Market news, vol. 48, no. 38 (2014 September 19)

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

19 SEPTEMBER 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. 38

15 SEPTEMBER 2014 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1350 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,020 loads) of the loads offered have been confirmed within a range of $1.0165 to $1.19 with a final weighted average of $1.1224 f.o.b. dock or equivalent. The market is firm to steady to occasionally weak and the live supply is adequate for a normal to very good to good demand. Average weights are desirable. Estimated slaughter today is 4,786,000 head. This compares with 4,659,500 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 $2.3750 (based on 1,955,000 lbs.); skinless boneless breasts $2.20 (based on 8,070,000 lbs.); whole breasts $1.2850 (based on 1,794,000 lbs.); boneless skinless thigh meat $1.48 (based on 1,316,000 lbs.); thighs 76.50 (based on 1,327,000 lbs.); drumsticks 65.00 (based on 2,110,000 lbs.); leg quarters 53.00 (based on 9,079,000 lbs.); and wings $1.4650 (based on 3,652,000 lbs.). Demand on line run tenders, boneless skinless thigh meat and leg quarters is good to normal, mostly good, occasionally light; demand on skinless boneless breasts is normal to good, mostly normal; and demand on whole breasts, thighs, drumsticks and wings is good to normal, mostly good.

16 SEPTEMBER 2014 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1350. The final weighted average was $1.1224 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 for a normal to very good to light demand. Average weights are desirable with a mostly steady to firm to occasionally weak and lower price trend. Estimated slaughter today is 4,753,300 head. This compares with 4,831,100 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.3750 skinless boneless breasts $2.20 whole breasts $1.2850; boneless skinless thigh meat $1.48; thighs 76.50; drumsticks 65.00; leg quarters 53.00; and wings $1.4650. Cooler inventories and supplies on all parts are balanced to occasionally light with a mostly balanced to good, occasionally light demand. Price trend on all parts is mostly lower to higher, occasionally weak and steady.

17 SEPTEMBER 2014 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.1375 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is firm to steady to occasionally weak and the live supply is adequate for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,767,300 head. This compares with 4,860,200 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 $2.32; skinless boneless breasts $2.1650; whole breasts $1.2550; boneless skinless thigh meat $1.55; thighs 73.00; drumsticks 59.50; leg quarters 52.00 and wings $1.50. Demand on most parts is good to normal, mostly good; with the exceptions of line run tenders and leg quarters which is good to normal, mostly good, occasionally light; and boneless skinless thigh meat which is normal to good, mostly normal, occasionally light.
Note: On September 18, 2013, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0625.
18 SEPTEMBER 2014 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 75% (representing 769 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.19 with a preliminary weighted average of $1.1260 f.o.b. dock or equivalent. The market is firm to steady to occasionally weak and the live supply is adequate to short for good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,798,100 head. This compares with 4,763,900 head last Thursday.
19 SEPTEMBER 2014 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 84% (representing 861 loads) of the loads offered have been confirmed within a range of $1.04 to $1.19 with a preliminary weighted average of $1.1259 f.o.b. dock or equivalent. The market is firm to steady 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 4,722,200 head. This compares with 4,721,500 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 $2.29 (based on 1,569,000 lbs.); skinless boneless breasts $2.1950 (based on 6,822,000 lbs.); whole breasts $1.30 (based on 1,138,000 lbs.); boneless skinless thigh meat $1.4550 (based on 1,389,000 lbs.); thighs 76.50 (based on 1,218,000 lbs.); drumsticks 66.50 (based on 1,532,000 lbs.); leg quarters 52.50 (based on 7,909,000 lbs.); and wings $1.5050 (based on 3,465,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions line run tenders, boneless skinless thigh meat and leg quarters which is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is 233,400 head. Estimated hen slaughter for the corresponding week a year ago was 223,368 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,826,900 head. This compares with 23,528,100 head of broilers and fryers for the corresponding week a year ago.
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