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:
AA00013239:00059


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UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEWS SERVICE
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REf


(FEBRUARY 1936) 1


I I A %Il P ..I Y

0RT U.S. DEPOMTOKY


WASHINGTON) D.C.


FEBRUARY 24, 1936


CASH OR SHORT


TIME CREDIT.


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


RANGE AVERAGE -RANGE AVERAGE
BOSTON $2.55-315 $2.96 $4.50-4.87 $477
NEW YORK CITY 2.55-3.15 2.97 4.31-4.90 4.67
PHILADELPHIA 2.55-3.15 2.96 4.75-4.86 4.83
CHICAGO 2.55-3.05 2.91 5.25 5.25
CLEVELAND 2.55-3.05 2;92
ST. Louis 2.55-3.05 2.91
KANSAS CITY 2.55-3.05 2.91 -
MINNEAPOLIS-ST.PAUL 2.55-3.05 2;90
ATLANTA 2.85-3.05 2.95
NEW ORLEANS 2.85-3.05 2;95 4.02-5.00 4.-24
DENVER 2.85-3.05 2.95 -
SEATTLE 2.80-3.05 2.96
SAN FRANCISCO 2.80-3.05 2.93
Los ANGELES 2.30-3.05 2.91 -_

AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS JANUARY 1936
UNSWEETENED EVAPORATED SWE TENED CONDENSED SWEETENED CONDENSED
(PER CASE OF (PER CASE OF BULK PER CWT.)
48 14- oz. CANS) 48- 14 oz. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $2.95 $4.78 $8.'00 $4.95
MIDDLE ATLANTIC 2.95 4.63 8.00 4.92
SOUTH ATLANTIC 2.94 4.93 8;00 5.15
E. N. CENTRAL 2.90 5;25 7.98 5.;06
W. N. CENTRAL 2.90- 7;84 5.03
SOUTH CENTRAL 2.90 4.43 8.00 5.15
NORTH WESTERN 2.97 '539 8.33 5.50
SOUTH WESTERN 2.96 5.39 8.33 5.50
U.S. AVERAGE
JAN..1936 $2.93 $4.77 $8.02 $5.08
U.S. AVERAGE
DEC. 1935 $2.91 $4.77 $7.97 $4.98
U.S. AVERAGE
JAN. 1935 $2.67 $4.73 $7.13 $4.47

SEVERE WEATHER AFFECTS EVAPORATED MILK PRODUCTION


The February market on evaporated milk
continues firm, with production light and stocks
very low. The weather in many of the important
producing sections has been unusually severe,
and in parts of the middle west, deliveries of
milk by producers have been impossible due to
road blackades. Main highways have been open
periodically, but in parts of Illinois,Michigan,
and Wisconsin, side roads were entirely closed
and some are still reported as impassable, with
the result that factories in these localities
are even further behind orders than they were
on February 1. In many cases, patrons who
(Continued o


were unable to make deliveries, skimmed their
milk at home and sold cream, the effect of which
would be to increase local'butter production,
although the extent of such an increase is a
matter of conjecture at this time.

The last report on evaporated milk pro-
duction covers January, which was before the
worst weather occurred. Evaporated milk pro-
duction that month, estimated at approximately
118,000,000 pounds, was 0.8 percent heavier than
in Janu'-ry, 1935. The increase over December of
14.7 percent was about the same as the usual
In next page)


FEBRfUARY 1936


ic.:


:Nfio. 198


F. 0.B.


I EVAPORATED M LK
(PER CASE OF 48 14b oz. CANS)


4.:


-` '---- -- -- I--


-- -


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 3.5% MILK F. 0. B. FACTORY FOR JANUARY 1936*
NUMBER OF FACTORIES PRICE PER CWT.
GEdGRAPHIC SECTIONS REPORTING RANGE AVERAGE
REPORTING RANGE AVERAGE
NEW ENGLAND $ $
MIDDLE ATLANTIC 6 .65-1.85 177
SOUTH ATLANTIC 2 1I44-1;58 1;51
E. NORTH CENTRAL 85 1.56-1;78 1.59
W. NORTH CENTRAL 9 1.43-1.58 1.49
SOUTH CENTRAL 9 1.41-1.44 1;43
NORTH WESTERN 10 1.48-1.73 1.56.
SOUTH WESTERN 20 1.41-1.70 1.62
U.S. JAN. 1936 141 1.44--1.85 1.58
U.S. DEC. 1935 141 1.40-2.00 1.57
U.S. JAN. 1935 139 1.20-1.81 1.46
* 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 TAKE INTO ACCOUNT THE CURRENT MONTH 'S AVERAGE WHOLESALE BUTTER AND CHEESE
MARKETING QUOTATIONS. THESE AVERAGES ARE NOT AVAILABLE AT. THIS TIME.
PRICES PAID PRODUCERS ACCORDIN'G'TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.
JANUARY 1936. DECEMBER 1935 JANUARY 1935
SECTION 1 $1.59 $1 58 $1.48
S 2 1.77 1.74 1 63
3 43 I142 38,
4 1.56 1.57 .,34
5 1.55 1.50 35
6 1.66 1.68 1.49
U.S. AVERAGE _1.58 I1.57 _1.46
NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS JANUARY 1936
(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





