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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/AA00013239/00026
 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: AA00013239:00026

Full Text


NOTE: THIS REPLACES COPY PREVIOUSLY SENT, WHICH WAS IN ERROR AT POINT ON
PAGE 2 INDICATED THUS A/
UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMiCS
MARKET NEWS SERVICE
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
"(MAY IS33),


NO. lb _


-WA:MN~71TnMN. D. rC.


MAY E. 193.5


INFORMATION IN THIS REPORT REGARDING PRICES, STOCKS AND PRODUCTION IS FURNISHED
BY EVAPORATED AND CONDENSED MILK FIRMS OPERATING 980 OF THE TOTAL CASE GOODS FACTOR-
IES IN THE UNITED STATES.


G ECIRP PA I D PRODUCE K


F 0 B FACTORY FOR MA 3


I I IJ .JA..iS.JL .) tI'3 .5 *.4#L)o VI kS I s U .J* 11k I Iy Su fl
GEOGRAPHIC SECTIONS UM3ER OF FACTORIES PICE PER CWT
REPORTING RANGE AVERAGE
NEW ENGLAND $
MIDDLE ATLANTIC** 2 0.90-0.92 0.91
SOUTH ATLANTIC 2 0.86-0.90 0.88
E. NORTH CENTRAL 49 0.89-1.01 0.98
W. NORTH CENTRAL 7 0.77-1.00 0.91
SOUTH CENTRAL 8 0.,3-0,87 0.85
NORTH WESTERN 3 0.73-1.01 0.85
SOUTH WESTERN 7 *0.72-0.83 0.80
U.S. MAY, 1933 --8 ..- 72, 719'7 T
U.S. APRIL, 1933 80 0.65-1,02 __0.81
U.S. MAYv I 93 6 0.60-127 0.86
30 nrlT I flMA' A lt \O fI IO tr r rrnr r r-. ,-r, r ,-mr <-if-it I",, n iI TL r'.'Ar-lrr a *1j r't I 1 .3 1- TI IU'MI'. I <~


"' I I I Uvf- J- O I O rIcL rr- TED PRI CU6 T B Ei 0 ^ Dl I N' PART in. T E Lr\REll i H'Z
WHOLESALE BUTTER QUOTATION, 19 OF THESE DFING LOCATED IN' NY. AND PA. II FACTORIES
REPORTED PRICES NOT DETERMINED AS YET AND 33 REPORTED PLANTS'CLOSED. No PRICE INFOR-
MATION RECEIVED FROM REMAINING FliMS. AVERAGE PRICES SHOWN FOR THE UNITED STATES DO
NOT INCLUDE ANY OF THESC FACTORIES.
44 FACTORIES WHICH DID NOT ANNOUNCE PRICES IN ADVANCE REPORTED
PRICES ACTUALLY PA D FOR APRIL As FOLLOWS;
MIDDLE ATLANTIC 6 $0.9-1 .04 $0.98
E. NORTH CENTRAL 25 0.08-1.01 0;93
SOUTH CENTRAL 1 : 0.73 0.73
NORTH WESTERN 0 0.70-0.80 0.77
SOUTH WESTERN 6 0.79-1.03 0.89

