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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/AA00013239/00008
 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 )
 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: AA00013239:00008

Full Text
UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEWS' SERVICE'
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
(DECEM~ER 1930)


No. 136 WASHINGTON, D. C. DECEMBER 26, 1930

INFORMATION IN THIS REPORT REGARDING PRICES, STOCKS AND PRODUCTION IS FURNISHED
BY EVAPORATED AND CONDENSED MILK FIRMS OPERATING 99%yOF THE TOTAL CASE GOODS FACTOR-
IES IN THE UNITED STATES.


PRICES PAID PRODUCERS F F


0 B FACTORY FOR DEQp4 0


NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS
REPORTING RANGE AVERAGE
NEW ENGLAND -$ -$
MIDDLE ATLANTIC** 2 1.97-2.60 2.29
SOUTH ATLANTIC 2 1.54-1.65 1.60
EAST NORTH CENTRAL 62 1.05-2.40 I;54
WEST NORTH CENTRAL 7 1.40-1.65 .5
SOUTH CENTRAL 8 1.44-1.57 1.53
NORTH WESTERN 2 1.40-1.56 1.48
SOUTH WESTERN 4 1.45-1.85 1.59
UNITED STATES 87 1.0-2.60 1.56
** 62ADDITIONAL FACTORIES REPORTED-PRICES TO BE BASED IN PART ON THE CURRENT MONTH'S
WHOLESALE BUTTER QUOTATIONS,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..


36 FACTORIES WHICH DID NOT ANNOUNCE PRICES IN
PRICES ACTUALLY PAID FOR NOVEMBER AS FOLLOWS:


ADVANCE REPORTED


MIDDLE ATLANTIC 2 $2.59-2.62 $2.61
EAST NORTH CENTRAL 23 1.50-2.46 1.67
SOUTH CENTRAL I 1.68 1.68
NORTH WESTERN 3 1.44-1.50 1.48
SOUTH WESTERN 7 1.52-1.84 1.56

NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B...DISTRIBUTING POINTS NOVEMBER 1930
(CASE GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE SASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERS' DISTRIBUTING POINTS ON BASIS OFCASH
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 $3.30-3.88 $3.72 $6.10-6.40 $6.24
NEW YORK CITY 3.25-4.05 3.75 6.00-6.70 6.25
PHILADELPHIA 3.25-3.85 3.67_ _6.22Q-6.70 6.27
CHICAGO 3.25-3.70 3.54 6.35 6.35
CLEVELAND 3.25-3.70 3.54 6.22 6.22
ST. Louis 3.25-3.73 3.57 -
KANSAS CITY 3.35-3.73 3.5 -
MINNEAPOLIS-ST.PAUL 3.35-3.84 3.59 -
ATLANTA 3.75-4.00 3.86 -
NEW ORLEANS: 3.60-4.00 3.80 6.45-6.70 6.55
DENVER 3.60-4.00 3.74
SEATTLE 3.45-4.20 3.75
SAN FRANCISCO 3.40-4.20 3.65
Los ANGELES 3.40-4.20 3.65, -

AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS NOVEMBER 1930
UNSWEETENED EVAPORATED SWEETENED CONDENSED SWEETENED CONDENSED
GEOGRAPHIC (PER CASE OF (PER CASE OF (BULK PER CWT.)
SECTIONS 48 IS oz. CANS) 48 14 oz. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $ 3.64 $ 6.24 $ 8.65 $ 4.74
MIDDLE ATLANTIC 3.62 6.34 9.22 4.79
SOUTH CENTRAL 3.69 6.44 9.23 5.43
E. N. CENTRAL 3.49 6.20 8.79 4.75
W. N. CENTRAL 3.53 8.68 5.35
SOUTH CENTRAL 3.73 6.54 9.48 5.53
NORTH WESTERN 3.71 9.48 5.53
SOUTH WESTERN 3.67 9.15 5,70
U. S. AVERAGE
Nov., 1930 $ 3.62 $ 6.34 $ 8.99 $ 5.11
U. S. AVERAGE
OCT., 1930 $ 3.62 $ 6.13 $ 8.75 $ 5.01.
U. S. AVERAGE
Nov., 1929 $ 3.88 $ 6.14 $10.12 $ 5.56


