Monthly evaporated and condensed milk market report

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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:
AA00013239:00023


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Full Text

UNITED ST-.TES DEPARTMENT OF AGRICULTURE *" i ---
BUREAU OF A3RICCIL.TURAL. EcO.orilos
MARKET \EiS SER VI E U.S. DEPOSTOrY

'MO'ITHLY EVAPORATED AND C,'^lfDE'.SED MILK MARKET REPORT
(FE':RUARY 1|33)


FEBRUARY 24, 1933


INFORMATION IN THIS REPORT REtAr DIN F--RICES, STOCKS AND PRODUCTION IS FURNISHED
BY EVAPORATED AND CONDCNSED MILK FIRMS OPEC:ATING 93, OF THE TOTAL CASE GOODS FACTOR-
IES IN THE UNITED D -STATES.


PRICES FAID PRODUCERS FOR 3.5% MIL L


F. G. B. FACTORY FCR FEBRUARY 1933


GEOnRA-HIC SECTIONS 'UJMdER OF FACTORIES PRICE fER CWT.
REPO EF- T I NJ _____ RA NG AVERAGE
NEW ENGLAND $ -
'i/CDLL ATLA;;TIC** 7 2 1.00-1.17 I.09
SOUTH ATLANTIC 5 .30-3. 7 0.84
E. NORTH CCI!:TRAL .u- .0' 0.38
W. NORT:- CENTRAL; .7H-0.R5 0.31
SOUTH CENTRAL .81-0.87 0.32
NORTH W'STcERN 4 .7 -0.83 0.77
SOUTH V 'ST-EN 7 _71 -0. D 0.77
U.S. FE2.RRY I 3 31 _____ 7"-1 17 0.34
U.. J u^.-', Ij 33 2 .G87- i. 1 7 O. 95
U.S. FE"RU'-RY I,- 13 34 .8'-1.52 '0.399
**57 ADDITInNAL FACTOR FS REPORTED PRICES TO BE uASED IN PART OirJ TIHE CURRENT MONTH'S
WHOL-SALE U'JTTEP OL')T';TION, I' OF THESE BEING LOCATED IN ''.Y. A 2D ,A. FACTORIESS
REP3OTED PRICES NOT DETERMINED AS Y'T Ar;D ~3 REP,'RTED PLA"'TS CLOSED. NI PRICE INFOR-
MATION RECEIVED FROM RECIAINI N FIRMS. AVC'AGE PRICES :.HOWN FOR THE UNITED STATES DO
NOT INCLUDE ANY OF THESE FACTORIES.
37 FACT-RIES WHICH ID !:.OT AN O'JNCE PRICES IN ADVANCE REPORTED
PRI CES ACTUALLY PAl 0 FOR JA 'UARY AS FOLLOW'S:
VIDDLE ATLANTIC .93-0.98p 0.37
E. NRT:I Ci-NT .AL 24 .87-1.00 0.93
SOUTH "2'TNTTL .U A3
..r E T LAL I s r'N ,..
OhkTH iscTE.fRN 3 .8 4.-0.8o 0.85
SOUTH ;.-E,,N 7 .7 0.53 0.84

NET WHOLESALEE SELLING PRICES IN CARROTS -.0.. CISRITIN' POINTS JANUARY, 1933
A A L: t-... o r

THE WHOLESALE PRICES GIV'N 'ELOW ARE :IE. ED ON THE rPE-ORTS MADE BY MANUFACTURERS
COVERING ACTUAL S'LES DELIVERED AT I;. -- -r'' R. c.: S' I STR I UTI NG POINT ON BASI S OF CASH
OR SHORT TIME CREDIT.
S7OV; O'-'iT'-F Es, I LK
F. 0. 3. (PER. CA- O ;". CA's)' (PEr CA Oc 4-. 14 oz. CANS)
_A GE i -G' ",E :,', E AVFRACE
BOSTON ." -- .C C. 47 '-- -.-95 $4.82
NE-n YORK CITY 2. -?. .4" 4.-4.P5 4.82
PHILA. ELFHIA 2. i ; .47 i.7-4.35 4.82
CHICACO 2.-. 2.48 5.5 5.25
CLEV EI. iD 2.27-c:. 0 6 4.75 4.75
ST. Lnuin P.31-P.. c.51
KANSAS ITY .40- : .'
MINNEAPOLI S-ST.PAUL c.3 -2.; .
ATLANTA L. ;:.5 -
NEVW ORLEANS 2.4 -?. .53 4.83 4.83
DENVER .45-2.?0 i 2.33
SEATTLE 2.17-2.0 2.45 -
SAN rRAJCIso 2.10-2. 2.3 -
Los AN.GELEC 2. 1 -- .L.- 2.3

