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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/AA00013239/00034
 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: AA00013239:00034

Full Text


S UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARI/ET NEWS SERVICE

MONTHLY EVAPORATED AND CONDENSED ILK MARKET REPORT
(JANUARY 1934)


WASHINGTON D. C.


JANUARY 23. 1934


INFORMATION IN THIS MONTH'S RE-ORT IS FURNISHED BY ALL FIRMS OF RECORD WHICH
MANUFACTURE CASE GOODS EVAPORATED ,MILK OR CC'!iDENSED MILK, OR LOTH.


PRICES PAID PRODUCERS FOR 3.50 MILK F.


GEOGRAPHIC SECTIONS


NUMBER OF FACTORIES


0. B. FACTORY C0QR JANUARY 1934*


PR IC PER CWT.


______________ REORTING RANGE AVERAGE
NEW ENGLAND $ -
MIDDLE ATLANTIC** 1 1. I
SOUTH ATLANTIC
E. NORTH CENTRAL 10 0.4-1. 15 0.99
W. NORTH CENTRAL -
SOUTH CENTRAL
NORTH WESTERN 2 0.70-0.93 0.82
SOUTH WESTERN .5 0.68-0.80 0.72
U.S. JANUARY 1934 8 0.68-1. 15 00.89
U.S. DECEMBER IS34*** 127 0.75-1.76 1.00
U.S. JANUARy 19 338 82 0.83-1.17 0.95
**115 ADDITIONAL FACTOR'S REPORTED PRICES NOT AVAILABLE AS YET, OR TO BE PASED IN
PART ON THE CURRENT MONTHilS WHOLESALE BUTTER OR SUTTER AND CHEESE QUOTATIONS, 17 OF
THESE BEING LOCATED IN N.Y. AND PA. 35 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, SUBJECT TO REVISION. *** REVISED.

PRICES PAID PRODUCERS FOR 3.5- MILK F. 0. B. FACTORY FOR DECEMBER 1933


THE FOLLOWING REVISED PRICES PAID FOR
I A T hnMTLH Al Mn TUnC D -r--m n i i


DECEMBER MILK INCLUDE PRICES PUBLISHED


i* I A I iE OE C Y H EU Il r I RMIVo*
NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS
REPORTING RANGE AVERAGE
NEW ENGLAND $ -
MIDDLE ATLANTIC 8 I.5-1.76 135
SOUTH ATLANTIC 2 0.88 0.83
E. NORTH CENTRAL 80 0.76-1.40 1.03
W. NORTH CENTRAL 8 0.86-1.05 0.93
SCUTH CENTRAL 9 0.79-0.97 0.90
NORTH WESTERN 8 0.77-0.92 0.83
SOUTH WESTERN 14 0.81-0.95 0.90
U.S. DECEMBER 1933
(REVISED) 127 00.76-1.75 1.00

NET WHOLESALE SELLING PRICES IN CARLOTS F.0.B. DISTRIBUTING POINTS DECEMBER 1933
(CASE COODS)
THE WHOLESALE PRICES GIVEN BELOW /ARE BASED ON THE RE-ORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTUREI:St DISTRIBUTING POINTS ON BASIS OF
CASH OR SHORT TIME CREDIT.


F. 0. B.


BOSTON
NEW YORK CITY
PHILADELPHIA
CHI CAGO
PLEVELAND
ST. Louis
KANSAS CITY
MINNEAPOLI S-ST.PAUL
ATLANTA
NEW ORLEANS
DENVER
SEATTLE
SAN FRANCISCO
Los ANGELES


EVAP;ORAT: U MI LK
(PER CASE OF 40 141 oZ. CANS)


RANGE
-$2.55-2. 70
2.55-2.70
2.5:-2.70
2.45-2.60
2.45-2.60
2.45-2.60
2.45-2.60
2.45-2.60
2.45-2.S0
2.45-2.60
2.45-2.60
2.45-2.60
2.50-2.60
2.45-2.60


A\VFRArF


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


RANGE


AVERAGE


I J .--- I


$2. 61

.60
, .49
2.51
2.51
2.51
2.50
2.51
2.51
2.53
2.54
2.55
2.54


$4.75-4.85
4.75-4.85
4.75-4.85
5.25




4.17-5.00


$4.82
4.82
4.82
5.25




4.59


AV
GEOGRA
SECTI

NEW ENGL
MIDDLE A
SOUTH AT
E. N. CE
W. N. CE
SOUTH CE
NORTH WE
SOUTH WE


ERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS DECEMBER 1933
PHIC UNSWEETENED EVAPORATED SW~ETENED CONDENSED SWE ETENED CONDENSED
PONS (PER CASE OF (PER CASE OF BULK PER CWT.)
48 14- oz. CANS) 48 14 oz. CANS) UNSKIMMED SKIMMED
AND $2.59 $4.87 77.15 I 4.46
TLANTIC 2.57 4.95 7.53 4.50
LANTIC 2.56 4.30 7.15 4.80
NTRAL 2.49 5.25 6.60 4.39
NTRAL 2.51 -6.93 4.67
NTRAL 2.52 5.00 7.15 4.80
STERN 2.56 7.15 5.00
STERN 2.55 7 15 4.75


