Market news, vol. 49, no. 16 (2015 April 17)

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

17 APRIL 2015

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. XLIX No. 16

13 APRIL 2015 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1475 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,028 loads) of the loads offered have been confirmed within a range of $1.02 to $1.20 with a final weighted average of $1.1358 f.o.b. dock or equivalent. The market is firm to steady to occasionally weak and the live supply is short to adequate for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,591,800 head. This compares with 4,576,400 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 $2.0750 (based on 1,978,000 lbs.); skinless boneless breasts $2.03 (based on 8,589,000 lbs.); whole breasts $1.22 (based on 1,479,000 lbs.); boneless skinless thigh meat $1.47 (based on 2,147,000 lbs.); thighs 76.50 (based on 1,203,000 lbs.); drumsticks 63.00 (based on 1,974,000 lbs.); leg quarters 49.00 (based on 8,512,000 lbs.); and wings $1.70 (based on 3,821,000 lbs.). Demand on line run tenders is good to normal, mostly good, occasionally very good; demand on skinless boneless breasts, leg quarters and wings is good to normal, mostly good, occasionally light; demand on whole breasts and drumsticks is normal to good, mostly normal; demand on boneless skinless thigh meat is good to occasionally light; and demand on thighs is good to normal, mostly good;

14 APRIL 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1475. The final weighted average was $1.1358 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 short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable with a mostly higher to firm, occasionally lower to steady, price trend. Estimated slaughter today is 4,595,200 head. This compares with 4,598,700 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.0750 skinless boneless breasts $2.03 whole breasts $1.22; boneless skinless thigh meat $1.47; thighs 76.50; drumsticks 63.00; leg quarters 49.00; and wings $1.70. 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 steady and weak.

15 APRIL 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.15 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 short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,556,300 head. This compares with 4,601,100 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 $2.0950; skinless boneless breasts $1.9450; whole breasts $1.2050; boneless skinless thigh meat $1.5150; thighs 71.00; drumsticks 55.50; leg quarters 49.00 and wings $1.77 Demand on line run tenders, whole breasts and thighs is good to normal, mostly good; demand on skinless boneless breasts, leg quarters, and wings is good to normal, mostly good, occasionally light; demand on boneless skinless thigh meat is good to light, mostly good, occasionally normal; and demand on drumsticks is normal to good, mostly normal.
Note: On April 16, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0750
16 APRIL 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.15 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 76% (representing 787 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.2050 with a preliminary weighted average of $1.1435 f.o.b. dock or equivalent. The market is firm to steady to occasionally weak and the live supply is short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,614,900 head. This compares with 4,614,000 head last Thursday.
17 APRIL 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.15 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 86% (representing 888 loads) of the loads offered have been confirmed within a range of $1.04 to $1.2050 with a preliminary weighted average of $1.1438 f.o.b. dock or equivalent. The market is firm to steady to occasionally weak and the live supply is short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today and Saturday is 4,629,000 head. This compares with 4,776,600 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 $2.0950 (based on 1,739,000 lbs.); skinless boneless breasts $2.0350 (based on 7,036,000 lbs.); whole breasts $1.25 (based on 910,000 lbs.); boneless skinless thigh meat $1.5050 (based on 1,647,000 lbs.); thighs 76.00 (based on 1,124,000 lbs.); drumsticks 59.50 (based on 1,752,000 lbs.); leg quarters 49.00 (based on 7,262,000 lbs.); and wings $1.7050 (based on 3,511,000 lbs.). Demand on line run tenders is good to normal, mostly good, occasionally very good; demand on skinless boneless breasts, leg quarters and wings is good to normal, mostly good, occasionally light; demand on whole breasts, thighs and drumsticks is good to normal, mostly good; and demand on boneless skinless thigh meat is good to occasionally light.
Estimated hen slaughter for the week ending today is 202,906 head. Estimated hen slaughter for the corresponding week a year ago was 194,740 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 22,987,200 head. This compares with 23,217,200 head of broilers and fryers for the corresponding week a year ago.