Market news [Vol. 50, no. 15 (Apr. 8, 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

8 APRIL 2016

Vol. L No. 15

4 APRIL 2016 MONDAY

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. 100% (representing 1,001 loads) of the loads offered have been confirmed within a range of 85.00 to $1.1848 with a final weighted average of $1.1136 f.o.b. dock or equivalent. The market is steady 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 $1.7750 (based on 1,848,000 lbs.); skinless boneless breasts $1.5150 (based on 8,937,000 lbs.); whole breasts 93.00 (based on 939,000 lbs.); boneless skinless thigh meat $1.3650 (based on 2,036,000 lbs.); thighs 51.00 (based on 1,203,000 lbs.); drumsticks 43.00 (based on 1,868,000 lbs.); leg quarters 30.50 (based on 7,997,000 lbs.); and wings $1.6050 (based on 3,916,000 lbs.). Demand on line run tenders is mostly good, occasionally normal; demand on skinless boneless breasts is mostly good to light and normal; demand on whole breasts is mostly normal, occasionally good; demand on boneless skinless thigh meat is normal to good, mostly normal; demand on thighs and drumsticks is mostly good, occasionally light to normal; demand on leg quarters is mostly good, occasionally normal to light; and demand on wings is normal to good, occasionally light.

5 APRIL 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1150. The final weighted average was $1.1136 f.o.b. dock or equivalent. The market tone for next week's trading is steady and the live supply is slightly long to adequate to short for a good to normal demand. Average weights are desirable to a little heavy with a steady to lower, occasionally higher to firm, price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.7750; skinless boneless breasts $1.5150; whole breasts 93.00 boneless skinless thigh meat $1.3650; thighs 51.00; drumsticks 43.00; leg quarters 30.50; and wings $1.6050. Cooler inventories and supplies on all parts are balanced to occasionally light to heavy, with a good to balanced to occasionally light demand. Price trend on all parts is higher to lower, occasionally weak to steady.

6APRIL 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $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 firm and the live supply is slightly long to adequate to short for a good to normal 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 $1.7850; skinless boneless breasts $1.3850; whole breasts 89.00; boneless skinless thigh meat $1.3150; thighs 50.00; drumsticks 38.00; leg quarters 31.50; and wings $1.6350. Demand on line run tenders and whole breasts is good to normal, mostly good; demand on skinless boneless breasts is good to normal, mostly good, occasionally light; demand on boneless skinless thigh meat is normal to good; demand on thighs is mostly good, occasionally normal; demand on drumsticks is mostly good, occasionally light to normal; and demand on leg quarters and wings is good to normal, mostly good, occasionally light.
Note: On April 8, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1475.
7 APRIL 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. 80% (representing 798 loads) of the loads offered have been confirmed within a price range of 99.50 to $1.1725 with a preliminary weighted average of $1.1166 f.o.b. dock or equivalent. The market is steady and the live supply is slightly long to adequate to short for a good to normal demand. Average weights are desirable to a little heavy.
8 APRIL 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. 89% (representing 890 loads) of the loads offered have been confirmed within a range of 99.50 to $1.1725 with a preliminary weighted average of $1.1170 f.o.b. dock or equivalent. The market is steady and the live supply is slightly long to 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 $1.7650 (based on 1,719,000 lbs.); skinless boneless breasts $1.5750 (based on 7,431,000 lbs.); whole breasts 93.00 (based on 910,000 lbs.); boneless skinless thigh meat $1.4150 (based on 1,907,000 lbs.); thighs 52.50 (based on 1,124,000 lbs.); drumsticks 43.50 (based on 1,473,000 lbs.); leg quarters 32.00 (based on 7,262,000 lbs.); and wings $1.62 (based on 3,511,000 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 to very good; demand on thighs is mostly good, occasionally light to normal; and demand on drumsticks is good to normal, mostly good, occasionally light.