Market news, vol. 49, no. 5 (2015 January 30)

Market News Poultry Division Georgia Department of Agriculture 128 Agriculture Building Capitol Square Atlanta, Georgia, U.S.A. 30334-4200
Gary W. Black, Commissioner

Market News Poultry Division Published Weekly

30 JANUARY 2015

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
Vol. XLIX No. 5

26 JANUARY 2015 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1425 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,024 loads) of the loads offered have been confirmed within a range of 95.00 to $1.20 with a final weighted average of $1.1301 f.o.b. dock or equivalent. The market is steady to firm and the live supply is adequate to short for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,719,900 head. This compares with 4,265,900 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 $1.9450 (based on 2,050,000 lbs.); skinless boneless breasts $2.00 (based on 8,464,000 lbs.); whole breasts $1.2750 (based on 1,679,000 lbs.); boneless skinless thigh meat $1.4350 (based on 2,121,000 lbs.); thighs 76.00 (based on 1,233,000 lbs.); drumsticks 61.50 (based on 2,223,000 lbs.); leg quarters 51.00 (based on 8,428,000 lbs.); and wings $1.6850 (based on 3,862,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions of boneless skinless thigh meat which is good to light, mostly good, occasionally normal; drumsticks which is normal to good, mostly normal; and leg quarters which is good to normal, mostly good, occasionally light.
27 JANUARY 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1425. The final weighted average was $1.1301 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 adequate to short for a good to normal demand. Average weights are desirable with a mostly steady to weak, occasionally lower and firm, price trend. Estimated slaughter today is 4,706,200 head. This compares with 4,814,100 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.9450 skinless boneless breasts $2.00 whole breasts $1.2750; boneless skinless thigh meat $1.4350; thighs 76.00; drumsticks 61.50; leg quarters 51.00; and wings $1.6850. Cooler inventories and supplies on all parts are balanced to occasionally light and heavy with a mostly balanced to good, occasionally light, demand. Price trend on all parts is mostly higher to lower, occasionally steady and firm.

28 JANUARY 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.14 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady to firm to occasionally weak and the live supply is adequate to short for a normal to good demand. Average weights are desirable. Estimated slaughter today is 4,717,200 head. This compares with 4,755,000 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 $1.9250; skinless boneless breasts $1.93; whole breasts $1.2550; boneless skinless thigh meat $1.43; thighs 69.50; drumsticks 54.00; leg quarters 51.00 and wings $1.72 Demand most parts is good to normal, mostly good; with the exceptions of boneless skinless thigh meat which is good to light, mostly good, occasionally normal; drumsticks which is normal to good, mostly normal; and leg quarters which is good to normal, mostly good, occasionally light.
Note: On January 29, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0450.
29 JANUARY 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.14 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 76% (representing 776 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.20 with a preliminary weighted average of $1.1363 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is adequate to short for a normal to good demand. Average weights are desirable. Estimated slaughter today is 4,695,200 head. This compares with 4,732,200 head last Thursday.
30 JANUARY 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.14 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 86% (representing 878 loads) of the loads offered have been confirmed within a range of $1.04 to $1.20 with a preliminary weighted average of $1.1362 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak, and the live supply is adequate to short for a good to normal demand. Average weights are desirable. Estimated slaughter today is 4,655,200 head. This compares with 4,793,400 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 $1.96 (based on 1,652,000 lbs.); skinless boneless breasts $1.98 (based on 7,226,000 lbs.); whole breasts $1.2750 (based on 830,000 lbs.); boneless skinless thigh meat $1.5650 (based on 1,899,000 lbs.); thighs 76.00 (based on 1,064,000 lbs.); drumsticks 60.00 (based on 1,768,000 lbs.); leg quarters 51.00 (based on 7,262,000 lbs.); and wings $1.69 (based on 3,545,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions of boneless skinless thigh meat which is good to light, mostly good, occasionally normal; drumsticks which is normal to good, mostly normal; and leg quarters which is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is 187,614 head. Estimated hen slaughter for the corresponding week a year ago was 166,000 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,493,700 head. This compares with 23,299,300 head of broilers and fryers for the corresponding week a year ago.
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