Molasses market news annual summary ...

MISSING IMAGE

Material Information

Title:
Molasses market news annual summary ...
Series Title:
1964-<1970>: C & MS ;
Physical Description:
v. : ; 26 cm.
Language:
English
Creator:
United States -- Consumer and Marketing Service
United States -- Agricultural Marketing Service
Publisher:
The Service
Place of Publication:
Washington, D.C
Creation Date:
1967
Frequency:
annual
regular

Subjects

Subjects / Keywords:
Molasses -- Statistics -- Periodicals   ( lcsh )
Genre:
serial   ( sobekcm )
federal government publication   ( marcgt )
statistics   ( marcgt )

Notes

Statement of Responsibility:
United States Department of Agriculture, Agricultural Marketing Service.
Dates or Sequential Designation:
1961-
Issuing Body:
Vols. for 1961-1963 issued by U.S. Agricultural Marketing Service; 1964-<1970> issued by U.S. Consumer and Marketing Service.
General Note:
Title from cover.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 004704023
oclc - 29657322
System ID:
AA00008483:00004

Related Items

Preceded by:
Molasses, feed and industrial annual market summary
Succeeded by:
Molasses market news. Market summary

Full Text
urrg


'to


/0


rev


SU


~t)


CONSUMER AND MARKETING SERVICE


rs an .


Ir. a.





CONTENTS


Molasses


price


trends


at New Orleans,


1962-67


(chart).


Blackstrap mol
tank truck,
New Orleans,


.asses prices
1963-67:


Houston,


by months,


Corpus


Christi


f.o.b.


tank


El Paso.


car or

. S S


Phoenix, M
Baltimore,


[obile,


South


Norfolk,


Florida,


Philadelphia


Savannah,
. New York


Wilmington


Boston,
Minneapo


Omaha,


Albany,
lis, Chi


Memphis,


Buffalo,
cago, St
Denver,


Toledo,
. Louis,


Cincinnati.


Kansas


California Ports


City .
, Pacific


Northw


est Ports


Beet


molasses


tank truck,


Colorado


Citrus


prices by
1963-67:


, Wyoming,


hydrol


month s


Montana,


molasses


f.o.b


Oregon,


prices


tank


Utah,


by months,


car or


Idaho.


tank car or


tank


truck,


1963-67:


Florida,


Chicago,


Kansas


City.


Price
New


comparisons


York,


Chicago


between molasses


and Kansas


City


and No. 2
, 1958-67


yellow


corn


Hawaiian
mainlan


and Puerto


and expo


Rican
>rts to
'+


production,


other


shipments


countries,


to the


1958-67.


molasses


molasses

molasses


production,


imports

imports


inshipments,


country

customs


imports


of origin,

districts,


and exports,


1963-67

1963-67


1951


* . .

. S .


molasses


imports


country


of origin and


customs


districts,


1967.


18-21


molasses

molasses


exports

exports


country

customs


destination,


districts,


1963t


1963-67 t


Si S


S. molasses


utilization,


1956-67.


Grain Division


Consumer


and Marketing


Service


March


1968


Page





MOLASSES MARKET NEWS


- ANNUAL SUMMARY


HIGHLIGHTS OF 1967


The general


level


of molasses


prices


in the United


States


during 1967


eraged


well


above


that


of the previous


year.


high


cost


of imported


molasses


and a continued
major strength
early in the ye
prices general


less


The relati
favorable


good
ning i
ar rea


y ranged


demand from the li
influencess on domes
ched their highest


from


onship between
for molasses i


3/h4 to 1.6

the cost of


n 1967


vestock


points


feeding industry provided


prices.


Although


in about four years,


per gallon


mola


sses


below the


and the cost of


prices


closing


end of 1966.


corn


was


than in 1966.


