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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/AA00013239/00063
 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: AA00013239:00063

Full Text

UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MARKET NEWS SERVICE
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
(JUNE 1936)
No. 202 WASHINGTON, D. C. JUNE 23, 1936
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 MAY 1936*


NUMBER OF FACTORIES PRICE PER CWTs
GEOGRAPHIC SECTIONS
REPORTING RANGE AVERAGE
NEW ENGLAND $
MIDDLE -ATLANTIC 6 1.34-1;35 1.35
SOUTH ATLANTIC 2 1.18-1.27 1;23
E. NORTH CENTRAL 86 1.23-1.55 1I28-
W. NORTH CENTRAL 9 1;11-1.35 1.21
SOUTH CENTRAL 12 1. 11-1.29 1.17
NORTH WESTERN II 1.20-1.40 1.30
SOUTH WESTERN 21 1.18-1.53 1.43
U.S. MAY 1936 147 1.11-1..55 .1.29
U.S. APR 1936 145 1.25-1.65 1.40
U.S. MAY 1935 142 1.04-1.58 1.23
* 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
MAR:KETIING..AGREEMENT NOW IN EFFECT, PRICES PAID PRODUCERS ARE CALCULATED BY FORMULAS
WHICH TAKE INTO ACCOUNT THE CURRENT MONTHS AVERAGE WHOLESALE BUTTER AND CHEESE
MARKETING .QUOTATIONS. THESE AVERAGES ARE NOT AVAILABLE AT THIS TIME.
_/.REPORTS NOT RECEIVED FROM TEN FACTORIES IN THESE AREAS WHICH BASE PRICES ON
FORMULA IN EVAPORATED MILK MARKETING AGREEMENT. FORMULA PRICE FOR THIS AREA
IN MAY, $1.30.
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.


MAY 1936


APRIL 1936


N


/AY 1935


SECTION I $1.28 $140 $1.24
1 2 1.35 1.51 1.41
3 1.18 1.28 1.13
4 1.29 -1.36 1.21
5 1.30 1.37 1.20
6 1.49 1.57 1.30
U.S, AVERAGE 1.29 1.40 1.23
NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS MAY 1936
(CASE GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE BASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERSt 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)
S RANGE AVERAGE RANGE 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 4.64
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 2.84-3.05 2.96 -
MINNEAPOLIS-ST.PAUL 2.70-3.05 2.94 -
ATLANTA 2.84-3.05 2.95
NEW ORLEANS 2.75-3.05 2'95 4.02-5.00 4.19
DENVER 2.84-3.05 2.95 -
SEATTLE 2.84-3.05 2.94
SAN FRANCISCO 2.70-3.05 2.85 -
Los ANGELES 2.70-3.05 2.84 -
AVERAGE WHOLESALE SELLING PRICES BY 'GEOGRAPHIC SECTIONS MAY 1936
UNSWE TENED EVAPORATED SWEETENED CONDENSED SWEETENED CONDENSED
PER CASE OF (PER CASE OF.' (BLK PER CWT.)
48 14; oz. CANS) 48 14 oz. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $3.00 $4.78 $7.94 $4.92
MIDDLE ATLANTIC 3.00 4.75 7 94 4.86
SOUTH ATLANTIC 2.99 4.93 7.94 513
E. N. CENTRAL 2.93 5.25 7.85 4.96
W. N. CErTRAL 2.94 .7.60 4.93
SOUTH CENTRAL 2.95 4.43 7.94 5.13
NORTH WESTERN 2.98 5.39 7.94 5.13
SOUTH WESTERN 2.90 1 5.39 7.94 5.13
U. S. AVERAGE
MAY 1936 $2.96 $4.80 $7.86 $4.98
U. AVERAGE
APR. 1936 $2.96 $4.80 $7.98 .$499
U. S. AVERAGE
MAY 1935 $2.83 $4.80 $7.67 $4.69
RECORD MAY PRODUCTION OF EVAPORATED MILK MARKET FIRM


Evaporated milk markets are apparently
sharing in the fairly strong position held by
most other manufactured dairy products this
month (June). Prices are not higher than a
month ago, as is'the case with respect to butter
and cheese, but any price reduction which was
anticipated has not materialized, and goods
have moved from manufacturers' hands in
substantial amounts. May production established


a new high record for that month, but regardless'
of this large pack, June 1 stocks were not
excessive when considered in relation to
previous years. Manufacturers' stocks.on June,1.
are reported as 141,774,000 pounds, compared
with 179,684,000 pounds on June 1, 1935, and an
average for the same date during the past five
years of 154,932,000 pounds. An increase of
80,000,000 pounds:occurred in manufacturers'


