Market news [Vol. 49, no. 39 (Sept. 25, 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

25 SEPTEMBER 2015

Vol. XLIX No. 39

21 SEPTEMBER 2015 MONDAY

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. 98% (representing 1,007 loads) of the loads offered have been confirmed within a range of 75 to $1.20 with a final weighted average of $1.1309 f.o.b. dock or equivalent. The market is steady to firm to weak and the live supply is short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today is 4,737,300 head. This compares with 4,712,000 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 $1.91 (based on 1,959,000 lbs.); skinless boneless breasts $2.0050 (based on 9,052,000 lbs.); whole breasts $1.2750 (based on 1,454,000 lbs.); boneless skinless thigh meat $1.46 (based on 2,238,000 lbs.); thighs 74.50 (based on 1,173,000 lbs.); drumsticks 55.50 (based on 1,933,000 lbs.); leg quarters 45.50 (based on 8,843,000 lbs.); and wings $1.5650 (based on 3,891,000 lbs.). Demand on line run tenders, skinless boneless breasts and leg quarters is mostly good, normal to light; demand on whole breasts is normal to good, mostly normal; demand on boneless skinless thigh meat and thighs is mostly good, occasionally light to normal; demand on drumsticks is mostly good, light to normal; and demand on wings is good to normal, mostly good.

22 SEPTEMBER 2015 TUESDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.15. The final weighted average was $1.1309 f.o.b. dock or equivalent. The market tone for next week's trading is firm to steady to occasionally weak and the live supply is short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable to occasionally heavy with a higher to lower, occasionally steady and firm, price trend. Estimated slaughter today is 4,714,500 head. This compares with 4,792,700 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.91 skinless boneless breasts $2.0050; whole breasts $1.2750; boneless skinless thigh meat $1.46; thighs 74.50; drumsticks 55.50; leg quarters 45.50; and wings $1.5650. Cooler inventories and supplies on all parts are balanced to occasionally heavy and light, with a mostly balanced to good, occasionally light to very good demand. Price trend on all parts is mostly higher to lower, occasionally steady, weak and firm.

23 SEPTEMBER 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.15 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is firm to steady to occasionally weak and the live supply is short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today is 4,715,500 head. This compares with 4,714,100 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 $1.84; skinless boneless breasts $1.82; whole breasts $1.2250; boneless skinless thigh meat $1.4650; thighs 71.50; drumsticks 51.50; leg quarters 45.00; and wings $1.55. Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts which is normal to good, mostly normal; thighs which is mostly good, occasionally light to normal; drumsticks which is normal to good, mostly normal, occasionally light; and wings which is good to normal, mostly good, occasionally very good to light.
Note: On September 24, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1375.
24 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. 79% (representing 798 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.20 with a preliminary weighted average of $1.1459 f.o.b. dock or equivalent. The market is firm to steady to occasionally weak and the live supply is short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today is 4,748,300 head. This compares with 4,689,800 head last Thursday.
25 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. 88% (representing 890 loads) of the loads offered have been confirmed within a range of $1.04 to $1.20 with a preliminary weighted average of $1.1453 f.o.b. dock or equivalent. The market is firm to steady to occasionally weak and the live supply is short to adequate to occasionally long for a good to normal to occasionally light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today and Saturday is 4,756,200 head. This compares with 4,250,100 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 $1.89 (based on 1,659,000 lbs.); skinless boneless breasts $1.95 (based on 7,464,000 lbs.); whole breasts $1.2750 (based on 870,000 lbs.); boneless skinless thigh meat $1.4450 (based on 2,004,000 lbs.); thighs 73.50 (based on 1,094,000 lbs.); drumsticks 55.00 (based on 1,533,000 lbs.); leg quarters 45.50 (based on 7,222,000 lbs.); and wings $1.54 (based on 3,619,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts and wings which is good to normal, mostly good; boneless skinless thigh meat which is mostly good, occasionally light; and thighs which is good to light, mostly good, occasionally normal.
Estimated hen slaughter for the week ending today is 277,200 head. Estimated hen slaughter for the corresponding week a year ago was 245,301 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,671,400 head. This compares with 23,733,900 head of broilers and fryers for the corresponding week a year ago.