Market news [Vol. 49, no. 51 (Dec. 18, 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

18 DECEMBER 2015

Vol. XLIX No. 51

14 DECEMBER 2015 MONDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.13 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,020 loads) of the loads offered have been confirmed within a range of 75.00 to $1.1848 with a final weighted average of $1.1216 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is short to adequate for a normal to good demand. Average weights are desirable. Estimated slaughter today is 4,368,700 head. This compares with 4,664,200 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 1,989,000 lbs.); skinless boneless breasts $1.68 (based on 9,182,000 lbs.); whole breasts $1.0650 (based on 1,349,000 lbs.); boneless skinless thigh meat $1.21 (based on 2,455,000 lbs.); thighs 62.50 (based on 1,173,000 lbs.); drumsticks 46.00 (based on 2,000,000 lbs.); leg quarters 36.50 (based on 8,827,000 lbs.); and wings $1.4850 (based on 3,926,000 lbs.). Demand on most parts is mostly good, occasionally normal to light; with the exceptions of whole breasts and wings which is mostly good, occasionally normal; boneless skinless thigh meat which is mostly normal, occasionally good to light; and thighs which is mostly good, occasionally light to normal.

15 DECEMBER 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.13. The final weighted average was $1.1216 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 occasionally good demand. Average weights are desirable with a firm to steady to lower price trend. Estimated slaughter today is 4,686,700 head. This compares with 4,679,100 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.5650; skinless boneless breasts $1.68; whole breasts $1.0650; boneless skinless thigh meat $1.21; thighs 62.50; drumsticks 46.00; leg quarters 36.50; and wings $1.4850. 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 steady to weak.

16 DECEMBER 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's remains unchanged at $1.13 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 occasionally good demand. Average weights are desirable. Estimated slaughter today is 4,690,300 head. This compares with 4,646,200 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 $1.5350; skinless boneless breasts $1.5050 whole breasts $1.02; boneless skinless thigh meat $1.24 thighs 60.50; drumsticks 39.00; leg quarters 36.50; and wings $1.5050. Demand on line run tenders and wings is mostly good, occasionally normal; demand on skinless boneless breasts 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 normal, occasionally good to light; demand on thighs is mostly good, occasionally light to normal; demand on drumsticks is good to normal, occasionally light; and demand on is leg quarters is mostly good, occasionally normal to light; and.
Note: On December 17, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1375.
17 DECEMBER 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.13 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 77% (representing 747 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.1735 with a preliminary weighted average of $1.1325 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 occasionally good demand. Average weights are desirable. Estimated slaughter today is 4,653,800 head. This compares with 4,352,100 head last Thursday.
18 DECEMBER 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.13 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 87% (representing 840 loads) of the loads offered have been confirmed within a range of $1.04 to $1.1735 with a preliminary weighted average of $1.1325 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 occasionally good demand. Average weights are desirable. Estimated slaughter today and Saturday is 4,931,600 head. This compares with 4,285,500 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 $1.5950 (based on 1,606,000 lbs.); skinless boneless breasts $1.6450 (based on 7,327,000 lbs.); whole breasts $1.07 (based on 796,000 lbs.); boneless skinless thigh meat $1.1650 (based on 1,842,000 lbs.); thighs 58.00 (based on 1,094,000 lbs.); drumsticks 43.50 (based on 1,507,000 lbs.); leg quarters 36.50 (based on 7,222,000 lbs.); and wings $1.49 (based on 3,335,000 lbs.). Demand on line run tenders and wings is mostly good, occasionally normal; demand on skinless boneless breasts and drumsticks 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 normal, occasionally good to light; demand on thighs is mostly good, occasionally light to normal; and demand on leg quarters is mostly good, normal to light.
Estimated hen slaughter for the week ending today is 316,356 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 23,331,100 head. This compares with 24,256,700 head of broilers and fryers for the corresponding week a year ago.