Market news [Vol. 50, no. 32 (Aug. 12, 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

12 AUGUST 2016

Vol. L No. 32

8 AUGUST 2016 MONDAY

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. 100% (representing 1,025 loads) of the loads offered have been confirmed within a range of 77.00 to $1.1848 with a final weighted average of $1.1113 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate for a normal to good to demand. Average weights are desirable to a little heavy.

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 $2.0150 (based on 1,792,000 lbs.); skinless boneless breasts $1.6950 (based on 7,954,000 lbs.); whole breasts 95.50 (based on 939,000 lbs.); boneless skinless thigh meat $1.42 (based on 2,191,000 lbs.); thighs 54.00 (based on 1,203,000 lbs.); drumsticks 40.00 (based on 3,043,000 lbs.) leg quarters 31.00 (based on 7,228,000 lbs.) and wings $1.4250 (based on 3,708,000 lbs.). Demand on line run tenders and leg quarters 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 is normal to good; demand on drumsticks is mostly normal, occasionally good; and demand on wings is mostly normal, occasionally good to light.

9 AUGUST 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.11. The final weighted average was $1.1113 f.o.b. dock or equivalent. The market tone for next week's trading is steady to occasionally weak and the live supply is adequate for a normal to good demand. Average weights are desirable to a little heavy with a steady to lower, occasionally higher price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.0150; skinless boneless breasts $1.6950; whole breasts 95.50 boneless skinless thigh meat $1.42 thighs 54.00; drumsticks 40.00; leg quarters 31.00; 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 demand. Price trend on all parts is higher to lower, occasionally steady to weak.

10 AUGUST 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.1075 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. The market is steady to occasionally weak and the live supply is adequate for a 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 $2.0450; skinless boneless breasts $1.67; whole breasts 94.00; boneless skinless thigh meat $1.35; thighs 51.50; drumsticks 39.00; leg quarters 31.00; and wings $1.41. 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 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.
Note: On August 12, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1550.
11 AUGUST 2016 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1075 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 86% (representing 880 loads) of the loads offered have been confirmed within a price range of 99.00 to $1.18 with a preliminary weighted average of $1.1144 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate for a normal to good demand. Average weights are desirable to a little heavy.
12 FRIDAY 2016 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1075 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 92% (representing 941 loads) of the loads offered have been confirmed within a range of 99.00 to $1.18 with a preliminary weighted average of $1.1151 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate for a 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 $2.04 (based on 1,700,000 lbs.); skinless boneless breasts $1.7650 (based on 7,266,000 lbs.); whole breasts 94.50 (based on 910,000 lbs.); boneless skinless thigh meat $1.4450 (based on 1,939,000 lbs.); thighs 54.50 (based on 1,124,000 lbs.); drumsticks 46.50 (based on 1,419,000 lbs.); leg quarters 31.00 (based on 6,556,000 lbs.); and wings $1.4350 (based on 3,411,000 lbs.). Demand on line run tenders is mostly good, occasionally normal; demand on skinless boneless breasts, whole breasts and wings is good to normal, mostly 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; and demand on leg quarters is mostly normal, occasionally light to good. .