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UF UFIR



Monthly evaporated and condensed milk market report
ALL VOLUMES CITATION THUMBNAILS PAGE IMAGE ZOOMABLE
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/AA00013239/00006
 Material Information
Title: Monthly evaporated and condensed milk market report
Physical Description: A 92.10/4:nos
Language: English
Publisher: U.S. Department of Agriculture, Market News Service
Place of Publication: Washington, D.C.
 Subjects
Genre: serial   ( sobekcm )
Spatial Coverage:
 Notes
General Note: Description based on: no.129 (May 1930); title from caption. Latest issue consulted: no.224 (May 1938) "Prices paid producers for 3.8% milk F.O.B. factory".
 Record Information
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution.
Resource Identifier: aleph - 26379885
oclc - 606885223
System ID: AA00013239:00006

Full Text

44z.o 2


(OCTOBER 1930)

No. 134 : WASHINGTON, DC. OCTOBER 25, .1930
INFORMATION IN THIS REPORT REGARDING PRICES, STOCKS AND PRODUC-TION IS FURNISHED
BY EVAPORATED AND CONDENSED MILK FIRMS OPERATING 98% OF THE TOTAL CASE GOODS FACTOR-
IES IN THE UNITED ST.ATES.

PRICES PAID PRODUCERS FOR 3.5% MILK F. 0. 8. FACTORY FOR OCTOBER 1930
GEOGRAPHIC SECTIONS NUMBER OF FACTOR ES .PRICE PER CWT.
N REPORTING RANGE AVERAGE
NEW ENGLAND $
MIDDLE ATLANTIC** '2 '1.92-2.25 2.09
SOUTH ATLANTIC 2 1.70-1.90 1.80
E.'NORTH CENTRAL 61 1.40-2.40 1.76
W. NORTH CENTRAL 7 1.65-1.80 .70
SOUTH CENTRAL 8 1... 57-1.75 1-69
NORTH WESTERN 2 .1.55-1.67 1.61
SOUTH WESTERN 4 1.50-1.80 1.63
UNITED STATES'' 86 1..40-2.40 1.75
**62 ADDITIONAL FACTORIES REPORTED PRICES TO BE BASED IN PART ON THE CURRENT MONTIH.S
WHOLESALE BUTTER QUOTA-TION, 24"OF THESE BEING LOCATED IN.N. Y. AND PA. 19 FACTORIES
REPORTED PRICES NOT DETERMINED AS YET AND 27'REPORTED PLANTS CLOSED. NO PRICE INFOR-'
MATION RECEIVED FROM REMAINING FIRMS. AVERAGE PRICES SHOWN FOR THE UNITED STATES DO
NOT INCLUDE ANY OF.THESE FACTORIES. .
50 FACTORIES WHICH DID NOT ANNOUNCE PRICES IN ADVANCE REPORTED,
PRICES ACTUALLY PAID FOR SEPTBEBER AS FOLLOWS:
MIDDLE ATLANTIC 6 $ 1.76-2.63 $2.05
E. NORTH CENTRAL. "23 1.63-1..82 '1.68
W. NORTH CENTRAL I 1.65 1.65
SOUTH CENTRAL 1.70 1.70
NORTH WESTERN 9 .53-1'.84 1.59
SOUTH WESTERN 10 1.60-1. 87 1.76 .

NET WHOLESALE SELLI.NG'PRIC'ES IN CAR LOTS- F.O.B. DISTRIBUTING POINTS SEPTEMBER 1930
(CASE GOODS)'
T:-E WH-OLESALE PRICES GIVEN BELOW ARE BASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERS' DISTRIBUTING POINTS ON BASIS OFCA9'
OR SHORT TIME CREDIT.
EVAPORATED MILK CONDENSED MILK
F. 0. B. (PER CASE OF 48 16 oz. CANS) (PER CASE OF 48 14 OZ. CANS
RANGE AVERAGE RANGE AVERAGE
BOSTON $ 3'.50-3.88 $ 3.73 $ 5.20-6.40 $ 5.99
NEW YORK CITY 3.50-4.05 .3.69 5.20-6.70 6.06
PHILADELPHIA 3.50-3.85 3.71 6.20-6.70 6.27
CHICAGO 3.30-3,70 : 3.57 6.35 6.35
CLEVELAND .3.40-3.72 3.59 .6.22 6.22
ST. LouIs 3.40-3.73 '3.63 -
KANSAS CITY '3.35-3.73- 3.58
MINNEAPOLIS-ST.PAUL 3.40-3.84 3.59
ATLANTA 3.77-4.00 3,87-
NEW ORLEANS 3.60-4.00 3.73 6.45-6.70 6;.55
DENVER 3.60-4.00 '3.72 -
SEATTLE 3.50-4.20 .3.71 -
SAN FRANCISCO, 3.40-4.20 '3..63
Los ANGELES 3.30-4.20 3.59 .

