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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/AA00013239/00032
 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: AA00013239:00032

Full Text

UNITED STATES TEPART'.'ENT CF AGRICULTURE
3'F'EAGU OF AGRICULTURAL LCO.-4'AICS
M.\AiKT NE'.',- SERVICE

MONTHLY EVAPORATED AiND C"'NDEFNSED 'ILK :MARKET REPORT
----T---T-- .--- .-- - "-T-3-- __


I NI~TC~H. 0. 0.


NOVEMBER 22, 1933


INFORMATION IN THIS MONTH'S REPORT IS FURNISHED BY ALL FIRMS OF RECORD WHICH
MANUFACTURE CASE GOODS EVAPORATED MILK Of. CONDENSED '.'I L, OR BOTH.


PRICES PAID FRODUCERS FOR 3 5% MILK F


0 3 FACTORY FOR NOVEMBE 3*


GEOGRAPHIC SECTIONS NUMBER OF FACTORIES PRICE PER CWT.
REPORTING RANGE AVERAGE
NEW ENGLAND $ -
MIDDLE ATLANTIC** I 1.20 1.20
SOUTH ATLANTIC
E. NORTH CENTRAL 36 1.05-1.25 1.13
W. NORTH CENTRAL 5 0.96-1.10 1.02
SOUTH CENTRAL 4 0. 9-1.01 0.99
NORTH WESTERN 4 0.F4-1.1 0.96
SOUTH WESTERN 7 0.80-0.26 0.87
U.S. NOVEMBER 1933 57 0.80-1.25 1.07
U.S. OcrOBER 1933*** 132 0.75-1.64 1.10


U.S. NOVEMBER 1932


0.65-1.17


0.86


**75 ADDITIONAL FACTORIES RE-ORTED PRICES 'IOT AVAILABLE AS YET, OR TO BE DASED IN
PART ON THE CURRENT MONTH WHOLESALE BUTTER OR BUTTER AND CHEESE QUOTATIONS, 17 OF
THESE BEI NG LOCATED IN N.Y. AND PA. 35 REPORTED PLANTS CLOSED. NC PRICE INFORMANT InN
RECEIVED FROM R EA I N I NG Fi R'S. AVERAGE PRICES SHOWN FOR THE UNITED STATES DO NOT
INCLUDE ANY OF THESE FACTORIES. SUBJECT TO REVISION. *** REVISED.
PRICES PAID PRODUCERS FOR 3.50 MILK F. 0. B. FACTORY FOR OCTCOER 1933


THE FOLLOWING REVISED PRICES PAID FOR OCTODCR MILK INCLUDE PRICES PUBLISHED
LAST MONTH, AND THOSE LATER RErORTED BY OT!'-R FhIMS.


GEOGRAPHIC SECTIONS

NEW ENGLAND
MIDDLE ATLANTIC
SOUTH ATLANTIC
E. NORTH CENTRAL
N. NORTH CENTRAL
SCUTH CENTRAL
NORTH WESTERN
SOUTH WESTERN


U.S. OCTOBER 1S33
(REVsEDc)


--1 --


NUMBER OF FACTORIES
REPORTING


I1 ______ -


PRICE


RANGE


. 20- I .64
0.99-1.15
0.94- 1.55
0.06- 1. I
0.96-1.12
0.85-1.02
0.75-1,.04


ii. 765-I -I>4


'ER CWT.


-- -1- -


I


AVERAGE


$ -
1.38
1.07
1.14
S.02
1.00
0.95
0.95


NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DI TRIPUTING POINTS- OCTOBER 1933
(CASE Gnoos)
THE *'HOL-ESALE PRICES GIVEN BELOW ARE ,ASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVER ED -T '.AA,.'jUF,.CTUR -R-I1 DISTR IB UTI'IG PC.INTS ON BASIS -)F
CASH OR SHORT 1 IME CREDIT.


