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:
AA00013239:00027


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* UNDER ECONOMY PROGRAM OF THE FEDERAL GOVERNMENT THE ,
FEDERAL MARKET NEWS SERVICE WILL.BE DISCONTINUED AND ALL
* OFFICES ISSUING MARKET NEWS REPORTS WILL BE CLOSED ON
JUNE 30, 1933. THIS AND ALL OTHER REPORTS ISSUED BY THIS
SERVICE WILL BE DISCONTINUED ON OR BEFORE THAT DATE. *


No. 166 WASHINGTON, D. C. JUNE 21, 1933
INFORMATION IN THIS REPORT REGARDING PRICES, STOCKS AND PRODUCTION IS FURNISHED
BY EVAPORATED AND CONDENSED MILK FIRMS OPERATING 98Q OF THE TOTAL CASE GOODS FACTOR-
IES IN THE UNITED STATES.


(' D C C AT'1TtV Enr, lIMEh IQ


I \I VI LSU I flV Ft\U SL.i FU J l ViLU rl S J ,e* f rII% i S \ I F U VIIL I
NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS
GEOGRAPHIC SECTIONS REPORTING RANGE AVERAGE
NEW ENGLAND $ -
MIDDLE ATLANTIC** 2 1.00-1.32 1.16
SOUTH ATLANTIC 2 1.00-1.05 1.03
E. NORTH CENTRAL 48 0.87-1.10 1.03
W. NORTH CENTRAL 5 0.92-1.00 0.96
SOUTH CENTRAL 8 0.90-1.00 0.95
NORTH WESTERN 4 0.80-1.05 0.92
SOUTH WESTERN 7 0.81-0.96 0.89
U.S. JUNE, 1933 76 0.80-132 1.00
U.S. MAY, 1933 78 0.72-1.01 0.93
U.S. JUNE, 1932 86 0.57-1.12 0.81
**63'ADDITIONAL FACTORIES REPORTED PRICES'TO BE BASED IN PART ON THE CURRENT MONTH'S
WHOLESALE BUTTER QUOTATION, 19 OF THESE BEING LOCATED IN N.Y. AND PA. 1I 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.
45 FACTORIES WHICH DID NOT ANNOUNCE PRICES IN ADVANCE REPORTED
PRICES ACTUALLY PAID FOR MAY AS FOLLOWS:
MIDDLE ATLANTIC 5 $1.03-1.12 $1.09
E. NORTH CENTRAL 26 0.95-1.17 1.05
SOUTH CENTRAL I 0.85 0.85
NORTH WESTERN 6 0.83-1.03 0.91
SOUTH WESTERN '7 0.89-1.02 .0.97
NET WHOLESALE SELLING PRICES IN CARLOTS F.0.B. DISTRIBUTING POINTS MAY, 1933
(CASE GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE BASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERS' DISTRIBUTING POINTS ON BASIS OF
CASH OR SHORT TIME CREDIT.
EVAPORATED MjLK 'CONDENSED MILK
F. 0. B. (PER CASE OF 48 --14 oz. CANS) (PER CASE OF 48 14 oz. CANS)
RANGE AVERAGE RANGE AVERAGE
BOSTON $2.10,2.75 $2.53 $4.75-4.85 $4.82
NEW YORK CITY 2.10-2.90 2.53 4.75-4.85 4.82
PHILADELPHIA 2.10-2.75 2.53 4.75-4.85 4.82
CHICAGO 2.34-2.75 2.52 5.25 5.25
CLEVELAND 2.10-2.75 2.48 4.75 4.75
ST. LOUIS 2.35-2.75 2.55 -
KANSAS CITY 2.35-2.75 2.56
MINNEAPOLIS-ST.PAUL 2.35-2.75 2.54 -
ATLANTA 2.35-2.75 2.56
NEW ORLEANS 2.41-2.75 2.54 4.65-5.00 4.83
DENVER 2.25-2.65 2.53 -
SEATTLE 2.35-2.65 2.51 -
SAN FRANCISCO 2.35-2.65 2.51
Los ANGELES 2.35-2.60 2.50 -
AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS MAY 1933
GEOGRAPHIC UNSWE TENED EVAPORATED SWEETENED CONDENSED SWEETENED CONDEN ED
SECTIONS (PER CASE OF (PER .CASE OF BULK PER CWT.
STIONS 48 14/ oz. CANS) 48 14 oz. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $2.47 $4.87 $6.44 $3.97
MIDDLE ATLANTIC 2.47 4.87 6.96 3.89
SOUTH ATLANTIC 2.46 4.83 6.91 4.29
E. N. CENTRAL 2.43 5.25 6.40 4.67
W. N. CENTRAL 2.48 .6.48 4.26
SOUTH CENTRAL 2.49 5.00 6.92 4.29'
NORTH WESTERN 2.45 '6.92 4.29'
SOUTH WESTERN 2.48 _- 6.94 4.22
U. B. AVERAGE
MAY 1933 8$2.47 $4.93 $6.71 $4.23
U. S. AVERAGE
APRIL 1933 _$2.21 $4.93 $6.62 $4.08
U. b. AVERAGE
MAY 1932. $2.34 $4.89 $7.21 $4.16