AVERAGE '.HOLESA.LE SELLING PRICES BY GEOGRAPHIC SECTIONS SEPTE'1BER 1930
UNSWEETENED EVAPORATED SWEETENED CONDENSED, SWEETENED CONDENSED
GEOGRAPI (PER CASE OF (PER CASE OF (BULK PER CWT.)
SECTIONS 49 16 OZ. CANS) 48 14 OZ. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $ 3.64 $ 5.89 '$. 8.68 .$ 4.72
MIDDLE ATLANTIC 3.63 5.99 9.24' 4.71
SOUTH CENTRAL 3.64 :6.44 "9.17' .5.14'.
E. N. CENTRAL 3.51 6.20 8.72 4.68
W. N. 'CENTRAL 3.56 8.88 .5..22
SOUTH CENTRAL 3.71 6.54 9.07 10'
NORTH WESTERN 3.70 9.07 5.39'
'SOUTH 'WESTERN '' 3.65 9.43 5.20
U. S. AVERAGE
SEPT., 1930 '' '$ 3.62 $ 6.14 .$ 8.99 $4.95
U. S. AVERAGE
AUG., 1930 $ 3.62 6.14 $ 9.04 $ 5.00
U. S. AVERAGE
SEPT., 1929 $ 3.90 $6.14 $ 10.15 $ 5.59

EVAPORATED MILK MARKETS CONTINUE FULL STEADY -'STOCKS-LIGHT


EVAPORATED MILK MARKETS SHOWED
PRACTICALLY NO CHANGE, DURING OCTOBER,
FROM SEPTEMBER, AND THE TONE CONTINUED
FULL STEADY AT GENERALLY UNCHANGED PRICES.
PRODUCTION WAS UNOFFICIALLY REPORTED AS
GAINING IN SOME SECTIONS, MOSTLY DUE TO
THE DIVERSION OF M'ILR 'FROM OTHER DAIRY
PRODUCTS TO EVAPORATED MILK, BUT WHATEVER
GAINS MAY HAVE OCCURRED IN PRODUCTION,,
WERE OFFSET BY AN INCREASED DEMAND SOME O.F
WHICH WAS THE RESULT OF NEW EXPORT OUT-
LETS. AS A RESULT OF THE CONTINUED MOD-
ERATE.PRODUCTION AND THE COMPARATIVELY.
ACTIVE DEMiAND, STOCKS CONTINUED LIGHT AND
INCREASINGLY SHORT OF: LAST YEAR.
THE PRODUCTION TREND IS CLOSELY
APPROACHING THAT OF A YEAR AGO, '-ACCORbl'N


TO A SAME-FIRM-COMPARISON MADE.BY THE
U.S. BUREAU OF: AGRICULTURAL ECONOMICS,
THE MAKE DURING, SEPTEMBER FELL LESS THAN
2 SHORT OF THAT OF SEPTEMBER, 1929,
WHILE THE DEFICIT DURING AUGUST AMOUNTED
TO 10% AND DURING JULY TO 170. THE
.SEASONAL DECREASE FROM AUGUST TO SEPTEM-
BER, THIS,YEAR, AMOUNTED TO SLIGHTLY OVER
I7% IN COMPARISON TO 26% DURING THE SAME
PERIOD 'LAST' YEAR. WHILE SOME SLIGHT'"
GAINS IN. THE SEASONAL PRODUCTION OF SOME
OTHER DAIRY' PRODUCTS HAVE BEEN NOTED'..
SEPTEMBER, DUE MOSTLY TO MORE FAVORABLE
CLIMATIC AND FEED CONDITION-S, IT SEEMS
QUITE PROBABLE THAT THE COMPARATIVELY
HEAVIER 'PRODUCTION OF. EVAPORATED MILK WAS
DUE MORE TO THE DIVERSION OF MILK FROM
BUTTER AND CHEESE AND, IN A FEW INSTANCES,