F. 0. B.


BOSTON
NEW YORK CITY
PH I LArELPH IA
CHICAGO
CLEVELAND
ST. Louis
KANSAS CITY
'l I NNCAPOL I S-ST. PAUL
ATF'ANTA
NEW ORLEANS
DENVER
SEATTLE
SAN FRANCISCO
Los ANGELS


EVAPORATED .1IlLK
('PER CASE OF 43 14 oz. CA'JS)


RANGE
$2.55-2.75
2.55-2.75
2.55-2.75
2.45-2.G0
2.45-2.65
2.45-2.r0
2.45-2.65
2.45-2.50
2.45-2.60
2.45-2.65
2.45-2.GO
2.50-2.35
2.45-2.65
2.45-2.60


AVERAGE


i. -R


$2.60
2.60
2.60
2.49
2.50
2.51
2.51
2.49
2.51
'.51
2.51
2.53
2.53
2.53


CONDENSED MILK
(PER CASE OF 43 14 oz. CANS)


RANGE


$4.75-4.90
4.75-4.90
4.75-4.90
5.25




3.37-5.00


AVERAGE


$4.83
4.83
4.03
5.25




4.49


AVE-.- LA __ --, _
AVERAGE 'IWHOLSALE -L SELLING PRICES BY GEOGRAPHIC SECT I ONS OCTORER 1733
GEOGRAPHIC UNSWEETENED EVAPORATED .W ETENED CONDENSED SW'ETENED CONDENSED
SECTIONS (PR CASE OF ER CAE OF ULK ER CWT.
E N 43 14i OZ. CANS) 4 14 OZ. CANS) UNSKI rMMED SKIMMED
NEw ENGLAND $2.61 $4 7 $7.17 $4.60
,"/DDLE ATLA'!TIC 2.5; 4.93 7.90 4.30
SOUTH ATLANTIC 2.56 4.82 7.17 4.79
. N. CENTRAL 2.52 5.25 6.67 4.44
W. N. CENTRAL 2.54 6.76 4.57
SOUTH CENTRAL 2.55 5,00 7.17 4.79
NORTH WESTERN 2.58 -7.17 5.10
So'TH "WESTERN 2.59 __7.38 4.72
J. S. AVERAGE
'CTOBER 1933 $2.57 $4.94 $7.10 $4.59


U. 3. AVERAGE
SEPTEMBER 1933
J. S. AVERAGE
OCTOBER 1932


$2.55

$2. 16


$4.93


$7.L14 $4.61


-I ________-.------- A


$4.08


EVAPORATED MILK STOCKS INCREASE DURING OCTOBER


T-HERE HAS BEEN CONSIDERABLE CHANGE
IN THE STATISTICAL POSITION OF EVAPORATED
MILK MARKETS SINCE \A MONTH AGO, AND WHILE
THESE CHANGES MAY HE REGARDED AS MORE OR
.-ESS UNFAVORABLE FROM THE STANDPOINT OF
A'#NUAFACTURLPS, THE GENERAL TONE OF THE
,MARKET RE' AiNS STEADY. /MILK AVA I LABLE
FOR USF BY CONDENSER IES CONTINUES TO BE
IN EXCESS OF AMOUNTS REC'JIRED FOR
CONDENSING PURPOSES, IN VIEW OF PRESENT


CONDITIONS, AND SURPLUSES ARE HAVING TO
'E DIV\-TED TO OTHER PRODUCTS, PRINCIPAL-
LY CUTTER.. THE REPORTED PRODUCTION OF
EVAPOR,\TED CASE IN OCTOBER WAS 11.7 PER
CENT LESS THAN SEPTEMBER -RODUCTION,
COMPARED TO A FIVE-YEAR AVERAGE REDUCTION
OF ADOUT 3 PER CENT. STILL, THE PACK OF
EVAPORATED CASE IN OCTOBER WAS 4 -ER CENT
OR MILLION POUNDS GREATER THAN IN
OCTOBER 1332, WHEN A PREVIOUS HIGH RECORD


(CONTINUED ON NEXT PAGE)
NOVE'ViJER 1933


No. 171


--


-----~


$6.91







PAGE 2
STOCKS AND PRODUCTION ';F EVAPORATED A'ND CONDENSED MILK

TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING, WHETHER THEIR
MWN OR STOCKS OF OTHERS; WHETHER ON THEIR. OWN :'RElES, IN STORAGE, OR IN TRANSIT
UNSOLD) FOR WAREHOUSE CONSIGNMENT; AND WHETHER SOLD CR CONTRACTED FOR AND NOT
DELIVEREO.
STOCKS AND PRODUCTION FIGURES FOR THE ClIRRENT MONTH INCLUDE REPORTS FROM
PRACTICALLY ALL FI RMS MANUF/i-CTURIING THE CLASSES OF ;II LK INDICATED.
E'./AORATED MA ILK 09NCENSED MILK CONDENSED MILK
(CASE GOODS (CASE GOODS) (BULK GOODS)_
GOOAs') =L_