Mola


S


1967 was e
year before
in 1960.
1967 supply
previous y
Mexico rem
fishing a
into this
Customs Di
dropped 25
Puerto Ric


ses available
estimated at
e and second


A rise


ies.


ear,
.ained


feed


700


million


only to


* in imports
Domestic so


while


of


urce


shipments


the United Stat


record 130
country fro
strict. Ex
percent be
o and went,


and industrial


gallons.


the record
molasses ac
s provided
from Hawaii
/ I 1 ** i -nn


million gallons.


im all foreign


"ports
:low th


of mola
e year


as usual,


tar U~;1


This


use in the United


States


was six percent more


721-million-gallon
counted for most of


only


a little


more


and Puerto Rico


foreign


A third


suppliers


sses


from


before.


to Canada


supplier


during


than


supply available
the increase in


mola


sses


ran slightly


of molas


of the total molasses


came


the
Most


through


United States


molas


the United


than


smaller


fur-


ses,


imported


the New Orleans


during


1967


ses exports were made


Kingdom,


from


and the Nether-


lands.


quantity


the United States
this purpose was
little changed fr
stock feed in 196


of molasses
during 1967


the heavie


om


7


year


used in
showed a


since


before.


the manufacture


sharp


1960.
The


was 519 million gallons


increase


of distilled


In fact,


Other industrial


amount
-- the


of mola
most s


sses


uses,


spirits i
s use for


however,


available


were
live-


since 1960


PRICES


Cane Molasses


Prices
autumn of 19


demand


of cane mola


sses


-- continuing an


-- advanced further


from feeders,


Prices held r
decline throu

Except f
good in 1967.
cbrn prices c

Cane mol


below a


year


least downtur


ranchers,


during the


upward
first


trend


that


two months


and feed manufacturers was


relativelyy steady through April,


Lghout

or the


the remainder


seasonal


Molasses


lame


.asses


earlier
Sn of an


dowen


lost


fast


prices


at most


y area


of the


summer
some of


er than mola

at the close


terminal


in the


lull,


seas


then began a


started in


of 1967 when
onally heavy.


gradual


steady


year.


demand


its price


sses


for molasses


was


advantage in relation


generally


corn as


prices.


of the


year


ran 3/4t


East Coast markets


country.


This


was


to 1.6S


regis


tered


gallon
the


largely a reflection


continued
n-tnL v I


strong competi
-*a -3a a. 4


tion in


the East and


1/0


the general


'-a- ~mn1 a \


trade


practice


of
OAM. 4a


molasses


av-


4. a It ln. )~. ~f


es


-
















LU


OL
m
LU


z
L

U

C
0.
1--





Differentials,


major molasses


In fact
Orleans
Corpus
close o


or the price


terminals


the closing
The spread


Christi,


Mobile,


f the year.


from Savannah


ference
ranged


between
anywhere


in 1967


relationships,


were


price of molasses
between the price


and the West


The spread


to New York,


the New Orle


fro m


3-1/2


ran 1I


and stood


not much
in South


between New Orleans


different
Florida


of molasses


Coast


pe
at


ans price
to about 6


was


only


r gallon at
1.95 in Bos


and prices
-1/4 per


and other


from those of 1966.
was on a par with New


at New Orleans


1/2
all E


ton a


at most
gallon.


per gallon
ast Coast


nd Albany.
Midwestern


nd Houston,
at the
terminals
The dif-
markets


Beet Molasses


Prices


flected,
selling


of beet


molasses


a large extent,


a large


arrangements.


closed
than th
1966, a
average
$3.30 p

Citrus


out 1967


previous


nd 1967
price


part of
Although
at the


the beet
prices w


same


season.


prices


went


held


up $3.


er ton in Oregon,


remained


steady throughout


common pr
molasses


er


level


This


e unchang
as 1966,


was due


at the high


84 per
Utah,


ton in


to
leve
Colo


actice


in the


production


ed


on a


the year's
the fact t
1 reached


rado,


the
sugar


on yearly


month-to-month


average


hat


prices


at close


Wyoming,


year.


This


beet area


re-
of


contractual


basis


rice w
rose
f 1966


and Montana,


and Idaho


Ls higher
*apidly in
The 1967
and


Molasses


The
breaking


Although


1967

Corn


market fo
output of
throughout


r citrus
citrus


molasses
molasses.


year,


the closing market


average

(Hydrol)


price


stood $


with


was
.35


held


Prices


most


sales


only $1.00
higher than


well


in 1967


remained
made at


despite a


steady
the top


ton above


a year


at $16.'
of the
year b


record-
00 to $18.00
range.
before, the


earlier


Molasses


Price
two months
declining
molasses p


late


in the


However,
in Chicag
sufficient


half


corn


of 1967,
the last


prices


year


the 1967
o and $7


t to


more


molasses
holding r
two months


stood
left


well


followed
relatively
of the y


above


closing p


average pric
.50 higher in


than


offs


r


e


an uneve
stable


ear.


that of


trend


the next


Even


-- advancing


eight


months


so, the general


previous


ices slightly under
was about $9.00 per


Kansas City a
the generally


season.


ton


s the upturn
low prices


of 1966.


