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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/AA00013239/00057
 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: AA00013239:00057

Full Text


UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEWS SERVICE
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
(DECEMBER 1935)
No. 196 WASHINGTON, D.C. DECEMBER 2 ,1935
INFORMATION IN THIS MONTH'S REPORT IS FURNISHED BY ALL FIRMS OF RECORD WHICH
MANUFACTURE CASE GOODS EVAPORATED MILK OR CONDENSED MILK, OR BOTH.
PRICES PAID PRODUCERS FOR 3.5M MILK F. 0. B, FACTORY FOR NOVEMBER 1935*
GEOGRAPHIC SECTIONS NUMBER OF FACTORIES PRICE PER CWT.
REPORTING RANGE AVERAGE
NEW ENGLAND- $ $ -
MIDDLE ATLANTIC 6 1.55-1.90 1.68
SOUTH ATLANTIC 2 1.34-1,49 1.42
E. NORTH CENTRAL 85 1.46-1.78 1.50
W. NORTH CENTRAL 9 1.33-1.55 1.39
SOUTH CENTRAL 9 1.34 1.34
NORTH WESTERN 10 1.20-1.63 1.43
SOUTH WESTERN 20 1,34-1,79 1,54
U.S. NOV. 1935 141 1.20-1.90 1.49
U.S. OCT. 1935 141 1LI-1.67 1.31 _
U.S. NOV. 1934 140 1.09-1.56 1.32
*NOTE: THE INFORMATION CARRIED IN THE BODY OF THIS TABLE APPLIES TO THE PREVIOUS
MONTH RATHER THAN THE CURRENT MONTH. UNDER THE PROVISIONS OF THE EVAPORATED MILK
MARKETING AGREEMENT NOW IN EFFECT, PRICES PAID PRODUCERS ARE CALCULATED BY FORMULAS
WHICH T4KE INTO ACCOUNT THE CURRENT MONTH'S AVERAGE WHOLESALE BUTTER AND CHEESE
MARKETING QUOTATIONS. THESE AVERAGES ARE NOT AVAILABLE AT THIS TIME.
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT,
NOVEMBER 1935 OCTOBER 1935 NOVEMBER 1934
BECTION 1 $1;50 $1.31 $1.31
2 1.68 1.47 1.52
3 1.34 1.15 1.23
4 1.50 1;34 1.32
S 5 1.59 1.24 1.29
S 6 1.58 1.45 1.48
U.S. AVERAGE 1.49 1.31 1.32
NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS NOVEMBER 1935
(CASE GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE BASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERS' DISTRIBUTING POINTS ON BASIS OF
CASH OR SHORT TIME CREDIT
EVAPORATED MILK. CONDENSED MILK
F. 0. B. (PER CASE OF 48 14- oz. CANS) (PER CASE OF 48 14 oz. CANS)
RANGE AVERAGE RANGE AVERAGE
BOSTON $2.55-3;00 $2.79 $4.50-4.85 $4.77
NEW YORK CITY 2.55-3.00 2.80 4.31-4.90 4.51
PHILADELPHIA 2.55-3.00 2.78 4.85-4.86 4.85
CHICAGO 2.50-2.90 2.68 5.25 5.25
CLEVELAND 2.50-2.90 2.72 -
ST. Louis 2.50-2.90 2.71
KANSAS CITY 2.50-2.90 2.73
MINNEAPOLIS-ST.PAUL 2.50-2.90 2.70
ATLANTA 2.50-2.90 2.75
NEW ORLEANS 2.50-2.90 2.72 4.02-5.00 4.20
DENVER 2.50-2.90 2;73 -
SEATTLE 2.45-2.90 2.74
SAN FRANCISCO 2.45-2.90 2.68
Los ANGELES 2.45-2.90 1 2.69 -_

AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS NOVEMBER 1935
UNSWEETENED EVAPORATED SWEETENEd CONDENSED SWEETENED CONDENSED
(PER CASE OF (PER CASE OF (BULK PER CWT.
48 14- OZ. CANS) 48 14 oz. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $2.78 $4.76 $7.54 $4.97
MIDDLE ATLANTIC 2.77 4.63 7.58 4.73
SOUTH ATLANTFC 2.74 4.93 7.55 4.95
E. N. CENTRAL 2.70 5.25 7.55 4.80
W. N. CENTRAL 2.66 735 4.87
SOUTH CENTRAL 2.70 4.43 7.55 4.95
NORTH WESTERN 2.74 5,39 7.55 4.95
SOUTH WESTERN 2.70 5.39 7;83 5.13
U.S. AVERAGE
Nov.1935 $2.73 $4.77 $7.56 $4.86
U.S., AVERAGE
OCT. 1935 $2.59__ $4.77 $7.23 $4.62
U.S. AVERAGE
Nov. 1934 $2.53 $4;73 $6,80 $4.42


EVAPORATED MILK STOCKS AT LOW POINT PRODUCTION LIGHT


The November reduction of manufacturers' from that date on there were gradual increases.
stocks of evaporated milk was the heaviest until by September 1 the total had. reached
which has ever occurred since monthly reports 358,000,000 pounds, an all time high. The
were first started in 1919. .The result of this reduction from this peak to the December 1
was that stocks of December 1 were the lowest figure of 91,249,000 pounds, amounting to a net
on record for that date with the exception of drop of over 267,000,000 pounds, compares with
1922. Monthly carryovers in 1935 since the an average decrease between these two dates the
beginning of flush production have been past five years of but 8,600,000 pounds.
relatively so much heavier than in preceding
years, however, that the December 1 figure, The November reduction of stocks was
while not a new low record, is very significant. 138,000,000 pounds, compared with 12,000,000
Stocks on June 1 were 179,000,000 pounds, and pounds in 1934, and a five-year average of
(Coninued ,on next page)
DECEMBER 1935







