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Poultry Report
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Poultry- The chicken breast markets held up very well in August due to solid demand and elevated alternative protein prices. Chicken breast demand is anticipated to fade in the coming weeks which should pressure chicken breast prices downward. Last year, the ARA weekly chicken breast index declined 13% during the next three weeks. Chicken breast prices are forecasted to average well below this summer’s levels during the fall which could hurt chicken producer margins. That being said, we anticipate that chicken production expansion will persist into 2011. The chicken wing markets are steady to firm. Seasonal charts indicate that that the chicken wing markets could appreciate roughly $.05 during September.

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Market Trend |
Supplies |
Price vs. Last Year |
Whole Chicken (2.5-3 lb-GA) |
Steady |
Good |
Higher |
Whole Chicken (LA) |
Steady |
Good |
Higher |
Chicken Wings, Whole |
Steady |
Good |
Lower |
Chicken Wings, Jumbo Cut |
Decreasing |
Good |
Lower |
Chicken Breast, Bone-In |
Increasing |
Good |
Higher |
Chicken Breast, Bnless Sknless |
Increasing |
Good |
Higher |
Chicken Tender (random) |
Steady |
Good |
Higher |
Chicken Tender (sized) |
Decreasing |
Good |
Higher |
Chicken Legs (whole) |
Increasing |
Good |
Lower |
Chicken Leg Quarters |
Steady |
Good |
Lower |
Chicken Thighs, bone in |
Decreasing |
Good |
Lower |
Chicken Thighs, boneless |
Increasing |
Good |
Lower |
Large Eggs |
Increasing |
Good |
Higher |
Medium Eggs |
Increasing |
Good |
Higher |
Whole Eggs- Liq |
Steady |
Good |
Higher |
Egg Whites- Liq |
Increasing |
Good |
Higher |
Egg Yolks- Liq |
Increasing |
Good |
Higher |
Whole Turkey (8-16 lb) |
Increasing |
Good |
Higher |
Turkey Breast- Bnls/Sknls |
Increasing |
Good |
Higher |
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