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:
AA00013239:00037


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UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU CF AGRICULTURAL ECONOMICo
MARKET NEWS SERVICE
MONTHLY EVAPORATED AND CONDENSED MI LK MARKET REPORT
(APRIL 1934)
No. ___ .-,ASH NTO~NL.. .__ __ APRIL 21, 1934
I NFOR:.AT ION IN TH IS MONTHS REPORT IS FUF:NI SHED BY' ALL FIRMS OF RECORD WHICH
MANUFACTURE CASE GOODS EVAPORATED MI LK OR CONDEINE,"D MIL..K, OR BOTH.
'PRICES PAID PRODUCER FOR 3.5 MILK c 0. 3. FCA'TOY FOR APRIL 1934*
NU!.tr,, OF FAC;TORI- S PRICE PER CWT.
GEOGRAPHIC SECTIONS ,
;_FPORTI NG / RANGE AVERAGE
NrW ENGLAND $ $ -
MIDDLE ATLANTIC* 1.23 1.23
SOUTH ATLANTIC ---
E. NORTH CENTRAL 2 1.04-1.15 1.10
W. NORTH CENTRAL -
SOUTH CENTRAL -
NORTH WESTERN I 1.03 1.03
SOUTH WESTERN _I __. .82 0.82
U.S. APRIL 1934 5 0.82-1.23 1.05
U.S. MARCH 1934*** 134 0.84-1.49 I.11
U.S. APRIL 1933 SC_ 0.65-1.02 0.81
**129 ADDITIONAL FACTORIES REPORTED PRICES NOT AVAILABLE AS YET, OR TO BE BASED IN
PART ON THE CURRENT MONTH'S WHCLESALE BUTTER OR BUTTER AND CHEESE QUOTATIONS, 17 OF
THESE BEING LOCATED IN N.Y. AND PA. 35 REPORTED PLANTS CLOSED. Nd 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 MARCH 1934
THE FOLLOWING REVISED PRICES PAID FOR MARCH MILK INCLUDE PRICES PUBLISHED
LAST MONTH, AND THOSE LATER REPORTED BY OTHER FIRMS,__
NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS REPORTING RANGE AVERAGE
NEW ENGLAND -- $ -
MIDDLE ATLANTIC 6 I.2-1.49 .33
SOUTH ATLANTIC 2 1.03 1.03.
E. NORTH CENTRAL 82 1 .0(-126 1.17
W. NORTH CENTRAL 8 1.02-1.16 .06
SOUTH CENTRAL 9 1.02- 03 1.03
NORTH WESTERN IC 0 .0- 1.07 0.97
SOUTH WESTERN 17 0.84-1. 14 1 .01
U.S MARCH 1934
(REVISED) J 134 0 84- -1. 49 1.11
NET WHOLESALE 3LLING PRICES IN CARLOTS F. 0.. D I STRI T I N OIN CINTS MARCH 1934