EVAPORATED MILK MARKETS STEADY TO FIRM SUPPLIES CONTINUE LIGHT


EVAPORATED MILK MARKETS IN JUNE
',ERE MAINTAINED IN A OTE,,DY TO FIRM PO-
SITION, ,CCO,,DING TO THE U.S. 7URElEAU OF
AGRI CULTU...L ECONOMICS. WHILF THERE
,WE;' NO GENERAL" UPF'.R,,D PI CE ;EVI SI SONP,
WHOLESALE QUOTAiTIONC IN FORCE .,T THE
BEGINNING OF ITHE MONTH WERE WELL
MAI NTAINED. UNLY IN I r;OL,,TED INSTANCES
(CONTINUED


WERE DEALE,:S WILLING TO SHADE PP ICES IN
O;:DEF: TO EFFECT SALES. PLOOUOTION OF
COURfE, CONTINUED TO ING;.E/.SE UP TO \BOUT
THE THIRD WEEK OF, JUNE, OUT THE HEAVIER
.MAKE DID NOT A- ;'EAR TO (AUSE ANY FP'i..TICU-
LAR; iNXIETV IN TR,\DE CIRCLES A\S IT WAS
KNOWN THAT STOCKS WERE STILL CoNS IDEiRALY
LIGHTER THAN IN OTHER YE,\RS. THE
ON NEXT PAGE)


JUNE 1933


UNITED STATES DEPARTMENt OF AGRICULTURE
BUREAU OF AGRICULTURAL tONOMICS
MARKET NEWS SERVICE
MONTHLY EVAPORATED ANb CbNbENSED MILK MARKET REPORT
(JUNE 1933)


DD(rCC Dhin Donnii~cDe cnb 1 cC1 rnii II






PAGE 2


STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK


TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
WN 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
DELIVERED.
PRODUCTION FIGURES FOR THE CURRENT MONTH INCLUDE REPORTS FROM FIRMS OPERATING
APPROXIMATELY 91b OF THE TOTAL FACTORIES IN THE UNITED STATES.


EVAPORATED M LK
(CASE GOODS)


G9NDENSED MIK .
(CASE GOODS)


CONDENSED MI K
(BULK GOOS)


TOTAL STOCKS ON JUNE I, 1933
NO. OF FIRMS REPORTING*
COMPARISON FOR SAME FIRMS:
JUNE I, 1933
MAY I, 1933
%" CHANGE DURING MONTH
FIRMS IN COMPARISON
JUNE I, 1333
JUNE I, 1932
CHANGE FROM PREV. YEAR
FIRMS IN COMPARISON*

COMPARISON FOR SAME FIRMS:
MAY, 1933
APRIL, 1933
% CHANGE DURING MONTH
FIRMS IN COMPARISON*
MAY, 1933
MAY, 1932
% CHANGE FROM PREV. YEAR
FIRMS IN COMPARISON*


