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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/AA00013239/00030
 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: AA00013239:00030

Full Text
2" --/ JQCUMENT8"EPT


UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET .' I SERVICE DP
U.b. DEPOhTIv~
;MONTHLY EVAPORATED AND CONDENSED MI LK MARKET REPORT-
(SEPTEMBER 1933)


WASH1NGTON D C


sCJPTFMBER C., I W.%


INFORMATION IN THIS REPORT REGARDING PRICES, STOCiKS AND PRODUCTION IS FURNISHED
BY EVAPORATED AND CONDENSED MILK FIRMS OPERATING 98, OF THE TOTAL CASE GOODS FACTOR-
IES IN THE UNITED STATES.
PRICES PAID PRODUCERS FOR 3.5Y MILK F. 0. B. FACTORY FOR SEPTEMBER 1933
GEOGRAPHIC NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS
REPORTING RANGE AVERAGE
NEW ENGLAND -
MIDDLE ATLANTIC* 1 1.20 1.20
SOUTH ATLANTIC 2 1.00-1.15 1.08
E. NORTH CENTRAL 52 0.92-1.15 1.12
W. NORTH CENTRAL 5 0.96-1.05 1.00
SOUTH CENTRAL 8 0.96-1.01 0.99
NORTH WESTERN 4 0.90-1.01 0.96
SOUTH WESTERN 7 0.78-1.01 0.90
U.S. SEPTEM:ER, 1933 79 0.78-1.20 1.07
U.S. AUGUST, 1933 83 0.84-1.30 1.10
U.S. SEPTEMBER, 1932 81 0.60-1.12 0.85
**64 ADDITIONAL FACTORIES RE ORTED PRICES TO BE BASED IN PART ON THE CURRENT MONTHtS
WHOLESALE BUTTER QUOTATION, 19 OF THESE BEING LOCATED IN N.Y. AND PA. 11 FACTORIES
REPORTED PRICES NOT DETERMINED AS YET AND 33 RE-'ORTED PLANTS CLOSED. NO PRICE INFOR-
MATION RECEIVED FROM REMAINING FIRMS. AVERAGE' PRICES SHOWN FOR THE UNITED STATES DO
NOT INCLUDE ANY OF THESE FACTORIES.

43 FACTORIES WHICH DID NOT AN'.(OUNCE PRICES IN ADVANCE REPORTED
PRICES ACTUALLY PAID FOR AUGUST AS FOLLOWS:


MIDDLE ATLANTIC 5 5 $1.22-1.80
E. NORTH CENTRAL 26 1.00-1.27
W. NORTH CENTRAL 2 1.01-1.08
SOUTH CENTRAL I 1.05
NORTH WESTERN 5 0.93-1.15
SOUTH WESTERN 7 0. r2-1.07


1.45
1.17
1.05
1.05
1.06
1.01


NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS AUGUST 1933
(CA:E GOODS)
THE WHOLESALE PRICES GIVEN BELCW' ARE BASED )N THE RE'O>,TS MADE DY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT 'AtANUFACTURE.RS DIS TRIBUTING POINTS ON DASI:S OF
CASH OR SHORT TIME CREDIT.


F. 0. B.

BOSTON
NEW YORK CITY
PHILADELPHIA
CHICAGO
CLEVELAND
ST. Louis
KANSAS CITY
MINNEAPOLIS-ST.PAUL
ATLANTA
NEW ORLEANS
DENVER
SEATTLE
SAN FRANCISCO
Los ANGELES


EVA ORA TED M: L K
(PER CAGE OF 48 -- 14; OZ. CANS)
RANGE AVERAGE


$2.35-2.75
2.35-2.75
2.35-2.75


2.35-2.50
2.35-2. 0
2.35-2.60
2.35-2.65
2.25-2.60
2.35-2.30
2.35-2.60


2.60
2.53
2.50
2. 52
2.53

2.55
2.55
2.52
2.55
2.53
2.53


CONDENSED MILK
(PFR CASE OF 48 14 oz. CANS)


RANGE


$4.75-4.90
4.75-4.90
4.75-4.90
5.25




3.97-5.00


AVERAGE


$4.83
4.83
4.83
5.25




4.49


AVERAGE WHOLESALE E SELLING PRICES BY GEOGRAPHIC SECTIONS AUGUST 1933
GEOGRAPHIC UNSWEETENED EVAPORATED SWEETENED CONDENSED SWEETENED CONDENSED
SECTIONS (PERCASE OF (PER CASE OF (BULK PER CWT.)
48 141 oz. CANS) 48 14 oz. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $2.58 $4.87 $7.3 $4.62
MIDDLE ATLANTIC 2.54 4.93 8.56 4.48
SOUTH ATLANTIC 2.55 4.02 7.38 4.92
E. N. CENTRAL 2.51 5.25 6.30 4.46
W. N. CENTRAL 2.51 6.90 4.563
SOUTH CENTRAL 2.55 5.00 7. 3 4.92
NORTH WESTERN 2.54 7.3u 4.92
SOUTH WESTERN 2.53 7.41 4.80
U. S. AVERAGE
AUGUST 1933 $2.54 _$4.94 $7.30 $4.65
U. S. AVERAGE
JULY 1933 $2.53 $4.94 $7.15 $4.59
U. S. AVERAGE
AUGUST 1932 $2.12 $4.75 $6.93 $4.19


