Market news [Vol. 50, no. 30 (July 29, 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

29 JULY 2016

Vol. L No. 30

25 JULY 2016 MONDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1125 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,033 loads) of the loads offered have been confirmed within a range of 81.00 to $1.1848 with a final weighted average of $1.1151 f.o.b. dock or equivalent. The market is steady to occasionally weak to firm and the live supply is short to adequate for a weak to normal to good to 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 $2.00 (based on 1,896,000 lbs.); skinless boneless breasts $1.7050 (based on 8,347,000 lbs.); whole breasts 96.00 (based on 979,000 lbs.); boneless skinless thigh meat $1.3750 (based on 1,980,000 lbs.); thighs 54.50 (based on 1,233,000 lbs.); drumsticks 44.50 (based on 2,567,000 lbs.) leg quarters 32.00 (based on 8,052,000 lbs.) and wings $1.4250 (based on 3,873,000 lbs.). Demand on line run tenders is mostly good, occasionally normal to light; demand on skinless boneless breasts is good to normal, occasionally light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally normal; demand on thighs is normal to good; demand on drumsticks is mostly normal, occasionally good; demand on leg quarters is normal to light; and demand on wings is good to normal.

26 JULY 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1125. The final weighted average was $1.1151 f.o.b. dock or equivalent. The market tone for next week's trading is weak to steady and the live supply is adequate for a weak to normal to good demand. Average weights are desirable with a weak to lower, occasionally higher to steady price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.00; skinless boneless breasts $1.7050; whole breasts 96.00 boneless skinless thigh meat $1.3750 thighs 54.50; drumsticks 44.50; leg quarters 32.00; and wings $1.4250. Cooler inventories and supplies on all parts are balanced to occasionally heavy to light, with a balanced to good to occasionally light to very good demand. Price trend on all parts is higher to lower, occasionally steady to weak.

27 JULY 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.11 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is weak to steady and the live supply is adequate for a weak to normal to good 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 $2.0350; skinless boneless breasts $1.59; whole breasts 94.50; boneless skinless thigh meat $1.35; thighs 51.00; drumsticks 39.00; leg quarters 32.00; and wings $1.4050. Demand on line run tenders is mostly good, occasionally light to normal; demand on skinless boneless breasts is good to normal, mostly good, occasionally light; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally very good to normal; demand on thighs and wings is normal to good, mostly normal; demand on drumsticks is mostly normal, occasionally good; and demand on leg quarters is mostly normal, occasionally light to good.
Note: On July 29, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1550.
28 JULY 2016 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.11 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 85% (representing 871 loads) of the loads offered have been confirmed within a price range of 99.00 to $1.18 with a preliminary weighted average of $1.1162 f.o.b. dock or equivalent. The market is weak to steady and the live supply is adequate for a weak to normal to good demand. Average weights are desirable to a little heavy.
29 JULY 2016 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.11 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 91% (representing 932 loads) of the loads offered have been confirmed within a range of 99.00 to $1.18 with a preliminary weighted average of $1.1167 f.o.b. dock or equivalent. The market is weak to steady and the live supply is adequate for a weak 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 $2.01 (based on 1,586,000 lbs.); skinless boneless breasts $1.74 (based on 7,531,000 lbs.); whole breasts 94.50 (based on 830,000 lbs.); boneless skinless thigh meat $1.44 (based on 2,119,000 lbs.); thighs 54.50 (based on 1,064,000 lbs.); drumsticks 39.50 (based on 4,119,000 lbs.); leg quarters 31.00 (based on 6,501,000 lbs.); and wings $1.43 (based on 3,556,000 lbs.). Demand on line run tenders is mostly good, occasionally normal to light; demand on skinless boneless breasts is good to normal, mostly good, occasionally light; demand on whole breasts is normal to good; demand on boneless skinless thigh meat is mostly good, occasionally very good to normal; demand on thighs is normal to good, mostly normal; demand on drumsticks is mostly normal, occasionally good; demand on leg quarters is mostly normal, occasionally light to good; and demand on wings is normal to good, mostly normal, occasionally light.