Market news, vol. 48, no. 50 (2014 December 12)

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

12 DECEMBER 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. 50

8 DECEMBER 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 1,013 loads) of the loads offered have been confirmed within a range of $1.04 to $1.19 with a final weighted average of $1.1295 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to short to occasionally long for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,769,500 head. This compares with 4,523,400 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 $1.94 (based on 2,062,000 lbs.); skinless boneless breasts $1.9850 (based on 8,231,000 lbs.); whole breasts $1.2350 (based on 1,954,000 lbs.); boneless skinless thigh meat $1.51 (based on 1,513,000 lbs.); thighs 75.00 (based on 1,327,000 lbs.); drumsticks 61.50 (based on 1,954,000 lbs.); leg quarters 51.50 (based on 9,099,000 lbs.); and wings $1.57 (based on 3,746,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts and drumsticks which is normal to good, mostly normal; and thighs and wings which is good to normal, mostly good.
9 DECEMBER 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 $1.1295 f.o.b. dock or equivalent. The market tone for next week's trading is mostly 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 lower, firm and occasionally weak price trend. Estimated slaughter today is 4,705,300 head. This compares with 4,772,700 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.94 skinless boneless breasts $1.9850 whole breasts $1.2350; boneless skinless thigh meat $1.51; thighs 75.00; drumsticks 61.50; leg quarters 51.50; and wings $1.57. Cooler inventories and supplies on all parts are balanced to occasionally heavy and light with a mostly balanced to good, occasionally light demand. Price trend on all parts is mostly higher to lower, occasionally weak and steady.

10 DECEMBER 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 steady to firm and the live supply is adequate to short for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,706,000 head. This compares with 4,744,500 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 $1.87; skinless boneless breasts $1.85; whole breasts $1.1850; boneless skinless thigh meat $1.5150; thighs 68.50; drumsticks 55.00; leg quarters 51.50 and wings $1.5550 Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts and drumsticks which is normal to good, mostly normal; and thighs and wings which is good to normal, mostly good.
Note: On December 11, 2013, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0425.
11 DECEMBER 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. 78% (representing 803 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.1850 with a preliminary weighted average of $1.1308 f.o.b. dock or equivalent. The market is steady to firm and the live supply is adequate to short for good to normal demand. Average weights are desirable. Estimated slaughter today is 4,718,300 head. This compares with 4,755,500 head last Thursday.
12 DECEMBER 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. 85% (representing 875 loads) of the loads offered have been confirmed within a range of $1.04 to $1.1850 with a preliminary weighted average of $1.1305 f.o.b. dock or equivalent. The market is steady to firm and the live supply is adequate to short for a good to normal demand. Average weights are desirable to a little light. Estimated slaughter today and Saturday is 4,697,500 head. This compares with 5,022,200 head last Friday and Saturday.
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 $1.9250 (based on 1,677,000 lbs.); skinless boneless breasts $1.96 (based on 6,782,000 lbs.); whole breasts $1.2350 (based on 1,138,000 lbs.); boneless skinless thigh meat $1.53 (based on 1,179,000 lbs.); thighs 75.00 (based on 1,218,000 lbs.); drumsticks 62.50 (based on 1,519,000 lbs.); leg quarters 52.00 (based on 7,909,000 lbs.); and wings $1.56 (based on 3,496,000 lbs.). Demand on line run tenders is good to 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 thighs and wings is good to normal, mostly good; and drumsticks is good to normal.
Estimated hen slaughter for the week ending today is 272,334 head. Estimated hen slaughter for the corresponding week a year ago was 274,322 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,596,600 head. This compares with 22,948,600 head of broilers and fryers for the corresponding week a year ago.