STEADY TONE IN EVAPORATED MILK MARKETS


REGARDLESS OF SOME CHANGES IN THE
STATISTICAL POSITION AFFECTING CONDENSED
AND EVAPORATED MILK, THE TONE OF MARKETS
ON THESE PRODUCTS IS LITTLE DIFFERENT
FROM A MONTH AGO. REPORTS TO THE U.S.
BUREAU OF AGRICULTURAL ECONOvMICS INDICATE
THAT DEf.1,,N I; F.l., T-' GOOD, TH..T ii'"LIE
H,,VE BEEN AMPL.E TO H'AKE '.-.MPT DELIVERIES,
AND TH,,T ', GENE.:;.LLY STEADY M,,-.KET Hi.3
PREVAILED THIS MONTH.
THE MARKETING AGREEMENT COVERING
.EVAPORATED i.ILK HAS BEEN SIGNED AND IN


EFFECT SINCE SEPTEMBER 9. THE PRICE
RANGE NAMED ORIGINALLY IN THi AGREEMENT
WAS $2.45 TO $2.60 PER CASE, BUT THIS WAS
LATER MODIFIED WITH RESPECT TO CERTAIN
AREAS, IN WHICH AN INCREASE OF IS CENTS
PER CASE OVER THESE PRICES IS AUTHORIZED.
THE PARTICULAR SECTIONS TO WHICH THIS
INCREASE A-'PLIES ARE THE NFW ENGLAND
STATES, NEW YORK, NEW JERSEY, DELAWARE,
MARYLAND AND THE EASTERN HALF OF
PENNSYLVANIA. REPORTS COVERING AUGUST
SALES SHOW THAT THERE WAS NO CHANGE LAST


(OVER)

SEPTEMBER 1933


Mn. I C


'


'









PAGE 2


STOCKS AND PRODUCTION OF EVAPORATED AND CrONDEI_'ED 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 98o OF THE TOTAL FACTORIES IN THE UNITED STATES.


EVAPORATED M LK CONDENSED MI LK
(CASE GOODS) (CASE GOODS)


C NDENSED MI K
(BULK GOODS)


TOTAL STOCKS ON SEPT. I, 1933
NO. OF FIRMS REPORTING*

COMPARISON FOR SAME FIRMS:
SEPTEMBER I, 1933
AUGUST 1, 1933
% CHANGE DURING MONTH
FIRMS IN COMPARISON
SEPTEMBER I, 1933
SEPTEMBER I, 1932
o CHANGE FROM PREV. YEAR
FIRMS IN COMPARISON*

COMPARISON rOR SAME FIRMS:
AUGUST, 1933
JULY, 1333
o CHANGE DURING MONTH
FIRMS IN COMPARISON*
AUGUST, 1933
'AUGUST, 1932
o CHANGE FROM PREV. YEAR
FIRMS IN COMPARISON*


177,536,394 LBS.
34


175,946,027 LBs.
131,980,000 LOS.
+34.077
33
176,946,027 LBS.
190,858,893 LBS.
7.29"
33



143,379,136 LBS.
163,800,356 LPS.
-15.061
32
143,372,136 LBS.
129,058,206 LBS.
+11. 104
32


TOTAL STOCKS
16,427,911 LBS.
7


16,427,91 1 LBS.
16,932,426 LBS.
2.98/o
7
16,427,911 LBS.
20,537,330 LBS.
-20.01 o
7

PRODUCT I ON

4,241,406 LBS.
4,803,220 LOS.
-I I.70,o
6
4,241,406 LES.
4,757,737 LBS.
-10.85Fo
6


10,858,690 LBS.
28


10,607,019 LBS.
11,437,395 LBS.
7.26%
22
10,b27,957 LBS.
11,916,038 LBS.
-1 1.65;
21



6,707,370 LBS.
7,123,008 LBS.
5.84'
23
6,476,288 LBS.
6,547,766 LBS.
1.09
22


FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON AUG. 1P, 1933 131,987,134 LOS. 16,937,043 LBS. 11,391,649 LBS.
ESTIMATED PRODUCTION AuG.,1933 149,757,000 LUG. 4,242,000 LBS. 11,462,000 LBS.
* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.

