Market news [Vol. 50, no. 10 (Mar. 4, 2016)]

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 MARCH 2016

Vol. L No. 10

29 FEBRUARY 2016 MONDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1175 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 998 loads) of the loads offered have been confirmed within a range of 78.00 to $1.1848 with a final weighted average of $1.1137 f.o.b. dock or equivalent. The market is steady to occasionally weak, and the live supply is adequate to short for a normal to good demand. Average weights are desirable to heavy.

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 $1.7050 (based on 1,907,000 lbs.); skinless boneless breasts $1.56 (based on 8,128,000 lbs.); whole breasts $1.0050 (based on 979,000 lbs.); boneless skinless thigh meat $1.2950 (based on 2,097,000 lbs.); thighs 59.00 (based on 1,233,000 lbs.); drumsticks 46.50 (based on 1,472,000 lbs.); leg quarters 33.50 (based on 8,052,000 lbs.); and wings $1.6550 (based on 3,793,000 lbs.). Demand on line run tenders, boneless skinless thigh meat and wings is mostly good, occasionally normal; demand on skinless boneless breasts and leg quarters is mostly good, occasionally normal to light; demand on whole breasts is good to normal, mostly good; and demand on thighs and drumsticks is mostly good, occasionally light to normal.

1 MARCH 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1175. The final weighted average was $1.1137 f.o.b. dock or equivalent. The market tone for next week's trading is steady to occasionally weak and the live supply is adequate to short for a normal to good demand. Average weights are desirable to heavy with a firm to lower to occasionally higher price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.7050; skinless boneless breasts $1.56; whole breasts $1.0050 boneless skinless thigh meat $1.2950; thighs 59.00; drumsticks 46.50; leg quarters 33.50; and wings $1.6550. Cooler inventories and supplies on all parts are balanced to occasionally light to heavy, with a good to balanced to light demand. Price trend on all parts is lower to higher, occasionally steady to weak.

2 MARCH 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.1175 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady to occasionally weak and the live supply is adequate to short for a normal to good demand. Average weights are desirable to heavy.
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 $1.7150; skinless boneless breasts $1.36; whole breasts 92.50; boneless skinless thigh meat $1.21; thighs 54.50; drumsticks 41.00; leg quarters 32.50; and wings $1.6450. Demand on line run tenders and wings is mostly good, occasionally normal; demand on skinless boneless breasts and leg quarters is mostly good, occasionally normal to light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly normal, occasionally good; and demand on thighs and drumsticks is mostly good, occasionally light to normal.
Note: On March 4, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.14.
3 MARCH 2016 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1175 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 79% (representing 786 loads) of the loads offered have been confirmed within a price range of 99.50 to $1.1725 with a preliminary weighted average of $1.1186 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate to short for a normal to good demand. Average weights are desirable to heavy.
4 MARCH 2016 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1175 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 88% (representing 877 loads) of the loads offered have been confirmed within a range of 99.50 to $1.1725 with a preliminary weighted average of $1.1190 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate to short for a normal to good demand. Average weights are desirable to heavy.
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 $1.70 (based on 1,724,000 lbs.); skinless boneless breasts $1.53 (based on 7,999,000 lbs.); whole breasts $1.00 (based on 830,000 lbs.); boneless skinless thigh meat $1.30 (based on 2,113,000 lbs.); thighs 60.00 (based on 1,064,000 lbs.); drumsticks 38.50 (based on 2,120,000 lbs.); leg quarters 33.50 (based on 7,207,000 lbs.); and wings $1.63 (based on 3,716,000 lbs.). Demand on line run tenders is mostly good, occasionally normal; demand on skinless boneless breasts, leg quarters and wings is mostly good, occasionally normal to light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly normal, occasionally good; and demand on thighs and drumsticks is mostly good, occasionally light to normal.