CONTINUEDD ON NEXT PAGE)
OCTOBER 1930


I UNITED STATES DEPARTMENT OF AGRICULTURE :
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEWS SERVICE
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT





PAGE 2

STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK
TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING, WHETHER THEIR
9WN OR STOCKS OF OTHERS; WHETHER'ON THEIR OWN PREMISES, IN STORAGE, OR IN TRANSIT
'UNSOLD) FOR WAREHOUSE CONSIGNMENT; AND WHETHER SOLD OR CONTRACTED FOR AND NOT
DEL I VERED.
UNSOLD STOCKS INCLUDE 'ALL STOCKS HELD BY MANUFACTURES WHICH W.ER;E NOT SOLD OR
UNDER CONTRACT FOR' DELIVERY ON UNFILLED ORDERS.-
PRODUCTION FIGURES FOR THE CURRENT MONTH INCLUDE' REPORTS FROM; FIRMS OPERATE ING
APPROXIMATELY -%f'OF THE TOTAL FACTORIES IN THE UNITED STATES.
EVAPORATED MILK CONDENSED MILK CONDENSED MILK
(CASE GOODS) (CASE GOODS) (BULK GOODS)

TOTAL STOCKS
TOTAL STOCKS ON OCT, 1, 1.930.. 218,485,607 LBS. 27,314,182 LaB. 23,718,049 Las.
NO. OF FIRMS REPORTING* 35 8 32
COMPARISON FOR SAME FIRMS:
OCTOBER, 1930 218,485,607 Las. 27,314,182 LBS. 23,718,049 LaS.
SEPTEMBER I, 1930 244,968,597 30,875,320 25,764,886 "
CHANGE DURING MONTH 10.8% 11.5% 8,0%
FIRMS IN COMPARISON 35 8 32
OCTOBER I, 1930 2" 17,139,705 LBs. 27,314,182 LaB. 23,712,999 LBS.
OCTOBER I, 1929 249,895,868 29,893,372 30,025,652 "
-1 CHANGE FROM PREV.YEAR % 3. .6 21.0
IRMS IN COMPARISON* ; 30 8 31

UNSOLD STOCKS
TOTAL'UNSOLD STOCKS OCT. 1,19.30 179,046,561 LAs.. 22,950,756 LBS. 8,119,402 Las.
No. OF FIRMS REPORTING* 23 6 22

COMPARISON FOR SAME FIRMS:
OCTOBER I, 1930 179,046,561 Las.. 22,950,756 Las. 8 119,402LBS.
SEPTEMBER 1., 1930 197,188,621 26,463,53 6,954,222 .
t CHANGE DURING MONTH 9.2 13.3 + 16.8%
FIRMS IN COMPARISON 23 6 22
OCTOBER I, 1930 177,799,541 Las;. 22,950,756 LS. '8,114,352LBas,
OCTOBER I, 1929 192,710,937 24,237,233 8,014,166 U
% CHANGE FROM PREV.YEAR 7.7-. 5.3 +. 1.3
FIRMS IN COMPARISON* 19 6 20

PRODUCTION
COMPARISON FOR SAME FrRMS:. .
SEPTEMBER 1930 96,600,129 LBS. 5,894,709 Las, 10,407,489 Les.
.AUGUST, 30 115,727,289 7,158,199 12,117,754 1
CHANGE DURING MONTH 17.0% 7.7% 14.1
FIRMS IN COMPARISON* 34 7 31
SEPTEMBER, 1930 93,649,718 LaB. 5,894,709 LBS. 10,401,989 Las,
SEPTEMBER, 1929 95,489,344- 9,233.579 "1 1,563,646 "
b CHANGE FROM PREV. YEAR ,9- 36.2% 0.0
FIRMS IN COMPARISON* 28 7 30

FINAL REVISIONS FOR LAST MONTH:-
**TOTAL STOCKS ON SEPT. ,'1930 244,968,597 Las. 30,875,320 Las. 25,734,886-Les,
**UNSOLD STOCKS ON SEPT.I, 1930- 197,188,621 26,463,536 6,954,222 "
PRODUCTION AUG. 1930 (ALL
FIRMS WHICH REPORTED) ." 115,727,289 7,168,199 12,117,754 "
FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** No CHANGE FROM ORI GINAL' F FIGURES.