AVERAGE .:OLESALE SELLI 'S FPICES BY H 3EC 0'E-' 0 JLiUARY 1P33
S 'EOQRP I IU'NEWEC D EVAOIATED Sw:-'T'.r. C j N :. /L"T JEC CCNDEN-SED
SECTIONSS (DE CASE OF PE C'SE OF J. CWT.J
SECTIONS 48 14-. OZ. CANS) 1o. 4 oz. cs) j SKIMMED
NEW ENGLAND $2.45 $4.&7 631 $3.94
MI DOLE ATLAN,:TIC 2.44 4. 7 7.UC 3.94
CSOUTH ATLANTIC 2.44 4.83 .5 4.33
N. C.TRAL 2.44 5.25 .GS 3.06
W. N. CENTRAL 2.46 S. 2 4.03
SOUTH CENTRAL 2.50 3.00 6.75 4.33
NORTH ".'ERTERN 2.43 6.75 4.33
SOuTH ''eSTERN 2.36 .I1 4.25


U. S. AVERAGE
JANUARY 1933
U. S. AVERAGE
DECEMBER kl32


f-I- ,-.------- ------------- -I


S2.44


$2.42


44.93


S6.77


S4.08


$4.10


U. S. AVERAGE I
JANUARY 1532 $2.21 $4.983 $7.I 6 $4.41

EVAPORATED AND 0'57 ILLK MARKETS FULL STEADY STOCKS LI HT


EVAPORATED MILK MARKETS IN
FEBRUARY RULED FULL STEADY AT GE:JERALLY
SUSTAINED QUOTATIONS, ACCORDING TO THE
U.S. BU:EAJ OF AGRICULTURAL ECONOMnICS.
PREVAILING PRICES WERE SUPPORTED NOT ONLY
BY A RATHER ACTIVE DEMAND AND SOME RE-
DIVERSIONS OF rILK FROM EVAPORATED MILK
TO MARKET MILK AND CREAMf, iUT ALSO BY
CONTINUED LIGHT STOCKS AND BY SO'.:E


IMPROV::M:FNT IN THE 3UTTCFR AND CHEESE
MARKETS. WHILE MOST BUYERS WERE CONTENT
TO OPERATE ON A HAND-TO-MOUTH DASIS,
THERE M'AS! SCOME BUIJ'ING I EXCESS OF
IMMEDIATE N[ED,, "ARTI C'JLARLY IN THE
,VICDLF ';JEST WHERE TH-- POSSIBILITIES OF A
PROTRACTED rAIRYMF;L1'S STICK CAUSED SOME
CONCERN. 'UFP-'LY AND DEMAND WERE, THERE-
FORE, FAIRLY CLOSELY BALANCED DESPITE


O.. (CNT.INUED ON NEXT PAGE)


* NOTICE : '"E HAVE RECENTLY CIRCULARIZED THE I'AILING LIST FOR THIS REPORT. *
T* I 3 TS THE LAST COPY VF:ICH WILL BE SENT TO YOUR A3DDR:-S, iJULESS THE CARD *
PFROVI EDE IS RETURN'cEO, OR WE ARE OTHER"'I SE ADVI SCD OF "'Ou- L.SI:.E TO HAVE
S-THE REPORT CONTINUED. *

FE-3RUARY 1933


_.t4 9 c


No. 162


~AiHlhsTo:~. OI C1


$6.sg







PAGE 2


STCSKS A:D PRODUCTION OF EVAPORATED AND CONCERNED V:ILK

TOTAL STOCKS ICI'j.'DE ALL "TO3CK,: H 'CLD -Y MiAN"JACTURIE. A r REPORTING W:HTHER THEIR
OWN OR STOCKS OF O.THCF-( ; V.'H A T:-:F _R ON;J T-!l_' IR. COW', PkEMI SES, I N STORAGE OP I N TRAN.SI T
(UNSOLD) FOR WAREHOUSE DCON SI GNMLNT; A;'NL WHiETHER SOLD (R CONTRACTED FOR A'D NOT
DELIVERED.
PRODUCTION FIGURES FOR THE CURRENT MONTH INCLUDE R-;.'OTS FROM. FIRI.'.S OPERATING
APPROXIMATELY .Hio OF THE TOTAL FACTORIES IN THE UNITED STATES.


EV-'O,'T;L LK CONDENSED i L;K CO ODE.JSED 'l LK
I(ASE COOCS) (CASE COOCS) ( CL GOOrS)


TOTAL STOCKS ON FE'3. I, 1933
NO. OF FIRMS REPORTING*

COMPARISON FOR SAIE FIRMS:
FEBRUARY 1, 1933
JANUARY I 1533
% CHANGE DURING MONTH
FIRMS IN COMPARISON
FEBRUARY I, 1933
FEBRUARY I, 1932
o CHANGE FROM PREV. YEAR
FIRMS IN COr.PARI SON*


10G,S74,,J;C LEs .