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

COMPARISON FOR SAME FIRMS:
NOVEMBER I, 1933
OCTOBER I 1933
o CHANGE DURI NG MONTH
FIRMS IN COMPARISON
NOVEMBER 1, 1933
NOVEMBER I 1932
CHANGE FROM PREV. YEAR
FIRMS IN COMPARISON*

COMPARISON FOR SAME FIRMS:
OCTOBER, 1933
SEPTEMBER, 1933
o CHANGE DURING MONTH
FIRMS IN COMPARISON*
OCTOBER, 1933
OCTOBER, 1932
o CHANGE FROM PREV. YEAR
FIRMS IN COMPARI SON*


234,664,?49 LOS.
34


2.4,6'^,342S LSS.
208,493,238 LEs.
+12.55<,
34
233,217,449 LPS.
146,152,774 LBS.
+59.57'o


107,140,9 4 LBS.
121,415,744 LBS.
--11.760
33
105,644,334 LES.
101 ,;j42,00 L.Ps.
+ 3.94%
32


TOTAL STOCKS
13,198,199 LBS.
7


13,138,198 LBS.
14,683,251 LBa.
-10. I 1
7
13,198,198 LBS.
16,301,653 LoS.
19.044
7

PRODUCTION

4,036,493 LBS.
3,444,029 LES.
+17.20

4,036,493 LPS.
5,742,142 LOS.
-29. 70
6


10,512,213 LE3.
32


10,512,216 LBS.
10,345,113 LBS.
+ 1.62%
32
9,719,1,37 LBS.
8,231 ,4 1 L.PS.
+1 C07M
28



10,050,401 LBS.
10,043,138 LBS.
+ 0.02?
32
8,599,898 LI'S.
7,757,642 LIPS.
+IC. 86
29


FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON OCT. I, 1933 208,493,238 LBS. 14,683,251 LPS. 10,364,313 LBS.
ESTIMATED rPRODUCTION OCT. 1933 109,754,000 LUS. 4,042,000 LOs. 15,190,000 LeS.
* FIRMS, NT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.

AVERAGE DAILY PURCHASES PER PRODUCER*
OCTOBER SEPTEBER
1-7___3 | 1932_ 13333 1932
TCTAL PURCHASES 256,131,252 I.BS 229,219,644 Las 266,6-12,308 LBS 240,691,959 LOS
NUMBER OF PURCHASES 37,120 77,411 86,401 78,753
AVERAGE DAILY
PURCHASES PER
PROD-UCER 94.84 L.B; 95.52 LLS 102.87 LBS 101.87 Les
PERCENTAGE CHANGE'S
IN 1933 CO;oAREn 0.71 + 0.98
WITH 1932


PERCENTAGE CHANGE IN OCTOBER 1933 COM.P/'.RED WITH SEPTEMBER 1933
PERCENTAGE CHANGE IN OCTOBER 193.2 CC:.;ARED WITH' SEPTEMOER 1932


- 7.81
- q.23


* THESE FIGURES INCLUDE MILK PCUCHAG4ASD :P RIMi-.\RILY FOR TH- MANUFACTURE OF EVAPORATED
A:JD CONDENSED MILK.
(CONTINUED FRO:. FIP..T PAGE)


FOR OCTOBER WAS ESTABLISHED OF 105,5'4,C"X)
POUNDS. T:HE RATE OF M ILK PR.:ODUCTION IS
SA!D TO HAVE DRO''PED D ,'J.'ING RECENT WEEKS
IN SCCME OF THE MOi- /'.RES, AND IN PARTS OF THE CENTRAL 'WEST
THT: Fi,RM STRIKE RESULTED IN N4ON-DELIVE`RY
OF MILK TO CERTAIN PLANTS. IN CANE OF
THE L.,ATTEF,, THIS WOULD DEFINITELY AFFECT
CONDENSERY RECE PTS, BUT I l CASE OF THE
FORMER, IT IS QUITE POSSIBLE THAN, AN
INCREASED NUMBER OF COWS BEING MILKED
M'GHT ACTUALLY INCREASE RECEI PTS.

