Market news [Vol. 50, no. 40 (Oct. 7, 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

7 OCTOBER 2016

Vol. L No. 40

3 OCTOBER 2016 MONDAY

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. 100% (representing 1,022 loads) of the loads offered have been confirmed within a range of 70.00 to $1.1848 with a final weighted average of $1.1057 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.

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 $1.9750 (based on 1,756,000 lbs.); skinless boneless breasts $1.71 (based on 8,013,000 lbs.); whole breasts 94.00 (based on 914,000 lbs.); boneless skinless thigh meat $1.4750 (based on 2,178,000 lbs.); thighs 55.00 (based on 1,173,000 lbs.); drumsticks 43.50 (based on 1,949,000 lbs.) leg quarters 31.00 (based on 7,213,000 lbs.) and wings $1.51 (based on 3,851,000 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, occasionally 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.

4 OCTOBER 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.10. The final weighted average was $1.1057 f.o.b. dock or equivalent. The market tone for next week's trading 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 with a steady to lower, occasionally higher to firm price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.9750; skinless boneless breasts $1.71; whole breasts 94.00 boneless skinless thigh meat $1.4750 thighs 55.00; drumsticks 43.50; leg quarters 31.00; and wings $1.51. Cooler inventories and supplies on all parts are balanced to occasionally heavy, with a good to balanced, occasionally light demand. Price trend on all parts is higher to lower, occasionally steady.

5 OCTOBER 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading remains unchanged at $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 and the live supply is adequate for a 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 $1.93; skinless boneless breasts $1.5550; whole breasts 93.00; boneless skinless thigh meat $1.3950; thighs 53.00; drumsticks 42.00; leg quarters 31.00; and wings $1.5350. 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 light to normal, occasionally 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.
Note: On October 7, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1450.
6 OCTOBER 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. 86% (representing 877 loads) of the loads offered have been confirmed within a price range of 97.50 to $1.18 with a preliminary weighted average of $1.1099 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 heavy.
7 OCTOBER 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. 92% (representing 928 loads) of the loads offered have been confirmed within a range of 97.50 to $1.18 with a preliminary weighted average of $1.1107 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 heavy.
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 $1.9450 (based on 1,603,000 lbs.); skinless boneless breasts $1.67 (based on 7,540,000 lbs.); whole breasts 94.00 (based on 885,000 lbs.); boneless skinless thigh meat $1.48 (based on 2,021,000 lbs.); thighs 55.00 (based on 1,094,000 lbs.); drumsticks 48.50 (based on 1,202,000 lbs.); leg quarters 31.00 (based on 6,516,000 lbs.); and wings $1.5150 (based on 3,499,000 lbs.). Demand on line run tenders is light to good, occasionally normal; demand on skinless boneless breasts is good to light, mostly good, occasionally normal; demand on whole breasts is normal to light 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.