Molasses market news annual summary ...

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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:
1971
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:
AA00008483:00008

Related Items

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

Full Text

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I CONTENTS


Blackstrap mol
tank truck,
New Orleans,


Mobile,


Norfolk,
Albany,


asset pi~ies byton4hs, f
197o0- t
Houstont" Cor d Christi,


South Florida,


Baltimore,
Buffalo,


Savannah,


Philadelphia, New
Toledo, Cincinnati,


.o.b.


tank car or


El Paso,


Wilmington


York,


Phoenix,
. ... .. .... ... .. ... 4


Boston,


Minneapolis


Chicago,
Denver,


St. Louis, Kansas
California Ports


City, Om
Pacific


iaha,


Memphis,


Northwe st


Ports


Beet,
tank


citrus,


and hydrol molasses prices


car or tank truck,


by months,


1970-71:


Colorado, Wyoming,
Points, Chicago, E


Montana,


L;flsas


City


Oregon,
S.....


Utah,
.. ..


Idaho,


Florida


Molasses price


Price


trends


comparisons


at New Orleans,


between molasses


1966-71


and No.


(chart


yellow


corn at


Baltimore,


Chicago and Kansas


City,


1967-71


Hawaiian and


Puerto


Rican


production,


shipments


to the


mainland,


molasses s


and exports


imports


to other countries,


country of


1967-71


origin and


S.......* *. a 9


customs


districts,


1971


.. ...... .. ... a a a .. .. .. .10-13


molasses


exports


country of


destination and


customs


districts,


1971


molasses utilization,


* ..a....... a *. a a.. o S aE S *S.* S S
.... .... ............ ...........


1967-71


S. molasses production,
1964-71 ................


in-shipments


, imports


and exports,


Grain Division


A r-4 nnln +invQl IManrak+4Pn n


Arvn4if


1tQ'7.


Y I~
I


Page


f.o.b.


~,n" na







MOLASSES MARKET NEWS

HIGHLIGHTS 0


- ANNUAL SUMMARY

F 1971


Feeding


leveled


late


during


downturns pr


usage of molasses


cane


molasses prices


the April-August


ices
was


for the
slightly


advanced


period,


year


the


averaged


below a


the first months
n began a gradual


about


above


of the


year,


decline.


a year ago


Despite
Total


year


PRICES


Cane Mblasses


Prices


Cane molasses


were


influenced heavily


during the


fall


period


weaker feed grain pri


closed
supplies
cities.


out the


year


a


ces.
.bout


countered


Interior markets


The prices at


1 per


New Orleans,


gallon above


interior weakness


also


ended


a year


pres


sures


the principal market,


as tightly
other feel


the year with higher prices


held
commod-


but in mos


instances reflecting


higher


freight rates


imposed


during the


year.


Beet Molasses


Prices of
Wyoming-Montana
local feeding a
with an even ba


beet molasse
area where


areas.
lance


turned


upward


supplies were


In other principal
between supplies and


about


tightly


held and


production areas
demand.


on in the Colorado-
used primarily in


prices


held st


eady


Citrus Molasses


Decreased


supplies


of adding the molasses


Prices


averaged


in the Florida pro
to citrus pulp kept


$19.00 per ton for the


duction area and
liquid supplies


year,


about


continuation


in short


0 above


a yea


position.
r ago.


Comparative


Values


The price relationship


between


corn


and molasses


for the


first


time


three


years,


favored


corn at


principal Mid-Western markets.


Based


on the


average


for the


year,


difference


fairly narrow,


but the monthly


comparisons
at Chicago


show a wider value


in the month


spread


of December.


late


in the


year


The favorable


--14


in favor of


corn


corn value reflects


lower priced


corn


due to


years


bumper


crop.


SUPPLY


AND DISTRIBUTION


Production of mainland


blackstrap


in 1971


was


estimated


to be about


1 1/2 million greater


than


1970.


In-shipments


from Hawaii


and Puerto


decreased


about


8 1/2 million gallons.


Assuming


an extraction rate of


gallons per ton of beets,


down about


million gallons


the production of beet


from the record


molasses


in 1971


.7 gallons produce


would be
d in 1970


harvest


season.


