Market news, vol. 49, no. 9 (2015 February 27)

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

27 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. 9

23 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 $1.1267 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 4,749,400 head. This compares with 4,743,400 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 $1.9950 (based on 2,422,000 lbs.); skinless boneless breasts $2.0050 (based on 8,698,000 lbs.); whole breasts $1.29 (based on 1,429,000 lbs.); boneless skinless thigh meat $1.4750 (based on 2,266,000 lbs.); thighs 77.00 (based on 1,173,000 lbs.); drumsticks 62.00 (based on 2,096,000 lbs.); leg quarters 50.00 (based on 8,597,000 lbs.); and wings $1.7050 (based on 3,870,000 lbs.). Demand on 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; whole breasts which is normal to good, mostly normal; and boneless skinless thigh meat which is good to light, mostly good, occasionally normal.
24 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 $1.1267 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 demand. Average weights are desirable with a mostly higher to weak, steady and firm, occasionally lower, price trend. Estimated slaughter today is 4,755,000 head. This compares with 4,511,800 head last Tuesday.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.9950 skinless boneless breasts $2.0050 whole breasts $1.29; boneless skinless thigh meat $1.4750; thighs 77.00; drumsticks 62.00; leg quarters 50.00; and wings $1.7050. Cooler inventories and supplies on all parts are balanced to occasionally light, with a mostly balanced to good, occasionally light, demand. Price trend on all parts is mostly higher to lower, occasionally steady and weak.

25 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 and the live supply is short to adequate for a normal to good demand. Average weights are desirable. Estimated slaughter today is 4,697,500 head. This compares with 4,754,500 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 $1.97; skinless boneless breasts $1.88; whole breasts $1.2550; boneless skinless thigh meat $1.43; thighs 73.00; drumsticks 54.00; leg quarters 50.00 and wings $1.73 Demand on line run tenders, skinless boneless breasts and thighs is good to normal, mostly good; demand on whole breasts and drumsticks is normal to good, mostly normal; and demand on boneless skinless thigh meat, leg quarters and wings is good to normal, mostly good, occasionally light.
Note: On February 26, 2014, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.0450.
26 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. 77% (representing 787 loads) of the loads offered have been confirmed within a price range of $1.04 to $1.20 with a preliminary weighted average of $1.1345 f.o.b. dock or equivalent. The market is steady to firm and the live supply is short to adequate for a normal to good demand. Average weights are desirable. Estimated slaughter today is 3,268,600 head. This compares with 4,742,000 head last Thursday.
27 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. 85% (representing 870 loads) of the loads offered have been confirmed within a range of $1.04 to $1.20 with a preliminary weighted average of $1.1345 f.o.b. dock or equivalent. The market is steady to firm and the live supply is short to adequate for a normal to good demand. Average weights are desirable to a little light. Estimated slaughter today is 4,807,800 head. This compares with 4,715,400 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 1,691,000 lbs.); skinless boneless breasts $2.0150 (based on 7,059,000 lbs.); whole breasts $1.24 (based on 870,000 lbs.); boneless skinless thigh meat $1.4250 (based on 2,187,000 lbs.); thighs 76.50 (based on 1,094,000 lbs.); drumsticks 59.50 (based on 1,920,000 lbs.); leg quarters 50.00 (based on 7,222,000 lbs.); and wings $1.70 (based on 3,618,000 lbs.). Demand most parts is good to normal, mostly good; with the exceptions of boneless skinless thigh meat and leg quarters which is good to normal, mostly good, occasionally light.
Estimated hen slaughter for the week ending today is 236,157 head. Estimated hen slaughter for the corresponding week a year ago was 213,249 head.
Estimated total slaughter for the week ending today and Saturday for broilers and fryers is 21,874,900 head. This compares with 23,675,100 head of broilers and fryers for the corresponding week a year ago.
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