Market news, vol. 49, no. 25 (2015 June 19)

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
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Market News Poultry Division Published Weekly

19 JUNE 2015

Vol. XLIX No. 25

15 JUNE 2015 MONDAY

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. 100% (representing 1,022 loads) of the loads offered have been confirmed within a range of $1.00 to $1.2135 with a final weighted average of $1.1411 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. Estimated slaughter today is 4,742,900 head. This compares with 4,710,700 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 $2.0650 (based on 2,063,000 lbs.); skinless boneless breasts $2.03 (based on 8,802,000 lbs.); whole breasts $1.31 (based on 1,520,000 lbs.); boneless skinless thigh meat $1.3850 (based on 2,478,000 lbs.); thighs 76.50 (based on 1,203,000 lbs.); drumsticks 63.00 (based on 1,824,000 lbs.); leg quarters 46.00 (based on 8,262,000 lbs.); and wings $1.6650 (based on 3,855,000 lbs.). Demand on line run tenders, skinless boneless breasts and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts, thighs and wings is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally light to normal; and demand on drumsticks is normal to good, mostly normal.

16 JUNE 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1575. The final weighted average was $1.1411 f.o.b. dock or equivalent. The market tone for next week's trading is firm to steady and the live supply is adequate to short for a good to normal demand. Average weights are desirable to a little light with a mostly higher to weak and firm, occasionally steady, price trend. Estimated slaughter today is 4,703,100 head. This compares with 4,682,600 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.0650 skinless boneless breasts $2.03 whole breasts $1.31; boneless skinless thigh meat $1.3850; thighs 76.50; drumsticks 63.00; leg quarters 46.00; and wings $1.6650. 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 lower to higher, occasionally steady and weak.

17 JUNE 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.16 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market 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 to a little light to occasionally a little heavy. Estimated slaughter today is 4,729,000 head. This compares with 4,752,000 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 $2.0750; skinless boneless breasts $1.9450; whole breasts $1.27; boneless skinless thigh meat $1.4550; thighs 71.50; drumsticks 55.50; leg quarters 46.00 and wings $1.67 Demand on line run tenders, skinless boneless breasts and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts, thighs and wings is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally light and normal; and demand on drumsticks is normal to good, mostly normal.
Note: On June 18, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1125.
18 JUNE 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.16 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 80% (representing 822 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.21 with a preliminary weighted average of $1.1503 f.o.b. dock or equivalent. The market 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 to a little light. Estimated slaughter today is 4,707,900 head. This compares with 4,726,800 head last Thursday.
19 JUNE 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.16 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 88% (representing 903 loads) of the loads offered have been confirmed within a range of $1.04 to $1.21 with a preliminary weighted average of $1.1505 f.o.b. dock or equivalent. The market 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 to a little light. Estimated slaughter today is 4,646,100 head. This compares with 4,907,000 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 $2.07 (based on 1,728,000 lbs.); skinless boneless breasts $2.05 (based on 7,238,000 lbs.); whole breasts $1.31 (based on 910,000 lbs.); boneless skinless thigh meat $1.5350 (based on 1,774,000 lbs.); thighs 76.50 (based on 1,124,000 lbs.); drumsticks 57.00 (based on 1,716,000 lbs.); leg quarters 46.00 (based on 7,262,000 lbs.); and wings $1.6650 (based on 3,499,000 lbs.). 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; boneless skinless thigh meat which is good to light, mostly good, and drumsticks which is normal to good, mostly normal.
Estimated hen slaughter for the week ending today is 291,057 head. Estimated hen slaughter for the corresponding week a year ago was 296,335 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,529,000 head. This compares with 23,582,100 head of broilers and fryers for the corresponding week a year ago.