Market news [Vol. 49, no. 46 (Nov. 13, 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

13 NOVEMBER 2015

Vol. XLIX No. 46

9 NOVEMBER 2015 MONDAY

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. 100% (representing 1,005 loads) of the loads offered have been confirmed within a range of 71.00 to $1.1848 with a final weighted average of $1.1223 f.o.b. dock or equivalent. The market is steady to weak and the live supply is adequate to short for a normal demand. Average weights are desirable to heavy. Estimated slaughter today is 4,652,200 head. This compares with 4,684,900 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 $1.5950 (based on 2,029,000 lbs.); skinless boneless breasts $1.7150 (based on 9,363,000 lbs.); whole breasts $1.0750 (based on 1,534,000 lbs.); boneless skinless thigh meat $1.35 (based on 2,327,000 lbs.); thighs 63.00 (based on 1,203,000 lbs.); drumsticks 52.00 (based on 1,540,000 lbs.); leg quarters 38.50 (based on 8,912,000 lbs.); and wings $1.5150 (based on 3,849,000 lbs.). 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; boneless skinless thigh meat which is mostly good, occasionally light; and thighs which is mostly good, occasionally light to normal.

10 NOVEMBER 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1350. The final weighted average was $1.1223 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 good demand. Average weights are desirable to heavy with a steady to weak, occasionally lower and firm, price trend. Estimated slaughter today is 4,647,800 head. This compares with 4,664,300 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.5950; skinless boneless breasts $1.7150; whole breasts $1.0750; boneless skinless thigh meat $1.35; thighs 63.00; drumsticks 52.00; leg quarters 38.50; and wings $1.5150. Cooler inventories and supplies on all parts are balanced to occasionally heavy to light, with a good to balanced to light demand. Price trend on all parts is higher to lower, occasionally weak and steady.

11 NOVEMBER 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.1325 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 short to adequate for a normal to good demand. Average weights are desirable to heavy. Estimated slaughter today is 4,671,000 head. This compares with 4,578,800 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 $1.5250; skinless boneless breasts $1.54; whole breasts $1.0250; boneless skinless thigh meat $1.2750; thighs 60.50; drumsticks 48.00; leg quarters 38.00; and wings $1.50. Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of line run tenders which is mostly good, normal to light; whole breasts which is good to normal; boneless skinless thigh meat which is normal to good, occasionally light; and thighs which is good to occasionally light to normal.
Note: On November 12, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.14.
12 NOVEMBER 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1325 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 78% (representing 784 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.18 with a preliminary weighted average of $1.1350 f.o.b. dock or equivalent. The market is steady to weak and the live supply is short to adequate for a normal to good demand. Average weights are desirable to heavy. Estimated slaughter today is 4,678,400 head. This compares with 4,691,800 head last Thursday.
13 NOVEMBER 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1325 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 87% (representing 876 loads) of the loads offered have been confirmed within a range of $1.04 to $1.18 with a preliminary weighted average of $1.1346 f.o.b. dock or equivalent. The market is steady to weak and the live supply is short to adequate for a normal to good demand. Average weights are desirable to heavy. Estimated slaughter today is 4,609,900 head. This compares with 4,613,200 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 $1.5550 (based on 1,817,000 lbs.); skinless boneless breasts $1.7150 (based on 7,788,000 lbs.); whole breasts $1.0850 (based on 910,000 lbs.); boneless skinless thigh meat $1.2250 (based on 2,053,000 lbs.); thighs 63.50 (based on 1,124,000 lbs.); drumsticks 44.50 (based on 1,758,000 lbs.); leg quarters 38.00 (based on 7,262,000 lbs.); and wings $1.5050 (based on 3,482,000 lbs.). Demand on most parts is good to normal, mostly good, occasionally light; with the exceptions of line run tenders which is good to light, mostly good, occasionally normal; whole breasts which is good to normal, mostly good; thighs which is mostly good, occasionally light to normal; and drumsticks which is good to normal, occasionally light.
Estimated hen slaughter for the week ending today is 259,021 head. Estimated hen slaughter for the corresponding week a year ago was 218,150 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,259,300 head. This compares with 23,792,200 head of broilers and fryers for the corresponding week a year ago.