Market news, vol. 48, no. 39 (2014 September 26)

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

26 SEPTEMBER 2014

Georgia f.o.b. Dock Tel: 404-656-3656 Recorded Message Tel: 404-656-3709 Internet Address: www.agr.georgia.gov
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Vol. XLVIII No. 39

22 SEPTEMBER 2014 MONDAY
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. 100% (representing 1,021 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 to short for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,464,900 head. This compares with 4,786,000 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 $2.2950 (based on 1,955,000 lbs.); skinless boneless breasts $2.1950 (based on 8,291,000 lbs.); whole breasts $1.2650 (based on 1,794,000 lbs.); boneless skinless thigh meat $1.4650 (based on 1,565,000 lbs.); thighs 76.50 (based on 1,327,000 lbs.); drumsticks 66.00 (based on 1,850,000 lbs.); leg quarters 52.50 (based on 9,079,000 lbs.); and wings $1.5050 (based on 3,674,000 lbs.). Demand most parts is good to normal, mostly good; with the exceptions of line run tenders, boneless skinless thigh meat and leg quarters which is good to normal, mostly good, occasionally light.

23 SEPTEMBER 2014 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375. 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 to short for a good to normal demand. Average weights are desirable with a mostly steady to firm to occasionally weak and lower price trend. Estimated slaughter today is 4,892,400 head. This compares with 4,753,300 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.2950 skinless boneless breasts $2.1950 whole breasts $1.2650; boneless skinless thigh meat $1.4650; thighs 76.50; drumsticks 66.00; leg quarters 52.50; and wings $1.5050. 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 steady, weak and firm.

24 SEPTEMBER 2014 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $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 to short for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,864,300 head. This compares with 4,767,300 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 $2.28; skinless boneless breasts $2.1950; whole breasts $1.25; boneless skinless thigh meat $1.5050; thighs 72.00; drumsticks 59.00; leg quarters 52.00 and wings $1.5850. 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.
Note: On September 25, 2013, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.06.
25 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. 76% (representing 778 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.19 with a preliminary weighted average of $1.1262 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 demand. Average weights are desirable to a little heavy. Estimated slaughter today is 4,805,500 head. This compares with 4,798,100 head last Thursday.
26 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 850 loads) of the loads offered have been confirmed within a range of $1.04 to $1.19 with a preliminary weighted average of $1.1258 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 demand. Average weights are desirable. Estimated slaughter today is 4,706,800 head. This compares with 4,722,200 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 $2.2550 (based on 1,664,000 lbs.); skinless boneless breasts $2.2050 (based on 6,786,000 lbs.); whole breasts $1.30 (based on 1,174,000 lbs.); boneless skinless thigh meat $1.42 (based on 1,391,000 lbs.); thighs 76.00 (based on 1,218,000 lbs.); drumsticks 65.50 (based on 1,499,000 lbs.); leg quarters 52.50 (based on 7,909,000 lbs.); and wings $1.55 (based on 3,473,000 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 light; and drumsticks which is good to normal.
Estimated hen slaughter for the week ending today is 245,301 head. Estimated hen slaughter for the corresponding week a year ago was 194,265 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,733,900 head. This compares with 23,467,600 head of broilers and fryers for the corresponding week a year ago.