Market news [Vol. 50, no. 21 (May 20, 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

20 MAY 2016

Vol. L No. 21

16 MAY 2016 MONDAY

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. 100% (representing 996 loads) of the loads offered have been confirmed within a range of 90.00 to $1.1848 with a final weighted average of $1.1186 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 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 $1.9150 (based on 1,838,000 lbs.); skinless boneless breasts $1.6550 (based on 8,171,000 lbs.); whole breasts 94.00 (based on 939,000 lbs.); boneless skinless thigh meat $1.38 (based on 2,062,000 lbs.); thighs 53.50 (based on 1,203,000 lbs.); drumsticks 48.00 (based on 1,353,000 lbs.) leg quarters 34.00 (based on 8,012,000 lbs.) and wings $1.54 (based on 3,747,000 lbs.). Demand on most parts is good to normal, mostly good; with the exceptions of line run tenders which is mostly good, occasionally normal to light; skinless boneless breasts which is normal to good, occasionally light; boneless skinless thigh meat which is good; leg quarters which is mostly good, normal to light; and wings which is good to light, occasionally normal.

17 MAY 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.12. The final weighted average was $1.1186 f.o.b. dock or equivalent. The market tone for next week's trading is firm to steady and the live supply is adequate to short for a very good to normal to good demand. Average weights are desirable with a mostly firm to steady, occasionally lower to higher, price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.9150; skinless boneless breasts $1.6550; whole breasts 94.00 boneless skinless thigh meat $1.38 thighs 53.50; drumsticks 48.00; leg quarters 34.00; and wings $1.54. 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 steady, weak and firm.

18 MAY 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.12 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 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 quoted prices on ice pack parts based on truck load and pool truck load lots for next week's trading are: line run tenders $1.95; skinless boneless breasts $1.4950; whole breasts 93.50; boneless skinless thigh meat $1.3350; thighs 52.00; drumsticks 47.00; leg quarters 34.50; and wings $1.5150. Demand on line run tenders is good to normal, occasionally light; demand on skinless boneless breasts is normal to good, occasionally light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is good; demand on thighs and drumsticks is mostly good, occasionally normal; demand on leg quarters is mostly good, occasionally normal to light; and demand on wings is light to good, occasionally normal.
Note: On May 20, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.16.
19 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. 79% (representing 794 loads) of the loads offered have been confirmed within a price range of 99.70 to $1.18 with a preliminary weighted average of $1.1204 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.
20 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 886 loads) of the loads offered have been confirmed within a range of 99.70 to $1.18 with a preliminary weighted average of $1.1210 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 $1.90 (based on 1,768,000 lbs.); skinless boneless breasts $1.6550 (based on 7,570,000 lbs.); whole breasts 93.50 (based on 910,000 lbs.); boneless skinless thigh meat $1.4350 (based on 1,919,000 lbs.); thighs 54.50 (based on 1,124,000 lbs.); drumsticks 49.00 (based on 1,317,000 lbs.); leg quarters 34.50 (based on 7,262,000 lbs.); and wings $1.4850 (based on 3,418,000 lbs.). Demand on line run tenders is good to light, occasionally normal; demand on skinless boneless breasts is normal to good, occasionally light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is normal to good, mostly normal; demand on thighs and drumsticks is mostly good, occasionally normal; demand on leg quarters is mostly good, occasionally normal to light; and demand on wings is light to good, occasionally normal.