Chicken production for the week ending February 13^th declined 1% from the previous week but was up 3.3% from the same week last year.  2016 to date chicken output is tracking 2.1% above the prior year due to a .4% rise in broiler slaughter and a 1.7% gain in broiler weights.  Various chicken producers suggested late last year that bird weight growth would be nominal in 2016 due to product quality challenges.  If the solid weight gains continue, it would likely temper any pending seasonal price appreciation in the chicken breast markets.  Typically, boneless skinless chicken breast prices rise 28% from now until forming their annual top in mid-May.  The wing markets are starting to soften with additional price weakness likely to occur.

Product Description	Market Trend	Supplies	Price vs. Last Year
Whole Birds 2.5-3 lb-GA)	Steady	Good	Lower
Wings (whole)	Decreasing	Good	Lower
Wings (jumbo, cut)	Decreasing	Good	Higher
Wing Index (ARA)	Decreasing	Good	Higher
Breast, Bone In	Decreasing	Good	Lower
Breast, Boneless Skinless	Decreasing	Good	Lower
Breast Boneless Index (ARA)	Decreasing	Good	Lower
Tenderloin (random)	Decreasing	Good	Lower
Tenderloin (sized)	Steady	Good	Lower
Legs (whole)	Decreasing	Good	Lower
Legs Quarters	Decreasing	Good	Lower
Leg Quarters Index (ARA)	Decreasing	Good	Lower
Thighs, Bone In	Increasing	Good	Lower
Thighs, Boneless	Increasing	Good	Lower

 

Product Description	Market Trend	Supplies	Price vs. Last Year
Large (dozen)	Decreasing	Short	Lower
Medium (dozen)	Decreasing	Short	Lower
Whole Eggs-Liquid	Decreasing	Short	Higher
Egg Whites-Liquid	Decreasing	Short	Higher
Egg Yolks-Liquid	Increasing	Short	Higher

 

	Product Description	Market Trend	Supplies	Price vs. Last Year
Whole Turkeys (8-16 lb)		Increasing	Short	Higher
Turkey Breast  Bnls/Sknls		Decreasing	Short	Higher

 

Market Report provided by:

American Restaurant Association ∙ www.americanrestaurantassociation.com
PO Box 51482, Sarasota, FL 34232 ∙ 941-379-2228