<%BANNER%>

UF UFIR



PRIVATE ITEM
Digitization of this item is currently in progress.
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/AA00013239/00051
 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: AA00013239:00051

Full Text

R9~.!ol,-r r qSf~b


MONTHLY EVAPORATED A\:D CONDEMNED MIL;K MARKET REPORT
(JUNE 1935)


No. 190


WASHINGTON 10.


JUNE 22. 1935


INFORMATION IN THIS MONTHS REPORT 10 FURNISHr:D BY ALL FIRMS OF RECORD WHICH
MANUFACTURE CASE GOODS EVAPORATED MILK OR CONDENSED MILK, OR BOTH.

PRICES PAID PRODUER-, FOR 3.5', MILK F. 0. B. FACTORY r ,-, MAY 1935*
GEOGRAPHIC SECTIONS NUMBER OF FACTORIEGI PRICE PER CWT.
GEORAHIC SECT S REPORTING l RANGE AVERAGE
NEW ENGLAND- $ -
MIDDLE ATLANTIC S 3 1.3- 1.58 1.41
SOUTH ATLANTIC 2 1.09-1.30 1 1.20
E. NORTH CENTRAL SS 1.20-1.50 .23
W. NORTH CENTRAL 9 1.09-1.35 1.18
SOUTH CENTRAL 9 I 1.09-1.25 1 .11
NORTH 'A'ESTERN 10 1.04-1.23 1.16
SOUTH 'NESTERN 20 [08-1 O-.35 1.28
U.S. MAY 1935 142 1.04-1.58 1.23
U.S. APR.1935 142 113-1.G7 1.46
U.S. MAY 1334 138 i 0.74-1.37 1.06
*NOTE: THE INFORMATION CARRIED IN THE BODY OF THIS TABLE APPLIES TO THE PREVIOUS
MONTH RATHER THAN THE CURRENT '.;ONTH. UNDEI THE PROVISIONS OF THE EVAPORATED MILK
MARKET ING AGREEMENT NOW IN EFFECT, MOST MANUFACTURERS CALCULATE PRICES PAID PRO-
DUCERS BY FORMULAS WHICH TAKE INTO ACCOUNT THE CURRENT MONTH'S AVERAGE WHOLESALE
BUTTER MARKET QUOTATIONS. THESE AVERAG3ES-. ARE NOT AVAILABLE AT THIS TIME.
PRICES PAID PRODUCERS ACCORDING TO EOGRAPHIlC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.


SECTION I
"1 2
3
4
5
U.S. AVERAGE
U.S. AVERAGE


MAY I935
i 1.24
1.41
1.13
1.21
1.20
1.30
1.23


APR iL 1935 MAY I1"34
" '~'T"."5"r~- ---*-- -------- - T -i
I.SI .24
1.41 0.98
I.26 0.84
1.2 0.87
1.35 0.98
I1.46 1.06


NET WHOLESALE SELLING PRICES IN CARLOTS F.0.B. DISTR13UTING POINTS MAY 1935
(GAOE GOODS
THE WHOLESALE PRICES GIVEN BELOW ARE DASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTUR'FERS' DISTRIBUTING POINTST S ON BASIS OF
CASH OR SHORT TIME CREDIT.
EVAPOFRATE.D i j LK C-ONDENSED MI LK
F, 0. B. (PER CASE: OF 48 14. OZ. CANS) (PER CA.;E jF 48 14 oz. CANS)
I RANGE AVERAGE RANGE AVERAGE
BOSTON $2.55-3.00 $2.87 $4.50-4.85 $4.73
NEWr YORK CITY 2.55-3.00 2.87 4.31-4.90 4.65
PHILADELPHIA 2.55-3.00 2. u7 4.75-4.85 4.82
CHICAGO 2 70-2.90 2.81 .5.25 5.25
CLEVELAND 2.70-2.90 2.81- -
ST. Louis 2.70-2.90 2.80 -
KANSAS CITY 2.70-2.90 2.81 -
MI'NNEAPOLIS-ST.PAUL 2.70-2.0 2.79 -
ATLANTA 2, 70-2.90 2.0 -
NEW ORLEANS 2 74-2.90 2. 1 4.02-5.0U 4.30
DENVER 2.74-2.00 2 C
SEATTLE 70-2.90 2,82
SAN FRANCISCO 2.74-2.90 2.85 5.39 5.39
Los ANGELES 2 74-2.90 2.85 5.39 5.39


