Market news [Vol. 50, no. 22 (June 3, 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

3 JUNE 2016

Vol. L No. 22

30 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 995 loads) of the loads offered have been confirmed within a range of 97.00 to $1.1848 with a final weighted average of $1.1206 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 $1.91 (based on 1,801,000 lbs.); skinless boneless breasts $1.64 (based on 8,495,000 lbs.); whole breasts 94.00 (based on 899,000 lbs.); boneless skinless thigh meat $1.40 (based on 2,164,000 lbs.); thighs 55.00 (based on 1,173,000 lbs.); drumsticks 48.00 (based on 1,597,000 lbs.) leg quarters 34.50 (based on 7,997,000 lbs.) and wings $1.4550 (based on 3,870,000 lbs.). Demand on line run tenders and leg quarters is mostly good, occasionally normal to light; demand on skinless boneless breasts is normal to good, mostly normal, occasionally light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally very good; demand on thighs and drumsticks is mostly good, occasionally normal; and demand on wings is good to light, mostly good, occasionally normal.

31 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 $1.1206 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 very good to normal to good demand. Average weights are desirable with a mostly steady, occasionally lower to firm, price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.91; skinless boneless breasts $1.64; whole breasts 94.00 boneless skinless thigh meat $1.40 thighs 55.00; drumsticks 48.00; leg quarters 34.50; and wings $1.4550. Cooler inventories and supplies on all parts are balanced to occasionally light and heavy, with a good and balanced to occasionally light to very good demand. Price trend on all parts is lower to higher, occasionally firm, weak and steady.

1 JUNE 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 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 $1.93; skinless boneless breasts $1.4250; whole breasts 94.50; boneless skinless thigh meat $1.3350; thighs 53.00; drumsticks 45.50; leg quarters 34.50; and wings $1.44. Demand on line run tenders and leg quarters is mostly good, occasionally normal to light; demand on skinless boneless breasts is normal to good, mostly normal, occasionally light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally very good; demand on thighs is mostly good, occasionally normal; demand on drumsticks is normal to good; and demand on wings is good to light to normal.
Note: On June 3, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.16.
2 JUNE2016 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 99.70 to $1.18 with a preliminary weighted average of $1.1209 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. .
3 JUNE 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 99.70 to $1.18 with a preliminary weighted average of $1.1215 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 1,747,000 lbs.); skinless boneless breasts $1.6350 (based on 7,700,000 lbs.); whole breasts 94.50 (based on 870,000 lbs.); boneless skinless thigh meat $1.4150 (based on 2,020,000 lbs.); thighs 55.00 (based on 1,094,000 lbs.); drumsticks 47.50 (based on 1,639,000 lbs.); leg quarters 34.50 (based on 7,222,000 lbs.); and wings $1.43 (based on 3,460,000 lbs.). Demand on line run tenders is normal to good; demand on skinless boneless breasts and wings is normal to good, mostly normal, occasionally light; demand on whole breasts, boneless skinless thigh meat and thighs is normal to good, mostly normal; demand on drumsticks is good to normal; and demand on leg quarters is mostly light, occasionally normal to good.