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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/AA00013239/00062
 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: AA00013239:00062

Full Text
UNITED STATES DEPARTMENT OF AGRICULTURE } j
BUREAU Or" AGRICULTURAL ECONOMICS I
MARKET NEWS SERVICE
. T DEPCTroY
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REL
(MAY 1936
No. 201 WASHINGTON, D.C. MAY 22, 1936
INFORMATION IN THIS MONTHS REPORT IS FURNISHED BY ALL FIRMS OF RECORD WHICH
MANUFACTURE CASE GOODS EVAPORATED MILK OR CONDENSED MILK, OR BOTH.


PRICES PAID PRODUCERS FOR 3.5o M
NUMrBER OF FACTORIES
GEOGRAPHIC SECTIONS REPORTING


LK F. 0. B. FACTORY FOR APRIL 1936*
PRICE PER CWT.


RANGE


AVERAGE


NEW ENGLAND I $ -
MIDDLE ATLANTIC 6 T/ 1.43-1.65 1.51
SOUTH ATLANTIC 2 I.26-L.36 1.31
E. NORTH CENTRAL 85 1.36-1.65 1.40
W. NORTH CENTRAL 9 1.26-1.48 .34
SOUTH CENTRAL 11 1.26 1.26
NORTH WESTERN I 1.30-1.48 1.37
SOUTH WESTERN 21 1.25-1.65 1.50
U.S. APR. 1936 145 1.25-1.65 1.40
U.S. MAR. 1936 141 1.29-1.75 1.47
U.S. APR. 1935 142 1.13-1.07 1.46
* NeTE: 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 AVERAGESS iNRE NOT AVAILABLE AT THIS TIME.
I/ REPORTS NOT RECEIVED FROM TEN FACTORIES IN THESE AREAS WHICH PAY ACCORDING TO
FORMULA IN EVAPORATED MILK MARKETING AGREEMENT. FORMULA PRICE FOR THIS AREA
IN APRIL, $1.43.
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.


APRIL 193r


MARCH 1936


APRIL 1935


SECTION I $1.40 $1.46 $1.51
2 1.51 1.63 1.61
3 1.28 1.34 1.41
4 1.36 I.43 1.26
5 1.37 1.44 1.26
6 1.57 1.55 1.35
U.S. AVERAGE I .407 1.47 1.46
NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS APRIL 1936
(CASE GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE BASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERS' DISTRIBUTIi'G POINTS ON BASIS OF
CASH OR SHORT TIME CREDIT.
EVAPORATED MILK CONDENSED MILK
F. O. B. (PER CASE OF 48 14j oz. CANS) (PER CAJE OF 48 14 oz. CANS)
RANGE I AVERAGE RANGV: AVERAGE
BOSTON $2.85-3.15 $3.02 $4.50-4.85 $4.73
NEW YORK CITY 2.85-3.15 3.02 4.31-4.90 4,67
PHILADELPHIA 2.35-3.15 3.01 4.75-4-.85 4.82
CHICAGO 2.79-3.05 2.93 5.25 5.25
CLEVELAND 2.75-3.05 2.93 -
ST. LOUIS 2.79-3.05 2.93
KANSAS CITY 2.84-3.05 2.95 -
MINNEAPOII S-ST.PAUL 2.70-3.05 2.94 -
ATLANTA 2.90-3.05 2.95 -
NEW ORLEANS 2.75-3.05 2.95 4.02-5.00 4.19
DENVER 2..34-3.05 2.95 -
SEATTLE 2.84-3.05 2.95
SAN FRANCISCO 2.70-3.05 2.85 -
Los ANGELES 2.70-3.05 2,84 -
AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS APRIL 1936
UNSWEETENED EVAPORATED SWE TENED CONDENSED SWEETENED CONDENSED
(PER CASE OF PER CASE OF (BULK PER CWT.)
48 143 oz. CANS) 48 I4 OZ. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $2.99 $4.78 $8.06 $4.90
MIDDLE ATLANTIC 2.97 4.73 8,06 4.89
SOUTH ATLANTIC 2.98 4.93 8.06 5.06
E. N. CENTRAL 2.93 5.25 7.94 4.99
W. N. CENTRAL 2.94 7.73 4.94
SOUTH CENTRAL 2.95 4.43 8.06 5.13
NORTH WESTERN 2.96 5.39 8.06 5.13
SOUTH WESTERN 2.90 5.39 8.06 5.13
U. S. AVERAGE
APR. 1936 _$2.96 $4.80 $7.98 $4.99
U. S. AVERAGE
MAR. 1936 $2.91 $4.81 $8.02 $5.04 '
U..S. AVERAGE
APR. 1935 $2.83 $4.80 $7.74 $4.74

