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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/AA00013239/00060
 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: AA00013239:00060

Full Text
UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEWS SERVICE
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
(MARCH 1936)
No. 199 WASHINGTON, D.C. MARCH 23, 193
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 F K


F~ CV R_ F~r~T(ThR FnFl FFRRIJARY 193~6*


GEOGRAPHIC SECTIONS NUMBER OF FACTORIES PRICE PER CWT.
REPORTING RANGE AVERAGE
NEW ENGLAND $ -
MIDDLE ATLANTIC 6 1.68-1.85 1.79
SOUTH ATLANTIC 2 1.53-1;61 1.57
E. NORTH CENTRAL 85 1.52-1.99 1.64
W. NORTH CENTRAL 9 1.45-1.68 1.56
SOUTH CENTRAL 9 1.53 1.53
NORTH WESTERN 10 1.38-1.75 1.51
SOUTH WESTERN 20 1.54-1.77 1.65
U.S. FEB. 1936 141 1.38-1.99 1.62
U.S. JAN. 1936 141 1.44-1.85 1.58
U.S. FEB. 1935 141 1.20-1.80 1.57


* 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 ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.
FEBRUARY 1936 JANUARY 1936 FEBRUARY 1935
SECTION $1..64 $1.59 $1.60
2 1.79 1.77 .171
3 1.53 1.43 1.51
S 4 I.56 1.56 1.42
5 1.49 1.55 1.37
6 1.68 1.66 1.58
U.S. AVERAGE 1.62 1.58 1.57
NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS FEBRUARY 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
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
OSTON $255-3.15 $2.97 $4.50-4.5 $4.74
NEW YORK CITY 2.55-3.15 2.97 4.31-4.90 4.64
PHILADELPHIA 2.55-3.15 2.93 4.75-4.85 4.82
CHICAGO 2.55-3.05 2.91 5.25 5.25
CLEVELAND 2.55-3.05 2.91 -
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 1 2.84-3.05 2.95 -
NEW ORLEANS 2.75-3.05 2.95 4.02-5.00 '4.23
DENVER 2.84-3.05 2.95 -
SEATTLE 2.80-3.05 2.96 -
SAN FRANCISCO 2.80-3.05 2.94 -
-os ANGELES 2.79-3.05 2.93 -
AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS FEBRUARY 1936
UNSWEETENED EVAPORATED SWEgTENED CONDENSED I SWETENED CONDEMN ED
(PER CASE OF (PER CASE OF. BULK PER CWT.
48 14j oz. CANS) 48 14 oz. CANS.) UNSKIMMED SKIMMED
NEW ENGLAND $2.93 $4.78 $8.10 $4.98
MIDDLE ATLANTI 2.97 4.73 8.10 4.97
SOUTH ATLANTIC 2.93 4.93 8.10 5.15
E.N.CENTRAL 2.90 5.25 7.99 4,98
W.N.CENTRAL 2.91 7.96 5.03
SOUTH CENTRAL 2.89 4.43 8.10 5.15
NORTH WESTERN 2.96 5.39 8.05 5.23
SOUTH WESTERN 2.95 5.39 8.10 5.15
U.S. AVERAGE
FEB. 1936 $2.93 $4.80 $8.05 $5.06
U.8. AVERAGE
JAN. 1936 $2.93 $4.77 $8.02 $5.08


U.O. AVERAGE
FEB. 1935 _


$2.83


$4.77


$7.52


$4.71


EVAPORATED MILK PROJECTION AND STOCKS LIGHTER


Stocks of evaporated milk in manufactur-
ers' hands on March 1, reported at 45,368,000
pounds, were almost double those of last year
on the same date, but, with the exception of
last year, this was the lowest March I inventory
of record. The significant comparison,
therefore, is not with last year, but with aver-
age conditions. This stocks situation is
contributing strength to the evaporated milk
market, which continues to be very: firm. The
reduction of stocks during February further
evidences the relatively strong market position,
for regardless of the light amounts held by
(Continued o0
MARCH


manufacturers, the February production of stocks
was 20,700,000 pounds, compared with an average
February reduction the past five years of
24,700,000 pounds. This average figure includes
the very heavy movement in February, 1934, at
the time manufacturers' holdings were so heavy.

