AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Poultry markets.(Livestock and Poultry)
In the poultry sector last week, the chicken and egg markets continued to get kicked as demand for breast meat remained weak as buyers sought to push breast meat prices lower and as egg production simply was far more than the markets required, according to Feedstuffs sources.
Breast meat--which was not only record high in June but, at $2.53-2.56/ lb., or 62.6% more than the year before, was way higher than the previous record--was $1.69-1.72 last Thursday, down 84 cents from the early-June record and 74 cents from early July.
Breast meat prices were actually 4.7% under year-ago.
Analysts explained that retailers took advantage of the seasonally slow August demand timeframe to decrease their buying to minimal needs only to force processors to give in on pricing and succeeded. Buying may pick up some this week at the lower prices, but, in the meantime, the breast meat slide has hurt the entire chicken complex, analysts said.
Chickens delivered into both eastern and midwestern markets at 69-70 cents/lb. last Thursday, down 2-6 cents from the week before but still up 14.9% from the year before as production restraint continues to keep chicken supplies well balanced.
- The chicken markets increased 3-4 cents for whole chickens and 6-9 cents for...
- Magazine article from: Feedstuffs March 14, 2005 700+ words
...Thursday and 6770 cents in the midwestern region. Breast meat was $1.45...1b., up 6-9 cents for the week and...quarters were 28-36 cents, unchanged to up 1 cent for the week...than year ago, breast meat 25.4% lower...
- Breast meat soars; hogs up.(Livestock/Poultry)
- Magazine article from: Feedstuffs Smith, Rod August 28, 2006 700+ words
...meat, limiting breast meat production, sources...further reducing breast meat supplies, sources said. Fresh tom breast meat was $1.34/lb...ago and within 1 cent of last year's...East at 78-82 cents and 78-83 cents...
- Chicken breast meat collapses; packers forced to bid cattle up.(Livestock And...
- Magazine article from: Feedstuffs Smith, Rod July 26, 2004 700+ words
...February, in nearly 40 weeks --and breast meat went into an absolute collapse, falling 55 cents. One veteran reporter said he had...into the midwestern region at 76-79 cents, down 2 cents. Breast meat was $1.65-1.70/lb., 2...
- Hog rout likely to catch cattle; supply shift supports breast meat. (Livestock...
- Magazine article from: Feedstuffs Smith, Rod September 2, 2002 700+ words
...she said. Tom breast meat prices were even...strengthened to 66-68 cents/lb. in the...cents and 57-59 cents in the two regions...prices were a cent higher in the East at 46-49 cents/lb. and unchanged...than paperwork. Breast meat was %1.40...
- Breast meat.(In 60 seconds)(Brief article)
- Magazine article from: Feedstuffs January 15, 2007 700+ words
Breast meat: Chicken breast meat continued to have trouble "getting...hanging over the market, sources said. Breast meat was $1.15-1.20/lb. last Thursday, down 5 cents for the week and down for the second...
- Tom breast meat.(In 60 seconds)(Brief article)
- Magazine article from: Feedstuffs June 11, 2007 700+ words
Tom breast meat: Fresh tom breast meat increased 1 cent to $2.38/lb. last Thursday and was 24.0% more than year ago as demand for cooked and deli product was called moderate to good and supplies were tight.
- Cagle's cites continued low breast meat prices. (Business Briefs).(reports loss...
- Magazine article from: Feedstuffs January 14, 2002 700+ words
...market prices for boneless breast meat. The company said both second...of $1.4 million, or 29 cents per share, on sales of $84...earnings of $600,000, or 12 cents per share, on sales of $72...earnings of $1 million, or 22 cents per share, on sales of $173...
- Cagle's reports continued low breast meat prices.(Brief Article)
- Magazine article from: Feedstuffs September 10, 2001 700+ words
...affected by continued low market pricing for breast meat and start-up costs for a new plant...net earnings of $2.4 million, or 51 cents per share, on revenues that totaled...compared with a loss of $189,000, or 4 cents per share, on sales that totaled $71...