Egg Industry News and Commentary

  —  Jun 21

 
Weekly Turkey Production and Prices

    

Poult Production and Placement:

The June 15th edition of the USDA Turkey Hatchery Report, issued monthly, documented 28.8 million eggs in incubators on June 1st 2017 (29.0 million eggs on May 1st) down 4.3 percent from June 1st 2016. A total of 24.1 million poults were hatched in May 2017 (23.3 million in April) down two percent from April 2016.

  

A total of 22.9 million poults were placed on farms in the U.S. in May 2017, down two percent from May 2016. This suggests disposal of 9.1 percent of hen poults hatched during May or 4.6 percent of the total hatch.

For the period January through May 2017, 121.70 million poults were hatched and 113.57 million were placed. This suggests disposal of 8.33 million hen poults over five months representing 6.8 percent of the total hatch or 13.6 percent of hen poults hatched.

Turkey Production:

The June 16th edition of the USDA Turkey Market News Report (Vol. 64, No. 24) confirmed the following provisional data for turkeys slaughtered under Federal inspection:-

  • For the processing week ending June 10th 1.750 million young hens were slaughtered at a live weight of 7.7 kg or 16.9 lbs. (7.5 kg last week). During the corresponding week in 2016, 1.974 million hens were processed. Ready-to-cook hen weight for the week attained 10,938 metric tons, 10.3 percent less than the corresponding week of 2016. Dressing percentage was 80.5. Year-to-date RTC hen production has attained 237,606 metric tons, 12.4 percent less than YTD 2016.
  • For the processing week ending June 10th 1.750 million toms were slaughtered at 19.0 kg or 41.8 lbs. (19.0 kg last week) compared to 1.849 million toms during the previous processing week. For the corresponding week in 2016, 2.622 million toms were processed. Ready-to-cook tom weight for the past week attained 40,524 metric tons, 1.1 percent more than in the corresponding week of 2016.  Dressing percentage was 80.5.Year-to-date RTC tom production has attained 858,193 metric tons, 4.0 percent more than YTD 2016.
  • The National average frozen hen price during the past week was $2.17 per kg. 35 cents lower than the previous week at $2.52 per kg. and 33 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

 2.17

                     Down  14.0

Frozen toms

 2.23

                         Down  10.8

Fresh hens

    2.54

                         Up        0.8

Fresh toms

    2.51

                         Unchanged

Breasts 1.8-3.6 kg

    2.64

                         Up        3.5        

Breasts (B/S) tom

    3.26

                         No quotation

Drums (toms for export)

    1.58

                         Up       7.5

Wings (V-cut tom)

    0.84

                         Unchanged

Wings (V-cut hens)

    3.96

                         Unchanged

Thigh Meat (frozen for export)

    2.35

                         Unchanged

Mechanically Separated (export)

 0.88

                         Up       8.6

 

 

Inventories:

On June 12th 2017 cold storage holdings at selected centers amounted to 81,482 metric tons up 16.2 percent from an inventory of 70,105 metric tons on June1st 2017.

The May 22nd 2017 edition of the USDA Cold Storage Report issued monthly, documented a total turkey stock of 216,952 metric tons on April 30th 2017, up 19.7 percent compared to April 30th 2016 inventory, and 6.8 percent above March 31st 2017. The Whole Turkey category representing 46.3 percent of total storage amounted to 100,580 metric tons, up 21.5 percent from April 30th 2016.

Exports:

Please review comments on prospects for exports as outlined in the weekly Broiler Report in this edition. No new avian influenza cases have been diagnosed during the past eight weeks. Restrictions on movement of live birds from control zones have been recently lifted in affected states based on surveillance which failed to detect additional cases.

 (SMS 932-17 June 18th 2017) Figure from USDA Turkey Market news report