EVAPORATFO nI .K MA9VFT~ FACY Anfl I N


RI IYP~r~ FA\ICIR flFNANNf ~FI OW NORMAL4


WHILE THE TONE OF DECEMBER EVAPORAT- NEW 14. OZ. CANS COME INTO BEING IN
ED MILK MARKETS WAS EASY AND THE UNDER- FEBRUARY. SUPPLIES WERE FULLY AMPLE FOR
TONE UNSETTLED, QUOTATIONS WEPE GENERALLY A RATHER INDIFFERENT DEMAND.
MAINTAINED AT THE NOVEMBER LEVEL, HOWEVER,
A CONTINUED PRESSURE TO SELL WAS REFLECT- OVER 20 PER CENT MORE EVAPORATED
ED IN FURTHER PRICE CONCESSIONS, ACCORD- MILK WAS MANUFACTURED DURING NOVEMBER
ING TO REPORTS RELEASED BY THE U. S. THIS YEAR THAN LAST YEAR DESPITE EFFORTS
BUREAU OF AGRICULTURAL ECONOMICS. MANU- OF MANUFACTURERS TO CURTAIL THEIR MAKE,
FACTURERS ENDEAVORED TO LIMIT PRODUCTION ACCORDING TO A SAME FIRM COMPARISON MADE
BY DIVERTING CONSIDERABLE QUANTITIES OF BY THE BUREAU. A SIMILAR COMPARISON ALSO
MILK INTO SUTTER AND CHEESE, THUS-NOT SHOWS THAT NOVEMBER PRODUCTION.ONLY FELL
ONLY AVOIDING HEAVY INCREASES IN STOCKS, AB'UT I PER CENT SHORT OF THAT OF OCTOBE
BUT ALSO THE SEVERE PRICE REDUCT-IONS THAT A SEASONAL DECREASE CONSIDERABLY LIGHTER
OCCURRED ON SOLE OF THE MORE IMPORTANT THAN NORMAL. THESE FACTORS, TOGETHER WIT
DAIRY PRODUCTS DURING DECEMBER. DEALERS' THE HEAVI ER MAKE 'OF' BUTTER, ARE INDICA-
CONTINUED TO EXERT ADDITIONAL SELLING TIVE OF A HEAVIER MILK FLOW DURING NOVEM-
FORCE IN FURTHER EFFORTS TO CLEAR THEIR BER THIS;YEAR THAN'-LAST YEAR. UP TO THAT
FLOORS OF 1.o OZ. CANS BY. THE TIME THE MONTH, AND WITH 'THE EXCEPTION OF JANUARY
(CONTINUED ON NEXT PAGE')
DECEaBER .1930






PAGE 2


STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK


TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING, WHETHER THEIR
OWN OR STOCKS OF OTHERS; WHETHER ON THEIR OWN PREMISES, IN STORAGE, OR TRANSIT
(UNSOLD) FOR WAREHOUSE CONSIGNMENT; AND WHETHER SOLD OR CONTRACTED FOR AND NOT
DELIVERED.
UNSOLD.STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS WHICH WERE NOT SOLD OR
UNDER CONTRACT FOR DELIVERY ON UNFILLED ORDERS.
PRODUCTION FIGURES FOR THE CURRENT MONTH INCLUDE REPORTS FROM FIRMS OPERATING
APPROXIMATELY 99% 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 DEC. I, 1930 211,828,122 Los. 20,656,662 Los. 20,885,082 LBS.
No. OF FIRMS REPORTING* 35 9 31
COMPARISON FOR SAME FIRMS:
DECEMBER I, 1930 211,828,122 Los. 20,656,662 LBS. 20,885,082 L.o
NOVEMBER I, 1930 224,408,342 24,649,720 21,957,762 "
CHANGE DURING MONTH 5.61% -16.20 % 4.89%
IRMS IN COMPARISON 35 9 31
DECEMBER I, 1930 210,847,041 Lss. 20,656,662 Los. 20,885,082 Los,
IECEMBER I, 1929 231,939,843 27,125 985 24,144,721 I
CHANGE FROM PREV. YEAR 9.10- -23.851 -13.51
IRMS IN COMPARISON* 31 '3 3
UNSOLD STOCKS
TOTAL UNSOLD STOCKS DEC./I, 1930 174,147,578 Las. 16,677,858 Lss. 7,841,940 Los,
NO. OF FIRMS REPORTING* 24 7 21
COMPARISON FOR SAME FIRMS:
DECEMBER I, 1930 174,147,578 Los. 16,677 858 Los. 7,841,940 Los.
NOVEMBER I, 1930 187,261,758 I 20427 063 .l 7,935,442
CHANGE DURING MONTH 7.01% -.36% 1.18%
FIRMS IN COMPARISON -24 7 21
DECEMBER I, .1930 173,310,497 Los. 16,677,858 Lps. 7,841,940 LBS.
ECEMBER I, 1929 185,436,634 "5 21 ,732 091 6,486 061 "
CHANGE FROM PREV. YEAR 6.54% .-2 .26 0.90
IRMS IN COMPARISON* 2| 7 21
PRODUCT I ON'
COMPARISON FOR SAME FIRMS:
NOVEMBER, 1930 90,858,461 Los. 8,060,197 Los. 10,476,511 Les.
OCTOBER, 1930 102,067,037 9,324,508 II 12,075,600 "
CHANGE DURING MONTH -10.98% -13.56% -13.25%
IRMS IN COMPARISON* 33 8 .30
NOVEMBER, 1930 89,981,368 Las. 8,060,197 Los. 10,434,241 LoS.
OVEMBER, 1929 74,842,688 I 9,457,962 8,470 454 "
CHANGE FROM PREV. YEAR +20.23% -14.78 % +23.18%
IRMS IN COf4PARISON* 2 8 30

