Market news [Vol. 50, no. 6 (Feb. 5, 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

5 FEBRUARY 2016

Vol. L No. 6

1 FEBRUARY 2016 MONDAY

The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1250 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 100% (representing 995 loads) of the loads offered have been confirmed within a range of 81.00 to $1.1848 with a final weighted average of $1.1175 f.o.b. dock or equivalent. The market is steady to occasionally weak, and the live supply is short to adequate for a weak to normal to good 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 $1.6350 (based on 1,794,000 lbs.); skinless boneless breasts $1.67 (based on 7,832,000 lbs.); whole breasts $1.00 (based on 939,000 lbs.); boneless skinless thigh meat $1.2050 (based on 2,198,000 lbs.); thighs 59.50 (based on 1,203,000 lbs.); drumsticks 37.00 (based on 2,247,000 lbs.); leg quarters 34.50 (based on 8,012,000 lbs.); and wings $1.66 (based on 3,796,000 lbs.). Demand on line run tenders, skinless boneless breasts and wings is mostly good, occasionally normal; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat and drumsticks is mostly normal, occasionally good to light; demand on thighs is mostly good, occasionally light to normal; and demand on leg quarters is mostly good, occasionally normal to light.

2 FEBRUARY 2016 TUESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1250. The final weighted average was $1.1175 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 to short for a weak to normal to good demand. Average weights are desirable to a little heavy with a lower to occasionally higher to steady to firm price trend.
The f.o.b. dock confirmed final weighted average prices on parts were: line run tenders $1.6350; skinless boneless breasts $1.67; whole breasts $1.00 boneless skinless thigh meat $1.2050; thighs 59.50; drumsticks 37.00; leg quarters 34.50; and wings $1.66. Cooler inventories and supplies on all parts are balanced to occasionally light to heavy, with a good to balanced to light demand. Price trend on all parts is lower to higher, occasionally steady to weak.

3 FEBRUARY 2016 WEDNESDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for next week's trading declined .25 to $1.1225 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 to short for a normal to weak to good 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 $1.6650; skinless boneless breasts $1.4650; whole breasts 95.00; boneless skinless thigh meat $1.20; thighs 56.50; drumsticks 33.50; leg quarters 33.00; and wings $1.7050. Demand on line run tenders, skinless boneless breasts and wings is mostly good, occasionally normal; demand on whole breasts is good to normal, mostly good; demand on boneless skinless thigh meat is mostly normal, occasionally good and light; demand on thighs is mostly good, occasionally light to normal; demand on drumsticks is good to normal, mostly good, occasionally light; and demand on leg quarters is mostly good, occasionally normal to light.
Note: On February 4, 2015, the Georgia f.o.b. dock quoted price on broilers and fryers was $1.1375.
4 FEBRUARY 2016 THURSDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1225 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 77% (representing 792 loads) of the loads offered have been confirmed within a price range of $1.00 to $1.1725 with a preliminary weighted average of $1.1219 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate to short for a normal to weak to good demand. Average weights are desirable to a little heavy.
5 FEBRUARY 2016 FRIDAY
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is $1.1225 based on full truck load lots of ice pack USDA grade "A" sized 2 to 3 pound birds. 86% (representing 886 loads) of the loads offered have been confirmed within a range of $1.00 to $1.1725 with a preliminary weighted average of $1.1220 f.o.b. dock or equivalent. The market is steady to occasionally weak and the live supply is adequate for a normal to weak to good demand. Average weights are desirable to a little 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 $1.63 (based on 1,907,000 lbs.); skinless boneless breasts $1.4850 (based on 7,890,000 lbs.); whole breasts $1.00 (based on 910,000 lbs.); boneless skinless thigh meat 96.50 (based on 2,203,000 lbs.); thighs 57.50 (based on 1,124,000 lbs.); drumsticks 43.50 (based on 1,401,000 lbs.); leg quarters 34.00 (based on 7,262,000 lbs.); and wings $1.68 (based on 3,705,000 lbs.). Demand on line run tenders is mostly good, occasionally very good to normal; 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 normal, occasionally good; demand on thighs and drumsticks is mostly good, occasionally light to normal; demand on leg quarters is mostly good, occasionally normal to light; and demand on wings is mostly good, occasionally normal.