EVAPORATED MILK STEADY APRIL PACK IEAVIEST ON RECORD FOR MONTH


Evaporated milk markets are full steady
this month. Production in April showed a
slightly heavier-than-usual seasonal increase,
but stocks in manufacturers' hands continue
relatively light under an active movement.
Wholesale selling prices of better known brands
remain unchanged and well sustained.


record. For the calendar year to May 1, total
estimated production of this class of goods
amounting to 556,779,000 pounds was substantial-
ly the same as during the corresponding period
of 1935. This year's increase in April pro-
duction over March was 24.3 percent, compared
with March to April increase during the previous


live years of but 19.3 percent. I e pack in
Total.estimated production of evaporated April of this year was the largest of record
case-goods 'in April of 181,552,000 pounds, was for that month.
an increase of 1.2 percent over April 1935, and
represents the largest April production of Manufacturers' stocks on May 1, according
(Continued on next page)
MAY-1936






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 C 9NENSED MILK
(CASE GOODS) (CASE GOODS) BULK GOODS)
TOTAL STOCKS
TOTAL STOCKS ON MAY I, 1.936 61,774,996: LBS. 3,740,7.14 LBS. 4,403,070 LBS.
No. OF FIRMS REPORTING* 36' 8 30
COMPARISON FOR SAME FIRMS:
MAY I, 1936 61,774,996 LBS. 3,740,714 LBS. 4,362,082 LBS.
APRIL 1, 1936 42,597,452 LBS. 2,962,638 LBS. 2,471,148 LBS.
SCHANGE DURING MONTH +45.025 +26.26% +76.52%
FIRMS I'N COMPARISON 36 8 29
MAY I, 1936 61,774,996 LBS. 3,740,714 LBS. 4,403,070 LBS.
MAY I, 1935 74,131,579 LBS. 5,551,733 LBS. 5,457,049 LBS.
% CHANGE FROM PREV. YEAR -16.67% -32.62% -19.31
FIRMS IN COMPARISON* 36 8 30
PRODUCTION
COMPARISON FOR SAME FIRMS:
APRIL, 1936 177,545,374 LBS. 4,742,643 LBS. 12,043,442 LBS.
MARCH, 1936 142,775,704 Lss. 4,114,301 LBS. 11,293,878 LBS.
% CHANGE DURING MONTH +24.35% +15.27% + 6.64%
FIRMS IN COMPARISON* 35 .7 29
APRIL, 1936 177,545,374 LBS. 4,742,643 LBS. 12,453,720 LBS.
APRIL, 1935 175,475,717 LBS. 6,374,514 LBS. 10,307,236 LeS.
CHANGE FROM PREV. YEAR + 1.18o -25.06% +12.87%
FIRMS IN COMPARISON* 35 7 30
FINAL REVISIONS FOR LAST MONTH:-
TOTAL STOCKS ON APRIL I,'.1936- 42,597,452 LBS. 2,962,638 LBS. 2,741,484 LBS.
ESTIMATED PRODUCTION APR.1936**' 181,552,000 LBS. 4,830,000 LBS. 17,310,000 LBS.
ESTIMATED PRODUCTION APR.1935**, 179,435,000 LBS. 6,445,000 LBS. 15,444,000 LBS.
* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** SUBJECT TO REVISIONS.
AVERAGE DAILY PURCHASES PER PRODUCER*
APRIL MARCH
1936 r 1935 .1936 1935
TOTAL PURCHASES 323,059,434 LBS 326,297,505 LBS 282,595,250 LBS 279,117,833 LBS
NUMBER OF PRODUCERS 90,977 92,007 87,308 84,242
AVERAGE DAILY
PURCHASES PER
PRODUCER 118.37 LBS 118.21 LBS 104.41 LBS 106.88 LBS
PERCENTAGE CHANGES
IN 1936 COMPARED + 0.14 2.31
WITH 1935