'AVE AGE DAILY PURCHASES PER PRODUCER*


AUGUST


1933


1932


I933


JULY


1932


TOTAL PURCHASES 318,317,334 LBS ;',1,156,710 LOBS351,145,190 LBS 323,164,047 LBS
NUMBER OF PURCHASES 84,446 80,961 84,158 82,755
AVERAGE DAILY
PURCHASES PER
PRODUCER 121.0G Les 111.63 LBS 134.60 LBS 125.97 LBU
PERCENTAGE CHANGES
IN 1933 COMPARED + 8.93 + S.85
WITH 1932____
I ___ i


PERCENTAGE CHANGE IN AUGUST 1033 COOPA:E.D WITH JULY 1933
PERCENTAGE CHANGE IN A'GUST 1932 COMPARED WITH JULY 1932


- 9.66
- 1.1.38


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

(CONTINUED FROM FIRET PAGE)


MONTH IN PRICES OF EITHER EVAPORATEd OR
CONDENSED FROM THOSE REPORTED FOR JULY,
WITH AN AVERAGE FOR ALL SECTIONS OF$2.54
PER CASE FOR THE FORMER, AND $4.94 FOR
TIE LATTER. THESE PRICES AiE 42 CENTS
AND 19 CENTS RESPECTIVELY, ABOVE THE
AUGUST 1932 AVERAGES. AUGUST PRICES OF
BULK CONDENSED WERE SLIGHTLY HIGHER THAN
IN JULY.

PRICES TO PRODUCERS FOR SEPTEMBER
MILK AyERAGE SLIGHTLY LESS THAN AUG ST
BEING 1.07 PER CWT. COMPARED WITH Il.i0
LAST MONTH. EXCEPT FOR THE EAST NORTH
CENTRAL SECTION WHICH INCLUDES OHIO,
INDIANA, ILLINOIS, MICHIGAN AND WISCONSIN,
ALL SECTIONS SHOW CHANGES. THE LARGEST
REDUCTIONS WERE IN THE FAR WESTERN STATES,
AND RANGED FROM 7 TO 9 CENTS PER CWT.

STOCKS OF EVAPORATED AND CONDENSED
MILK HAVE INCREASED EACH MONTH SINCE MAY,
WHEN THEY WERE AT RECORD LOW LEVELS. ON
THAT DATE, STOCKS OF EVAPORATED CASE WERE
REPORTED AT 36,975,000 POUNDS A DECREASE
UNDER A YEAR EARLIER OF OVER 6 PER CENT.
UP TO AND INCLUDING SEPTEMBER I, THE
INCREASE HAS BEEN STEADY. USUALLY THE
PEAK OF STOCKS IG REACHED ON AUGUST I,
BUT IN VIE'. OF THE CURRENT SEASON'S LOW
INVENTORIES JUST REFERRED TO, AND ALSO
OF STOCKS WHICH ARE CONSIDERABLY BELOW
AVERAGE, AS WELL AS THE FACT THAT THERE


HAS BEEN A REMARKABLE MOVEMENT OF
EVAPORATED MILK INTO CONSUMPTION THIS
YEAR, THERE IS NO APPARENT WORRY OVER
THE STOCKS SITUATION. SUPPLIES OF
EVAPORATED CASE GOODS IN MANUFACTURERS'
HANDS ON SEPTEMBER I TOTALED 177,533,000
POUNDS, AN INCREASE OF 34 PER CENT OVER
AUGUST 1, ALTHOUGH A DECREASE OF 7 PER
CENT UNDER LAST YEAR. CONDENSED CASE
STOCKS. ON SEPTEMBER I OF 16,428,000
POUNDS WERE 20 PER CENT UNDER A YEAR AGO,
AND ABOUT 3. PER CENT BELOW AUGUST I.

PRODUCTION OF EVAPORATED CASE
CONTINUES T.O SHOW INCREASES AUGUST BEING
II PER CENT OVER AUGUST 1932, WHEN TOTAL
PRODUCTION WAS 134,797,000 POUNDS, THE
PREVIOUS HIGH RECORD FOR THAT MONTH. THE
NEXT NEAREST APPROACH TO THIS RECORD WAS
IN AUGUST 1929, WHEN PRODUCTION WAS
128,256,000 POUNDS. CONDENSED CASE PRO-
DUCTION CONTINUES LOW, ONLY SLIGHTLY
OVER 4 MILLION POUNDS IN AUGUST, AND A
DECREASE OF APPROXIMATELY II PER CENT
BELOW LAST YEAR. CONDENSED BULK WAS
ABOUT I PER CENT LESS THAN LAST YEAR IN
AUGUST. Foi- THE CALENDAR YEAR TO
SEPTEMBER I, EVAPORATED CASE PRODUCTION
IS ESTIMATED TO HAVE EXCEEDED THE CORRE-
SPONDING PERIOD OF 1932 BY 14 PER CENT,
AND CONDENSED TO HAVE DECLINED 19 PER CEN
FIGURES ON PRODUCTION SINCE SEPTEMBER I
AkE NOT AVAILABLE, BUT IT IS REPORTED
THAT CONSIDERABLE SURPLUS MILK IN CERTAIN
FLUID MILK AREAS IS BEING EVAPORATED.


SEPTEMBER 1933


PVll 6 f'L90 Z9Z E
11 111 I1111 lt 11111 III 111111 1111 1111 111 11111 III III 111111 I II U


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