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:
AA00013239:00024


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UNITED STATES DEPARTrENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEWS SERVICE

MONTHLY EVAPORATED AND CONDENSED ;ILK I.MARKET REPORT
(,'ARCH [933)

No. 163 W'ASHINGTON, D. C. MARCH 22, 1933

INFORMATION IN THIS REPORT REGARDING PRICES, STOCKS AND PRODUCTION IS FURNISHED
BY EVAPORATED AND CONDENSED MILK FIRMS OPERATING 98e OF THE TOTAL CASE GOODS FACTOR-
IES IN THE UNITED STATES.'


PRIORSF P~3lO r-R~nH0~FRI FOR 3i.5 M!IlK


F. 0. 3. FACTORY FOR MARCH 1933


GC S S NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS ---
REPORTING RANGE AVERAGE
NEw ENGLAND $ $ -
MIDDLE ATLANTIC** 2 1.00-1.12 1.06
SOUTH ATLANTIC 2 .80-0.83 0.82
E. NORTH CENTRAL 52 .78-0.90 0.84
W. NORTH CENTRAL 7 .74-0.87 0.78
SOUTH CENTRAL 8 .74-0.83 0.77
NORTH WESTERN 4 .65-0.82 0.74
SOUTH WESTERN 7 .66-0.79 0.73
U.S. .ARCH, 1933 82 1.65-1. 20.82
U.S. FEBRUA~4, 1933 81 .70-1.17 0.84
U.S. MARCH, 1932 85 .83-1.47 0.95
*:56 ADDITIONAL FACTORIES REPORTED PRICES TO BE BASED IN PART ON THE CURRENT MONTHIE
WHOLESALE BUTTER QUOTATION, 19 OF THESE BEING LOCATED IN N.Y. AND PA. II FACTORIES
REPORTED PRICES NOT DETERMINED AS YET AND 33 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.

44 FACTORIES WHICH DID NOT ANNOUNCE PRICES IN ADVANCE REPORTED
PRICES ACTUALLY PAID FOR FEBRUARY AS FOLLOWS:
MIDDLE ATLANTIC 6 $0.90-1.00 i $0.96
E. NORTH CENTRAL 25 0.77-1.00 .85
SOUTH CENTRAL I 0.73 U.73
NORTH WESTERN 5 0.66-0.83 0.73
SOUTH 'VESTERN 7 0.73-0.84 0.80

NET WHOLESALE SELLING PRICES IN CAR LOTS F.0.3. DISTRIBUTE '! POINTS FEBRUARY,193
(CASE 00DS)
?^-A- --~j-3-o o o S

THE WHOLESALE PRICES GIVEN. BELOW ,.RE BASED OM THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERS' DISTRIBUTING POINTS ON BASIS OF


CASH OR SHORT


F. 0. 3.


BOSTON
NEW YORK CITY
FHIL,.DELPHIA
CHICAGO
CLEVELAND
ST. LOUIS
KANSAS CITY
MINNEAPOLI S-ST.AUIJL
ATLANTA
NEW" ORLEAANS
DENVER
SEATTLE
SAN FRANC ISCO
Los ANGELES


TIME CREDIT


EVAPORATED r. LK
R CASE OF 48 141 OZ.CANS
RANGE I AVERAGE
2.10-2.30 $I2.41
2.10-2.60 2.43
2.10-2,80 2.41
2.10-2 .60 2.42
I.190-2.60 2.40
2.10-2.60 2.45
2. 10-2. 2.45
2. 10-2. 0O 2.44
2.1 F-2. 0 2.44
. 102. .30 2.43
2.00-2.50 2.43
2.05-2.50, 2.43
.95:-2.50 i 2.32
I.95-2.50 i 2.30