AVERAGE OI-OLESALE SELLING PRICES BY GEOGRAPHIC SECT
UNSWEETENED EVAPO'RATEDI SWEETENED CONDENSED
(PER CASE OF (PER CASE OF
48 14 oz. CANS) 4 14 oz. CANS)
'''E7


NE'; ENGLAND
MIDDLE ATLANTIC
SOUTH ATLANTIC
E. N. CENTRAL
W. N. CENTRAL
SOUTH CENTRAL
NORTH WESTERN
SOUTH WESTERN


U. S. AVERAGE
MAY 1935


$2 87
2.86
2,84
2.O4
2.79
2.82
2.84
2.84


`--1--~--
S2.83


$4.73
4.63
4.93
5.25
4.56
5.39
5.39

$4.,00


OCN. MAY 1935


SWEETENED CONDENSED
(BULK PER CWT.!
U--NSKI1MMlED I SKIMMED
'$7.70 $4.6S
8.13 4.50
7.70 4.90
7.41 4.46
7.47 4.71
7.70 4.90
7.70 5.04
7.75 4.. 79

$7.67 $4.69


U. S. AVERAGE 4
APR. 1935 $2.03 4,80 7.74 -74.74


U. S. AVERAGE
MAY 1934


$2.54


k$4.70 ___ _$6.33


$4.45


RECORD STOCKS AND PRODUCTION OF EVAPORATED MILK


A NOTABLE CHANGE IN THE EVAPORATED
MILK 'SITUATION IS FOUND IN THE HEAVY
I INCREASE OF STOCKS HELD BY MANUFACTURERS
ON JUNE I, AS COMPARED WITH MAY I.
RETURNS TO THE U.S. BUREAU OF AGRICULTURAL
ECONOMICS HOW A JUNE I TOTAL OF
179,684,000 POUNDS,AN INCREASE OF
105,500,000 POUNDS, OR 142 PERCENT DURING
THE MONTH OF MAY, AND AN INCREASE OF
27,000,00 P0OUNoS, OR 13 PERCENT OVER
JUNE I, 1934. THESE JUNE I STOCKS ARE
THE HEAVIEST FOR THAT DATE SINCE 1931,
WHEN AN ALL-TIME HIGH RECORD OF231 ,000,000


POUNDS WAS REACHED. DURING THE PAST
FIFTEEN YrARS, IT WA:; ONLY 1931 AND IN
1930 THAT THE JUNE I FIGURES EXCEEDED
THOSE OF THIS YEAR. THE INCREASE DURING
MAY THIS YEAN I1 THE LARGEST MONTHLY
INCREASE EVER RECORDED FOR ANY MONTH
SINCE SUCH INFORMiTION FIRST BECAME
AVAILABLE. THE AVERAGE MAY INCREASE
DURING THE PAST FIVE YEARS WAS ONLY
36,500,000 POUNDS.
ANOTHER FIO URE OF MORE THAN USUAL
INTEREST IS T HAT RELAT I NO TO MAY PRODUCT ON.


(CONTINUED ON NEXT PAGE)
JUNE 193U


- '---------


-- '-----~~----'-~-----


- ----'


--


-.