NET WHOLESALE SELLING PRICES.IN CARLOTS F.O.B. DISTRIBUTING POINTS APRIL, 1933
(CASE.GOODS)
THE WH.LE3ALE PRICES GIVEN BELOW ARC BASED ON THE REPORT MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MvANUFACTUREfr:; DISTRIBUTING POINTS ON BASIS OF
CASH OR SHORT TIME CREDIT.
EVAPOKATEin M LK CONDENSED MILK
F, 0. B. RPER CAE. or 48 14 OZ. CANS) (PER CASE OF 48 14 CZ. CANI)
RANGE AVERAGE RANGE AVERAGE
B3OSTON $2. I10-2. 50 $2 27 -" -4.85 $482
NEW YORK CITY 2.1Q-2;65 2.2S 4.75-4.85 4.82
PHILADELPHIA 2.10-2.50 2.27 4.7;-4.85 4;82
CHICAGO 2. 10-2.50 2.27 5.25 5.25
CLEVELAND 2.09-2.50 2.27 4.75 4.75
ST. LOUIS 2.0S-2.50 2.32
KANSAS CITY 2.10-2.50 2.33
MINNEAPOLIS-ST.PAUL 2.10-2.50 2o -
ATLANTA 2.10-2.50 2.32
NEW ORLEANS 2.10-2.50 2.30 4.65-5.00 4.83
DENVER 2.10-2.50 2;33 -
SEATTLE 2.10-2.50 2.28
SAN FRANCISCO 1.95-2;50 2.26 -
Los ANGELES 1.90-2.50 2.25 -
AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS APRIL 1933
GEOGRAPHIC UNSWE ETE'ED EVAPORATED SWEETENED CONDENSED SWEETENED CONDENSED
SECTIONS 1PER.-CASE OF PER CASE OF (BULK PER CWT.)
S48 14 oz. CANS) 48- 14 OQZ. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $2.22 $4.87 ;$6.31 $3.78
MIDDLE ATLANTIC 2.20 4.7 696 4.45
SOUTH ATLANTIC 2.22 4.63 6.75 4.13
E. N. CENTRAL 2.24 5,25 6.73 3.91
W. N. CENTRAL 2.21 6.13 3.87
SOUTH CENTRAL 2.24 5.00 6.67 4.17
NORTH WESTERN 2.1 6.75 4.17
SOUTH WESTERN 2.22 6.75 4.13
U. S. AVERAGE
APRIL 1933 '$2.21 $4.93 $6.62 $4.08
U. S. AVERAGE
MARCH 1933 0$2.08 "$4.93 $6. 53 $4.09
U. S. AVERAGE
APRIL 1932 $2.58 $4.93 $7.43 $4.29
EVAPORATED AND CONDENSED MILK MARKETS FIRM STOCKS UNUSUALLY LIGHT


EVAPORATED MILK MARKETS CONTINUE
IN A FIRM POSITION, ACCORDING TO THE
UNITED STATES BUREAU OF AGRICULTURAL
ECONOMICS. QUOTATIONS HAVE ADVANCED IN
LINE WITH THE STRONGER SENTIMENT. THE
AVERAGE PRICE FAID PRODUCERS IN THE
UNITED STATES FOR 3.5 PER CENT MILK
DELIVERED AT THE CONDENSERy WAS RAISED
FROM 91 CENTS PER CWT. IN APRIL TO 93
CENTS IN MAY AND, AT THE LATTER FIGURE,
WAS 7 CENTS PEP CWT. HIGHER THAN DURING
THE CORRESPONDING MONTH A YEAR AGO.
WHOLESALE PRICES ALSO ADVANCED ANOTHER
25 CENTS PER CASE DURING THE FIRST WEEK
OF MAY. THIS ADVANCE, TOGETHER WITH A
SIMILAR ONE EXPERIENCED ABOUT A MONTHAGO,
TAKES WHOLESALE PRICES TO A LEVEL A30UT


25 PER CENT HIGHER THAN THAT WHICH PRE-
VAILED IN LATE FEBRUARY WHEN QUOTATIONS
HAD DROPPED TO THL 'LOWEST POINT .IN MANY
YEARS. WHOLESALE PRICES ARE NOW ALSO
SOMEWHAT HIGHER THAN A YEAR AGO* RETAIL
QUOTATIONS AKE ALSO HIGHER, WITH THE
NATIONALLY ADVERTISED BRANDS NnW SELLING
AT ABOUT I CENTS PER TALL CAN, AND THE
LESS R-KNOWN MARKS AT THREE CANS FOR 17
TO 19 CENTS IN SOME OF THE LARGER CHAIN
STORES IN THE EAST. THESE PRICES ARE
AROUND 2 CENTS PER CAN HIGHER THAN.A
YEAR AGO.
THE MOVEMENT OF EVAPORATED MILK
INTO CONSUMPTION IN MAY WAS RATHER ACTIVE
AND, ALTHOUGH PRODUCTION HAS INCREASED


(CONTINUED ON NEXT PAGE)
MAY. 1933


..