The quantity


while


the amount


pharmaceutical


great


molasses


extent,


of
used


industry


corn


molasses


by various
y -- showed


the comparatively high


and the suitability


used


in livestock fee


manufacturing


outlets


a further increase.


cost


of corn mola


of
sses


corn


the first
, and then


level


corn


The downturn


previous y
above the
s early in


prevailing


d continued


ear's
1966
1967


close.
average
were


in the first


to decrease,


-- particularly the


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Table


--Price comparisons


New York,


between molasses and


Chicago and Kansas City,


No. 2 yellow corn at
1958-67 I/


: New York Chicago : Kansas City
: Corn :Molasses:Differ-: Corn :Molasses:Differ-: Corn :Molasses:Differ-
ear : bu. : 6gal.: ence : bu. : 64 gal.: ence : bu. : 6 gal.: ence

-Cents--

1958.........: 156.3 115.0 +41.3 125.5 123.1 +2.4 120.0 127.4 -7.4
1959.........: 150.6 103.0 +47.6 122.5 107.1 +15.4 117.3 111.0 +6.3
1960.........: 143.8 89.0 +54.8 115.6 92.9 +22.7 113.6 103.1 +10.5
1961.........: 141.8 102.2 +39.6 113.1 112.7 +0.4 112.4 125.3 -12.9
1962.........: 142.0 102.6 +39.4 112.8 117.8 -5.0 115.0 129.5 -14.5

1963.........: 155.0 143.8 +11.2 126.0 170.8 -44.8 125.4 177.7 -52.3
1964.........: 151.3 104.3 +47.0 125.1 111.1 +14.O 127.5 113.9 +13.6
1965.........: 151.5 81.2 +70.3 130.2 88.5 +41.7 130.4 91.4 +39.0
1966.........: 158.4 94.2 +64.2 136.8 119.7 +17.1 136.3 124.7 +11.6
1967.........: 149.6 117.6 +32.0 129.5 145.0 -15.5 129.6 146.3 -16.7

_/ A "rule of thumb" measure-- 6-1/2 gallons of molasses are about equivalent in
carbohydrate value to one bushel of corn -- is widely used to compare the carbohy-
drate value of molasses and corn. This measure is based on experiments conducted to
evaluate the energy produced from one bushel of corn and the amount of molasses
required to produce the same amount of energy.


Table 5.--Molasses: Hawaiian and Puerto Rican production, shipments to the
U. S. mainland, and exports to other countries, 1958-67

: Hawaii : Puerto Rico
: : Shipments : Exports : Shipments : Exports
:Production: to U. S. : to other :Production: to U. S. : to other
: mainland ': countries : : mainland : countries
--1,000 gallons--


1958
1959
1960
1961
1962


4,642
7,771


* ..a.S .*.* .
.....*....:*
S
.
~ S S *S *


a *I .I a


1963
1964
1965
1966
1967


a



* seaa a ...:.
S t.....


55,373
57,688
58,389
59,772
61,672


61,548
64,563
57,140
60,700
52,100


16,590
18,190
21,104
7,259
4,775


Estimated.


Source:


Bureau of
Producers


the Census, U.
of Puerto Rico;


. Department of Commerce; Association of Sugar
and Hawaiian Sugar Planters Association.


15
20
6
- 18
14

























S. ** *
02


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Table 7.--Molasses, inedible: U.


S. imports by country of origin, 1963-67


Country of origin 1967 1966 1965 1964 1963
- --1,000 gallons--


Angola.....
Australia..
Austria....
Bahamas...
Barbados...


S
* 6S* ** 6~tS*S** S S
a
* *** ** ** *6


20,137


6,757


22,117


2,390


Belgium & Luxembourg..


Brazil..........
British Honduras
Bulgaria......
Canada..........
Colombia........


Costa Rica.........
Denmark...... ....
Dominican Republic.
Ecuador......... .
El Salvador........
France.............
French West Indies.
greece... .
Greenland..........
Guatemala.........
Guyana (British Guit


Haiti.....
Honduras..
India.....
Indonesia.
Iran......
Italy.....
Jamaica...


Japan....
Kanya....