-


I


-~----~--


1 -


---L-______,I-~-=-;___~______1-


UNITED STATTES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEV G f:ERVICE






PAGE 2
STOCKS AND PROD'CTICN OF EVAPCRATED AND CONDENSED MILK

TOTAL STOCKS INCLUDE ALL STOCKS HELD DY MANUFACTURERS REPORTING WHETHER THEIR
WN OR STOCKS OF OTHERS; WHETHER ON THEIR O'WN PROMISE.: IN STORAGE, OR IN TRANSIT
UNSOLD) FOR WAREHOUSE CONSIGNMENTS; AND WHETHER SOLD OR CONTRACTED FOR AND NOT
DELIVERED.
STOCK AND PRODUCTION FIGURES FOR THE CURRENT MONTH INCLUDE REPORTS FROM
PRACTICALLY ALL FIRMS MANUFACTURING THE CLASSES OF MILK INDICATED.
EVAPORATED :.IILK CONDEID IK DENSED DENIED MILK
_(CASE GOODS) _(CACE GOOD) UL GOODS)

TOTAL STOCK;;
TOTAL STOCK; ON JUNE I, 1935 173,804,414 LOS 12,284,163 LBS 8,991,517 LOS
'O0. OF FIRMS REPORTING* 30 8 32

COMPARI SoN FOR CAME FIRMl::-
JUNE I, 1'135 17S3,G:4,414 LSS 12,284,13h L-s 3,991,517 LBS
MAY 1, 1935 74,145,020 Los 5,5 1,733 Lo:. 5,359,073 LBS
o CHANC;E DURING MONTH +142. 340 +121 27 +67. 7;'
FIRMS IN COMPARISON 38 3 32
JUNE 1, 1935 178,148,405 LBo 12,284,163 LOS u,413,932 LOS
JUNE I, 1934 151,01.',851 L?' 9,235,481 L3a 7,800,304 Les
% CHANGE FROM PREV. YEAR +17,3i' +32.95o' + 7.8
FIRMS IN COMPARISON* 35 3 28

PRoDUCT I ON
COMPARISON FOR SAME FIRMS:
MAY, 1935 22, 70;,,35 LOS 5,21T,1, l L.as 10,224,900 La
APRIL, 1335 175,6E17,27 LPS S,374,514 LBS 13,S08,167 LDS
SCHANCE DURING M.ONTH +25.781 -18, I10 +33..,'3
FIRMS IN COMPARISON* 38 7 32
MAY, 1035 213,474,423 LBS.. 0,217,15:2 LBS 12,936,048 LBS
MAY, 1 f34 177,3832,523 Los 5,313,155 LBS 12,211,403 LBO
,o CHANGE FROM PREV. YEAR +23. 17 I81. + 6.35,
FIRMS IN COMPARISON* 35 7 28

FINAL REVISIONS FOR LAST MONTH:
TOTAL :,TOCKS ON MAY I 1935 74,1 45,020 LS. 5,551, 733 LO. 5,759,460 LBS.
ESTIMATED PRODUCTION VAY 1935 231,5 '),000 L.'S. 22,127, 00 LeS.
* FIR!.S, NOT F:..CTORIES. ?SOME FIRMS OPERATEE MORE THAN ONE FACTORY.

.AVERAGE DAILY PURCHASES PER PRODUCER*


461,339,2. L
105,058


141.81 LOn


TOTAL PURCHASES;
NUMBER OF PRODUCERS
AVERAGE DAILY
PURCHASES PER
PRODUCER


PERCENTAGE CHANGES
Il 1935 Cno.;PiA ED
WITH 1334
PE;iCENTA/ L CHAN;-E I N
PERCENTAGE CHAN-.E I N


1I35 | 1334


41,8344,r43 LOS
93,119


144.40 LOS


APRIL


353,5C3,933
95,714


LDS 338,


125.22 Lr:s


1.7 I3

j;:MAY 1 93 COMP1'ARED WITH A RIL 1 35
MAY 15, 34 CMPARED0 W|ITH APRIL I-'34


1234
768,322 LDS
07,753


123.63 LBS


- 2.60

+13.25
- +!2.22


* THESE FIGURES INCLUDE r;I LK PURCHArEr; PR.MARILY- FOR THE M.ANUFACTI) ;E OF EVAPORATED
AND CONDENSEC MILK.