THE WHOLESALE PRICES (GIVEN .-LOW .; \ BASED ON THE REPORTS MADE BY MANU-ACTURERS
COVERING ACTUAL. SALES DELIVERED AT M.A;NUFACT' JRRS DISTRIBUTING DOITS ON BASIS OF
CASH OR SHORT TIME CREDIT.
--''-'- .AT..' !. L(K CONDENSED MILK
F. 0. 9. (PETr CASE C 43 14, iz. CANr.s) (PER CASE OF 48 14 oz. CANS)
_ANGE AVERAGEE RANGE AVERAGE
BOSTON '. 45-2.70 $4 .7-5-4.85 $4.82
NEW YORK CITYP 2.45-2.70 2.60 4.75-4.85 4.32
PHILDELPHIA 2.45-2.70 2.60 4.75-4.85 4.82
CHi-CAGO 2.35-2.' 0 2.50 5.25 5.25
CLEVELAND ..5-2. :0 2.50 -
ST. Louis 2. 3-2.0 2.51
KANSAS CITY 2 35-2.0 .51
MI NNESPOLIS-ST.PAIL 5-2 60 .50
ATLANTA 2 445-2.0 2.54
New ORLEANS 2.45-2.0 I 2.053 4.17-4.57 4.37
DENVER 2.45-2.60 2.54
SEATTLE 2.45-2.55 2.56
SAN FRFANCISCO 2 4-2. 0 2.55 -
Los ANGELES 45-2.60 2 .55 I__ __
AVERAGE WHOLESALELE SELLING PRICES 3Y (GEOGRAPHIC SECTIONS MARCH 1934
UNSWE TENED EVAPORATED 3WrETE-:N D CONDENSED SWEETENED CONDENSED
GEOGRAPHIC PERCASE OF ... CA OF BULK PER CWT.
SECTIONS 4 14 o. CAN) 4- 1 CANSOZ CAS) UNSKIMrMED SKIMMED
NEW ENGLAND $2.60 $4.37 $7.00 $4.50
MIDDLE ATLANTIC 2.56 4..07 7.31 4.40
SOUTH ATLANTIC 2.55 4. 3 7.00 4.69
E. N. CENTRAL 2.50 5.25 6.34 4.25
W. N. CENTRAL 2.51 6.58 4.45
SOUTH CENTRAL 2.52 4.75 7.00 4.69
NORTH WESTERN 2.57 7.00 4.69
SOUTH WESTERN 2.54 6.80 4.60
U. S. AVERAGE
MARCH 1934 $2.54 $4.88 $6.81 $4.46
U. S. AVERAGE
FEBRUARY 1934 $2.57 $4.90 6.85 $4.40
U. S. AVERAGE
MARCH 13A 3 L $2.08 $4.93 6.53 $4.09
EVAPORATED 'VILK PRODUCTION LIGHTER MARKETS STEADY TO FIRM
THIS MONTH'S CANNED MILK MARKETS INTEREST. MANUFACTURERS' REPORTS TO THE
ARE CHARACTERIZED DY SEVERAL DEVELOP-- 3IURLAU OF AGRICULTURAL ECONOMICS INDICATE
MENTS WHICH ARE OF MORE THAN PASSING FAIRLY HEAVY PRODUCTION IN MARCH, BUT THE
(CONTINUED ON NEXT PAGE)
*******l*************^^****************,*'**
*
NOTICE: THE MAILING LIST FOR THIS REPORT WAS RECENTLY CIRCULARIZED. THIS
IS THE LAST COPY WHICH WILL BE SENT TO YOUR ADDRESS, UNLESS THE CARD WHICH *
WAS PROVIDED IS RETURNED, OR WE ARE OTHERWISE ADVISED OF YOUR. DESIRE TO HAVE *
STHE REPORT CONTINUED. *
*** *** ******************************* C 4*********






PAGE 2
STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MICK -
TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING, WHETHER THEIR
OWN OR STOCKS OF OTHERS; WHET!-ER ON THEIR OWN PRE,'ISCS, IN STCRACE, OR IN TRANSIT
SJNSOLD) FOR '."ARE"OURE CONSI NMENj; AND WHETHER SOLD OR CONTRACTED FOR AND NOT
DELIVERED.
STOCKS AND PRODUCTION FIGURE FOR THC CURR-NT MONTH INCLUDE REPORTS FROM
PRACTICALLY ALL FI-PMS MANUFCTURIG THE CLP.SS-S OF MILK INDICATED.
EVAPrORTED ;MLK C9NDENSED MILK CONDENSED MILK
CASE GOoDS) CASE GOODS) (BULK GOODS)