EXPORTS AND IMPORTS


TOTAL EXPORTS SEPTEMBER,
SEPTEMBER,
JAN. .SEP.Tf. :I.NC..,


JAN. -
TOTAL IMPORTS -


-SEPT. INC.,
SEPTEMBER,
SEPTEMBER,


JAN.- SEPT. INC.,
JAN. SEPT. INC.,


1930
1923
1930
1929
1930
1929
1930
1929


EVAPORATED'
3,451,777 LBs.
3,703,002
47,681,260 "
53,657,268 "
240. "
141 ,20. "
S209,438: :"
1,548,958 "


CONDENSED
477,354
329,371
4,734,328
3,657,664
289,249
65,593
1,198,457
454,794


(EXPORTS AND IMPORTrS COMPILED FROM OFFICIAL RECORDS OF DEPARTMENT OF COMMERCE)

(CONTINUED FROM FIRST PAGE)


MARKET MILK AND CREAM, THAN TO.ACTUAL
INCREASES IN MILK FLOW.. DURING THE FIRST
NINE MONTHS OF 1930 THE'PROODUCTION OF
EVAPORATED MILK FELL AROUND 8% SHORT OF
THAT FOR THE SAME PERIOD OF. 1929,

DESPITE THE COMPARATIVELY HEAVIER
SEASONAL PRODUCTION DURING SEPTEMBER,
STOCKS OF EVAPORATED MILK CONTINUED TO
DECREASE DUE TO THE FAVORABLE TRADE OUT-
PUT. WHILE PRODUCTION WAS ONLY 2% LIGHTER
DURING SEPTEMBER THIS YEAR THAN LAST YEAR,
STOCKS WERE ACTUALLY 13 SHORT OF THOSE
OF A YEAR AGO ON OCTOBER I WHILE THE
DEFICIT ON SEPTEMBER I AMOUNTED TO' 0%.
OCTOBER I STOCKS WERE THE LIGHTEST,. COM-
PARED WITH THE PREVIOUS YEAR, SINCE NOVEM-.
BER I, 1923, BUT STILL EXCEEDED THE FIVE-
YEAR AVERAGE' HOLDINGS BY AROUND 27%. TOTAL
STOCKS WERE.REDUCED BY OVER 20,000,000
POUNDS DURING SEPTEMBER, AND A. SAME--FIRM
COMPARISON SHOWED OCTOBER I.. STOCKS NEARLY.
IIf LIGHTER THAN ON SEPTEMBER .


...CQQTOB'ER


CONDENSED MILK MARKETS CONTINUED
IN FULL STEADY POSITION DURING OCTOBER
WITH NO GENERAL PRICE CHANGES NOTED. THE
CONTI NUED LIGHT PRODUCTION IN GOMPAR I.N.
WITH A YEAR AGO, LIGHT STOCKS, AND THE
INCREASED DEMAND ON THE PART OF THE CON--
'FECTIONERY .TRADE WERE SUSTAINING FACTORS,
THE NORMAL 'SEASONAL DEMAND FROM CANYON
'MANUFACTURERS, ALTHOUGH SOMEWHAT LATE
THIS YEAR, WAS MORE I;N EVIDENCE DURING
THE MONTH. 'BECAUSE OF THE INDUSTRIAL
SITUATION, SOME DEALERS LOOK FOR A
LIGHTER OUTPUT TO THE CANDY TRADE DURING
THE CURRENT SEASON, WHILE OTHERS VIEW THE
FUTURE MORE OPTIMISTICALLY. PRODUCTION
OF CONDENSED MILk DURING SEPTEMBER DID
NOT S OW THE FULL SEASONAL DECREASE OF
LAST YEAR AND ONLY FELL AROUND 15; SHORT
OF AUGUST. THE DEFICIT IN COMPARISON
WITH SEPTEMBER, 1929 AMOUNTED TO AROUND
/, A REDUCTION IN THE DEFICIT CF APOUT
THE SHORTAGE IN STOCKS IN COMPAI SON
*WITH A YEAR AGO W'AS INCREASED FROM I b ON
SEPTEMBER T Y O.N uoTO-R I.

193U0 lV. OF FL L.


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