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7






PAGE 2
STOCKS AND PRODUCTION CF EVAPORATED AND CONDENSED MILK

TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEI'r
WVN OR STOCKS OF OTHERS; WHETHER ON THEIR OWN PREMIrES, IN STORAGE, OR IN TRANSIT
\UNSOLD) FOR WAREHOUSE CONS I GNMENT; AND '.'HETH R;' SOLD OR CONTRACTED FOR AND NOT
DELIVERED.
PRODUCTION FIG URES FOR THE CURRENT MONTH INCLUDE REPORTS FROM FIRMS OPERATING
APPROX I LATELY S OF THE TOTAL FACTORIES IN TL:E UNIT-ED STATES._
EVA'ORATE-D M-ILK CONDENSED M ILK CONDENSED MILK
(CASE GODS) (CASE GODS) (SULK GOODS)L_


TOTAL STOCKS ON MAY I, I 33
No. OF FIRMS REPORTING*

COMPARISON FOR SAME ;-IRMS:
MAY I 1 33
A=RIL I, 1933
/ CHANCE UR ING MONTH
FIRMS IN COMPARISON
MAY I, 9 33
MAY I 1932
% CHANGE FROM PREV. YEAR
FIRMS IN COMPARI SON*

COMPARISON FOR SAME FIRMS:
APRIL, 9357
MARCH, 1933
/ CHANGE DURING MONTH
FIRMS IN COM-PARISON*
APRIL, 133
APRIL, 1332
CHIANC.E rRO,, P;REV. YEAR
FIRMS IN COMPARISON*


36,975,047 LBS.
34


36,C75,047 LES.
50,571,156 L1 S.
-2).89e
34
35,97 5,47 LSS.
A/ 17,683,812 LBS.
-68.53%
34



167,378,34 LBS.
140,453,237 LsS.
+19. 17
33
167,378,314 LBS.
139,48C,856 Los.
+20. 00
,3


TOTAL STOCKS
5,309,681 LBS.
8


5,309,681 LBS.
5,934,927 Len,.
-10.50'



-44.3C80


PRODUcT I ON

4,544,54: LBS.
4,156,237 Lss.
+ 9.34o
7
4,544,545 LBS.
S,45, 143 LBS..
-50,917


5,907,394 LES.
24


5,787,926 LBS.
5,.23,284 LeS.
+ 1.02<5
23
5,632,133 Lns.
7,267,750 LBS.
-22.50%
20



6,573,696 LBS.
6,010,306 LBS.
+ 9.48%
24
6,215,505 LBS.
7,224,187 LOs.
-13.96b
21


FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON APRIL I, 1933 50,571,15 I LES. 5,934,927 LBS. 5,452,535 'LBS
ESTIMATED PRODUCTION APR IL, 1933 172,177,501 LES. 4,676,701 LnS. 11,270,688 LBSS
* FIRMS, NOT FACTORIES SO.F: FIRMS OPERATE MORE THAN ONE FACTORY.

AVERAGE DAILY PURCHASES PER PRODUCER*


TOTAL PURCHASES
:UMBER OF PRODUCERS
AVERAGE DAILY
PURCHASES PER
PRODUCER
PERCENTAGE CHANGES
IN 1933 COMPARED
WITH 132


I + I. I


PERCENTAGE CHANGE IN APRIL 1933 COMP-ARFD WITH MARCH 1933
PERCENTAGE CHANGE IN APRIL 1932 COMPARED WITH MARCH 1332


+ 1.66


THESE FIGURrS INCLUDE MILK PURCHASED PRIMARILY FOR THE MANUFACTURE OF
AND CONDENSED MILK.
\CONTINUED FROM -IRST AGE)


FROM WEEK TO WEEK, STOCKS IN THE HANDS OF
MANUFACTURERS HAVE CONTINUED TO SHRINK,
SOME DEALERS WERE ENTIRELY OUT OF RESERVE
SUPPLIES, AND BOOKED ORDERS FOR FUTURE
DELIVERY ONLY ON THE BASIS OF -'REVAILING
VALUES ON DAY OF SHIPMENT. IN SOME
QUARTERS, WHOLESALE GROCERS AND JOBOERS
ENDEAVORED TO BUILD UP RESERVE STOCKS IN
ANTICIPATION OF FURTHER UPWARD PRICE
ADJUSTMENTS BUT FOUND IT DIFFICULT GOING
AS MANUFACTURERS WERE NOT OUT FOR NEW
BUSINESS FINDING THEIR CAPACITY OF SALES
IN SUPPLYING REGULAR CUSTOMERS.

