NW_PY029 Des Moines, IA Fri. Jul 18, 2008 USDA Market News TURKEY: Daily National Young Turkey Parts (Fri) BULK MEAT and FROZEN (UNLESS SPECIFIED), CENTS PER LB., DELIVERED FIRST RECEIVERS, PART AND FULL TRUCKLOTS AS OF 18 JULY 2008. The market tone on tom drums was steady to instances weak as some sellers demonstrate a willingness to negotiate in order to get excess inventories moved into export channels. The market tone on tom necks was steady to barely steady at best, tom full-cut wings steady to barely steady with increased confidence starting to be noted in response to the increased export interest, tom 2-joint wings barely steady to steady mostly steady, tails steady to firm. Demand on tom drums light to moderate, tom wings moderate to good, tom necks light at best, and tails moderate. Offerings of tom wings and necks adequate to fully adequate, tom drums mixed, and tails light. Domestic trading slow to moderate, exports active. For domestic (fresh): wing meat with skin 86, breast trim 123 cents delivered. For export: fresh -20% MST 27, tom necks 37-39 cents delivered. WEEKLY DOMESTIC TRADING PRICE LST WTD WTD WEEKLY RANGE CDE AVG VOLUME AVG VOLUME 1/ PRICE (000) PRICE (000) BREASTS, 4-8 LBS GRADE A 2/ W 133.00 40 133.00 40 BREASTS, 4-8 LBS GRADE A--FRESH 2/ R 163.00 1 166.64 11 BREASTS, 4-8 LBS PLANT GRADE 2/ DRUMSTICKS, TOM F 54.16 57 DRUMSTICKS, TOM--FRESH 52.00-54.00 53.00 80 53.00 80 DRUMSTICKS, HEN 47.00-50.00 48.80 200 48.80 200 WINGS, FULL-CUT, TOM T 45.33 120 44.88 149 WINGS, FULL-CUT, HEN 44.00 44.00 20 44.43 35 WINGS, V-TYPE, TOM R 58.00 80 58.40 100 WINGS, V-TYPE, HEN R 75.00 80 75.00 80 NECKS, TOM 39.00 39.00 40 37.23 175 NECKS, HEN R 37.00 40 36.73 55 BREASTS, B/S, TOM 3/ BREASTS, B/S, TOM--FRESH 3/ 171.00-176.00 173.14 280 173.00 600 THIGH MEAT F 106.00 30 THIGH MEAT--FRESH 104.00 104.00 20 103.94 34 BREAST TRIM MEAT F 122.00 40 SCAPULA MEAT 112.00 112.00 40 112.00 40 WING MEAT WITH SKIN TENDERLOINS DESTRAPPED TENDERS DESTRAPPED TENDERS--FRESH W 172.00 40 172.00 40 MECHANICALLY SEPARATED 4/ 25.00-26.00 25.14 280 25.14 280 MECHANICALLY SEPARATED--FRESH 4/ 25.00-25.50 25.30 200 25.25 240 EXPORT TRADING DRUMSTICKS, TOMS 48.00-54.00 49.21 930 49.66 1,793 WINGS FULL-CUT - TOMS 41.00-44.00 43.52 836 44.43 1,322 WINGS, V-TYPE, TOM 58.00-59.00 58.50 432 61.14 1,566 TAILS W 38.75 456 38.81 576 MECHANICALLY SEPARATED 4/ 26.00-27.00 26.21 560 26.12 1,004 THIGH MEAT - FROZEN 1/ CODES FOR LAST SIGNIFICANT TRADE (L.S.T.): M=MONDAY T=TUESDAY W=WEDNESDAY R=THURSDAY F=FRIDAY 2/ Breasts are bagged; rib, back, and wing meat included; and basted. 3/ Boneless and skinless without tenderloins. 4/ 15-20% fat with skin added. Source: USDA AMS Poultry Programs, Market News & Analysis Branch Des Moines, IA 515.284.4471 http://www.ams.usda.gov/mnreports/NW_PY029.txt Prepared: 18-Jul-08 02:22 PM E GM