TOTAL STOCKS ON APRIL I, 1934
NO. OF FIRMS REPORTING*


COMPARISON
APRIL I,
MARCH 1,
V CHANGE
FIRMS IN
APRIL I,
APRIL I,
% CHANGE
FIRMS IN


FOR SAME FIRMS:
1934
1934
DURING MONTH
COMPARISON
IS34
1933
FROM PREV. YEAR
COMPARISON*


COMPARISON FOR SAME FIRMS:
MARCH, 1934
FEBRUARY, 1934
o CHANGE CURING MONTH
FIRMS IN COMPARISON*
MARCH, 1934
MARCH, 1933
7 CHANGE FROM PREV. YEAR
FIRMS IN COMPARE I SON*

FINAL REVISIONS FOR LAST MONTH;
TOTAL STOCKS ON MAR. I, 1934


9 ,175, 317 LBS.
37


95,980,552 LBS.
112,936,473 LBS.
-I5.0ol
34
95,930,552 LBS.
50,546,143 LBs.
+39.89g
34



122,403,866 LBS.
95,654,423 LeS.
+27.964
.33
122,403,866 LBS.
140,337,092 LBS.
-12.78%
33


112,936,473 LBS.


TOTAL STOCKS
4,875,312 LsS.
8


4,875,312 LBS.
4,774,412 LBS.
+ 2.11
8
4,875,312 LBS.
5,934,927 LBS.
-17.85%
8

PRODUCTION

6,063,331 LBS.
4,355,285 LBS.
+39.22
7
6,063,33! LBS.
4,148,024 LBS.
+46.171
7


4,774,412 LBS.


4,822,894 LBS.
31


4,770,887 LBS.
5,872,809 LBS.
-18.76% .
29
3,919,467 LBS.
5,333,000 LBS.
-26.51o
24



7,250,237 LBS.
6,347,336 LBS.
+14.22% .
29
6,028,600 LBS.
6,081,733 LBS.
0.871
24


5,942,542 LBS.


ESTIMATED TOTAL PRODUCTION
MARCH, 1934 131,713,000 LBS. 6,081,000 LBS. 10,908,000 LBS.
I FIRMS, NOT FACTORIES. SOME FlIR.'S OPERkATE MORE THAN ONE FACTORY.

