Poultry Market News - Daily Report - Friday - 11/20/09
The Georgia f.o.b. dock quoted price on broilers and fryers for this week's trading is 82.00¢ based on full truck load lots of ice pack USDA grade "A" sized 2½ to 3 pound birds. 79% (representing 761 loads) of the loads offered have been confirmed within a range of 77.67¢ to 85.24¢ with a preliminary weighted average of 81.84¢ f.o.b. dock or equivalent. The market is generally steady and the live supply is adequate for a normal to occasionally good demand. Average weights are ranging mostly desirable. Estimated slaughter today and Saturday is 5,025,500 head. This compares with 4,973,800 head last Friday.
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:
$1.7250 - (based on 1,242,000 lbs.)
Skinless Boneless Breasts:
$1.32 - (based on 5,116,000 lbs.)
Whole Breasts:
76.00¢ - (based on 1,137,000 lbs.)
Boneless Skinless Thigh Meat:
93.50¢ - (based on 1,015,000 lbs.)
Thighs:
49.50¢ - (based on 912,000 lbs.)
Drumsticks:
60.50¢ - (based on 940,000 lbs.)
Leg Quarters:
38.00¢ - (based on 7,313,000 lbs.)
Wings:
$1.57 - (based on 2,699,000 lbs.)
Demand on line run tenders and thighs is mostly normal; skinless boneless breasts and leg quarters ranges normal to occasionally good, mostly normal; whole breasts, drumsticks and wings is good; while the demand on boneless skinless thigh meat is light to normal.
Trading on heavy breeder type hens was active. The market undertone is unchanged with offerings adequate for a good to very good pre-holiday demand. There was not enough negotiated trading for the week ending today to report a price. Estimated slaughter for the week ending today is 206,200 head. This compares with 278,000 head the same time a year ago. There was also not enough negotiated trading for next week to report a price.
ESTIMATED SLAUGHTER FOR THE WEEK ENDING TODAY: Broilers and fryers are 22,751,800 head. This compares with 21,946,000 head of broilers and fryers the corresponding week a year ago.
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