Market news [Vol. 49, no. 18 (May 1, 2015)]

Market News Poultry Division Georgia Department of Agriculture 128 Agriculture Building Capitol Square Atlanta, Georgia, U.S.A. 30334-4200
Gary W. Black, Commissioner

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

Market News Poultry Division Published Weekly

1 MAY 2015

Vol. XLIX No. 18

27 APRIL 2015 MONDAY

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. 100% (representing 1,029 loads) of the loads offered have been confirmed within a range of $1.04 to $1.21 with a final weighted average of $1.1412 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, occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,617,700 head. This compares with 4,576,700 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 $2.15 (based on 1,983,000 lbs.); skinless boneless breasts $2.0550 (based on 8,638,000 lbs.); whole breasts $1.28 (based on 1,439,000 lbs.); boneless skinless thigh meat $1.4550 (based on 2,331,000 lbs.); thighs 75.50 (based on 1,1179,000 lbs.); drumsticks 58.50 (based on 2,153,000 lbs.); leg quarters 48.50 (based on 8,597,000 lbs.); and wings $1.6850 (based on 3,858,000 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 very good; and leg quarters which is good to normal, mostly good, occasionally light.

28 APRIL 2015 TUESDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1550. The final weighted average was $1.1412 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 steady to higher, occasionally firm, weak and lower, price trend. Estimated slaughter today is 4,605,100 head. This compares with 4,571,600 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.15 skinless boneless breasts $2.0550 whole breasts $1.28; boneless skinless thigh meat $1.4550; thighs 75.50; drumsticks 58.50; leg quarters 48.50; and wings $1.6850. 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 weak, steady and firm.

29 APRIL 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.1575 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 4,615,800 head. This compares with 4,596,000 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 $2.1550; skinless boneless breasts $1.98; whole breasts $1.25; boneless skinless thigh meat $1.4950; thighs 71.50; drumsticks 53.50; leg quarters 49.00 and wings $1.7650 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 very good; drumsticks which is normal to good, mostly normal; and leg quarters which is good to normal, mostly good, occasionally light.
Note: On April 30, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0825
30 APRIL 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1575 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 78% (representing 802 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.20 with a preliminary weighted average of $1.1486 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 4,567,700 head. This compares with 4,634,400 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 $1.1575 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 86% (representing 883 loads) of the loads offered have been confirmed within a range of $1.04 to $1.20 with a preliminary weighted average of $1.1484 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 to occasionally slightly heavy. Estimated slaughter today and Saturday is 4,605,500 head. This compares with 4,669,600 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 $2.15 (based on 1,757,000 lbs.); skinless boneless breasts $1.95 (based on 7,535,000 lbs.); whole breasts $1.23 (based on 870,000 lbs.); boneless skinless thigh meat $1.46 (based on 2,195,000 lbs.); thighs 75.00 (based on 1,094,000 lbs.); drumsticks 57.50 (based on 1,600,000 lbs.); leg quarters 49.00 (based on 7,222,000 lbs.); and wings $1.69 (based on 3,599,000 lbs.). Demand line run tenders is good to occasionally very good and normal; skinless boneless breasts, whole breasts and thighs is good to normal, mostly good; boneless skinless thigh meat is good to occasionally light; drumsticks is normal to good, mostly normal; and leg quarters and wings is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is 387,276 head. Estimated hen slaughter for the corresponding week a year ago was 195,060 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 22,992,000 head. This compares with 23,404,400 head of broilers and fryers for the corresponding week a year ago.