AVERAGE DA I L PURCHASrS PER PRODUCER*


TOTAL PURCHASES
NUMBER OF PURCHASES
AVERAGE DAILY
PURCHASES PER
PRODUCER


290,5


P34 RC 1933
1934 1933


04,645 Ls 279,283,903
81,170 75,049


115.45 LS 1 I 8.62


1----- FEBRUARY


LBS


LB s


1934


252,318,870
80,416


LBS


11 2 .06 LBS


PERCENTAGE CHANGES
IN 1934 COMPARED -2.37
WITH 1933 _
PERCENTAGE CHANCE IN MARCH 1934 COMPARED WITH FEBRUARY 1934


1933
236,024,276 LBS
74,327


113.41 LBS


-1.19


- + 3.03


PERCENTAGE CHANGE IN MARCH 1933 COMPARED WITH FEBRUARY 1933 + 4.59

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


MOVEMENT OF GOODS INTO TRADE CHANNELS'WAS
SUFFICIENTLY LARGE TO REDUCE STOCKS MORE
THAN USUALLY OCCURS DURING THAT MONTH.
THERE HAS BEEN A CONSIDERABLY HEAVIER
MOVEMENT INTO APPARENT CONSUMPTION SINCE
JANUARY I THIS YEAR THAN IN 1933, THE
INCREASE UP TO MVRCH I BEING APPROXIMATE-
LY 70 MILLION POUNDS IN THE CASE OF
EVAPORATED MILK, AND SOME 2 MILLION POUNDS
FOR CONDENSED CASE. ALONG WITH THIS HAS
BEEN A REDUCED PRODUCTION OF EVAPORATED
MILK UNDER LAST YEAR DURING THE SAME
PERIOD, WITH CONDENSED CASE SHOWING A
DECREASE FOR THE FIRST TWO MONTHS,
ALTHOUGH AN INCREASE IN MARCH. PRO-
DUCTION STATISTICS ARE STILL IN THE NATURE
OF ESTIMATES FOR THE PERIOD INVOLVED, BUT
IT APPEARS THAT FOR THE FIRST QUARTER OF
THE YEAR, FACTORY OUTPUT OF CONDENSED AND
EVAPORATED WILL BE AROUND 40 MILLION
POUNDS LESS THAN DURING THE FIRST
QUARTER OF 1933. THIS DECREASE IS IN
LINE WITH THE FALLING OFF OF OTHER MANU-
FACTURED DAIRY PRODUCTS, NOTABLY CREAMERY
BUTTER, WHICH FIRST BEGAN TO DECLINE IN
DECEMBER, AND HAS ALSO BEEN CONSISTENTLY
UNDER LAST YEAR SINCE JANUARY I. THIS
CHANGE IS ATTRIBUTED TO SHORT FEED
SUPPLIES, HIGH PRICES OF FEED IN RELATION
TO PRICES OF DAIRY PRODUCTS, AND A
SMALLER NUMBER OF COWS BEING MILKED.
APRIL I PASTURE CONDITIONS ARE STATED BY
THE U.S. CROP REPORTING BOARD TO HAVE
BEEN THE POOREST ON THAT DATE FOR TEN
YEARS, EXCEPT IN THE FAR WESTERN STATES.
THE ONLY INDEX OF PRODUCTION IN APRIL IS
THAT FOUND IN WEEKLY TRADE REPORTS COVER-


APRIL 1934


9SL6 PCL 9O Z9Z, .,,
........... .. .. '. HID I II


INS BUTTER, AND THESE SO FAR HAVE REVEAL-
ED BUT LITTLE PICK-UP.
MANUFACTURERS' STOCKS OF EVAPORAT-
ED MILK ON APRIL I AMOUNTED TO99,175,000
POUNDS, AN INCREASE OF 45 MILLION POUNDS,
OR 90 PER CENT OVER APRIL I, 1933. LAST
YEAR'IS STOCKS WERE VERY LOW, HOWEVER, SO
1THAT THE INCREASE IS OF LESS SIGNIFICANCE.
APR-!L I STOCKS OF EVAPORATED WERE 17
MILLI 'ON POUNDS LESS THAN THOSE OF MARCH I,
COMPARED WITH A 5-YEAR AVERAGE REDUCTION
OF ABOUT 13 MILLION POUNDS. STOCKS OF
CONDENSED MILK ON APRIL I WERE VERY
LIGHT, AMOUNTING TO LESS THAN 5 MILLION
POUNDS.
THE PRICE SITUATION SHOWS
PRACTICALLY NO CHANGE. MARKETING AGREE-
MENT PRICES HAVE BEEN QUITE GENERALLY
HELD TO ON EVAPORATED MILK. THERE HAVE
BEEN SOME NEW DEVELOPMENTS WITH RESPECT
TO BRANDS, SOME NEW BRANDS HAVING MADE
THEIR APPEARANCE IN THE LOWER PRICE
RANGE. RETAIL PRICES HAVE HIT SOME
RATHER LOW POINTS IN CERTAIN MARKETS,
WITH PRIVATE LABEL BRANDS SELLING
AT 4 CANI FOR 23 CENTS, COMPARED
WITH 3 CANS FOR 19 CENTS ON
BETTER KNOWN BRANDS. THE EXISTING
EVAPORATED MILK SITUATION,
INCLUDING PRICE SCHEDULES, IS
SCHEDULED TO BE CONSIDERED BY
MEMBERS OF THE INDUSTRY AT A
CONFERENCE IN CHICAGO THIS
WEEK.


UNIV. OF FL LI.
DOCUMEiNT DEFT




U.I. DIEPOITOfRY


--`-I'~-~"----I


I


L e S 112.06 LB


-I.19


---- -- ------




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