CONCENSED MI LK
(PER CASE OF 48 14 OZ. CANS


I RANGE


$4. b-4. b
4.75-4.85
4.75-4.85
5.25
4.75



4. '5-5.00
--


L 'AVs-I_:; E


$4.32
4.82
4.82
5.25
4.75



4.83


f-_


AVERAGE WHOLESALEE SELLING PRICES
UNSWEETENED EVAPORATED
GEOGRAPHIC (PER CASE OF
SECTIONS 48 14- oz. CANS)
I CANS


NEW ENGLAND
MIDDLE ATLANTI
SOUTH ATLANTIC
E.N.CENTRAL
W.N.CENTRAL
SOUTH CENTRAL
NORTH WESTERN
SOUTH WESTERN
U. AVERAGE


$2.38
2.39
2.38
2.38
2.40
2.42
2.35
2.32


'Y -EOCRAP -IC SECTIONS


SWEETENED CONDENSED
(PER CASE OF
48- 14 oz. CANS)


$4.87
4.86
4.83
5.85

5.00


- FEBRUARY 1933


SSWEETENED CONDENSED
_ ( 3ULK PER CWT.)
SINSK I :IM4ED SKIMMED
$.31 $3.90
7.43 3.84
6.75 4.33
6.60 3.93
6.24 i 4.14
.75 4.33
6.75 4.33
6.81 4.25


FEsRUARY 123i $2.38 $4.93 $8.72 $4.06
U. S. AVERAGE,
JANU'JARY 1933 $2.44 $4.93 $6.66 $4.08
U. AVERAGEj
rFERUARY 1932 $2.79 $4.94 4 $7.76 $4.43

EVAPORATED MILK MARKETS FIRM AT LOWE-R PRICES


SINCE THE PRICE CUT WHICH WAS MADE ON.
CERTAIN OF THE SETTER KNOWN BRANDS OF
EVAPORATED MILK LATE LAST MONTH, AND WHI CH
WAC FOLLOWED BY PRI-CE REDUCTIONS ON PRAC-
TICALLY ALL BRANDS, EVAPORATED MILK MARKETS
H'^VE BEEN FIRM, ACCORDING TO REPORTS WHICH
HA.vE COME TO THE U. S. BUREAU OF AGR-IGOUL- --.
TU'RAL ECONOMICS. THE REDUCTIONS WHICH
WERE FIRST ANNOUNCED, A:IOULNTI.NG .TO .5,0 .
CEITS PER CASE, BROUGHT ABOUT A GENERAL
LOWERING OF PRICES, ALTHOUGH THE EXTENT 'OF
THE CUTS VARIED WITH DIFFERENT MANUFACTUR-
ERS. INFOR' NATION IS NOT YET AVAILABLE RE-
GARDING AVERAGE WHOLESALE PRICES THIS
MONTH MARCHCH, BRUT THE FEBRUARY AVERAGE
WAS SOMEWH,.T LOWER.THAN JANUARY, DESPITE.
THE FACT THAT THEl. ABOVE MENTIONED PRICE


CHANGES DID NOT OCCUR UNTIL QUITE L,'TE
IN THE MONTH. THE FULL EXTENT OF THE
REDUCTI ON WILL BE REVEALED BY THR ARCH
AVER-AGE WHICH WILL BE PUBLISHED NEXT
MONTH. IN THE MEANTIME, WHOLESALE
PRICES-ON EVAPORATED ARE REPORTED AS LOW
A:S $.190-1..95 PER CASE IN SOME SECTIONS
OF THE COUNTRY, WITH ABOUT $2.10 As-PAR-
ENTLY THE GOING PRICE FOR THE BULK OF
SALES.

THIS RECENT LOWERING OF WHOLES-LE
PRICES, WITH ITS PROBABLE EFFECT ON
PRODUCERS' PRICES, WAS THE CAUSE OF MUCH
DISCUSSION, AND LED TO ACTION ON THE P,,R'T
Q.F STATE AUTHOR I TIES IN WISCONSIN WHERE
:THERE HAD ALREADY BEEN A MILK STRIKE.


MARCH 1933


I- ..