(Continued on next page)
JUNE 1936


- --







PAGE 2


STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK


TOTAL STOCKS *I-'NCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
9WN OR STOCKS OF'OTHERS;,WHETHER ON THEIR OWN PREMrISES, 1N 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 :GODS) (CASE GOODS) (BULK GOODS)
TOTAL STOCKS
TOTAL STOCKS ON JUNE I, 1936 141,774,079 LBS. 8,251,523 LBS. 9,168,595 LBS.
NO. OF FIRMS REPORTING* 37 8 30
COMPARISON FOR SAME FIRMS:
JUNE I, 1936 141,,594,207 LBS. 8,251,.523 LBS. 9,168,595 LBS.
MAY 1, 1936 61,774,996 LBS. 3,740,714 LBS. 4,491,513 LBS.
% CHANGE DURING MONTH +129.21 +120.59% +104.13%
FIRMS IN COMPARISON 36 ,. 8 .. 30
JUNE I, 1936 141,774,079 LBS. 8,251,523 LBS. 9,168,595 LBS.
JUNE I, 1935 179,684,414 LBS. 12,284,163 LBS. 9,338,096 LBS.
CHANGE FROM PREV, YEAR -21.10% -32.82% 1.18%
FIRMS IN COMPARISON* 37 8 30
PRODUCTION
COMPARISON FOR SAME FIRMS:
MAY, 1936.: 235,293,209 LBS. 4,746,453 LBS. 17,094,583 LBS.
APRIL, 1936' 177,545,374 LBS. 4,742,643 LBS. 12,607,495 LBS.
% CHANGE DURING MONTH +32.53% + 0.08 +35.59%
FIRMS IN COMPARISON* 35 7 31
MAY, 1936 235,437,455 LBS. 4,746,453 LBS. 17,094,583 LBS.
MAY, 1935 220,889,995 LBS. 4,619,392 LBS. 14,766,117 LBS.
SCHANGE FROM PREV. YEAR +.6.59% + 2.75% +15.77/
FIRMS IN COMPARISON* 36 7 31

FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON MAY I, 1936 61,774;996 LBS. 3,740,714 LBS. 4,588,345 LBS.
ESTIMATED PRODUCTION MAY 1936** :248,258,000 LBS. 5,531,000 LBS. 23,333,000 LBS.
ESTIMATED PRODUCTION MAY 1935** :232,909,000 LBS. 5,383,000 LBs. 20,155,000 LBS.
* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** SUBJECT TO REVISIONS.
AVERAGE DAILY PURCHASES PER PRODUCER*
SMAY APRIL
1936 1935 1936 1935
TOTAL PURCHASES 424,735,029'"LBS 412,037,198 LBS 323,059,434 LBS 326,297,505 LBS
NUMBER OR PRODUCERS 97,402 99,213 90,977 92,007
AVERAGE DA LY
PURCHASES PER
PRODUCER 140.67 LBS 133,97 LBS 118.37 LBS 118.21 LBS
PERCENTAGE CHANGES
IN 1936 COMPARED + 5.0 + 0.14
WITH 1935


PERCENTAGE CHANGE IN MAY, 1936 COMPARED WITH APRIL 1936
PERCENTAGE CHANGE IN MAy, 1935 COMPARED WITH APRIL 1935
(Contirned from first page)


stocks between May 1 and June 1, but in 1935
the May increase was 105,000,000 pounds.

Estimated production of evaporated milk
in May, astinated at 248,000,000 pounds,
exceeded the previous record for the month,
reached in 1935, by over 15,000,000 pounds, an
increase over last year of 6.6 percent. The
seasonal increase, April to May, was 32.5
percent, compared with a 26.0 percent increase
during the corresponding period of last year,
which also happened bo the .vor tgo incrcss cdur-
ing.1-931-35 inclusive. For the calendar year to
June 1, production of evaporated milk amounting
to 805,000,000 pounds, was an increase of 1.7
percent over the corresponding months of 1935.

Of considerable support to evaporated
milk since March 1 has been the relatively
heavy movement of this product from manu-
facturers into trade channels. The May movement
was particularly large as compared with last
year, the increase being 34.0 percent. The
increases in March and April were 15.0 percent
and 13.0 percent, respectively, but'earlier
in the year, principally in January when there


- +18.84
- +13.33


was a 42,.0 percent drop under the previous year,
decreases more than offset later increases, so
that for the five months period, January to May,
inclusive, there is a shortage in trade output
under 1935 amounting to 27,000,000 pounds, or
3.6 percent. Government purchases of evaporated
milk for delivery during the latter part of
June amounted to 6,088,000 pounds (141,600
cases).

Prices paid producers by evaporated milk
plants reflect the changes which have occurred
in butter and cheese markets. The average
price paid for milk in May was 5 cents per cwt.
above last year, and the June price will also
exceed that of June 1935, for butter prices
have been running around 5 cents per pound above
a year ago.

Estimated production of condensed case
in May was only 5,531,000 pounds, but this was
a 2.7 percent increase over 1935. May pro-
duction was practically the same as April, no
seasonal change having occurred. Stocks of
condensed case on June 1 were 8,251,000 pounds,
compared with 12,284,000 pounds on the same
date in 1935.


UNIV. OF FL LIA.





U.-. DfPOSToI f


.JUNE 1936


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