Market news [Vol. 49, no. 34 (Aug. 21, 2015)]

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

21 AUGUST 2015

Vol. XLIX No. 34

17 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 1,028 loads) of the loads offered have been confirmed within a range of 81 to $1.21 with a final weighted average of $1.1341 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 to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,725,300 head. This compares with 4,885,600 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 $1.9450 (based on 2,032,000 lbs.); skinless boneless breasts $2.02 (based on 8,873,000 lbs.); whole breasts $1.2950 (based on 1,439,000 lbs.); boneless skinless thigh meat $1.5350 (based on 1,969,000 lbs.); thighs 75.50 (based on 1,203,000 lbs.); drumsticks 53.00 (based on 2,130,000 lbs.); leg quarters 45.50 (based on 8,612,000 lbs.); and wings $1.58 (based on 3,871,000 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.

18 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 $1.1341 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 higher to lower, occasionally steady, weak and firm price trend. Estimated slaughter today is 4,756,200 head. This compares with 4,689,400 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.9450 skinless boneless breasts $2.02; whole breasts $1.2950; boneless skinless thigh meat $1.5350; thighs 75.50; drumsticks 53.00; leg quarters 45.50; and wings $1.58. Cooler inventories and supplies on all parts are balanced to occasionally light and heavy, with a mostly good to balanced, occasionally light, demand. Price trend on all parts is mostly higher and lower, occasionally weak and steady.

19 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 4,754,100 head. This compares with 4,761,000 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 $1.9350; skinless boneless breasts $1.95; whole breasts $1.23; boneless skinless thigh meat $1.52; thighs 70.50; drumsticks 47.50; leg quarters 45.00; and wings $1.5950 Demand on most parts is good to normal, mostly good; with the exceptions of drumsticks which is normal to good, mostly normal; leg quarters which is good to normal, mostly good, occasionally light; and wings which is good to normal, mostly good, occasionally very good.
Note: On August 20, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1275.
20 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. 78% (representing 798 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.21 with a preliminary weighted average of $1.1484 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 4,738,700 head last Thursday.
21 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. 87% (representing 888 loads) of the loads offered have been confirmed within a 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 4,679,200 head. This compares with 4,650,600 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 $1.9350 (based on 1,757,000 lbs.); skinless boneless breasts $2.0350 (based on 7,234,000 lbs.); whole breasts $1.2950 (based on 910,000 lbs.); boneless skinless thigh meat $1.38 (based on 2,164,000 lbs.); thighs 75.50 (based on 1,124,000 lbs.); drumsticks 47.50 (based on 1,925,000 lbs.); leg quarters 45.50 (based on 7,262,000 lbs.); and wings $1.57 (based on 3,538,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions of drumsticks which is normal to good, mostly normal; and leg quarters which is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is unavailable at this time. Estimated hen slaughter for the corresponding week a year ago was 206,026 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,665,200 head. This compares with 23,853,800 head of broilers and fryers for the corresponding week a year ago.