48,126,563 LBS.
35

48,125,563 LoS.
36,975,047 LBS.
+30. 13j
35
48,126,553 LaS.
164,420,738 LBS.
-70.73'o
35


199,461,344 LSS.
167,37Y,394 LaS.
+19.17%
33
193,461,344 'LBS.
178,255,965 LOD.
+11. 90q
33


TOTAL STOCKS
9,859,649 LBS.
8

9,659,649 LBS.
5,309,681 L3S.
+85.69
8
9,859,649 LBS.
15,245,986. LBS.
-35.33%
8

PRODUCTION
'6,543,889 Las.
4,544,546 LBS..
+43.991
7
6,543,88!9 LOS.
6,061,406 LBS.
+ 7.96%
7.


8,367,280 LBS.
24

8,367,280 LBs.
5,940,170 LBS.
+40.86
24 .
3,192,308 LBS.
8,607,069 -eS.
4.82%
20


9,233,923 LeS.
6,742,984 LBS.
+22.11
25
7,640,801 LBS.
8,874,855 LBS.
-13.91%
22


FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON MAY I, 1933, 36;975,047.LBs. .5,309,681 LBS. 6,076,047 LBS.
ESTIMATEDPROOUCTION MAY, 1933 203,684,G93 L3S. 6,977,446 LBS. 14,385,896 LBS.
* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.

AVERAGE DAILY PURCHASES PCR PRODUCER*"
MAY ~ APH IL
1933 1932 1933 1932
TOTAL PURCHASES 371,369,237 LBS 369,352j944 LBS 317,120,839 LBS 30!,446,244 LBS
NUMBER OF PRODUCERS 82,353 80,834 78,656 75,634
AVERAGE DAILY I
PURCHASES PER
PRODUCER 144.59 LBS 147.40 LBS 130.06. LB 128.57 LBS
PERCENTAGE CHANGES
IN 1933 COMPARED 1;91 + 1.16
WITH 1932 .


PERCENTAGE CHANGE
PERCENTAGE CHANGE


IN MAY 1933 COMPARED WITH APRIL. 1933 + 11.17
IN MAY 1932 COMPARED WITH APRIL 1932 + 14.65


*.THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY FOR THE MANUFApTURE OF EVAPORATED
AND CONDENSED MILK.
(CONTINUED FROM.FIRST PAGE)


AVERAGE PRICE PAID PRODUCERS IN THE
UNITED STATES FOR 3.5 PER CENT MILK
DELIVERED CONDENSERIES IN JUNE WAS $1.00
PER CWT., COMPARED TO 93 CENTS PER CWT.
IN MAY, AND 81 CENTS PER CWT. IN JUNE,
1932.

THE TRADE OUTPUT OF EVAPORATED
MILK HAS CONTINUED FAVORABLE TO MANU-
FACTURER, 'WITH CONSUMPTION APPARENTLY
MORE -TAN 25 PER CENT HEAVIER THAN A
YEAR AGO. WHILE MOST DEALERS ARE NOW
REPORTED AS BEING ABLE TO FILL ORDERS AS
THEY ARE RECEIVED, THERE ARE STILL
OTHERS WHO REFUSE TO;QUOTE ANY BUT A
DATE OF SHIPMENT PRICE. RETAIL PRICES
IN SOME OF THE LARGER CHAIN STORES IN
THE EAST WERE QUOTED AT THREE TALL CANS
FOR 17 TO 19 CENTS, WITH THE LESSER-
KNOWN MARKS GENERALLY SELLING AT THE
FIRST-NAMED FIGURE.
EVAPORATED MILK PRODUCTION IN MAY',
THE LATEST MONTH FOR WHICH DEFINITE
COMPARATIVE FIGURES ARE AVAILABLE, WHILE
STILL NEARLY 12 PER CENT HEAVIER THAN A
YEAR AGO, SHOWED A SEASONAL INCREASE OF
BUT 19 PER CENT OVER THE MAKE OF THE
PREVIOUS MONTH. IN 1932, THE OUTPUT OF
EVAPORATED MILK WAS INCREASED BY. OVER
28 PER CENT FROM APRIL TO MAY, IN 1'931''
BY 25 PER CENT, AND IN 1930 BY 32 PER
CENT. THE RELATIVELY LIGHT GAIN IN PRO-
DUCTION THIS YEAR MAY BE ASCRIBED. TO .TWO
GENERAL CAUSES. FOR ONE THING, AVERAGE
DAILY MILK DELIVERIES PER PRODUCER TO
CONDENSERIES IN.MAY THIS YEAR WERE BUT
SLIGHTLY.OVER I 1 PER CENT'HEAV IER THAN
IN APRIL, WHILE IN MAY LAST.YEAR THE
INCREASE AMOUNTED TO NEARLY 15 PIE'R CENT.
IN ADDITION, THE NUMBERq.F,PROQUCERS
DELIVERING MILK TO CONDENSERIES, WHILE
STILL CONSIDERABLY LARGER THAN A YEAR
AGO, DID NOT SHOW THE INCREASE