TOTAL PRODUCTION OF EVAPORATED
CASE FOR THE PEiIOD, JANUARY TO OCTOBER,
INCLUSIVE, IS ESTIMATED TO FE .,ROUND A
a; LLION AND A HALLF POUNDS, AND REPREkiSENTS
AN I NC;.E,SE OVEhi THE CCr.RE3.ONDI NG PE;'I D
C0- AST YE;;? OF ABOUT I3 PER CENT. HAD
THE MOVEMENT OF EVAPORATED MILK INTO
CGOjnIurr',PTION KEPT UP AT THE INCtEA-.ED RATE
OVER 1932, ,WHICH FEATURED THE LARLY HALF
CF THE YEAR, PRODUCTION INCREASES WOULD
HAVE A DIFFERENT :SIGNIFICANCE THAN THEY
MIOW HAVE, BUT ;'UJCi IS NOT THE CASE.
:rl.TEAD, THE,.E HA\S BEEN AN I INCREASING
TENDENCYEj FOR, STOCKS TO -'ILE UP IN MANU-
FACTUREr'S H-NDS. NOVEMBER I STOCKS OF
EVAPORATED CASE TOTALED 235 MILLION
-PO'JNDS, \AN INCREASE OF 89 MILLION POUNDS
OVER A YE.,,R EARLIER. ON OCTOBER I THE
SU;:.PL..JS OVER; OCTCBE 1 1932 WAS ONLY 32
MILLION POUNDS. FURTHERMORE, IT WILI. BE
NOTED THAT STOCKS THIS Y','E,, INCREASED
BETWEENN OCTOBER I AND NOVEIMER 1, WHICH
IS NOT THE 'NORMAL CHANGE. IN CONNECTION
WI I'r4 I':11 !:FFEREIICE TO MANI'JFACTJREIS I






6686 V l80 LZ9Z
1 IIi I1 111111 i ii11111111111111111111111111111111111111


STOCKS:, IT WOULD 3E OF INTEIRE::,T TO KNOW
WH,',T THE I'TU.,T I ON IS AS TO ;T'OCKi- HELD
RY W.OLE .ALE GROCEI.S OR OTHER nI ST,-I-
E'JTORS; TH.;'E CAN ONLY PE SPECULATION AS
TO W'!iT T'IS IS AT PI'ESErNT, FOR THE L',,T
REPORT W;:ICH TH;,0'.''S Af.l' LIGHT ON TIHl,T
PHASE, COVE.;S GEPTLELER, 30. AT THAT
TIME, Stock<' ; REPO"TEO DY 'REPP TENTATIVE
OI1TR I I CU TORS- OF TH I S TYPE WC-:: 25 .E;:
CE:JT HEAVIER THAN ON THE SAtlE ([),TC !N
1932. THERE Wt\n, !owEVE-R, A RcUEDucTION OF
ABOUT 10 PEi; CENT PETVILEN JUNE 30 AND
SE;'PTEM-lEi< :'-; T' I .- YE;AK, WH ILE IN 133
TH.-,E HAD p.IENP ALMOST A 50 PER CENT
I NC;;EA E. SOME EFFORT IN THE NJ,,TUi;E OF
LOW RETAIL 1ICES, HAS BEEN MIDE TO MOVE
EVAFPO.~/T'En MILK INTO CON..-UM; 'TION,
A.1THO')UH NC INFORMATION IS A"' HNO TO
INDICA,-IE HOVW SUCCES',FI.IL THIS 'WAA .

CONDENSED .'' K (CASE COODS) PRO-
DUCTION I; OCTC--O ."A-. ALMOST A THI t.D
LESS T,-I.N IN 0' .-i: LAST YE, BUT W'AS
HEAVIER : T.'AN IN .'_:'TEM:.l ER. IHE PRO-
DUCTION OF THIS CLASS OF GOODS IS LIGHT
AS COMdAR-'D WITH EVA "'rATED. NOVEMBER
STOCK OF 13 MILLION POUNDS WERI: 19 P-R
CENT RELOW A YEAF; /AGO.

WHOLESALE SELLI-C FP.'ICES OF DOTH
EVA 'O.,:TED AND CONDENSED CASE IN
OCTOBER ; WE.:E UNCHANGED FROM THE iEV I OUS
MONTH-. EVAPO,:ATED ;AL;':S AS fiEP'OI.TED BY
,/,,'t;F"CT '..RS RANGE FR')M A MI'Il', ; I _F
..45 prK CASE TO A MA-XIMt.j:., OF MU), .7.,
F.O.B. DISTRIBUTING POI TTS. CONIDE JNED
ASr AL-E CO NT I NUE WITH I NA iR,.NGE OF
4. 75. TO 5. 5, AVERAGING $4.94 i'ER CASE.

i jNiV, OKi -L Li..
DOCUMENTS DEPT




U.S. DFOoWTOrY