103,574 ,-0 LOS.
9,7494,97 LBS.
-t -o
33
103,674,990 LBS.
12G,531,024 LBS.

33


TOTAL STOCKS
5,524,110 LBS.



9,524,110 LBS.
12,234,107 L3S.
-22. 15
S
3,524,110 LBS.
9,145,395 LBS..
+ 4.14I
8


6,373,394 LBS.
26


3,33,3,394 LBS.
7,205,322 LBS.
-12.29
26
5,943,298 .LBS.
7,927,306 LBs.
--24.S9:
21.


PRODUCT I ON
COMPARE I SON FOR SArME FIRMS:
JANUARY, 1933 I I ,79,'0,015 LBS. 5,0. 1 ,477 LBS. 6,028,029 LoS.
DECEMBER, 1932 3,G33,4'01 LES. 5,2L2,410 LE.- 6,423,836 LBS.
CHANGE OUR ING MONTH + -. 5.25) 6. 9
FIRMS IN COMPARE ISON* 34 7 26
JANUARY, 1933 II ,798,015 LBS. 5,011,477 LBS. 5,375 ,030 LBS.
JANUARY, 1932 95,092,543 LBS. 7,635,341 LBS. 3,526,192 LBS.
CHANJGE FROM PREV. YEAR +17.57 -34.760 -17.59
FIRMS IN COMPARISON* 34 7 21
FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON JAN. 1, 1933 100,0C,:. 465 LBS. 12,234,107 LBS. 7,423,776 LBS.
ESTIMATED PRODUCTION JAN. 1933 I12,20',308 LBS. 5, 36,241 LSS. 10,141,741 LBS.
FIRMS, NOT FACTOR I ES. SOME FI RM4S OPER, TE -MOr;iE THi-AIN ONE F,'.TORY.

AVERAGE DAILY Pu'J;;CAES F'E F.no ;CEiR*

JAU'ARY i OEED:' "3ER
__ 1933 __ 932 I3 I 93
TOTAL PURCHASES 242,766,018 LsS 235, :c ,321 LqS 223,471,374 LBS 223,27.,332 LBS
NUMBER OF PODUCERS 73,041 73,493 7 74,273 73,127
AVERAGE CAILY
PURCHASES PER
PRODUCER 106.34 L Sji IC4.74 LBS 97.03 L3S SS.50 LBS
PERcCENJTAGE CHANGES + 1.53 1.47


PERCENTAGE CHANGE .IN JANUARY I S3 COMPA:':ED WITH DECCEI'BEF 1932
PERCENTAGE CHANGE .IN JANUARY I '.32 COMPARED WITH DECCMSER 1931


- 1- 5.57
- + 6.34


* THESE FIGURES INCLUDE MILK PuRFCHASED PRIMARILY FOR THE MANUFACTURE OF EVAPORATED
AND CONDENSED MILK.

(CONTINI':D FROM FI,,.T PAGE)


THE SOME"-HAT HEAVI ER-THAN-1-932 PRODUCTION,
AND MANUFACTURERS' STOCKS CONTINUED UN-
USUALLY LIGHT. IN SOME SECTIONS, IN
FACT, IT 'WA; SAID THAT MANUFACTURERS W.:CE
OVERSOLD. FE.R .'AS EXPRESSED 3Y SOME IN
THE TRADE THAT THE CURRENT LOW PRICES OF
BOTTLEOD' lLK WOULD REDUCE SALES OF EVAPO-
RATED MILK, BUT OTHERS POINTED TO THE
FACT THAT EVAPORATED MILK PRICES WERE
ALSO LOW WITH A RETAIL PRICE 5 CENTS PER
TALL +CAN STILL COMMON IN SOME IMPORTANT
MAR;,'-TS. THE FEBRUARY AVERAGE PRICE PAID
FPODUCERS IN THE UNITED STATES FOR 3.5
PER CENT MILK DELIVERED CONDENSERIES WAS
94 CENTS PER CWT., THIS PRICE DEING II
CENTS PER CWT. LOWER THAN THE JANUARY
AVERAGE, AN;D 5 CENTS LOWER THAN THE
FEBRUARY, I93 AVErAGE PRICE.

