Market news [Vol. 49, no. 36 (Sept. 4, 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

4 SEPTEMBER 2015

Vol. XLIX No. 36

31 AUGUST 2015 MONDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1525 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,013 loads) of the loads offered have been confirmed within a range of 81 to $1.21 with a final weighted average of $1.1343 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 4,673,100 head. This compares with 4,764,200 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 $1.94 (based on 1,993,000 lbs.); skinless boneless breasts $2.04 (based on 8,926,000 lbs.); whole breasts $1.2950 (based on 1,365,000 lbs.); boneless skinless thigh meat $1.41 (based on 2,510,000 lbs.); thighs 75.00 (based on 1,173,000 lbs.); drumsticks 48.50 (based on 2,369,000 lbs.); leg quarters 45.50 (based on 8,944,000 lbs.); and wings $1.5750 (based on 3,960,000 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 light, mostly good, occasionally normal; and drumsticks which is normal to good, mostly normal, occasionally light.

1 SEPTEMBER 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1525. The final weighted average was $1.1343 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 to occasionally short for a good to normal to occasionally light demand. Average weights are desirable with a firm to steady and weak, occasionally lower and higher, price trend. Estimated slaughter today is 4,702,200 head. This compares with 4,749,700 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.94 skinless boneless breasts $2.04; whole breasts $1.2950; boneless skinless thigh meat $1.41; thighs 75.00; drumsticks 48.50; leg quarters 45.50; and wings $1.5750. 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 higher to lower, occasionally steady and weak.

2 SEPTEMBER 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.15 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 long to occasionally short for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,732,000 head. This compares with 4,745,500 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 $1.91; skinless boneless breasts $1.9150; whole breasts $1.2350; boneless skinless thigh meat $1.39; thighs 72.00; drumsticks 43.50; leg quarters 45.00; and wings $1.5850 Demand on most parts is good to normal, mostly good; with the exceptions of line run tenders and skinless boneless breasts which is good to normal, mostly good, occasionally light; drumsticks which is normal to good, mostly normal, occasionally light; and leg quarters which is good to light, mostly good, occasionally normal.
Note: On September 3, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1325.
3 SEPTEMBER 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.15 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 78% (representing 794 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.20 with a preliminary weighted average of $1.1464 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to long to occasionally short for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today is 4,732,800 head. This compares with 4,736,200 head last Thursday.
4 SEPTEMBER 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.15 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 87% (representing 886 loads) of the loads offered have been confirmed within a range of $1.04 to $1.20 with a preliminary weighted average of $1.1458 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to long to occasionally short for a good to normal to occasionally light demand. Average weights are desirable. Estimated slaughter today and Saturday is 4,903,100 head. This compares with 4,972,200 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 $1.9250 (based on 1,666,000 lbs.); skinless boneless breasts $2.05 (based on 7,274,000 lbs.); whole breasts $1.2850 (based on 870,000 lbs.); boneless skinless thigh meat $1.35 (based on 2,454,000 lbs.); thighs 75.00 (based on 1,094,000 lbs.); drumsticks 52.50 (based on 1,480,000 lbs.); leg quarters 45.50 (based on 7,222,000 lbs.); and wings $1.5750 (based on 3,506,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts and thighs which is good to normal, mostly good; and drumsticks which is good to normal.
Estimated hen slaughter for the week ending today is unavailable at this time. Estimated hen slaughter for the corresponding week a year ago was 289,113 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,743,200 head. This compares with 22,991,100 head of broilers and fryers for the corresponding week a year ago.