Market news [Vol. 50, no. 25 (June 24, 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

24 JUNE 2016

Vol. L No. 25

20 JUNE 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 1,020 loads) of the loads offered have been confirmed within a range of 96.00 to $1.1848 with a final weighted average of $1.1201 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate to short for a light 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 $1.94 (based on 1,815,000 lbs.); skinless boneless breasts $1.64 (based on 8,481,000 lbs.); whole breasts 94.50 (based on 899,000 lbs.); boneless skinless thigh meat $1.43 (based on 2,139,000 lbs.); thighs 55.50 (based on 1,173,000 lbs.); drumsticks 50.00 (based on 1,471,000 lbs.) leg quarters 34.00 (based on 7,997,000 lbs.) and wings $1.4150 (based on 3,721,000 lbs.). Demand on line run tenders is mostly good, occasionally normal; demand on skinless boneless breasts and thighs is normal to good; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is good; demand on drumsticks and wings is normal to good, mostly normal; and demand on leg quarters is mostly light, occasionally normal to good.

21 JUNE 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 $1.1201 f.o.b. dock or equivalent. The market tone for next week's trading is steady and the live supply is adequate to short for a normal to good, occasionally light demand. Average weights are desirable with a mostly steady, occasionally firm, lower and higher price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.94; skinless boneless breasts $1.64; whole breasts 94.50 boneless skinless thigh meat $1.43 thighs 55.50; drumsticks 50.00; leg quarters 34.00; and wings $1.4150. Cooler inventories and supplies on all parts are balanced to occasionally light and heavy, with a good to balanced to occasionally light demand. Price trend on all parts is higher to lower, occasionally weak to steady.

22 JUNE 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $1.1175 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady and the live supply is adequate to short for a normal to good to occasionally light 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 $1.9850; skinless boneless breasts $1.53; whole breasts 94.50; boneless skinless thigh meat $1.35; thighs 53.00; drumsticks 47.50; leg quarters 34.00; and wings $1.4250. Demand on line run tenders is mostly good, occasionally normal; demand on skinless boneless breasts and whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is good; demand on thighs and wings is normal to good; demand on drumsticks is good to normal; and demand on leg quarters is mostly light, occasionally normal to good.
Note: On June 24, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1625.
23 JUNE2016 THURSDAY
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. 85% (representing 869 loads) of the loads offered have been confirmed within a price range of 99.70 to $1.18 with a preliminary weighted average of $1.1203 f.o.b. dock or equivalent. The market is steady and the live supply is adequate to short for a normal to good to occasionally light demand. Average weights are desirable.
24 JUNE 2016 FRIDAY
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. 92% (representing 944 loads) of the loads offered have been confirmed within a range of 99.70 to $1.18 with a preliminary weighted average of $1.1208 f.o.b. dock or equivalent. The market is steady and the live supply is adequate to short for a normal to good to occasionally light 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 $1.97 (based on 1,721,000 lbs.); skinless boneless breasts $1.65 (based on 7,854,000 lbs.); whole breasts 94.50 (based on 870,000 lbs.); boneless skinless thigh meat $1.43 (based on 2,013,000 lbs.); thighs 55.00 (based on 1,094,000 lbs.); drumsticks 50.00 (based on 1,353,000 lbs.); leg quarters 34.00 (based on 7,222,000 lbs.); and wings $1.42 (based on 3,507,000 lbs.). Demand on line run tenders is mostly good, occasionally normal; demand on skinless boneless breasts and whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is good; demand on thighs, drumsticks and wings is normal to good, mostly normal; and demand on leg quarters is mostly light, occasionally normal to good.