Market news, vol. 49, no. 8 (2015 February 20)

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

20 FEBRUARY 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. 8

16 FEBRUARY 2015 MONDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375 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 90.00 to $1.1997 with a final weighted average of $1.1266 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 4,743,400 head. This compares with 4,758,600 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 $1.98 (based on 2,087,000 lbs.); skinless boneless breasts $2.0150 (based on 8,354,000 lbs.); whole breasts $1.2550 (based on 1,509,000 lbs.); boneless skinless thigh meat $1.45 (based on 2,281,000 lbs.); thighs 76.00 (based on 1,233,000 lbs.); drumsticks 61.50 (based on 2,026,000 lbs.); leg quarters 50.50 (based on 8,592,000 lbs.); and wings $1.7150 (based on 3,869,000 lbs.). Demand on line run tenders and wings is good to normal, mostly good; demand on skinless boneless breasts and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts and boneless skinless thigh meat is good to light, mostly good, occasionally normal; and demand on thighs and drumsticks is normal to good, mostly normal.

17 FEBRUARY 2015 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375. The final weighted average was $1.1266 f.o.b. dock or equivalent. The market tone for next week's trading is steady to firm to occasionally weak, and the live supply is short to adequate for a good to normal, occasionally light demand. Average weights are desirable with a mostly higher to lower, occasionally weak, firm and steady price trend. Estimated slaughter today is 4,511,800 head. This compares with 4,745,400 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.98 skinless boneless breasts $2.0150 whole breasts $1.2550; boneless skinless thigh meat $1.45; thighs 76.00; drumsticks 61.50; leg quarters 50.50; and wings $1.7150. 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, weak and firm.

18 FEBRUARY 2015 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.1375 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 short to adequate for a good to normal, occasionally light, demand. Average weights are desirable. Estimated slaughter today is 4,754,500 head. This compares with 4,753,100 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 $1.9450; skinless boneless breasts $1.8950; whole breasts $1.23; boneless skinless thigh meat $1.3750; thighs 69.50; drumsticks 55.00; leg quarters 50.00 and wings $1.73 Demand on line run tenders, thighs and wings is good to normal, mostly good; demand on skinless boneless breasts and leg quarters is good to normal, mostly good, occasionally light; demand on whole breasts and boneless skinless thigh meat is good to light, mostly good, occasionally normal; and demand on drumsticks is normal to good, mostly normal.
Note: On February 19, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0450.
19 FEBRUARY 2015 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 76% (representing 783 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.19 with a preliminary weighted average of $1.1349 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak and the live supply is short to adequate for a good to normal, occasionally light, demand. Average weights are desirable. Estimated slaughter today is 4,742,000 head. This compares with 4,714,800 head last Thursday.
20 FEBRUARY 2015 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1375 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 84% (representing 864 loads) of the loads offered have been confirmed within a range of $1.04 to $1.19 with a preliminary weighted average of $1.1345 f.o.b. dock or equivalent. The market is steady to firm to occasionally weak, and the live supply is short to adequate for a good to normal, occasionally light, demand. Average weights are desirable. Estimated slaughter today is 4,715,400 head. This compares with 4,703,900 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 $1.99 (based on 1,658,000 lbs.); skinless boneless breasts $2.00 (based on 7,301,000 lbs.); whole breasts $1.2850 (based on 830,000 lbs.); boneless skinless thigh meat $1.4750 (based on 2,080,000 lbs.); thighs 76.50 (based on 1,064,000 lbs.); drumsticks 58.50 (based on 1,648,000 lbs.); leg quarters 50.00 (based on 7,207,000 lbs.); and wings $1.71 (based on 3,598,000 lbs.). Demand most parts is good to normal, mostly good; with the exceptions of skinless boneless breasts and leg quarters which is good to normal, mostly good, occasionally light; and boneless skinless thigh meat which is good to light, mostly good, occasionally normal.
Estimated hen slaughter for the week ending today is 211,105 head. Estimated hen slaughter for the corresponding week a year ago was 226,609 head.
Estimated total slaughter for the week ending today for broilers and fryers is 23,466,700 head. This compares with 23,703,900 head of broilers and fryers for the corresponding week a year ago.
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