Market news, vol. 49, no. 17 (2015 April 24)

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

24 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. 17

20 APRIL 2015 MONDAY
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. 100% (representing 1,029 loads) of the loads offered have been confirmed within a range of $1.04 to $1.2050 with a final weighted average of $1.1387 f.o.b. dock or equivalent. The market is firm to steady and the live supply is short to adequate for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,576,700 head. This compares with 4,591,800 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 $2.0950 (based on 2,040,000 lbs.); skinless boneless breasts $2.04 (based on 8,483,000 lbs.); whole breasts $1.2550 (based on 1,624,000 lbs.); boneless skinless thigh meat $1.55 (based on 1,833,000 lbs.); thighs 76.00 (based on 1,233,000 lbs.); drumsticks 60.50 (based on 2,240,000 lbs.); leg quarters 49.00 (based on 8,752,000 lbs.); and wings $1.7050 (based on 3,783,000 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 thighs is good to normal, mostly good; demand on boneless skinless thigh meat is good to occasionally light and normal; and demand on drumsticks is normal to good.
21 APRIL 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.15. The final weighted average was $1.1387 f.o.b. dock or equivalent. The market tone for next week's trading 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 with a mostly higher to firm, occasionally steady to lower and weak, price trend. Estimated slaughter today is 4,571,600 head. This compares with 4,595,200 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.0950 skinless boneless breasts $2.04 whole breasts $1.2550; boneless skinless thigh meat $1.55; thighs 76.00; drumsticks 60.50; leg quarters 49.00; and wings $1.7050. 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 and higher, occasionally steady and weak.

22 APRIL 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .50 to $1.1550 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 4,596,000 head. This compares with 4,556,300 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 $2.14; skinless boneless breasts $1.9650; whole breasts $1.23; boneless skinless thigh meat $1.5550; thighs 69.50; drumsticks 52.00; leg quarters 48.50 and wings $1.7550 Demand on most parts is good to normal, mostly good; with the exceptions of skinless boneless breasts and leg quarters which is good to normal, mostly good, occasionally light; and boneless skinless thigh meat which is mostly good, occasionally light to normal.
Note: On April 23, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.08
23 APRIL 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1550 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 79% (representing 812 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.21 with a preliminary weighted average of $1.1463 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 4,634,400 head. This compares with 4,614,900 head last Thursday.
24 APRIL 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1550 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 87% (representing 893 loads) of the loads offered have been confirmed within a range of $1.04 to $1.21 with a preliminary weighted average of $1.1465 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 4,669,600 head. This compares with 4,629,000 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 $2.1450 (based on 1,678,000 lbs.); skinless boneless breasts $2.05 (based on 7,163,000 lbs.); whole breasts $1.30 (based on 830,000 lbs.); boneless skinless thigh meat $1.45 (based on 2,145,000 lbs.); thighs 75.00 (based on 1,070,000 lbs.); drumsticks 57.50 (based on 1,673,000 lbs.); leg quarters 49.00 (based on 7,207,000 lbs.); and wings $1.69 (based on 3,586,000 lbs.). Demand most parts is good to normal, mostly good; with the exceptions of line run tenders which is good to normal, mostly good, occasionally very good; skinless boneless breasts and leg quarters which is good to normal, mostly good, occasionally light; and boneless skinless thigh meat which is good to occasionally light.
Estimated hen slaughter for the week ending today is 261,150 head. Estimated hen slaughter for the corresponding week a year ago was 234,678 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,048,300 head. This compares with 23,500,300 head of broilers and fryers for the corresponding week a year ago.