Share via Email

 
* Email To:      (Separate multiple addresses with a semicolon)
* Email From:    (Your IP Address is 54.81.82.181 )
* Email Subject:    (personalize your message)
* Required:  
ID=8919  
Email Body:   
 

Weekly Turkey Production and Prices

  

Mar 15, 2017

    

The February 16th edition of the USDA Turkey Hatchery Report, issued monthly, documented 29.8 million eggs in incubators on February 1st 2017, up 10 percent from February 1st 2016. A total of 25.1 million poults were hatched in January 2017, up 10 percent from January 2016.

A total of 23.2 million poults were placed on farms in the U.S. in December 2016, up 5 percent from January 2016. The relative hatch and placement values suggest disposal of 1.9 million hen poults or 7.5 percent of hatch. Poult placements in 2017 have attained 23.0 million.

  

The March 10th edition of the USDA Turkey Market News Report (Vol 64, No. 10) confirmed the following provisional data for turkeys slaughtered under Federal inspection:-

  • For the processing week ending March 4th 1.842 million young hens were slaughtered at a live weight of 8.21 kg (8.12 kg last week). During the corresponding week in 2016, 1.921 million hens were processed. Ready-to-cook hen weight for the week attained 11,451 metric tons, 9.8 percent less than the corresponding week of 2016. Dressing percentage was 80.5. Year-to-date RTC hen production has attained 90,590 metric tons, 10.3 percent less than YTD 2016.
  • For the processing week ending March 4th 2.478 million toms were slaughtered at 19.08 kg (18.99 kg last week) compared to 2.408 million toms during the previous processing week. For the corresponding week in 2016, 2,258 million toms were processed. Ready-to-cook tom weight for the past week attained 38,762 metric tons, 11.3 percent more than in the corresponding week of 2016.  Dressing percentage was 80.5.Year-to-date RTC tom production has attained 338,209 metric tons, 2.9 percent more than YTD 2016.

The National average frozen hen price during the past week was $2.24 per kg, 4 cents/kg below the three-year average.

  
  • The following prices were documented for domestic and export trading:-

Product

$ per kg

Change from previous Week (%)

Frozen hens

 2.24

                     Up        0.5

Frozen toms

 2.24

                         Up        0.5

Fresh hens

    2.61

                         Down   0.8

Fresh toms

    2.58

                     Unchanged

Breasts 1.8-3.6 kg

    2.63

                         Down   1.5

Breasts (B/S) tom

    3.52

                     No new quotation

Drums (toms for export)

    1.03

                     Up         4.0

Wings (V-cut tom)

    0.57

                     Down   12.3

Wings (V-cut hens)

    4.09

                         Up 67.0 since last quotation

Thigh Meat (frozen for export)

    2.75

                     Down    3.1

Mechanically Separated (export)

 0.48

                         No new quotation

 

 

On March 6th 2017 cold storage holdings at selected centers amounted to 62,891 metric tons up 23.3 percent from an inventory of 50,989 metric tons on February 1st 2017.

The February 23rd 2017 edition of the USDA Cold Storage Report issued monthly, documented a total turkey stock of 339,340 metric tons on January 31st 2017, up 17.1 percent compared to January 31st 2016 inventory, and 21.7 percent above December 31st 2016. The Whole Turkey category representing 36.7 percent of total storage amounted to 56,448 metric tons, up 17.7 percent from January 31st 2016.

Please review comments on prospects for exports as outlined in the weekly Broiler Report in this edition. This follows isolation of LPAI from flocks on a farm holding two ages of growing turkeys in Tennessee. In addition a now depleted flock of broiler breeders in an adjoining county yielded a North American lineage H7N9 HPAI strain with no evidence of lateral spread as of Friday 10th March, one week following the initial diagnosis.

  
 








 
 
Copyright 2017 Simon M. Shane