EVAPORATED MILK PRODUCTION IN
JANUARY, ACCORDING TO THE LATEST AVAIL-
ABLE COMPARATIVE FIGURES, '"AS 17.6 PER
CENT HEAVIER ThAN A YEAR. AGO, AND SHOWED
A SEASONAL INCREASE OF 15.7 PER CENT OVER
THE MAKE OF THE PREVIOUS MONTH. THIS
INCREASE I N THE MAKE FROM DECEMBER TO
JANUARY WAS, OF COURSE, MATE I ALLY LARGER
THAN AVERAGE AND APPEARED SOLELY DUE TO
THE FACT THAT THE AVERAGE DAILY DELIVER-
IES OF MILK PER PRODUCER BY CONDENSERIES
SHOWED A HEAVIER INCREASE THAN IN OTHER
YEARS. COMPARED WITH THE SAME MONTH OF
THE PREVIOUS YEAR, THESE AVERAGE DAILY
P'IRCHASES OF MILK HAVE SHOWN A RELATIVE
INCREASE SINCE OCTOBER. DURING THAT
MONTH THEY WERE 8.6 PER CENT LIGHTER, IN
NOVEMBER THEY WERE 5.5 PER CENT LIGHTER,
AND IN DECEMBER 1.5 PER CENT LIGHTER, BUT
IN JANUARY 1.0 PER CENT HEAVIER THAN A
YEAR AGO. THE NUMBER OF PRODUCERS
DELIVERING MILK TO CONDENSERIES, HOWEVER,
WAS DECREASED BY OVER 3,700 DURING THIS
PERIOD THIS v.n ^'.. ARED WITH A
CL96 C8LgO Z9gL C


DECREASE OF ABOUT 2,200 DURING THE SAME
PERIOD A YEARi AGO. DESPITE THE GREATER
LOSS OF PATRONAGE, EVA 'OR.ATED MILK PRO-
DUCTION, .IN COMF'A..I SON WITH THE SAME
MONTH A YEAI; EARLIER, CONTINUED TO GAIN
THUS REFLECTING THE COMPARATIVELY
HEAVIER DELIVERIES.
STOCKS OF VAPOR ATED MILK IN MANU--
,ACTU;RE:RS HANDS ON FEBRUARY I WERE 15.5
PER CENT LIGHTER THAN ON THE SAME DATE IN
S03?2, AND THE INCREASE IN SUPPLIES DURING
J;.NUARY.AMOUNTED.TO BUT 7. P"R CENT
DESPITE THE 15.7 PER CENT INCREASE IN
2RODU CT I ON. THIS, OF COURSE, MEANS THAT
THE APPARENT TRADE OUTPUT CONTINUED TO
EXCEED THAT OF A YEAR AGO, ALTHOUGH NOT
BY SO LARGE A PERCENTAGE AS IN DECEMBER.
STOCKS IN THE HANDS OF REPRESENTATIVE
WHOLESALE GROCERS IN 33 CITIES OF THE
.: IToD ST;,TES ON DECErBF:ER 31 1)32, WHILE
32 PErT CENT LIGHTER THAN ON SEPTEMBER 30
OF THAT YEAR, WERE 27 PER CENT HEAVIER
THAN ON THE SAME DATE IN 1Il.
CONDENSED .MILK LIKEWISE HELD ABOUT
STEADY WITH BUT LITTLE CH;.NGE IN THE GEN-
ERAL MARKETS SITUATION. TRADING "AS ONLY
FAIR, 9UT IN SPIT OF THIS STOCKS WERE
HELD AT A COMPARATIVELY LOW LEVEL AS A
NUMBER OF PLANTS HAVE STOPPED P-ODUCTION,
FINDING THE MANUFACTURE OF OTHER DAIRY
PRODUCTS MORE PROFITABLE. CONDENSED.MILK
P'RODUCTIO,' OUR IN2 JANUARY WAS c-.b PER
CENT LIGHTER THAN pUiI NG THE SAME MONTH A
YEAR AGO, AND '!AS 3.:. PER CENT LI GHTER
THAN DURING THE PREVIOUS MONTH. THE
LATTER FIGURE, PARTICULARLY, IS A
REFLECT ON OF THE LIGHT MAKE EX;'ERI ENCED
ALL THROUGH THE .-AST YEAR AS EVAPORATED
MILK PRODUCTION USUALLY SHO'"S A CONSIDER-
ABLE GAIN FROM..DCECEMSER TO JA'JUAiRY STOCKS
OF CONDENSED MILK IN MANUFACTURERS HANDS
ON FEBRUARY I WERE 9,4b/ LIGHTER THAN ON
THE SAME DATE I 1|93t AND SHOWED A JANU-
ARY REDUCTION. ORF .5F SUPPLIES ON THE
FLOORS OF REPRESENTATIVE HCLES LE GROCE
IN THE U.S. ON DCCCEMER 3 L. ,3 WERE EHA
LIGHTER THAN A YEAR ,AG, 4O LIGHTER THA
THE 5-YEAR X~OAGE, AND ALSO SHOWED A
RECLINE OF, Jo E OM RESERVES HELD ON
BEPTEMBER 3L, 1-31 .




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