$4 95


47.04


$4.61


U. S. AVERAGE
NOVEMBER 1933 $2.56 $4.95 $7.20 $4.67
U. S. AVERAGE
DECEMBER 1932 $2.42 $4.93 $6.77 $4.10


EVAPORATED MILK MARKETS STRENGTHEN UNDER INCREASED BUYING


MOST OF THE REPORTS REGARDING
EVAPORATED AND CONDENSED MILK MARKETS
INDICATE THAT THE TONE IS STEADY TO FIRM,
DUE TO A SLIGHT PICK-UP IN TRADE SINCE
THE FIRST OF THE YEAR. THIS BUYING SEEMS
TO BE BY JOBBERS AND WHOLESALERS WHO ARE


REPLENISHING LOW STOCKS AND INCREASING
INVENTORIES SOMEWHAT. THE MORE OPTIMISTIC.
OF THE MANUFACTURING TRADE ARE OF THE
OPINION THAT AN INCREASING VOLUME OF SUCC
BUYING MAY BE EXPECTED DURING THE NEXT
MONTH OR TWO.


(CONTINUED ON NEXT PAGE)

JANUARY 1934


No. 173


U. S. AVERAGE
nFRFMRFR 1933


'A , H C


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----~-~ -" ----- '


I


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C2- 55








PAGE 2
STOCKS AND P-.DUCTION OF EVAP0 ATED AND CCNDENSED VILK
TOTAL STOCKS INCLLJDE 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 CONSI GNMENT; AND WHETHER OPOLD OP CONTRACTED FOR AND NOT
DELIVERED.
STOCKS AND PRODUCT ON F I URES FOR THE CURRENT MONTH INCLUDE RE IORTS FROM
PRACTICALLY ALL FIRMS M .NUF-ACTURING THE CLASSES OF MILK INDICATED'.


EVA-O, ( 2ASF GOrTnOD


CONDENSED V.I K
I F G"n n r.c1


CONDENSED MIK
PUL Ri1 ^nnnmc


TOTAL STOCKS ON JAN. I, 1934
NO. OF FI F,MS RE:'ORTI NG*

COMPARISON FOR SAME FIMS!
JANUARY 1, 1934
DECEMBER I, 1933
CHANGE DURING MONTH
FIRMS IN COMPARISON
JANUARY I, 1934
JANUARY 1, 1933
b CHANGE FROM PREV. YEAR
FIRMS IN COMPARISON*

COMPARISON FOR SAME FIRMS:
DECEMBER, 1933
NOVEMBER, 1933
CHANGE DURING MONTH
FIR MS IN COMPAiRI SON*
DECEMBER, 1933
DECEMBER, 1932
o CHANCE FROM PREV. YEAP
FIRMS IN CO/.PAR I SON*


210,406,804 LBS.
35


210,406,804 LOS.
225,040,450 LBS.
6.50%
35
208,900,804 LSS.
100,065,412 LEs.
+108.76b
34



82,317,846 LES.
70,524,877 LBJ.
+16. 72%
34
30,736,6/" LBS.
39 ,547,F "' .. LSs.
-I ;. j30,
33


TOTAL STOCKS
9,133,525 LBS.
7


9,136,525 LBS.
10,783,413 LBS.
15.27e
7
9,136,525 LBS.
12,234,107 LBS.
-25.322
7

PRODUCT ON

4,443,700 LBS.
4,014,277 LSS.
+10.75 I

4,445,700 Lns.
5,289,430 L.S.
-15.95
3


9,547,371 LBS,
30


9,547,371 LBS.
9,728,049 LBS.
1.86%
30
8,162,190 LBS.
7,055,570 Las.
+15.68
24



7,327,609 LBS.
6,766,610 LOS.
+ 8.29%
29
5,650,226 LBS.
6,212,815 LBS.
9.06
23


FINAL REVISIONS FOr- LAST MONTH:
TOTAL STOCKS ON DEC. I, 1933 225,040,450 LOS. 10,783,413 LOS. 9,813,303 LeS.
ESTIMATED TOTAL PiODUCTION
DECEMBER, 19334 84,972 ,0n LEn. 4,4I51,000 LBS. 10,257,000 LBS.
* FIr'.S, NOT F,.CTOR I CS. SOME FI RlMS OPERiATE MCiE THAN ONE FACTORY.