PERCENTAGE CHANGE IN APRIL, 1936 COMPARED WITH ViAR. 1936
PERCENTAGE CHANGE IN APRIL, 1935 COMPARED WITH MAR. 1935


- +13.3/
- +10.60


* THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY FOR"THE MANUFACTURE OF EVAPORATED
AND CONDENSED MILK.
REVISED NET WHOLESALE SELLING PRICES IN CARLOTS-F.0.B.DISTRIBUJTING POINTS-MARCH 1936
; (CASE GOODS)
THE PRICE OF $2.55 PUBLISHED LAST MONTH WAS IN ERROR, ACCORDING TO INFORMATION
LATER RECEIVED FROM FIRMS REPORTING SAME. FOLLOWING TABLE SHOWS REVISED PRICES FOR
MARCH.
EVAPORATED MJLK CONDENSED MILK
F. 0. B. (PER CASE OF 48 14 oz. CANS) (PER CASE OF 48 14 oz. CANS)
RANGE AVERAGE RANGE AVERAGE
BOSTON $2.85-3.15 $303 $4.50-4.85 $4.73
NEW YORK CITY 2.85-3.15 3.02 4.31-4.90 4.64
PHILADELPHIA 2.85-3.15 3.01 4.75-4.85 4.82
CHICAGO 2.79-3.05 2.93 5.25 5.25
CLEVELAND 2.75-3.05 2.93 -
ST. LoUIS 2.79-3.05 2.93 -
KANSAS CITY 2.79-3.05 2.93 -
MINNEAPOLIS-ST.PAUL 2.70-3.05 2.92 -
ATLANTA 2.84-3.05 2.95
NEW ORLEANS 2.75-3.05 2.98 4.02-4.50 4.26
DENVER 2.84-3.05 2.95
SEATTLE 2.80-3.05 2.94 -
SAN FRANCISCO 2.74-3.05 2.88 -
Los ANGELES 2.74-3.05 .2.87 _


(Continued front
to reports received from manufacturers by the
Bureau of Agricultural Economics, were
61,775,000 pounds. This represented a decrease
of 16.6 percent under May,1 of last year, and
was considerably below the 1931-35 average for
that date, of 104,735,000 pounds. Manufacturers
stocks increased 19,200,000 pounds during the
month of April, compared with an average
increase during the above mentioned five year
period of 16,300,000 pounds. The 1936 increase
loses much of its signifance when this years
relatively light total stocks are taken into
consideration. In April 1935, the increase in
stocks was 24,200,000 pounds. It is of interest
in this connection to note that according to the-
last quarterly survey of stocks in hands of a
sample group of wholesale grocers, that class-of
distributors were holding 20 percent less evapo-
rated milk on March 31 this year than last, and
35 percent less than -+ the close of the
9966 VEL80 Z9ZL C mber 31, 1935.
.. U...... I .... In lim Il 1111 11111 H i illIII III 111111 11111 II


first page)
Prices paid for milk by condenseries in
April were slightly less than in March, and in
April of last year. Minimum prices to be paid
for such*milk are defined in the evaporated
milk marketing agreement, but this price, which
is based on butter and cheese prices, has been
exceeded in many cases. Wholesale selling
prices of evaporated case are reported generally
unchanged this month, as compared with April.
Estimated production of condensed case
goods in April was 4,830,000 pound., a decrease
of about 25 percent under last year, Stocks on
May 1, as reported by manufacturers, amounted to
but 3,741,000 pounds, a decrease of 32.6 percent
under a year earlier. Each preceding month
dur-ing.the current year, stocks of condensed
case have been'at new record lows for the
period, and this is also true of May 1.