PAGE 2
STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK
TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
OWN OR STOCKS OF OTHERS; WHETHER ON THEIR OWN PREMISES, IN STORAGE, OR IN TRANSIT
UNSOLD) FOR WAREHOUSE CONSIGNMENTS; AND WHETHER SOLD OR CONTRACTED FOR AND.NOT
DELIVERED.
STOCKS AND PRODUCTION FIGURES FOR THE' CURRENT MONTH INCLUDE REPORTS FROM
PRACTICALLY ALL FIRMS MANUFACTURING THE CLASSES OF MILK INDICATED.
EVAPORATED MILK CONDENSED MILK CONDENSED MILK
(CASE GOODS) (CASE GOODS) (BULK' GOODS)
TOTAL STOCKS
TOTAL STOCKS ON DEC. I, 1935 91,249,674 LBS. 11,697,252 LBS. 3,236,965 LBS.
NO* OF FIRMS REPORTING* 37 8 31
COMPARISON FOR SAME FIRMS:
DECEMBER I, 1935 91,249,674 LBS. 11,697,252 LBS. 3,128,230 LBS.
NOVEMBER I, 1935 229,065,492 Lss. 14,678,492 LeS. 5,215,217 LBS.
% CHANGE DURING MONTH -60.16% -20.31% -40.02%
FIRMS IN COMPARISON 37 8 29
DECEMBER I, 1935 91,151,097 LBS. 11,697,252 LBS. 3,225,531 LBS.
DECEMBER 1, 1934 200,389,212 LBS. 11,236,161 LBS. 8,611,036 LeS.
C HANGE FROM PREV. YEAR -54.51% + 4,10% -62.54%
FIRMS IN COMPARISONS* 36 8 29
PRODUCTION
COMPARISON FOR SAME FIRMS.:
NOVEMBER, 1935 86,238,461 LBS 3,602,409 LBS. 8,273,612 LBS.
OCTOBER, 1935 103,402,680 LBS. 3,733,019 LBS. 7,967,351 LBS.
e CHANGE DURIMG MONTH -16.60% 3.50% + 3.84%
FIRMS IN COMPARISON* 37 7 29
NOVEMNER, 1935 86,219,422 LBS. 3,602,409 LES, 8,344,315 LBS.
NoVENBER, 1934 99,403,032 LBS. 4,551,382 LBS. 6,708,230 LBS.
% CHANGE FROM PREVI YEAR -13.26% -20,85% +24.39/
FIRMS IN COMPARISON* 36 7 29
FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON NOV. I, 1935 229,065,492 LBS, 14,678,492 LBS. 5,497,321 LBS.
ESTIMATED PRODUCTION UOV. 1935 87,766,000 LBS. 3,602,000 LBS. 13,254,000 LBS.
* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
AVERAGE DAILY PURCHASES PER PRODUCER*

NOVEMBER OCTOBER
1935 1934 1935 1934


209,436,537


TOTAL PURCHASES
NUMBER OF PRODUCERS
AVERAGE DAILY
PURCHASES PER
PRODUCER


PERCENTAGE CHANGES
IN 1935 COMPARED
WITH 1934


PERCENTAGE CHANGE
PERCENTAGE CHANGE


LBS


90,376

77.25 LBS,


227,149,598 LBS
86,014

88.03 LBS


278,662,246
98,789


-I. ,.- I


- 12.25


IN NOV. 1935 COMPARED WITH OCT.
IN NOV. 1934 COMPARED WITH OCT.


LBS 291,616,194 LBS
92,844


101.32 LBS


S90.99 LBS


- 10.'20


1935
1934


- -15.10
- -13.12


* THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY FOR THE MANUFACTURE OF EVAPORATED
AND CONDENSED MILK.
(Cbntiraed from first page)


6,000,000 pounds. The last figures available as
to wholesale grocers' stocks are for September
30, at which time there were indications that
distributors had not been buying so freely as
casual. The proba-bility of a price increase
appeared inevitable as the fall advanced, due in
part to the general dairy outlook, and advances
did occur later, all of which stimulated buying,
and this was apparently the principal reason
for the heavy clearances in October and again
in November.

Production of evaporated milk in November,
estimated at 87,766,000 pounds, was 13 percent
below November, 1934, and the decrease under the
previous month was 16.6 percent, compared with a
usual October to November decrease of approxi-
mately 20 percent. Production has been lower
than in 1934 each month since July, although
the pack for the 11 months, January to November,
inclusive, is still in excess of the correspond-
ing period-of last year.


In view of the foregoing situation with
respect to production and stocks, evaporated
milk markets are quite firm, November prices
averaged 15 cents per case above the previous
month, with some brands advancing slightly
more. Some increases have occurred since
December 1, but it is not known at this time
how this will affect the general December price
average, since a few of these may be for
territories or by concerns not included in the
November changes.

Reports indicate that- a good many dealers
are able to take care of no more than so-called
regular trade, with no supplies available for
the open market. The low stocks of evaporated
milk are in line with the relatively low
reserves of other manufactured dairy products.
Cold storage stocks of butter on December 1 were
ten million pounds below last year, and five
million below the five-year average. On Noventer
I stocks of butter exceeded both last year and
average.


jU iV. OF FL L .





U.S. DEPO( TOfY


DECEMBER 1935


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