Market news [Vol. 49, no. 49 (Dec. 4, 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

4 DECEMBER 2015

Vol. XLIX No. 49

30 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 1,033 loads) of the loads offered have been confirmed within a range of 73.00 to $1.1848 with a final weighted average of $1.1207 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 to light demand. Average weights are desirable to heavy. Estimated slaughter today is 4,711,000 head. This compares with 4,687,200 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 $1.57 (based on 2,065,000 lbs.); skinless boneless breasts $1.68 (based on 9,314,000 lbs.); whole breasts $1.0450 (based on 1,495,000 lbs.); boneless skinless thigh meat $1.45 (based on 2,412,000 lbs.); thighs 63.00 (based on 1,203,000 lbs.); drumsticks 44.00 (based on 1,908,000 lbs.); leg quarters 37.00 (based on 8,912,000 lbs.); and wings $1.49 (based on 3,936,000 lbs.). Demand on line run tenders is mostly good, occasionally normal to light; demand on skinless boneless breasts, drumsticks and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts and wings is good to normal, mostly good; demand on boneless skinless thigh meat is mostly normal, occasionally good to light; and demand on thighs is mostly good, occasionally light to normal.

1 DECEMBER 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 $1.1207 f.o.b. dock or equivalent. The market tone for next week's trading is steady to weak to occasionally firm 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, occasionally steady to weak, price trend. Estimated slaughter today is 4,723,100 head. This compares with 4,722,900 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.57; skinless boneless breasts $1.68; whole breasts $1.0450; boneless skinless thigh meat $1.45; thighs 63.00; drumsticks 44.00; leg quarters 37.00; and wings $1.49. 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.

2 DECEMBER 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 to occasionally firm and the live supply is short to adequate for a normal to good demand. Average weights are desirable to heavy. Estimated slaughter today is 4,682,100 head. This compares with 4,581,500 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 $1.5050; skinless boneless breasts $1.4950; whole breasts 99.50; boneless skinless thigh meat $1.23; thighs 59.00; drumsticks 40.00; leg quarters 36.50; and wings $1.4950. Demand on line run tenders is mostly good, occasionally normal to light; demand on skinless boneless breasts and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts and wings is good to normal, mostly good; demand on boneless skinless thigh meat is mostly normal, occasionally good to light; demand on thighs is mostly good, occasionally light to normal; and demand on drumsticks is good to normal, occasionally light.
Note: On December 3, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1375.
3 DECEMBER 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. 75% (representing 774 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.1740 with a preliminary weighted average of $1.1341 f.o.b. dock or equivalent. The market is steady to weak to occasionally firm and the live supply is short to adequate for a normal to good demand. Average weights are desirable to heavy. Estimated slaughter today is 4,660,600 head.
4 DECEMBER 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. 84% (representing 866 loads) of the loads offered have been confirmed within a range of $1.04 to $1.1740 with a preliminary weighted average of $1.1338 f.o.b. dock or equivalent. The market is steady to weak to occasionally firm and the live supply is short to adequate for a normal to good demand. Average weights are desirable to heavy. Estimated slaughter today and Saturday is 4,691,700 head. This compares with 4,618,500 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 $1.56 (based on 1,782,000 lbs.); skinless boneless breasts $1.71 (based on 7,444,000 lbs.); whole breasts $1.05 (based on 910,000 lbs.); boneless skinless thigh meat $1.3050 (based on 1,931,000 lbs.); thighs 61.00 (based on 1,124,000 lbs.); drumsticks 49.50 (based on 1,378,000 lbs.); leg quarters 37.00 (based on 7,262,000 lbs.); and wings $1.4850 (based on 3,533,000 lbs.). Demand on line run tenders, drumsticks and leg quarters is mostly good, normal to light; demand on skinless boneless breasts is mostly good, occasionally normal to light; demand on whole breasts and wings is good to normal, mostly good; demand on boneless skinless thigh meat is mostly normal, occasionally good to light, and demand on thighs is mostly good, occasionally light to normal.
Estimated hen slaughter for the week ending today is unavailable at this time. Estimated hen slaughter for the corresponding week a year ago was 244,103 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 18,707,300 head. This compares with 23,818,300 head of broilers and fryers for the corresponding week a year ago.