A further element of support is found in
the production situation. Estimated production
of evaporated case in February of 112,700,000
pounds was a 6.4 percent reduction under last
year, and was also a reduction under January.
The latter decrease is only 2.7 percent, but:
n next page)
1936





PAGE 2
STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK
TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
QWN OR STOCKS OF OTHERS; WHETHER ON THEIR OWN PREMISES, IN STORAGE, OR IN TRANSIT
(UNSOLD) FOR WAREHOUSE CONSIGNMENTS .ANb 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 MAR. I, 1936 45,368,418 .LBS, 3,659,483 LBS. 2,006,723 LBS.
No. OF FIRMS REPORTING* i35 8 27
COMPARISON FOR SAME FIRMS:
MARCH 1, 1936 45,368,418 LBS. 3,659,483 LBS. 2,005,447 LBS.
FEBRUARY 1, 1936 66,087,750 LBS. 6,044,438 LBS. 2,465,072 LBS.
% CHANGE DURING MONTH -31.35% -39.46 -18.65
FIRMS IN COMPARISON 35 8 26
MARCH 1, 1936 45,368,418 LBS. 3,659,483 LBS. 2,005,447 LBS.
MARCH 1, 1935 28,859,131 LBS. 5,152,896 LBS. 4,383,450 LBS.
*% CHANGE FROM PREV. YEAR +57.21% -28.98% -54.25%
FIRMS IN COMPARISON* 35 8 26
PRODUCTION
COMPARISON FOR SAME FIRMS:
FEBRUARY, 1936 111,671,733 LOS. 4,211,483 LSS. 9,134,426 LBS.
JANUARY, 1936 114,868,132 LBS. 3,989,237 LBS. 9,290,208 LBS.
% CHANGE DURING MONTH 2.78% + 5.57% 1.680
FIRMS IN COMPARISON* 34 7 26
FEBRUARY, 1936 111,671,733 LBS. 4,2jI,483 LOs. 9,134,426 LBS.
FEBRUARY, 1935 119,372,878 LBS. 4,901,515 LBS. 5,573,852 LBS.
o CHANGE FROM PREV. YEAR 6.45% -14.08% +63.88%
FIRMS IN COMPARISON* 34 7 26
FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON FEB.., 1936 66,094,488 LBS. 6,044,438 LoS. 2,845,153 Los.
ESTIMATED PRODUCTION FfB. 1936* 112,704,000 LoS. 4,233,000 LDS, 17,021,000 LBS.
ESTIMATED PRODUCTION FEB. 1935* 120,475,000 LoS. 4,927,000 LBS. 10,386,000 LoS.
FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** SUBJECT TO REVISIONS;
AVERAGE DAILY PURCHASES PER PRODUCER*

FEBRUARY JANUARY
1936 .1935 1936 1935
TOTAL PURCHASES 230,084,196 LOs 237,558,564 LoS 241,356,198 LoS 227,232,206 LOS
NUMDER OF PRODUCERS 84,445 80,957 84,840 81,105
AVERAGE DAILY
PURCHASES PER
PRODUCER 93.95 LOS 104.80 LBS 91.77 LoS 90.38 LOS
PERCENTAGE CHANGES
IN 1936 COMPARED 10.35 + 1.54
WITH 1935


PERCENTAGE CHANGE IN FED. 1936 COMPARED WITH JAN. 1936
PERCENTAGE CHANGE IN FEB. 1935 COMPARED WITH JAN. 1935


- + 2.38
- +15.95


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


the average change in February, front 1931-1935
inclusive, was a 1.1 percent increase.
Combined production in January and February was
2.9 percent less than in the same months of
1935. One condition which may have held back
production in February this year was the
exceptionally severe weather. Average daily
deliveries per producer in February were 10.3
percent below February 1935, whereas in
January the relationship to a year earlier was
a 1.5 percent increase.

The last report on prices paid producers
shows an average of $1.63 per cwt. for February


milk, compared with $1.58 in January, and
$1.57 in February, 1935. In connection with
prices, it may be of interest to note that
prices of Class I fluid milk to producers
supplying Chicago, which had been 50 cents per
cwt. over the condensery price in that area,
were changed to 30 cents over beginning March 1.
Selling prices of evaporated case have been
well maintained this month. These prices in
February averaged $2.93 per case, the same
as in January, but 10 cents higher than in
February 1935.


UNIV. OF FL LIBl




U.S. DEPOITORY


MARCH 1936


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