Molasses


imports


from foreign


countries


totaled near


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S -i







Table


--Price comparisons between
Baltimore, Chicago and


molasses an
Kansas City,


1967-71


yellow


corn


: Baltimore : Chicago Kansas City
Year Corn :Molasses:Differ-: Corn :Molasses:Differ-: Corn :Mblasses: Differ-
: bu. : 6gal.: ence : bu. : 6 gal.: ence : bu. : 6 gal.: ence
: --Cents--
1967 ..: 133.0 117.5 +15.5 129.5 145.0 -15.5 129.6 146.3 -16.7
1968 ..: 114.0 100.1 +13.9 113.8 124.7 -10.9 119.6 125.8 6.2
1969 ..: 130.0 92.3 +37.7 123.5 120.3 + 3.2 125.2 119.0 + 6.2
1970 ..: 143.5 102.1 +41.4 137.3 132.0 + 5.3 136.0 134.6 + 1.4
1971 ..: 143.8 106.9 +36.9 138.6 138.8 0.2 138.8 145.0 6.2


A "rule


in carbohydrate


bohydrate
ducted to
of molasses


of thumb"
e value t


value of
evaluate
*s require


m(


measure--


o one


classes


bushe


6-1/2
1 of


corn.


gallons


of molasses


corn--is widely used


This mea


the energy produced from one
d to produce the same amount


sure


is based


bushel


are about


equivalent


compare


on exper


of corn and


iments


car-
con-


the amount


energy.


Table


--Molasses:


Hawaiian
inland, an


Puerto


exports


Rican


production,


to other countries,


shipments
1967-71


to the


Hawaii


Puerto


Rico


Year


Production


Shipments
to U. S.
mainland


Production


: Shipments
: to U. S.


mainland


Exports
to other
countries


--1,000


gallons--


1967
1968
1969
1970
1971


* ........:
SI I *


61,419
62,936
58,198
55,143
56,469


,157
,430
,937
.111


52,100
43,955
41,600
45,412
30,930


5,618
6,201
4,614
3,193
1,452


14,120
9,134
5,893
8,794
2,419


Statistical Reporting


Service,


Department


of Agriculture.


Hawaiian Sugar
Association of


Bureau


Planters Association.


Sugar


Producers


of the Census,


of Puerto Rico.


Department


of Commerce.


Estimated.







Table 5.--Molasses, inedible: U.


imports by country of origin


and customs districts, 1971


* o Connect-* *
* Arizona Cu El Paso* Florida Galvestarn' Georgia
_: : L u~t : _:


--1,000 gallons--

-


Australia
Barbados .


Brazil


2,170


British Honduras
Canada .........


Canal Zone........
Colombia .........
Costa Rica .......
Dominican Republic
Ecuador...........


El Salvador ............
France .................
Guatemala ..............


8,095


Guyana .........
Haiti ..........


1,507


Honduras


- 581


Jamaica ...............
Kenya ...............
Mauritania ............
Mauritius .............


Mexico .......


6,149


11,547


Mozambique ............
Netherlands ...........
Nicaragua .............


1,123


Other


Pacific


Island ...:


Pakistan
Panama .


1,657


Philippines ....
Republic of South Africa:

Sudan ..................:
Trinidad and Tobago ....:
Venezuela ..............:


1,666


3,802


Total 1971 /......
Total 1970 ...........:


6,149
3,498


9,761
11,280


11,547
15,335


1,123
3,642


6,592
8,045


7,046
7,247


i .. -- -k -. -. .


Peru







Table


--Molasses,


inedible:


customs


imports


districts,


1971


country


origin


Houston Laredo : Ls : Maine : Maryland : assachus-: Mbile
:; Angeles : & N.H. : : setts :
--1,000 gallons--


1,741


3,656


4,197
2,086


1,413


2,123


3,422
2,700


2,887


1,385


1,636


,739


6,704


4,698


2,486
4,913


,099


,029


9,740


17,399


2,690


14,864


4,549


1,927


1,919


4,748


1,110
734


,409
,409


2,217


7,571


1,038


,308
-S


2,966


72,757
57,973


3,492
1,286


27,661
17,718


31,463
20,132


2,887
3,305


23,283
13,028


2,353


,589


,806







Table 5.--Molasses, inedible: U. S. imports by country of origin
and customs districts, 1971 (continued)


: New : New : North : Phila- : Port- : Puerto
: Orleans : York :Garolina; delphia; land : Rico
: --1,000 gallons--


Australia
Barbados


S286


2,520
1,535


Brazil


: 22,025


2,583


6,096


British Honduras
Canada .........


Canal Zone
Colombia .


S


1,197


1,245


Costa Rica .......
Dominican Republic
Ecuador ........


6,123
2,334


2,021
1,706


4,341


1,004


2,552


El Salvador
France ....


Guatemala


. .. .


1,755


Guyana
Haiti


Honduras


2,800


1,203
3,437


Jamaica ....
Kenya .....
Mauritania .
Mauritius ..


3,091
3,422
2,525


4,670
3,171


3,368


Mexico


Mozambique


: 43,033


1,584


Netherlands ..


Nicaragua ...........
Other Pacific Islands

Pakistan ..........


Panama ....
Peru ......