--


-~--- --t-------


I








PAGE 2

STOCKS AN. PRODUCTION O OF EV"-P:P ATED.AND. 01'. ,TErD ,'ILK.-

TOTA'L'STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTUR-ERS REPORTING WHETHER THEIR
OWN OR STOCKS OF OTHERS; WHETHER 1ON THEIR OWN PREMIL:.ES, IN STORAGE, OR IN TRANSIT
(UNSOLD) FO? WAREHOUSEUSE CONSI-GNMENT; AND WHETr PH1 S:O.LD .O, ;CONTRACTED FOR AND NOT
DELIVERED.
PRODUCTION FIGURES FOR THE CU.R.ENT MONTH INCLUDE REPORTS FROM FIR'IS OPERATING
APPROXIMATELY ~acj OF THE TOTAL FACTOn ES IN THE UNITED ST,',TES.
EVAPOR.'.TED MILli< 'CONDENSED I LK CONDENSED "'I LK
(CASt. GOODS) (CASE OODS) (BULK GOO S)
TOTAL STOCKS-
TOTAL STOCKS ON MA'R.I., 1933 101,,085,120 LBS. 7,830,741 LEB. 5,554,943 LBS.
NO. OF FIRMS REPORTING* 34 8 28
COMPARE ISON FOR SAMiE FIRMS:
MARCH I, 1933 101,035,120 LBS. 7,930,741 LBS. 5,554,943 LBS.
FEnBRUARY 1933 107,.154,415 LBS. S.,524,110 LBS. 6,472,050 LBS.
CHANGE DURING MONTH 5.37:' 17.78 1 14.18 :
FIRMS IN COMrPARISON 34 8 28
MARCH 1, 1933 101,035,120 LBS. 7,830,741 LBS. 5,089,054 LBS.
MAR k. 1932... 116,858,805 LBS. 7,407,102 LBS. 7,856, I5 LBS.
%o CHANGE FROM PREV. YEAR 13.50 % + 4.86 % 35.22 o
FIRMS IN COMPARISON* 34 8 23

PRODUCTION

COMPARISON FOR SAME FIRMS:
FEBRUARY, 1933 104,655,354 LBS. 4,359,435LBs. 5,677,971 LBS.
JANUARY, 1933 IlI,79P,0r5 LBS. 5,011,477 LBS. 6,018,971 LBS.
e CHANGE DURING MONTH. 6.39 o 13.01 % 5.67 %
FIRMS IN COMPARISON*- 34 7 27
FEBRUARY, 1933 104,655,354 LBS. 4,359,435 LBS. 4,965,939 LBS.
FEBRUARY, 1932 100,517,340 LBS. 5,965,425 LBS. 6,710,518 LBS.
% CHANGE FROM PREV. YEAR- + 4.12 % 2S.92 26.0 -
FIRMS IN COMPARISON* 34 7 22
FINAL REVISIONS FOR LAST MONTH:.
TOTAL STOCKS ON FEB. 1. 1933 107,154,416 Les. 9,524,110 LBS. 8,488,407 LBs.
ESTIMATED PRODUCTION FEB. 1953 104,658,300 LBS. 4,552,153 LBS. 8,152,940 LBS.
SFlRMS, NOT FACTORIES. SO' E FIRM OPERATE MORE THAN ONE FACTORY.

.AVERAGE DAILY PURCHASES PER PRODUCER*
.AVERAGE DAIL


TOTAL PURCHASES
NUMBER OF P. O.UCERS
AVr:,:.GE DAI LY
PURCHASES P-R
PRODUCER
F : CENTAGE .CI-,ANGES


___________________


FEB.:UARY


235,172,943 LBs.
74,148


1 13..27


LBS


243l,35:53,248R LB


243,553,248 LBS
.74, G74

.113.3 LBS


- ..10


JA'JARY


I 33


242,7


C -ENTA'GE .CA:IE IN FEBRUARY 1 33 OO'MPA.RED WITH JANUARY IS33
.,.CEITAGE C:-;H.NGE IN FEBRUARY ,1I32 COMP,\A ED WI TH JANU,';A Y I 32


S 132


6'6,018 LBS 233,636,321 LBE
73,541 "73 493

103.34 LBS 104.74 LuB
+ 1.53


- 1- .32
- 83.25


-;E.-l-. FI.GU.;ES INCLUDE MILK PURCHASED PRIMArI.LY FOR THE MANUFA'CT'JRE OF EVAPORATED
,'N. CO.' DCJNU.' ED MILK.
,Y fr.ONTH.

