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USDA: Poultry retail demand light to moderate; processing normal to reduced

18 September 2020, at 1:11am

According to the USDA Daily National Broiler Market report, whole broiler/fryer prices are generally trending steady to weak with three pound and heavier weights in the weakest position.

Whole broiler/fryer prices are generally trending steady to weak with three pound and heavier weights in the weakest position. Offerings of all sizes are moderate to heavy for current needs. Retail and food service demand is light to moderate for the upcoming weekend. Processing schedules are normal to reduced. Floor stocks are balanced. Market activity is slow to moderate.

In the parts structure, prices are trending steady to firm for dark meat items, and steady for boneless skinless breasts and wings. Tenders are steady to weak, and all other parts are steady. Supplies of wings are seasonally balanced and clearing satisfactorily. Dark meat cuts are light to moderate with leg quarters, drums, and thighs in the best position.

The remainder of items range moderate to heavy and slow to clear. Market activity for parts is slow to moderate.

In production areas, live supplies are moderate to heavy. Weights are mixed, but mostly desirable.

According to the USDA National Retail Report - Chicken, incentives to purchase take a tumble as the feature rate increases and mirrors activity similar to a year ago. In the whole bird section, bagged fryers double in features and bagged roasters reclaim their space in the circulars.

Tenders and split breasts rise in offerings and prices for B/S breasts and value pack tenders are sure to lure in buyers. Most dark meat items retreat from ad space and value pack options push up prices. Frozen B/S breasts attract the most attention with increased features and decreased prices.

Activity in the deli slows, but prepared foods of all types are still available. Specialty and organic increase in ad space.

From USDA National Retail Report - Chicken
From USDA National Retail Report - Chicken

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