1,442
9,180


Philippines ............:
Republic of South Africa: 1,494


Sudan ..................:
Trinidad and Tobago....:
Venezuela -


6,683


2,136


Total 1971 ...........:114,505
Total 1970 ...........:130,007


44,799
50,739


4,341
3,635


5,723
7,076


9,291
7,091


1,752


7,923


I
(rl))l
1I(I)(1II1II


r
III)11)III(







I
1
C


-- Molasses,


inedible:


customs


imports


districts,


1971


country of
(continued)


origin


Sain : San : San : Vermont :irginia : Washing-: Total : Total
Sbine; Diego ;Francisco: ; : ton ; 1971 1970


--1,000


gallons--


1,907


1,607


1,639
17,071
4,588


3,85
1,32


28,010
8,862
32,633
5,365


8,090


9,761


,325
,674


1.519


5,258
1,579
8,459
2,710
4,834


6,139
14,015
6,801
5,839
4,167


11,506
5,624
19,472


1,215
18,376
7,422
3,727


2.107


1,490


1,154


105,878
2,707
1,919
9,100
4,143


10,140
2,395
19,646
8,339
10,534


4,832


5,154
3,447

9,898


11,675
10,665
11,341


2,589
10,179
5,772


13,875
2,838


1,423
3,647


4,353
4,804


4,832
4,840


4,014
3,612


1,607
1,585


,764


381,859


- -a -


Table


__








Table 6.--Molasses, inedible: U. S. exports by country of
destination and customs districts, 1971


SDe- Great: New New North Puerto San
: :Du:luth:Fl:rida: i:sr:. r :Seattle: Total: Total
troit FallsQrkleans York: Dakote Rxco *Diego : 1971 :Q197
S- 1971- 1970
: --1,000 gallons--

Canada ........: 116 21 356 454 947 1,277
Costa Rica ....: 4 4

Ghana .........: 6 6
India .........: a 92

Israel ........: 741 741 5
Mexico ..,.. : 14 14 64

Netherlands....:
Antilles ....: 2,254

Netherlands ...: 2,419 2,419 6,540
United Kingdom.: 6 a 6 9

Total 1971 ..: 116 21 4 356 747 6 454 2,419 14 4,137
Total 1970 ..: 361 64 106 712 8,794 64 140 10,241

Bureau of the Census





















Table 7.--Molasses: Estimated utilization, United States, 1967-71



Industrial :Mixed feeds,:
: Distilled Yeast, : Pharmaceuti- :direct feed-: Apparent
Year : spirits : citric acid : calls and edi- : Total : ing and : utilization
: : ble molasses : silage I/
--Million gallons--

1967 ........: 28.7 100.0 51.5 180.2 503.3 683.5
1968 ........: 17.8 100.0 52.5 170.3 567.9 738.2

1969 ........: 6.2 100.0 53.5 159.7 559.5 719.2
1970 ........: 7.6 100.0 54.0 161.6 604.1 765.7

1971 2/.....: 7.7 94.0 54.2 155.9 604.7 760.6







Tabl e


--Feed


inshipment


industrial
s, imports,


molasses


exports,


S. production,
1964-71


Production


Cane


Year


Mainland
mills


Refiners


black-
strap


Hawaii


Inshioments


* Puerto


Rico


Total


cane


--1,000


gallons--


1964


average.:


1969
1970
1971


4**e**
..*...
/..:*


91,0


74,139
86,037


42,801

42,700
46,600
45,000


7,320


48,430
56,937
50,111


12,009


4,778
3,193
1,452


203,188

170,047
192,767
184,063


Production


:Estimat


. :Estimated


Year


. Beet


Citrus


Hydrol


--1,000


: domestic
: supplies

gallons--


imports

V_


:Mainland:available


exports


supplies


1964-68


average.:


119,791


9.835


7,065


313,447


668,005


1969
1970
1971


'7,


155,700
158,700
146,300


13,732
11,808
10,215


21,000
22,000
22,000


360,479
385,275
362,578


361,663
381,859
399,764


2,992
1,447
1,718


719,150
765,687
760,624


Statistical Reporting


Service,


U.S.


Department


of Agriculture


Agricultural Stabilization and


Conservation Service,


U.S.


Department of


Agriculture


Shipments
Shipments


to U.S.
to U.S.


mainland only.
mainland only.


Hawaiian Sugars


Bureau


Planters Association.


of Census.


Year


beets harvested.


Agricultural Stabilization and


Conservation


Service.


Florida Citrus
Estimated.


Processors Association.


Bureau of the Census,


Department of


Commerce.





UNIVERSITY OF FLORIDA
11I111 IIIII II I 11 I) III) MI 11M l l
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UNITED STATES DEPARTMENT OF


AGRI CULTURE


Agricultural Marketing Service
Grain Division


4900


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Houston,


Texas


Room 203
77004


POSTAGE AND FEES PAID
US. DEPARTMENT OF
AGRICULTURE


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