JUNE
P896 PEL8O Z9ZL C
_ Illl IIII I lllllllllllll ll 111111111111 llllllllllll11111111111


EXPERIENCED A YEAR AGO. AS IT WAG, THE
MAKE OF EVAPORATED MLLK (CASE GOODS) IN
MAY TOTALED APPROXIMATELY 200,000,000
POUNDS,
THE JUNE I INVENTORY OF MANU-
FACTURERSI STOCKS OF EVAPORATED CASE GOODS
REVEALS A TOTAL OF ABOUT 48,000,000
POUNDS, THIS FIGURE .REPRESENTI-NG A 71 PER
CENT RE-DUCTI-ON UNDER SUPPLIES,ON HAND ON
THE ABOVE MENTIONED DATE A YEAR AGO, AND
OF C3 PER CENT UNDER 5-YEAR AVERAGE
STOCKS- EVAPORATED MILK STOCKS ON JUNE I
WERE THE LIGHTEST ON RECORD FOR THAT DATE.
AND EXCEEDED THE ALL-TIME RECORD LOW
STOCKS -OF MAY I 1Y ONLY ABOUT 11,000,000
POUNDS, DESRITE THE ACTIVE MOVEMENT INTO
CONSUMPTION, SUPPLIES OF EVAPORATED MILK
DURING MAY REVEALED AN ACCUMULATION OF 30
PER CENT, BUT THIS GAIN IS COMPARATIVELY
INSIGNIFICANT PARTICULARLY.WHEN THE STILL
RATHER LIBERAL PRODUCTION IS TAKEN INTO
CONS I DERAT I ON.
CONDENSED MILK MARKETS WERE ABOUT
STEADY IN JUNE AT GENERALLY UNCHANGED
QUOTATIONS. AS A RESULT OF THE EXTREMELY
'WARM WEATHER WHICH PREVAILED EARLY IN THE
MONTH, THERE WAS A SOMEWHAT IMPROVED
DEMAND FOF CONDENSED SKIM MILK, BUT THE
WHOLE MILK VARIETY MOVED RATHER SLOWLY
IN MOST QUARTERS. WHILE THE MAKE OF
CONDENSED MILK IN MAY WAS 5 rER CENT
LIGHTER THAN DURING THE SAME MONTH A YEAR
AGO, A GAIN OF NEARLY 31 PER CENT WAS
.REGISTERED OVER THE PREVIOUS MONTH. TOTAL
STOCKS OF BOTH CANNED AND BULK CONDENSED
MILK O.N J3)NE I AMOUNTING TO 18,000,000
POUNDS, WERE 2 PER CENT LIGHTER
.THAN. OJ. TI'E SAME DATE A YEAR AGO,
BUT 62 PER CENT HEAVIER THAN ON
MAY 1,'1933. -r..
*- '- F

CJ, IEI~ppFP




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