Market news [Vol. 50, no. 39 (Sept. 30, 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
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Market News Poultry Division Published Weekly

30 SEPTEMBER 2016

Vol. L No. 39

26 SEPTEMBER 2016 MONDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1025 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 1,022 loads) of the loads offered have been confirmed within a range of 74.00 to $1.1848 with a final weighted average of $1.1130 f.o.b. dock or equivalent. The market is steady to occasionally weak to firm and the live supply is adequate for a normal to good demand. Average weights are desirable to 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 $2.0450 (based on 1,817,000 lbs.); skinless boneless breasts $1.7350 (based on 7,950,000 lbs.); whole breasts 97.50 (based on 994,000 lbs.); boneless skinless thigh meat $1.4750 (based on 1,954,000 lbs.); thighs 55.00 (based on 1,233,000 lbs.); drumsticks 47.50 (based on 1,542,000 lbs.) leg quarters 30.50 (based on 7,268,000 lbs.) and wings $1.5150 (based on 3,597,000 lbs.). Demand on line run tenders is mostly good, occasionally normal to light; demand on skinless boneless breasts is good to light, mostly good, occasionally normal; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally very good to light to normal; demand on thighs is mostly good, occasionally normal; demand on drumsticks is normal to good, mostly normal; demand on leg quarters is mostly normal, occasionally light to good; and demand on wings is mostly good, occasionally normal to very good.

27 SEPTMEBER 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1025. The final weighted average was $1.1130 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 heavy with a steady, occasionally higher to lower to weak price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $2.0450; skinless boneless breasts $1.7350; whole breasts 96750 boneless skinless thigh meat $1.49 thighs 55.00; drumsticks 47.50; leg quarters 30.50; and wings $1.5150. Cooler inventories and supplies on all parts are balanced to occasionally heavy and light, with a good to balanced, occasionally light demand. Price trend on all parts is lower to higher, occasionally steady to firm.

28 SEPTEMBER 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.10 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 to firm and the live supply is adequate for a light to normal to good demand. Average weights are desirable to 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 $1.96; skinless boneless breasts $1.56; whole breasts 96.50; boneless skinless thigh meat $1.3950; thighs 51.00; drumsticks 45.00; leg quarters 30.50; and wings $1.5150. Demand on line run tenders is mostly good, occasionally light to normal; demand on skinless boneless breasts is good to light, mostly good, occasionally normal; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly good, occasionally very good to light 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 good to normal, mostly good, occasionally very good.
Note: On September 30, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1475.
29 SEPTEMBER 2016 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.10 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 85% (representing 865 loads) of the loads offered have been confirmed within a price range of 97.50 to $1.18 with a preliminary weighted average of $1.11 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate for a light to normal to good demand. Average weights are desirable to heavy.
30 SEPTEMBER 2016 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.10 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 91% (representing 926 loads) of the loads offered have been confirmed within a range of 97.50 to $1.18 with a preliminary weighted average of $1.1104 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate for a light 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 $1.9750 (based on 1,630,000 lbs.); skinless boneless breasts $1.71 (based on 7,506,000 lbs.); whole breasts 94.00 (based on 845,000 lbs.); boneless skinless thigh meat $1.48 (based on 2,132,000 lbs.); thighs 55.00 (based on 1,064,000 lbs.); drumsticks 43.00 (based on 1,861,000 lbs.); leg quarters 31.00 (based on 6,501,000 lbs.); and wings $1.51 (based on 3,597,000 lbs.). Demand on line run tenders is light to good, mostly light, occasionally normal; demand on skinless boneless breasts is good to light, mostly good, occasionally normal; demand on whole breasts is light to normal to good; demand on boneless skinless thigh meat is mostly good, occasionally very good to light to normal; demand on thighs is mostly good, occasionally normal; demand on drumsticks is mostly normal, occasionally good; demand on leg quarters is mostly good, occasionally normal to light; and demand on wings is good to normal, mostly good, occasionally very good.