Market news, vol. 49, no. 3 (2015 January 16)

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

16 JANUARY 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. 3

12 JANUARY 2015 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.14 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 98% (representing 1,006 loads) of the loads offered have been confirmed within a range of $1.03 to $1.20 with a final weighted average of $1.1300 f.o.b. dock or equivalent. The market is firm to steady and the live supply is adequate to short for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,782,200 head. This compares with 4,772,000 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 $1.93 (based on 2,004,000 lbs.); skinless boneless breasts $1.9850 (based on 7,195,000 lbs.); whole breasts $1.2650 (based on 1,499,000 lbs.); boneless skinless thigh meat $1.3250 (based on 1,294,000 lbs.); thighs 77.00 (based on 1,173,000 lbs.); drumsticks 63.50 (based on 2,042,000 lbs.); leg quarters 52.00 (based on 8,657,000 lbs.); and wings $1.6050 (based on 3,893,000 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 normal to light, mostly normal, occasionally good; and demand on drumsticks is normal to good, mostly normal.

13 JANUARY 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.14. The final weighted average was $1.1300 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, occasionally light, demand. Average weights are desirable with a mostly steady to firm, occasionally higher, price trend. Estimated slaughter today is 4,757,100 head. This compares with 4,742,600 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.93 skinless boneless breasts $1.9850 whole breasts $1.2650; boneless skinless thigh meat $1.3250; thighs 77.00; drumsticks 63.50; leg quarters 52.00; and wings $1.6050. Cooler inventories and supplies on all parts are balanced to occasionally light with a mostly good to balanced, occasionally light and very good, demand. Price trend on all parts is mostly higher to lower, occasionally steady.

14 JANUARY 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.1425 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is firm to steady and the live supply is adequate to short for a good to normal, occasionally light, demand. Average weights are desirable. Estimated slaughter today is 4,738,500 head. This compares with 4,739,700 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 $1.9050; skinless boneless breasts $1.9050; whole breasts $1.27; boneless skinless thigh meat $1.50; thighs 72.50; drumsticks 57.50; leg quarters 51.50 and wings $1.6650 Demand on line run tenders, skinless boneless breasts and wings and is good to normal, mostly good; demand on whole breasts, thighs and drumsticks is normal to good, mostly normal; demand on boneless skinless thigh meat is mostly normal, occasionally light to good; and demand on leg quarters is good to normal, mostly good, occasionally light.
Note: On January 15, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0450.
15 JANUARY 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1425 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 76% (representing 780 loads) of the loads offered have been confirmed within a price range of $1.0410 to $1.20 with a preliminary weighted average of $1.1345 f.o.b. dock or equivalent. The market is steady to firm and the live supply is adequate to short for good to normal, occasionally light, demand. Average weights are desirable. Estimated slaughter today is 4,706,100 head. This compares with 4,730,600 head last Thursday.
16 JANUARY 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1425 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 85% (representing 871 loads) of the loads offered have been confirmed within a range of $1.0410 to $1.20 with a preliminary weighted average of $1.1342 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, occasionally light, demand. Average weights are desirable. Estimated slaughter today and Saturday is 4,850,300 head. This compares with 4,861,400 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 $1.92 (based on 1,745,000 lbs.); skinless boneless breasts $1.9450 (based on 7,565,000 lbs.); whole breasts $1.2950 (based on 870,000 lbs.); boneless skinless thigh meat $1.51 (based on 1,892,000 lbs.); thighs 76.50 (based on 1,094,000 lbs.); drumsticks 62.50 (based on 1,703,000 lbs.); leg quarters 51.50 (based on 7,222,000 lbs.); and wings $1.6450 (based on 3,602,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions of boneless skinless thigh meat and leg quarters which is good to normal, mostly good, occasionally light; and thighs which is normal to good, mostly normal.
Estimated hen slaughter for the week ending today is 219,764 head. Estimated hen slaughter for the corresponding week a year ago was 210,060 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,834,200 head. This compares with 23,790,200 head of broilers and fryers for the corresponding week a year ago.
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