AVERAGE DAILY PURCHASES PE; P.ODJCER*


TOTAL PURCHASES
NUMBER OF PURCHASES
AVERAGE DAILY
PURCHASES PER
PRODUCER
PERCENTAGE CHANGES
IN 1933 COMPARED
WITH 1932


D--rC-___DCPER
1933 1 32 '
236,983,413 LBS,224,3,-o,391 LBS
32,771 74,741


92.36 L.BS 96.83 LBS


- 4.62


1____33
204,394,548
83,491


81.80


NOVEMBER


LOS


1932
207,473,437 LBS
75,302


LBSJ 91.23 LBS


- 10.34


PERCENTAGE CHANGE IN DECEMBER 1 03 COMPAREnc WITH NOVEMER 1933 + 12.91
PERCENTAGE CHANGE I DECEMBER 1332 COMP,,RED WITH NOVEMBER 1 932 + 6.14
* THESE FIGURES INCLUDE MILK PURCHASED P I MA I LY FOR THE MANUFACTURE OF EVAPORATED
AND CONDENSED MILK.

(CONTINUED FiROM F I R;T PAGE)


SELLING PiICES SHOW NO CHANGE
GENERALLY FROM A MONTH AGO. PRICES OF
EVAPORATED CASE ARE ESTAL I HED UNDER
THE MARKETING AGREEMENT IN EFFECT, AND
WHILE THERE IS NO AGREEMENT COVERING
CONDENSED CASE, THIS CLASS OF GOODS
CONTINUES TO MOVE AT rPRICES SIMILAR TO
THOSE PREVAILING LAST MONTH. APPARENT
TRADE OUTPUT CONTINUES TO FALL WELL
BELOW THAT OF CORRESPONDING PERIODS A
YEAR AGO, BUT ALONG WITH THIS THEiE HAS
BEEN A DROPPING OFF OF PRODUCTION, WHICH
RELIEVES THE SITUATION TO SOME EXTENT.
IT IS OF INTEREST TO NOTE THP.T R;EOFO TS
FROM CHICAGO TELL OF A SHARP INCREASE IN
-ETAIL SALES OF EVAPO-ATED CASE OURI NG
THE RECENT MILK STRIKE IN THAT AREA.
S.JCH WAS TO BE EXPECTED.

DECEMBER PRODUCTION OF EVAPORATED
MILK WAS IC PER CENT SELOW THAT OF
DECEMIEIER 1932, U'T INCfEASES DURING
EARLIEi, MONTHS OF THE YEAR ACCOUNTED FOR
A CALENDAR YEAR INCREASE OF 140 MILLION
O:JNDS, OR: S PE; CENT MORE THAN THE 1932
PRODUCTION. CONDENSED MILK PRODUCTION
WAS LESS IN DECEMBER AND FOR THE FULL
YEAR THAN IN 1932. THE DECEMBER DECREASE
ALONE WAS 16.3 PER CENT, AND THE ANNUAL
DECREASE WAS ALMOST 1 r-'ER CENT. CURRENT


i kEPOr-TS A:RE TO THE EFFECT THAT SOME
CONDENSE,.IES ARE DIVERTING MILK TO BUTTER,
BUT THIS HAS NOT BEEN VERIFIED TO THE
EXTENT OF APPRECIABLE QUANTITIES. BUTTER
PRODUCTT ION IS CONS!DERADLY DELOW A YEAR
AGO, AND HAS BEEN FOR SOME WEEKS, SO THAT
TOTAL MILK PRODUCTION IS APPARENTLY LOWER
THE CR,'P REPORTING BO.,\D OF THIS BUREAU
ATTRIBUTED THE LOW 'ILK PRODUCTION PEi'
COW ON JANUARY I TO VA:ID13LS CAUSES,
INCLUDING LOW PRICES OF Dl P;:ODL'CTS,
THE RELATIVELY HIGH CO'T :F O*R AIN, COLD
WEATHER IN SOME SECTIONS, AND A DECREASE
IN FALL AND EARLY WINTER FRESHENING OF
COWS.
TOTAL STOCKS OF EVAPORATED MILK ON
JANIJARY I AMOUNTED TO 210,407,000 -OUNDS,
WHICH WAS MORE THAN A 100 PER CENT
I NCREA ,E OVER JANUARY I, 1I33, AND ALMOST
A 50 PER CENT INCREASE OVER THE JANUARY I
FIVE-YEAR AVERAGE. THESE JANUARY I
STOCKS ARE THE HEAVIEST FOR THAT DATE
SINCE 1931, BUT IF PRODUCTION CONTINUES
TO FALL OFF, AND CONSUMPTION PICKS UP,
THEY MAY NOT PR VE TO BE BURDENSCME.
CONDENSED MILK (CASE GOODS) STOCKS OF 9
MILLION POUNDS ON THE SAME DTE WERE
AUOUT 25 PER CENT Q LOW A YEAR EARLIER
AND WERE CLOSE TO O PER CENT BELOW THE
JANUARY I AVERAGE.


Iil.6 'LO Z9Zil l JANUARY 1934

I 1 III111111 II II I I III III I1 GIH


UNIV. OF FL LII.
rgCUM ENT DEPOT.

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