Market news [Vol. 50, no. 19 (May 6, 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

6 MAY 2016

Vol. L No. 19

2 MAY 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 995 loads) of the loads offered have been confirmed within a range of 87.00 to $1.1848 with a final weighted average of $1.1160 f.o.b. dock or equivalent. The market is steady to occasionally firm and the live supply is adequate to short for a very good to good to normal demand. Average weights are desirable.

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 $1.85 (based on 1,784,000 lbs.); skinless boneless breasts $1.5850 (based on 8,166,000 lbs.); whole breasts 93.00 (based on 979,000 lbs.); boneless skinless thigh meat $1.3250 (based on 2,097,000 lbs.); thighs 53.50 (based on 1,233,000 lbs.); drumsticks 45.00 (based on 1,748,000 lbs.) leg quarters 33.00 (based on 8,052,000 lbs.) and wings $1.6150 (based on 3,692,000 lbs.). Demand on most parts is mostly good, occasionally normal; with the exceptions of line run tenders which is mostly good, occasionally normal to very good; skinless boneless breasts which is good to normal, mostly good; boneless skinless thigh meat which is good; and leg quarters which is mostly good, occasionally normal to light.

3 MAY 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 $1.1160 f.o.b. dock or equivalent. The market tone for next week's trading is firm to steady and the live supply is short to adequate for a good to normal demand. Average weights are desirable with a firm to lower, occasionally steady, price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.85; skinless boneless breasts $1.5850; whole breasts 93.00 boneless skinless thigh meat $1.3250 thighs 53.50; drumsticks 45.00; leg quarters 33.00; and wings $1.6150. Cooler inventories and supplies on all parts are balanced to occasionally light to heavy, with a good to balanced to occasionally light to very good demand. Price trend on all parts is higher to lower, occasionally steady, weak and firm.

4 MAY 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading advanced .25 to $1.12 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 very good to normal to good demand. Average weights are desirable.
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 $1.94; skinless boneless breasts $1.5250; whole breasts 93.00; boneless skinless thigh meat $1.31; thighs 50.00; drumsticks 42.00; leg quarters 33.00; and wings $1.59. Demand on most parts is mostly good, occasionally normal; with the exceptions of boneless skinless thigh meat which is normal to good; and leg quarters and wings which is mostly good, occasionally to normal to light.
Note: On May 6, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.16.
5 MAY 2016 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.12 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 $1.1790 with a preliminary weighted average of $1.12 f.o.b. dock or equivalent. The market is firm to steady and the live supply is short to adequate for a very good to normal to good demand. Average weights are desirable.
6 MAY 2016 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.12 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 $1.1790 with a preliminary weighted average of $1.1203 f.o.b. dock or equivalent. The market is firm to steady and the live supply is short to adequate for a very good to normal to good demand. Average weights are desirable.
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 $1.89 (based on 1,669,000 lbs.); skinless boneless breasts $1.5150 (based on 7,866,000 lbs.); whole breasts 93.00 (based on 830,000 lbs.); boneless skinless thigh meat $1.1850 (based on 2,128,0000 lbs.); thighs 54.00 (based on 1,064,000 lbs.); drumsticks 45.00 (based on 1,495,000 lbs.); leg quarters 33.00 (based on 7,207,000 lbs.); and wings $1.5650 (based on 3,597,000 lbs.). Demand on most parts is mostly good, occasionally normal with the exceptions of boneless skinless thigh meat which is good; and leg quarters and wings which is mostly good, occasionally normal to light.