Market news [Vol. 50, no. 11 (Mar. 11, 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

11 MARCH 2016

Vol. L No. 11

7 MARCH 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 999 loads) of the loads offered have been confirmed within a range of 78.00 to $1.1848 with a final weighted average of $1.1134 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 a little 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 $1.70 (based on 1,858,000 lbs.); skinless boneless breasts $1.53 (based on 8,546,000 lbs.); whole breasts $1.00 (based on 899,000 lbs.); boneless skinless thigh meat $1.2950 (based on 2,159,000 lbs.); thighs 60.00 (based on 1,173,000 lbs.); drumsticks 39.00 (based on 2,208,000 lbs.); leg quarters 33.50 (based on 7,997,000 lbs.); and wings $1.6250 (based on 3,988,000 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.

8 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 $1.1134 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 a little heavy with a lower to steady to firm, occasionally higher price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.70; skinless boneless breasts $1.53; whole breasts $1.00 boneless skinless thigh meat $1.2950; thighs 60.00; drumsticks 39.00; leg quarters 33.50; and wings $1.6250. 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.

9 MARCH 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.1150 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 a little 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 $1.3450; whole breasts 93.00; boneless skinless thigh meat $1.26; thighs 56.50; drumsticks 35.50; leg quarters 32.50; and wings $1.6350. 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 normal to good, mostly normal; and demand on thighs and drumsticks is mostly good, occasionally light to normal.
Note: On March 11, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1425.
10 MARCH 2016 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1150 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 79% (representing 784 loads) of the loads offered have been confirmed within a price range of 99.50 to $1.1725 with a preliminary weighted average of $1.1173 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate to short for a good to normal demand. Average weights are desirable to a little heavy.
11 MARCH 2016 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1150 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 88% (representing 876 loads) of the loads offered have been confirmed within a range of 99.50 to $1.1725 with a preliminary weighted average of $1.1177 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 to a little 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 $1.7050 (based on 1,707,000 lbs.); skinless boneless breasts $1.50 (based on 7,805,000 lbs.); whole breasts 98.00 (based on 870,000 lbs.); boneless skinless thigh meat $1.3050 (based on 2,102,000 lbs.); thighs 59.00 (based on 1,089,000 lbs.); drumsticks 40.50 (based on 1,889,000 lbs.); leg quarters 33.00 (based on 7,222,000 lbs.); and wings $1.61 (based on 3,580,000 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 normal to good; and demand on thighs and drumsticks is mostly good, occasionally light to normal.