Market news [Vol. 49, no. 40 (Oct. 2, 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

2 OCTOBER 2015

Vol. XLIX No. 40

28 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. 100% (representing 1,011 loads) of the loads offered have been confirmed within a range of 75 to $1.20 with a final weighted average of $1.1310 f.o.b. dock or equivalent. The market is firm to steady 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 4,691,000 head. This compares with 4,737,300 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 $1.8950 (based on 1,973,000 lbs.); skinless boneless breasts $1.9450 (based on 8,986,000 lbs.); whole breasts $1.26 (based on 1,439,000 lbs.); boneless skinless thigh meat $1.44 (based on 2,200,000 lbs.); thighs 73.50 (based on 1,203,000 lbs.); drumsticks 55.50 (based on 1,900,000 lbs.); leg quarters 45.50 (based on 8,812,000 lbs.); and wings $1.54 (based on 3,891,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts, boneless skinless thigh meat and thighs which is good to light, mostly good, occasionally normal; and wings which is good to normal, mostly good.

29 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 $1.1310 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 steady and weak, occasionally lower and firm, price trend. Estimated slaughter today is 4,759,300 head. This compares with 4,714,500 head last Tuesday.

The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.8950 skinless boneless breasts $1.9450; whole breasts $1.26; boneless skinless thigh meat $1.44; thighs 73.50; drumsticks 55.50; leg quarters 45.50; and wings $1.54. Cooler inventories and supplies on all parts are balanced to occasionally light, with a mostly balanced to good, occasionally light demand. Price trend on all parts is mostly lower to higher, occasionally weak and steady.

30 SEPTEMBER 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.1475 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 4,693,100 head. This compares with 4,715,500 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 $1.8050; skinless boneless breasts $1.7650; whole breasts $1.1850; boneless skinless thigh meat $1.44; thighs 69.50; drumsticks 49.50; leg quarters 45.00; and wings $1.55. Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of line run tenders and thighs which is mostly good to light, occasionally normal; whole breasts which is normal to good, mostly normal; and drumsticks which is normal to good, mostly normal, occasionally light.
Note: On October 1, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0575.
1 OCTOBER 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1475 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 79% (representing 795 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.20 with a preliminary weighted average of $1.1451 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 4,703,600 head. This compares with 4,748,300 head last Thursday.
2 OCTOBER 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1475 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 88% (representing 887 loads) of the loads offered have been confirmed within a range of $1.04 to $1.20 with a preliminary weighted average of $1.1446 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 5,774,700 head. This compares with 4,756,200 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 $1.8350 (based on 1,791,000 lbs.); skinless boneless breasts $1.9350 (based on 7,465,000 lbs.); whole breasts $1.2550 (based on 910,000 lbs.); boneless skinless thigh meat $1.4250 (based on 1,902,000 lbs.); thighs 72.00 (based on 1,124,000 lbs.); drumsticks 53.00 (based on 1,543,000 lbs.); leg quarters 45.50 (based on 7,262,000 lbs.); and wings $1.5250 (based on 3,552,000 lbs.). Demand on line run tenders, skinless boneless breasts and thighs is good to light, mostly good, occasionally normal; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally light; demand on drumsticks and wings is good to normal, mostly good, occasionally light; and demand on leg quarters is mostly good, occasionally normal to light.
Estimated hen slaughter for the week ending today is 266,354 head. Estimated hen slaughter for the corresponding week a year ago was 312,965 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 24,644,100 head. This compares with 23,779,200 head of broilers and fryers for the corresponding week a year ago.