EVAPORATED MILK PRODUCTION HAS
CONTINUED TO INCREASE AT A MORE RAPID
RATE THAN AT THIS SEASON IN OTHER YEARS,
THE HEAVIER MAKE CEING DUE PRIMARILY TO
THE MORE AGGRESSIVE ATTITUDE OF MANU-
FACTURERS IN THE SOLICITATION OF RAW
MATERIAL. MILK DELIVERIES PER PRODUCER
IN APRIL, WHILE STILL 1.2 PER CENT
HEAVIER THAN DURING THE SAME MONTH IN
1932, SHOWED AN INCREASE OF BUT 9.2 PER
GENT OVER MARCH, WHILE THIS INCREASE LAST
YEAR AMOUNTED TO 93. PER CENT. AS IT WAS,
THE MAKE OF EVAPORATED MILK IN APRIL
TOTALED ABOUT 167,000,000 POUNo;, WHICH
WAS SOMEWHAT OVER 19 PER CENT HEAVIER THAN
IN MARCH AND AN EVEN 20 PER CENT HEAVIER
THAN IN APRIL, 1932.

DESPITE THE HEAVIER MAKE, STOCKS
OF EVAPORATED MILK WERE FURTHER REDUCED.
TOTAL SUPPLIES IN THE HANDS OF MANU-
FACTURERS ON MAY I TOTALED ONLY 37,000,000
PO'JNOS, THIS FIGURE REPRESENTING A
REDUCTION IN STOCKS, DURING APRIL, OF
NEARLY 27 PER CENT. THIS IN COMPARISON


MAY I


9.22
9.77
EVAPORATED


WITH AN INCREASE IN STOCKS OF 16 PER CENT
DURING APRIL, 193.:.', 18 PER CENT IN APRIL,
"193'1 AND 10 PER CENT IN A'RIL, 1930.
MAY r SUPPLIES OF VAPORATED MILK, 69 ER
CENT LIGHTER THAN ON THE SAME DATE A YEAR
AGO, WERE ALSO THE: LIGHTEST ON RECORD.
STOCKS IN THE HANDS OF REPRESENTATIVE
WHOLE'-;ALE GROCERS THROUGHOUT THE UNITED
STATES -T THE END OF MARCH OF THIS YEAR,
AMOUNTING TO A3OUT 15,000,000 DO;JNCS,
WHILE 14 PER CENT LIGHTER THAN AT THE
BEGINNING OF THE YEAR, WERE 42 PER CENT
HEAVIER THAN A YEAR AGO, AND 27 PER CENT
HEAVIER THAN THE 5-YEAR AVERAGE. SINCE
MARCH, STOCKS IN TH.E HANDS .OF WHOLESALERS
ARE SAID TO HAVE INCREASED, HAVING
ABSORBED SOME OF THE SUPPLIES FORMERLY
HELD BY MANUFACTURERS.
WHILE..ALSO SLIGHTL-Y LONGER,
CONDENSED MILK MARKETS HAVE NOT REFLECTED
MUCH OF THE SUPPORT GIVEN MOST OTHER DAIRY
PRODUCTS AND, PARTICULARLY, EVAPORATED
MILK. PRICES HAVE ADVANCED IN A NUMBER
OF MARKETS BUT TRADING HAS CONTINUED SLOW,
DESPITE A 5 PER CENT LIGHTER PRODUCTION
IN APRIL THIS YEAR UNDER LAST YEAR, SUP-
PLIES IN THE HANDS OF MANUFACTURERS HAC
SHOWED PRACTICALLY NO CHANGE DURING THE
MONTH BUT, OF COURSE, MAY I STOCKS WERE
STILL MATERIALLY LIGHTER THAN A YEAR AGO
AS .SliPLIES OF CONDENSED MILK ACTUALLY
INCREASED IN APRIL LAST YEAR, BUT THE
MAKE THEN, AS ALREADY MENTIONED, WA"; ALSO
DECIDEDLY HEAVIER. STOCKS IN THE HANDS OF
WHOLESALE GROCERS AT THE END OF MARCH OF
THE CURRENT YEAR WERE 35 PER CENT LIGHTER
THAN AT THE SAME TIME g YEAR AGO, PER
CENT LIGHTER THAN THE' -YEAR AVERAGE, BUT
ONLY 7 PER CENT LIGHTER THAN AT THE
BEGINNING OF THE YEAR.
UNIV.OF FL LIS.
DOCUMENTS DEPT
:33


9Ct'6 t'CL90 z9uL c
.... 111 111111;, II III1111 INI l l l1 111111111111111111 1 II


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