PAGE 2
STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK
TOTIA STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
WN'OR TOCKS 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 MI K
(CASE GOODS) (CASE GOODS) (BULK GOODS)
TOTAL STOCKS
TOTAL STOCKS ON FEB. I, 1936 66,094,488 LBS. 6,044,438 LBS. 2,580,991 LBS.
No. OF FIRMS REPORTING* 36 8 27
COMPARISON FOR SAME FIRMS:
FEBRUARY 1, 1936 66,094,488 Los. 6,044,438 LES. 2,580,991 LBS.
JANUARY 1, 1936 72,916,046 LBS. 8,828,524 LBS. 2,677,114 LBS.
CHANGE DURING MONTH 9.36 -31.54% 3.59%
FIRMS IN COMPARISON 36 8 27
FEBRUARY 1, 1936 66,094,488 LES. 6,044,438 LBS. 2,544,260 LBS.
FEBRUARY I, 1935 59,549,633 LBS. 8,068,284 LBS. 5,170,709 ,LBS.
% CHANGE FROM PREV. YEAR +1:0.99% -25.09% -50.80%
FIRMS IN COMPARISON* 36 8 26.
PRODUCTION
COMPARISON FOR SAME FIRMS:
JANUARY, 1936 114,985,565 LBS. 3,989,237 DBS. 9,513,451 'LBS.
DECEMBER, 1935 100,252',134 LBS. 3,820,922 LBS. 10,246,553 LBS.
SCHANGE DURING MONTH +14.70% + 4.41% 7.15%
FIRMS IN COMPARISON* 35 7 .27
JANUARY, 1936 114,985;,565 3,989,237 LBS. 9,375,282 LBS.
JANUARY, 1935 114,133,465 4,541,471 LBS. 6,334,306 LBS.
% CHANGE FROM PREV. YEAR + 0.75% -12.16% +48.01%
FIRMS IN COMPARISON* 35 7 26-
FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON JAN. I, 1936 72,916,046 LBS.. 8,928,524 LBS. 2,930,949 LBS.
ESTIMATED PRODUCTION JAN. 1936 118,301-,000 LBS. 3,990,000 LBS. 15,843,000 LBS.
* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
AVERAGE DAILY PURCHASES PER PRODUCER*

.JANUARY .DECEMBER
1936 1936. 1935 1934
TOTAL PURCHASES 241,356,198 LBS 227,232,206 LBS 217,255,668 LB 220,694,197 LBS
NUMBER OF PRODUCERS 84,840 81,105 87,138 85,631
AVERAGE DAILY
PURCHASES PER
PRODUCER .91.77 Las 90.38 LOG .80.43 LBs 85.63 LBS
PERCENTAGE CHANGES
COMPARED WITH + 1.54 6.07
PREVIOUS YEARS
PERCENTAGE CHANGE IN JAN. 1936 COMPARED WITH DEC. 1935 + 15.0
PERCENTAGE CHANGE IN JAN. 1935 COMPARED WITH DEC. 1934 5.55
* THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY FOR THE MANUFACTURE OF EVAPORATED
AND CONDENSED MILK.
EVAPORATED AND CONDENSED MILK (IMPORTS AND EXPORTS) 1935
(POUNDS)

EVAPORATED MILK CONDENSED MILK.
1935 IMPORTS EXPORTS IMPORTS EXPORTS
JAN. 0 2,679 774 6300 499 147
FEB. 0 2,641 549 17,513 599 416
MAR, 127 4 881 572 23,315 842 129
APRL 0 3,267,006 53,153 717 137
MAY 24 522 3 441 314 165 256 89 105
JUNE 6 2 432,183 35,333 264 677
JULY 2,944 1,580,930 8 419 319 281
AUG. 9 106 1,581,668 31 289 242 487
SEPT. 9, 644 2 382 959 90 202 235 067
OCT. 6 2 107,674 82,979 275 001
Nov. 891 2 645,942 19,431 332 380
DEC. 0 2,584,554 22,297 473 795
TOTAL 47,234 32,227,125' 555,487 4,889,622
(Continued from first page)


season increase. The effect of more recent
weather conditions upon production will show
up in the' February estimates which will not be
available until several weeks hence.

Manufacturers' stocks of evaporated case
goods on February 1 amounted to 66,094,000
pounds, an increase of about 61 million pounds
over February 1, 1935, but 58 million pounds
below the February 1 five-year average (1931-
1935). With the exception of last year, these
February 1 stocks atre the lightest reported for:
that date since the all-time low of 54,888,000
pounds which was reported in 1927. By way of
comparison, stocks' on February 1 the past three
years were as follows: 1935 59,791,000 pounds;
1934 168,502,000 pounds; 1933 107,154,000
pounds. The heaviest stocks ever reported on
February 1 were those of 19:30, which wi iiuited to
175,974,000 pounds. Part of this year's stock
6996 pLSO Z9Z,1 C
S111111111 111111 II 111111iii 1111111111111


situation is apparently due to heavier holdings
in distributors' hands, although the latest
figures b,::ring on that situation are as of the
first of. the year, on which date the inventories
of representative distributors, as indicated by
the usual quarterly survey, were over' 35 percent
heavier "than at the lose of the previous
quarter, and 14 percent heavier than a year
earlier.

Information at hand does iot indicate
any'material ci nge in selling prices of evapo-
rated milk during recent weeks.

Production of condensed case in January
of approximately 4,000,000 poundswero 12':picont
below last year, and stocks of 6,000,000
pounds were 25 porcert lower.




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