Market news [Vol. 49, no. 45 (Nov. 6, 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

6 NOVEMBER 2015

Vol. XLIX No. 45

2 NOVEMBER 2015 MONDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,004 loads) of the loads offered have been confirmed within a range of 71.00 to $1.1848 with a final weighted average of $1.1233 f.o.b. dock or equivalent. The market is steady to weak and the live supply is adequate to short to occasionally long for a normal to occasionally light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today is 4,684,900 head. This compares with 4,702,300 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 $1.66 (based on 2,097,000 lbs.); skinless boneless breasts $1.78 (based on 8,941,000 lbs.); whole breasts $1.16 (based on 1,629,000 lbs.); boneless skinless thigh meat $1.3450 (based on 2,279,000 lbs.); thighs 65.00 (based on 1,233,000 lbs.); drumsticks 46.00 (based on 1,966,000 lbs.); leg quarters 40.50 (based on 9,752,000 lbs.); and wings $1.55 (based on 3,815,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts which is good to normal, mostly good; boneless skinless thigh meat which is mostly good, occasionally light; thighs which is mostly good, occasionally light to normal; and drumsticks which is mostly good, normal to light.

3 NOVEMBER 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375. The final weighted average was $1.1233 f.o.b. dock or equivalent. The market tone for next week's trading is steady to weak and the live supply is adequate to short for a normal to light demand. Average weights are desirable to occasionally heavy with a steady to lower, occasionally firm, price trend. Estimated slaughter today is 4,664,300 head. This compares with 4,660,900 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.66; skinless boneless breasts $1.78; whole breasts $1.16; boneless skinless thigh meat $1.3450; thighs 65.00; drumsticks 46.00; leg quarters 40.50; and wings $1.55. Cooler inventories and supplies on all parts are balanced to occasionally heavy to light, with a balanced to light to good demand. Price trend on all parts is lower to higher, occasionally steady to weak.

4 NOVEMBER 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.1375 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady to weak and the live supply is adequate to short to occasionally long for a normal to light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today is 4,726,800 head. This compares with 4,625,100 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 $1.5850; skinless boneless breasts $1.6050; whole breasts $1.1150; boneless skinless thigh meat $1.39; thighs 62.00; drumsticks 41.00; leg quarters 42.00; and wings $1.5550. Demand on line run tenders is normal to good, mostly normal, occasionally light; demand on skinless boneless breasts and leg quarters is good to normal, mostly good, occasionally 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 good to normal, occasionally light; and demand on wings is good to normal, mostly good.
Note: On October 29, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.14.
5 NOVEMBER 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1350 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 76% (representing 780 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.18 with a preliminary weighted average of $1.1367 f.o.b. dock or equivalent. The market is steady to weak and the live supply is adequate to short for a normal to light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today is 4,691,800 head. This compares with 4,697,100 head last Thursday.
6 NOVEMBER 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1350 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 85% (representing 872 loads) of the loads offered have been confirmed within a range of $1.04 to $1.18 with a preliminary weighted average of $1.1358 f.o.b. dock or equivalent. The market is steady to weak and the live supply is adequate to short for a normal to occasionally light demand. Average weights are desirable to occasionally heavy. Estimated slaughter today is 4,613,200 head. This compares with 4,204,000 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 $1.5850 (based on 1,729,000 lbs.); skinless boneless breasts $1.7150 (based on 7,915,000 lbs.); whole breasts $1.07 (based on 870,000 lbs.); boneless skinless thigh meat $1.3550 (based on 2,131,000 lbs.); thighs 62.50 (based on 1,094,000 lbs.); drumsticks 51.50 (based on 1,250,000 lbs.); leg quarters 38.50 (based on 7,222,000 lbs.); and wings $1.51 (based on 3,577,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of whole breasts which is good to normal, mostly good; and thighs and drumsticks which is mostly good, occasionally light to normal.
Estimated hen slaughter for the week ending today is 144,343 head. Estimated hen slaughter for the corresponding week a year ago was 179,126 head.
Estimated total slaughter for the week ending today for broilers and fryers is 22,754,200 head. This compares with 23,690,300 head of broilers and fryers for the corresponding week a year ago.