(TNT i;CUED FROM FIRST: PAGE)


THE ELTIMATE'D PACK OF :.' I 00, 00' PO)UNOS
DURING THE MONTH IS A NL'E' \L.L-T I MC RE-.CO.D
HIGH TO DATE, NO'" rOLY FBOR \'.AY, 1UT FOR
ALL MONTH'. INCLUDE -' \. J'.- WH I CH I N PAST
YEARS HAG BEEN TH 1 Hi:.' I jST PRODUCING
MONTH OF THE YEAR. iMA PRODUCTION
EXCEEDED THAT OF A YEAR EAFRLIr:R DY OVER
'3,000,000 POUND::;, OR 23 PE.C;iNTr, AND THE
SEASONAL INCREASE OVER AP I L WAS 26
PERCENT. THIS IS ABOUT THE AVERAGE
SEASONAL INCREASE, FOR WHILE THE HIGH MAY
PRODUCTION WAS A RECORD FOR THAT MONTH,
THE SAME WAS TRUE OF APF IL PRODUCTION
ALSO,

THE UNUSUALLY LARGE AMOUNT OF EVAPORATED
MILK MANUFACTURED DURING MAY EXPLAINS
PARTLY THE HEAVY STOCKS HELD BY MANUFACT-
URERS ON JUNE I ,UT IT I ; ALLO A FACT
THAT TRADE OUTPUT DURING THE: MONTH OF MAY
DECLINED MATERIALLY UNDER THAT OF APRIL,
AS WELL AS UNDER MAY 1934. COMPLETE
STATISTICS ARC NOT AVA ILABLE, UT IT
APPEARS TH/iT THE REDUCTI ON UNDER APR IL
WAS ABOUT 2,000,000000 POU:,, AND UNDER
MAY OF LAST YE/R WAR Af-'PROXIMATFLY
30,000,000 POUND!-. THI:- WOJULU RL-PREENT


A 20 PI RECENT rE:(-UCT I ON UNDER 1934.

!.'ANUFACTUl.i. R. OF EVAPORATED MILK
A..E NOW OPEI AT I NO UNDER THI NEW MARKET IN
AGREEMENT AND LI CLNE SYSTEM WHICH
BECAMEE E:FFECTIVEr JUNE I. UNDER THIS
PLA'I, THI-_ MAXIMUM AND MINI MUM SELLING
PRICI-G, WHICH WER; A PART OF THE. FORMER
AGREEMENT, HAVE L'E![.E ELIMINATED, AND
INSTEAD SELLING PRICES ARE FILED WITH
THE- OFFICIALS IN CHARGE CF T;HI A/\REEMENT,
0O F/-R, THE OLD PR ICE ,SCHEDULES HAVE
CONTI NU'ED TO .'E ;:ENF.RALLY FOLLOWED. SOME
MODIFICATIONS WERE MADE OF THE NETHOD OF
ARRIVING AT PRICES PAID .'0RODUCE!RS, DUT
THE RECENT DECLINES IN PRODUCERS PRICES
ARE NOT DUE TO THIS,, BUT TO CHANGES IN
BUTTER AND CHEESE PRICES, WHICH FORM THE
BASIS FOR ARRIVING AT PRICES CONDENSERIES
SHALL PAY FOR tMILI. PR I CES TO PRODUCER:
FOR.;i',ILK DELIVERED IN MAY AVERAGED
$1.23 P,:R CWT. COMn'rARED WITH 1I.46
IN APRIL, AND 1.OS IN MAY 19.4.


JUNE 1335


LIZ6 t'L90 9ZIg C


UNIV. OF.FL LI.
D.C.UMENT PDETL

U I A O ~ T...

U.8. DEPOTORY


"------~- - -- --"~


141.P-l L--S