......... S
..a .. S.S ..
........ a


* 5*** 5* ** *5
* 6S* s*d***S** SB..~
S
* S *t***aS* a as a


a
. *6*e***S a a as C S


* 5S *55~ *6S5 S S -
5
* a *. a *s
S
* a S sSS**S** .5*
* S *#C5SSSS *6


* a C....


C
~50ea.


553* 5* *S.

*111 a a *55 C1L 6I*


19,935
2,266
1,509
1,217
15,392
1,000

40,171
5,022
4,048
5,767
5,b12
4,300

6,528
2,516
5,688
1,038


2,023
19,138


1,267

1,274
6,271


47,533
10,888
1,210
6,076
3,526


5,292
1,837
4,056
2,327
3,278
3,278


16,508


7,629


5,577


3,113

1,986
2,439


41,329
9,863
1,648
9,617
3,399


3,439
4,466
4,264
1,650


9,932
700


4,926
754


819

1,642


2,164
32,591
2,270
953
10,524
3,813


1,268
3,333
5,375
1,624


1,767


4,398

1,833
390

2,256


42,926
6,813
1,286
9,390
6,511


3,570
3,530
1,426
1,426


7,772


17,536


5*CCS 555 C::


1,833

24,132
502
2,594


17,317


Leeward & Windward Islands


.. a..:


Mauritius............
Mexico ..... .
Morocco............ ..
Mozambique...........
Netherlands..........
Netherlands Antilles.


Nicaragua....
Pakistan.....
Panama......
Peru. ....
Philippines..
Poland.......


*a. .... *.a .
*.........S ...:


6,583
130,705


6,219
99,312
2,119


3,301
95,564
3, 629
3,629


11,919
86,404


7,567
93,175


2,203


2,008


.. 578


S... *11aa 6I


* *. ... ........ **
a e~es .. a .... *


Republic of South Afri
Switzerland...........


Taiwan (Formosa)...
Trinidad & Tobago..
UAR (Egypt)........
United Kingdom.....
Venezuela.........


1,817

2,662
19,154
963


I)IIII)5


6
* *.65a*.*SS S S *
S
* *C* 6 *5~ 5~5 *S.


**S*55***SS**S 5
S


Total..... .....................


4,722
7,705


3,979
2,394


350,548


1,424
3,438

830
24,665
4,246
6,817
3,152
1,377
3,811
5,992

5,960
3,647

314,157


3,737


4,897
9,427
1,116


8,985
6,756
1,804
1,705


268,016


1,920
1,886
2,353
12,934
19,343

4,109
a
2,893
8,708


266,421


4,517


21,243
11,858


15,886


9,188


270,423





Table 8.--Molasses, inedible: U.


S. imports by customs districts, 1963-67


Customs districts 1967 1966 1965 : 1964 : 1963


--1,000 gallons--


Arizona........
Buffalo......
Chicago........
Connecticut...
Dakota.........


*. .. ... :


4,800
2,446


3,307


Duluth & Superior


El Paso....
Florida....
Galveston..
Georgia....


S. as..... .:
.. ......*


13,745
1,517
5,199
4,247


5,037
3,047


2,599
5,218


1,500
111


8,539
2,378
3,395
5,677


6,768
1,484
37,354
2,293


3,473
2,712


3,381
3,493


2,654
285


7,390
723
39,977
3,073


6,402
817


208
7,173
3,423
35,863
3,365


Houston... ... .
Laredo. .... .
Los Angeles...........
Maine & New Hampshire..
Maryland...............


44,985
1,152
18,4 41
161
20,037


40,717
685
22,139
134
15,106


26,055
213
9,353


24,724
3145
12,513


18,936
406
19,361


Massachusetts.
Michigan.....
Mobile........
New Orleans...
New York......


.... ...:
*


*
... *.*..:*
*
*.......a:a *


North Carolina..........:
Ohio... ... ...........
Philadelphia...........:
Pittsburgh..............:
Puerto Rico.............:


4,605
30


2,137


13,683 9,404
113,359 102,906
49,006 54,329


4,639
1,980
11,442

1,086


3,904
1,876
12,584


12,115
79,186
42,483


3,567
2,559
11,552


4,154


5,053
57,099
52,231


4,313

11,811
1,285


2,617


9,193
70,885
43,045

3,460
5,493
10,316


Sabine...........
San Diego........
San Francisco....


Vermont....
Virginia...
Washington.


