AUGUST 2014 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.13 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 demand. Average weights are desirable. Estimated slaughter today is 4,803,600 head. This compares with 4,787,600 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 $2.47; skinless boneless breasts $2.16; whole breasts $1.2650; boneless skinless thigh meat $1.4650; thighs 75.00; drumsticks 63.50; leg quarters 53.00 and wings $1.4550. Demand on most parts is good to normal, mostly good; with the exceptions of boneless skinless thigh meat which is light to good, occasionally normal; drumsticks and leg quarters which is normal to good, mostly normal.
Note: On August 28, 2013, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0650.
28 AUGUST 2014 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.13 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 76% (representing 773 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.19 with a preliminary weighted average of $1.1221 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 to a little heavy. Estimated slaughter today is 4,787,100 head. This compares with 4,801,500 head last Thursday.
29 AUGUST 2014 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.13 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 85% (representing 865 loads) of the loads offered have been confirmed within a range of $1.04 to $1.19 with a preliminary weighted average of $1.1220 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 to a little heavy. Estimated slaughter today and Saturday is 4,375,300 head. This compares with 4,753,200 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 $2.4050 (based on 1,619,000 lbs.); skinless boneless breasts $2.1850 (based on 6,829,000 lbs.); whole breasts $1.30 (based on 1,138,000 lbs.); boneless skinless thigh meat $1.44 (based on 1,310,000 lbs.); thighs 77.00 (based on 1,218,000 lbs.); drumsticks 71.00 (based on 1,413,000 lbs.); leg quarters 53.00 (based on 7,909,000 lbs.); and wings $1.4450 (based on 3,508,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions of line run tenders and boneless skinless thigh meat which is good to normal, mostly good, occasionally light; and leg quarters which is normal to good, mostly normal, occasionally light.
Estimated hen slaughter for the week ending today is not available at this time. Estimated hen slaughter for the corresponding week a year ago was 172,847 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,379,600 head. This compares with 23,618,300 head of broilers and fryers for the corresponding week a year ago.
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