Market news, vol. 49, no. 30 (2015 July 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

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

24 JULY 2015

Vol. XLIX No. 30

20 JULY 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 92 to $1.2147 with a final weighted average of $1.1403 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to short to occasionally long for a light to normal to occasionally good demand. Average weights are desirable. Estimated slaughter today is 4,746,300 head. This compares with 4,745,200 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 $2.0350 (based on 2,055,000 lbs.); skinless boneless breasts $2.0150 (based on 9,061,000 lbs.); whole breasts $1.3050 (based on 1,679,000 lbs.); boneless skinless thigh meat $1.4950 (based on 2,278,000 lbs.); thighs 76.50 (based on 1,173,000 lbs.); drumsticks 55.00 (based on 2,287,000 lbs.); leg quarters 45.50 (based on 8,397,000 lbs.); and wings $1.67 (based on 4,001,000 lbs.). Demand on line run tenders is mostly good to light, occasionally normal; demand on skinless boneless breasts, boneless skinless thigh meat and leg quarters is good to normal, mostly good, occasionally light; demand on drumsticks is normal to good, mostly normal; and demand on thighs and wings is good to normal, mostly good.

21 JULY 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 $1.1403 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 short to occasionally long for a light to normal to occasionally good demand. Average weights are desirable with a mostly steady to lower, occasionally weak and firm price trend. Estimated slaughter today is 4,721,400 head. This compares with 4,715,800 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.0350 skinless boneless breasts $2.0150 whole breasts $1.3050; boneless skinless thigh meat $1.4950; thighs 76.50; drumsticks 55.00; leg quarters 45.50; and wings $1.67. 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 weak and steady.

22 JULY 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .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 steady to firm to occasionally weak and the live supply is adequate to short to occasionally long, for a light to normal to occasionally good demand. Average weights are desirable. Estimated slaughter today is 4,711,800 head. This compares with 4,737,400 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 $2.0250; skinless boneless breasts $1.88; whole breasts $1.2750; boneless skinless thigh meat $1.5050; thighs 73.00; drumsticks 50.00; leg quarters 45.50 and wings $1.6650 Demand on line run tenders is mostly good, occasionally light to normal; demand on skinless boneless breasts, boneless skinless thigh meat and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts and drumsticks is normal to good, mostly normal; and demand on thighs and wings is good to normal, mostly good.
Note: On July 23, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1275.
23 JULY 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. 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 $1.15 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to short to occasionally long for a light to normal to occasionally good demand. Average weights are desirable. Estimated slaughter today is 4,723,500 head. This compares with 4,717,100 head last Thursday.
24 JULY 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. 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 $1.1494 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to short to occasionally long for a light to normal to occasionally good demand. Average weights are desirable. Estimated slaughter today is 4,682,200 head. This compares with 4,629,800 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 $2.0150 (based on 1,785,000 lbs.); skinless boneless breasts $2.00 (based on 7,480,000 lbs.); whole breasts $1.31 (based on 870,000 lbs.); boneless skinless thigh meat $1.49 (based on 1,972,000 lbs.); thighs 76.00 (based on 1,094,000 lbs.); drumsticks 53.00 (based on 1,689,000 lbs.); leg quarters 45.50 (based on 7,222,000 lbs.); and wings $1.6450 (based on 3,654,000 lbs.). Demand on line run tenders is mostly good, occasionally light to normal; demand on skinless boneless breasts, boneless skinless thigh meat and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts, thighs and wings is good to normal, mostly good; and demand on drumsticks is normal to good, mostly normal.
Estimated hen slaughter for the week ending today is 259,138 head. Estimated hen slaughter for the corresponding week a year ago was 162,450 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,585,200 head. This compares with 23,900,300 head of broilers and fryers for the corresponding week a year ago.