Market news [Vol. 49, no. 47 (Nov. 20, 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

20 NOVEMBER 2015

Vol. XLIX No. 47

16 NOVEMBER 2015 MONDAY

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. 100% (representing 1,018 loads) of the loads offered have been confirmed within a range of 71.00 to $1.1848 with a final weighted average of $1.1213 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 4,460,600 head. This compares with 4,652,200 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 $1.5650 (based on 2,122,000 lbs.); skinless boneless breasts $1.72 (based on 9,260,000 lbs.); whole breasts $1.0850 (based on 1,496,000 lbs.); boneless skinless thigh meat $1.2250 (based on 2,249,000 lbs.); thighs 63.50 (based on 1,233,000 lbs.); drumsticks 45.00 (based on 2,067,000 lbs.); leg quarters 38.00 (based on 8,952,000 lbs.); and wings $1.51 (based on 3,754,000 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; thighs which is mostly good, occasionally light to normal; and drumsticks which is normal to good, mostly normal, occasionally light.

17 NOVEMBER 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1325. The final weighted average was $1.1213 f.o.b. dock or equivalent. The market tone for next week's trading is steady to weak and the live supply is short to adequate for a normal to good demand. Average weights are desirable to heavy with a firm to lower to steady, occasionally higher to weak, price trend. Estimated slaughter today is 4,673,300 head. This compares with 4,647,800 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.5650; skinless boneless breasts $1.72; whole breasts $1.0850; boneless skinless thigh meat $1.2250; thighs 63.50; drumsticks 45.00; leg quarters 38.00; and wings $1.51. 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 lower to higher, occasionally steady to weak.

18 NOVEMBER 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $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 4,695,000 head. This compares with 4,671,000 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 $1.4850; skinless boneless breasts $1.53; whole breasts $1.01; boneless skinless thigh meat $1.24; thighs 58.50; drumsticks 39.50; leg quarters 37.50; and wings $1.49. Demand on line run tenders and thighs is mostly good, occasionally light to normal; demand on skinless boneless breasts, boneless skinless thigh meat and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts and wings is good to normal, mostly good; and demand on drumsticks is good to normal, occasionally light.
Note: On November 19, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.14.
19 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. 83% (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 4,713,100 head. This compares with 4,678,400 head last Thursday.
20 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. 93% (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 4,618,100 head. This compares with 4,609,900 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 $1.5650 (based on 1,640,000 lbs.); skinless boneless breasts $1.70 (based on 7,353,000 lbs.); whole breasts $1.08 (based on 789,000 lbs.); boneless skinless thigh meat $1.3950 (based on 1,695,000 lbs.); thighs 63.50 (based on 1,048,000 lbs.); drumsticks 49.50 (based on 1,359,000 lbs.); leg quarters 36.50 (based on 7,837,000 lbs.); and wings $1.4850 (based on 3,421,000 lbs.). Demand on line run tenders is good to normal, occasionally light; demand on skinless boneless breasts, drumsticks and wings is good to normal, mostly good, occasionally light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally normal to light, demand on thighs is mostly good, occasionally light to normal; and demand on leg quarters is good to light, mostly good, occasionally normal.
Estimated hen slaughter for the week ending today is 301,707 head. Estimated hen slaughter for the corresponding week a year ago was 223,409 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,096,700 head. This compares with 23,711,600 head of broilers and fryers for the corresponding week a year ago.