Market news, vol. 49, no. 32 (2015 August 7)

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

7 AUGUST 2015

Vol. XLIX No. 32

3 AUGUST 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 1,022 loads) of the loads offered have been confirmed within a range of 81 to $1.21 with a final weighted average of $1.1342 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 good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,750,400 head. This compares with 4,721,400 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 $2.02 (based on 2,030,000 lbs.); skinless boneless breasts $2.0150 (based on 8,795,000 lbs.); whole breasts $1.30 (based on 1,519,000 lbs.); boneless skinless thigh meat $1.46 (based on 2,137,000 lbs.); thighs 76.00 (based on 1,233,000 lbs.); drumsticks 60.50 (based on 1,779,000 lbs.); leg quarters 45.50 (based on 8,936,000 lbs.); and wings $1.6350 (based on 3,794,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts and drumsticks which is normal to good, mostly normal; and thighs and wings which is good to normal, mostly good.

4 AUGUST 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 $1.1342 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 good to normal to occasionally light demand. Average weights are desirable with a firm and lower to steady and occasionally weak price trend. Estimated slaughter today is 4,744,600 head. This compares with 4,735,900 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.02 skinless boneless breasts $2.0150 whole breasts $1.30; boneless skinless thigh meat $1.46; thighs 76.00; drumsticks 60.50; leg quarters 45.50; and wings $1.6350. Cooler inventories and supplies on all parts are balanced to occasionally heavy and light, with a mostly good to balanced, occasionally light, demand. Price trend on all parts is mostly lower to higher and occasionally steady.

5 AUGUST 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.1550 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 good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,745,000 head. This compares with 4,728,300 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 $1.97; skinless boneless breasts $1.9150; whole breasts $1.2250; boneless skinless thigh meat $1.4350; thighs 70.00; drumsticks 55.50; leg quarters 45.00 and wings $1.6350 Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of skinless boneless breasts which is mostly good, occasionally very good and normal; and whole breasts, thighs and wings which is good to normal, mostly good.
Note: On August 6, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1275.
6 AUGUST 2015 THURSDAY
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. 76% (representing 782 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.21 with a preliminary weighted average of $1.1479 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 good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,735,400 head. This compares with 4,730,800 head last Thursday.
7 AUGUST 2015 FRIDAY
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. 85% (representing 873 loads) of the loads offered have been confirmed within a range of $1.04 to $1.21 with a preliminary weighted average of $1.1474 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 good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today and Saturday is 4,949,400 head. This compares with 4,710,900 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 $1.97 (based on 1,651,000 lbs.); skinless boneless breasts $1.9950 (based on 7,607,000 lbs.); whole breasts $1.2950 (based on 830,000 lbs.); boneless skinless thigh meat $1.46 (based on 2,083,000 lbs.); thighs 76.00 (based on 1,064,000 lbs.); drumsticks 61.00 (based on 1,428,000 lbs.); leg quarters 45.50 (based on 7,207,000 lbs.); and wings $1.61 (based on 3,638,000 lbs.). Demand on most parts is good to normal, mostly good; with the exception of leg quarters which is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is 259,400 head. Estimated hen slaughter for the corresponding week a year ago was 214,554 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,924,800 head. This compares with 23,637,000 head of broilers and fryers for the corresponding week a year ago.