...*..
. *
*......*


*..a..a..:.
. *
* "
*


3,154
9,259
12,926
489
4,618
235


2,479
4,130
8,313
802
3,715


1,410
2,859
12,820
719
4,620


2,071
5,996
20,495
838
3,178


1,582
6,624
8,919
466
4,897


Total. ...... .........:


350,548 314,157


268,016


266,421


270,423


Source: Bureau of the Census





Table


--Molasses, inedible: U.


S. imports by country of origin


and customs districts, 1967


Country :Arizona "Buffalo :Conn. El Paso :Florida "Galveston
@


--1,000 gallons--


Australia.......
Barbados.........
Brazil...........
British Honduras.
Bulgaria.......


.....* *..
..C*.... :
.
*.......:C


Canada. .. .... ...
Colombia..........
Costa Rica.........
Dominican Republic.


- 2,50O


2,491


Ecuador........ .


El Salvador..........
France......... ....
French West Indies...


Greece......... ....
Guatemala.........


* C *


Guyana (British Guiana)
Haiti. ..


S- 768
.: 236


Honduras..
Italy....
Jamaica...


Mauritius.
Mexico....
Nicaragua.
Panama....
Peru......


: 4,800


807 13,745


* S S S S S S C S C
* C S C S C S C S C C


2,308


Philippines.........
Taiwan (Formosa)-...
Trinidad & Tobago...
United Kingdom......
Venezuela...........


.. .:
. S Ct *


1,699


Total....... ......... : 4,800


2,4h6 3,307 13,745


1,517


5,199


Source: Bureau of the Census





Table


--Molasses,


inedible:
and customs


U. S


imports


districts


country


of origin


1967


Georgia : Houston : Laredo : Los : Maine : Maryland Mass. : Michigan
: Angeles : & N. H. : :


--1,000


6,468


gallons--


2,648


1,927


5,870
1,000
1,010
2,4h2


1,29


1,800


5,463


4,300


,195


1,680


4,486


1,798


19,045
1,698


1,15


18,441


4,530


4,247


44,985


1,152


18,441


20,037


4,605


(Continued


on next


page)





Table 9.--Molasses, inedible: U.


S. imports by country of origin


and customs districts, 1967 (Continued)


Country ob: : New :New : North :O h :Phila-
:Orleans :York :Carolina : :delphia


--1,000 gallons--


Australia.......
Barbados .........
Brazil...........
British Honduras.
Bulgaria.......


Canada .
Colombia.........
Costa Rica......


Dominican Republic.
Ecuador. .......


""


3,225
6,661
15,678
1,394


........:*


........e
S
. .. :0


..0.. .0:
* 0..*.


2,271
a


2,765


1,536


2,206


2,330
267
1,509


4,714


9,842 10,827
2,399


1,905
a


El Salvador.........
France. .....
French West Indies..
Greece............


:::::S


5,767


5,412


Guatemala.... ..........

Guyana (British Guiana)
Haiti... ...............


4,333


1,182
4,126


Honduras...


... ....... .. 802


Italy ........
Jamaica......


5,929


2,023
4,039


Mauritius..
Mexico.....
Nicaragua..
Panama.....
Peru... .


8,651


0
* ~0 005500050.*
S
* C *0*9*000 *
0
* SOS' S 0 59000*


Philippines.......
Taiwan (Formosa)...
Trinidad & Tobago..
United Kingdom.....
Venezuela..........


S SO*..*


3,330
25,260


7,847


3,103 1,980


7,331


1,197
15,989


2,761


3,661


1,754


2,345
3,979


Total. ... ..... .. ...: 13,683


113,359 49,006


4,639 1,980


11,442


Source: Bureau of the Census





Table


--IMolas


ses,


inedible:


U. S.


imports


country


of origin


and customs


districts


1967


(Continued)


Puerto : Sabine : San : San : Vermont : Virgina Wash.: Total
Rico : : Diego : Francisco: : :


--1,000


gallons --


1,28


20,137
6,757
19,935
2,266
1,509

1,217
15,392
1,000
40,171


1,01


1,086


1,073


,0oh8
5,767
5,412
4,300
6.628


2,516
5,688
1,038
2,023
19,138


1,206


2,135
6,051


1,118
4,703


,317


6,583
130,705
1,817
2.662


1,299
857


963
1,961
-


963
4,722
7,705
3,979
2,394


1,086


3,1524


9,259


12,926


4,618


350,548





Table 10.--Molasses, inedible: U.


