Market news, vol. 49, no. 26 (2015 June 26)

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

26 JUNE 2015

Vol. XLIX No. 26

22 JUNE 2015 MONDAY

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. 100% (representing 1,023 loads) of the loads offered have been confirmed within a range of $1.00 to $1.2135 with a final weighted average of $1.1422 f.o.b. dock or equivalent. The market is firm to steady 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 4,715,800 head. This compares with 4,742,900 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 $2.07 (based on 2,037,000 lbs.); skinless boneless breasts $2.0550 (based on 8,726,000 lbs.); whole breasts $1.31 (based on 1,523,000 lbs.); boneless skinless thigh meat $1.5250 (based on 1,960,000 lbs.); thighs 76.50 (based on 1,233,000 lbs.); drumsticks 58.50 (based on 2,109,000 lbs.); leg quarters 46.00 (based on 8,302,000 lbs.); and wings $1.6650 (based on 3,771,000 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 mostly good, occasionally light to normal; and drumsticks which is normal to good, mostly normal.

23 JUNE 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.16. The final weighted average was $1.1422 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 adequate to long for a normal to good to occasionally light demand. Average weights are desirable with a mostly firm to steady, occasionally weak and lower, price trend. Estimated slaughter today is 4,716,800 head. This compares with 4,703,100 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.07 skinless boneless breasts $2.0550 whole breasts $1.31; boneless skinless thigh meat $1.5250; thighs 76.50; drumsticks 58.50; 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 light, occasionally good, demand. Price trend on all parts is mostly higher to lower, occasionally steady and weak.

24 JUNE 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.1625 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 short to adequate to occasionally long, for a good to normal to occasionally light demand. Average weights are desirable to a little light. Estimated slaughter today is 4,714,300 head. This compares with 4,729,000 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 $2.08; skinless boneless breasts $1.9450; whole breasts $1.2650; boneless skinless thigh meat $1.53; thighs 70.00; drumsticks 52.00; leg quarters 46.00 and wings $1.67 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 mostly good, occasionally light and normal; and drumsticks which is normal to good, mostly normal.
Note: On June 25, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1175.
25 JUNE 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1625 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 80% (representing 817 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.21 with a preliminary weighted average of $1.1529 f.o.b. dock or equivalent. The market 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 to a little light. Estimated slaughter today is 4,744,500 head. This compares with 4,707,900 head last Thursday.
26 JUNE 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1625 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 88% (representing 898 loads) of the loads offered have been confirmed within a range of $1.04 to $1.21 with a preliminary weighted average of $1.1524 f.o.b. dock or equivalent. The market 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 to a little light. Estimated slaughter today and Saturday is 5,032,300 head. This compares with 4,646,100 head last Friday.
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 $2.05 (based on 1,744,000 lbs.); skinless boneless breasts $2.0450 (based on 7,442,000 lbs.); whole breasts $1.32 (based on 830,000 lbs.); boneless skinless thigh meat $1.37 (based on 2,331,000 lbs.); thighs 77.00 (based on 1,064,000 lbs.); drumsticks 64.50 (based on 1,376,000 lbs.); leg quarters 46.00 (based on 7,207,000 lbs.); and wings $1.66 (based on 3,695,000 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; and boneless skinless thigh meat which is mostly good to occasionally light.
Estimated hen slaughter for the week ending today is 245,990 head. Estimated hen slaughter for the corresponding week a year ago was 184,620 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,923,700 head. This compares with 23,641,800 head of broilers and fryers for the corresponding week a year ago.