(COQNTI NU-ED FROM FI RSC PAGE),
-:3 i."-' 0O P -.'C REPORTS, AN AGREEMENT PE.: CENT. THERE WAS A 5 P .., CENT F;E-
.. CONFERENCE BETWEEN DUCTION OF STOCKS DURING FEBJUAR;Y, COM-
7,,.J 1.' j "U:. 1G TRIBUTORS AND STATE .PARED \WITH AN 8 PER, CENT EDUCATION N LAST
:: -:;J, .V W;EREBY--THERE .WOULD. BE NO Y.EAR. .N. JANUA.- Y, HOWEVER. THEi;E HAD
SJ .. : ': ."TTI I'G, BECAUSE OF-THE, DE- :BEEN A:7 PER CENT INCREASE THIS YEAR,
LI : EFFECT OF SUCH ACTION ON' i'HE;EAS IN JANUARY,' 1932, THE CHANGE IN
*., Y S P.'ICES GENERALLY. STOCKS WAS A 3 PE:; CENT EDUCATION EVAPO-
!RATED MILK PRODUCTION CONTINUES TO HOLD
S."-T I. ICES WE:E NATURALLY LOWERED UP, AND IN FEB;UArA Y WAS 4 P:-, CENT HEAVIER
: :; TION OF WHOLESALE PRICES THAN IN FEBRLUARY, 1932. '.AVE.-AGE DAILY
.:; : A TIME THERE WE:;E DELIVER I ES PE,., P.RO UCE:: I'N FEB.,UARY THIS
: ':.IN BETTER-KNOWN BRANDS YEAfR '"ERE THE SAr'E AS LAST YE,,:, AND THE
: L STORES IN THE EASTE:;N NUMBE; OF PRODUCERS WAS ABOUT.THE SAME,
OIIS ..S LO"' AS 4 CANS FOR 17 CENTS, INDIC.-.TNG THAT AILARGE. PR&O-PQRTIO N OF
,Nd LESS :.-KNO''N BRANDS AT 6 CANS FOR 25 TOTAL RECEIPTS OF MILK W.'S USED- F-O THE
CENTS. "THESE SAME BR.:ANDS WE:'E- LATER PROCUCTI ON O-F-'EVAPORA'TED THIS YE.'-. THAN
RAISED D TO 3 CANS FOR 19 CENTS, AND 5 CENTS LAST.
STRAIGHT, RESPECTIVELY. AVERAGE PRICES
PAID PRODUCErS BY CONDENSERIES THIS MONTH LITTLE CHANGE IS REPORTED ON CONDEN-
VARY F-O: 73 CENTS PER CWT. (3.5k MI LK) SED MILL. TRADING IS SAID TO BE SLOW,
ON THE PACIFIC COAST TO $1.06 ALONG THE AND PRICES A';E ABOUT THE SA,.E'AS A MONTH
ATLANTIC SEASOAR0D, ~WITH AN AVERAGE OF 84 AGO. .STOCKSOF CONDENSED CASE, AMOUNT-
CENTS PE- C"'T. IN THE EAST NORTH CENTRAL ING TO' 7,00,000 POUNDS ON ,ARCH BORE
SECTION OF THE COUNTRY WHERE MOST OF THE -'.BOUT THE.SAME -ELATION TO A YEAR EARLIER
CONDENSER IES ARE LOCATED. AS THEY' DID ON FEBRUARY I. THE FBRUA,-;Y


THE I..ACH 1 INVENTORY OF MANUFACTUR-
ERSf STOCKS OF EVAPORATED CASE GOODS RE-
VEALS A TOTAL OF I |,000,000 POUNDS,
WHICH IS A 13.5 PE:: CENT REDUCTION: UND:ER-
MARCH LAST YEAR. .ON FEBRUARY .1., THE
REDUCTION UNDEI; A YEA.. EARLIER !WAS 15.5


MARCH 1933


SZL6 VCL90 Z9UZ E
i 1111111111111 lllii l lll m


REDUCTION OF '.STOCKS WAS ALSO ABOUT THE
S,A'ME". S. I N FE'BR'UA',Y OF LAST YEAR. ..FEBRU-
'ARY PRODUCTION OF BOTH CASE AND BULK
GOODS WAS ABOUT 26 PER CENT BELOW THAT
OF FEBRUA.RY, 1932.


UNIV. OF FL LIS.




IU.. EPOTORY
U.S. DEPOMTORY


1932**--


1 932**




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