S. exports by country of destination,


1963-67 I/


Country of Destination 1967 : 1966 1965 196 : 1963
--1,000 gallons--
Belgium & Luxembourg............: 2,411
Bermuda...... .. ...... .. .. 3
British Honduras................: 4
Canada.......................... 4,465 3,883 1,916 9,189 3,726
Chile .... ........ ....... : 945- -
Denmark.......................... ...- 8
France......... ... ....... ..... : 2,18 -

Iceland................... ...... 16 122 1
India .................. ....... .. 2 133 165 203 118
Ireland................... ......: 4 760
Israel........... ............ 183
Italy ................. .........: 230
Jamaica. .. . .... ..... .. .: 3 2
Japan.... ....................... 19 401 623 813
Libya............................ 22
Mexico................................. 369 25 6 42 4
Netherlands.....................: 6,460 11,462 2,303 7,316 2,384
Netherlands Antilles............ 6 -
Philippines......... ........... 2
Rep. of South Africa............: 4 1 3 34
Saudi Arabia................... -
Singapore..... .. .... : 1 -
Spanish Africa.................: 2 -
Sweden. . . 3 .
Switzerland ................... 26 -
United Kingdom.................: 2,421 2,312 4,552 6,777 8,886
West Germany....................: 10 2,102
Other.......... ... .......... :... 9 11
Total......................... : ~.116 20.239 9.384 24.1482 21.398
1/ Includes exports from Puerto Rico
Source: Bureau of the Census

Table 11.--Molasses, inedible: U. S. exports by customs districts, 1963-67
Customs districts 1967 : 1966 : 1965 19614 1963
--1,000 gallons--
Buffalo.. . ........ .... : 8
Dako~ta. g g o g St : 65--
Florida........... ......: 694 1,472 -
Laredo ....... ..... ...... ... : 1 1
Massachusetts...................: 16 74 125
Miami... : 4s84j -
Michigan ................... .: 135 57 92 95 99
Montana and Idaho...............: 7
New Orleans..................... 1 183
New York. .......................: 12 146 185 221 169
Oregon. .... . .... .....: 6
Philadelphia ..................... -9
Portland, Maine ................: 39 -
Puerto Rico...................... 14,120 18,653 6,848 20,144 15,923
St. Lawrence.... ...........,.....: 34 19
San Diego....................: 386 25 405$ 38 .3,140
San Francisco...................: 15 326 188
Washington.................... ..: 423 839 1,011 1,466 1,729
Other. ............... .. ... ...... .
Total.......... ................: 15,116 20,239 9,384 224,482 21,398
Source: Bureau of the Census
22 -





Table


12.- -Molasses:


Estimated


utilization,


United States,


1956-67


: Industrial :Mixed feeds,:
Year :Distilled: Yeast, : Pharmaceuti- : :direct feed-: Total
: spirits :citric acid: calls and edi-: Total : ing and : utili-
: 1' :and vinegar: ble molasses : : silage 2/ : nation
--Million gallons--


S1956
1957
1958
1959
1960


......:*
*
......:ft
*.....e.:
*
. ..a.a:a
......:


70.0 o
70.0
70.0


35.3
69.0


15.0
15.0
37.0


121.3
180.0


394.
332.
430.
432.
541.


1961.
1962.
,1963.
1964.
1965.


a



.. ...a.:
a
a. S. ***


1966....
1967 /.


5.7
5.0
6.2
15.1


9.3
29.5


70.4
79.8
85.0


100.0


100.0
100.0


126.0


40.0


50.0

50.0
51.5


130.0
143.2
165.1

159.3
181.0


501oi.6
519.4


700.4


/ Includes
199. 2/


molasses
Molasses


used in making


utilized


in feed


ethyl
s is


alcohol,
a residual


butyl and
item. ca


acetone
lculated


prior
by


subtracting molasses


considering


prior to


196


changes
o. /


used


industrially


i in stocks.
Estimated.


from


total


Pharmaceutical


mainland su
utilization


applies


without


not considered





UNITED STATES


DEPARTMENT OF


AGRICULTURE


Consumer


and Marketing Service


Postage


and Fees


of Agriculture


Grain Division


U. S


Department


Federal C
Hyattsville,


center


Building


Maryland


20782


Official Business


1111112211 0111 0973
3 1262 08591 0973


* U.S. GOVWflM T PRINTING OFFICE: 1968 301-77 (C&iE-166)


Paid