FINAL REVISIONS FOR LAST MONTH:
**TOTAL STOCKS ON Nov.I,1930 224,485, 5 LoB. .24,649,720 Los.' 21,965;316 Los.
**UNSOLD STOCKS ON Nov.1,1930 187,261,78 20,427,063 7,935,442 I
PROouc TOrN oC- t 30 (ALL
FIRMS' REPORTING) 102,344, 130 9,324,508 12,118,870 "
FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** No CHANGE FROM ORIGINAL FIGURES


EXPORTS AND IMPORTS
EVAPORATED


TOTAL EXPORT



TOTAL IMPORT


TS NOVEMBER,
NOVEMBER,.,
JAN. NOV.INC,.
.JAN. NOV.INC,
.S NOVEMBER,
NOVEMBER,
JAN. NOV.INC,
JAN. NOV.INC,


1930
1929
1930
1929
1930
1929
1930
1929


5
6
6,


4,385,707 Los.
4,766,989 "
6,765,272 "
3,603,465 "
148' '
134,940. "
210,444 "
1,918,617 "


CONDENSED
1,973,308 LBS.
2,771,232 '"
27,514,916 "
38,1V2,767 ,
127,000 "
12,648 "
1,375,720 "
606,325 "


(EXPORTS AND IMPORTS COMPILED FROM OFFICIAL RECORDS OF DEPARTMENT OF COMMERCE)
CORRECTION: .EXPORTS OFCONDENSED MILK IN OCTOBER WERE AS FOLLOWS: OCT. 1930
1,71.8,347 Lss.; OCT. 1929 4-,018',562 Los. INSTEAD OF 466,891 LDs. AND 677,892
Las. SHOWN ON LAST MONTH'S REPORT.


(CONTINUED
AND MAY WHEN PRODUCTION JUST SLIGHTLY EX-
CEEDED THAT DURING CORRESPONDING MONTHS
OF THE PREVIOUS YEAR, MILK PRODUCTION DUR-
ING 1930, AS REFLECTED IN DAIRY PRODUCTS
MANUFACTURED, HAD CONTINUALLY FALLEN
SHORT OF THAT OF COMPARATIVE MONTHS OF
1929. EVAPORATED MILK PRODUCTION DURING
THE PERIOD JANUARY TO NOVEMBER, 1930 WAS
APPROXIMATELY 4.8 PER CENT LIGHTER THAN
DURING THE CORRESPONDING PERIOD OF 1929.

DESPITE INCREASING PRODUCTION, STOCK
OF EVAPORATED MILK ON DECEMBER I, WERE
9.1 PER CENT LIGHTER THAN O:N EVEN DATE A
YEAR AGO. THE INCREASE IN DEFICIT FROM
8.6 PER CENT ON NOVEMBER I TO 9.1 PER
CENT ON DECEMBER I, WAS PARTLY THE RESULT
OF THE RATHER INACTIVE TRADING DURING
NOVEMBER, 1I29, ALONG WITH AN INCREASE IN
ACTIVITY DURING THE MONTH JUST PAST.
CONDENSED MILK MARKETS DI0 NOT SHOW


DECEMBER 1330


',0 0SEZL8O 9L
11 II IIIIIIIIIIIIIIIIIIIII11111 1 11 0 1
Valyoli, dO AI.ISyAINn
i


FROM FIRST PAGE)
ANY MATERIAL CHANGE FROM NOVEMBER. THE
TONE CONTINUED EASY AND THE UNDERTONE UN-
SETTLED. NO GENERAL PRICE CHANGES WERE
NOTED DURING DECEMBER, BUT THE MARKET
CONTINUED I.N BUYERS'f FAVOR AS WAS INDI-
CATED BY. CONTINUED .SELLING PRESSURE AND
FREQUENT CONCESSIONS. WHILE STOCKS CON-
TINUED LIGHTER THAN,A YEAR AGO, THEY
WERE FULLY AMPLE TO MEET A RATHER QUIET
DEMAND. EFFORTS OF MANUFACTURERS TO CUR-
TAIL PRODUCTION, HAVE RESULTED IN A CON-
TINUED LIGHTER MAKE THAN A YEAR AGO.
STOCKS OF CONDENSED MILK ON DECEMBER
I', WERE SLIGHTLY OVER 13 PER CENT LIGHTEr
THAN ON THE SAME DATE A YEAR AGO. PRO'DUC-
TION SHOWED AN INCREASE OF OVER 13 PER
CENT DURING NOVEMBER., 1930 IN COMPARISON
WITH NOVEMBER 1929, AND ONLY F-ELL AROUND
13 PER CENT SHORT OF OCTOBER. THE USUAL
DROP IN NOVEMBER'PRODUiTION COMPARED WI T
THE PREVIOUS MONTH IS n PER CENT. IHE
DECREASE IN THE STOCKS SHORTAGE, IN COM-
PARISON WITH A YEAR AGO, FROM PER CENI
ON NOVEMBER I ST TO l3 PER CENT ON DECEMBER
PARTIALLY REFLECTS THE HEAVIER NOVEMBI
PRODUCTI ON. UNIV. O FL


U.S. DEPOCNTOWR