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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/AA00013239/00065
 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: AA00013239:00065

Full Text

UNITED STATES DEPARTMENT OF.AGRICULTURE i
BUREAU OF AGRICULTURAL ECONOMICS I
MARKET NEWS SERVICE U.. DEPOSITORY

MONTHLY EVAPORATED AND CONDENSED MLK MARKET REPORT
(AUGUST 1936)

No. 204 WASHINGTON, D. C. AUGUST 22, 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.


PPlRRS PAln OfnlhlC'FP FCnP Z>Rc'( MII


SECTION I
2
S 3
4
5
S 6
U.S. AVERAGE


$1.66
1.69
1I50
1.55
1.59
1.74
1.63


F.. fl~ P. FAflTPRY rnR .IILY 1936*


NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS REPORTING RANGE AVERAGE
NEW ENGLAND | $ $ -
MIDDLE ATLANTIC 6 T I68-1.71 169
SOUTH ATLANTIC 2 1.49-1.62 1.56
E. NORTH CENTRAL 86 1;56-1;98 1.65
W. NORTH CENTRAL 9 1.53-1.73 1;59
SOUTH CENTRAL 13 1.43-1.56 1;48
NORTH WESTERN 11 1.51-1.67 1,59
SOUTH WESTERN 22 1,43-1,79 1_68
U.S. JULY 1936 149 1.43-1.98 1.63
U. S. JUNE 136 149 1.22-1.58 1.39
U.S. JULY 1935 142 0.98-1.40 1.13
* 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.
!/ 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 JULY 1.64.
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.


JULY 1936


JUNE 1936


JULY 1935

$113
1.27
1.01
1.13
1.07
1.23


1.13


1 j1.39 9


NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS JULY 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.


F. 0. B.


(PER CAS


EVAPORATED MjLK
E OF 48 14- oz. CANS)


RANGF


AVFRACGE


RANGE A .....
____....__ _____ ---I- -


BOSTON
NEW YORK CITY
PHILADELPHIA
CHICAGO
CLEVELAND
ST. LOUIS
KANSAS CITY
MINNEAPOLIS-ST.PAUL
ATLANTA
NEW ORLEANS
DENVER
SEATTLE
SAN FRANCISCO
LOs ANGELES


$2.87-3.40
2.87-3.40
2.87-3.40
2.77-3.30
2.77-3.30
2.77-3.30
2.77-3.30
2.90-3.30
2.90-3.30
2.90-3.30
2.90-3.30
2.90-3.30
2.80-3.30
2.80-3.30


$3.20
3.20
3.18
3.12
3.10
3.15
3.13
3.15
3.20
'3.16
3.16
3.15
3.08
3.05


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


.RANGE


$4.40-5.00
4.35-5.00
4.40-5.00
5.25




4.25-5.00


AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIC


UNSWE TENED EVAPORATED'-
PER1CASE OF
48 14- oz. CANS)
NEW ENGLAND $3.19
MIDDLE ATLANTIC 3.22
SOUTH ATLANTIC 4.17
E. N. CENTRAL 3.12
W. N. CENTRAL 3.17
SOUTH CENTRAL 3.18
NORTH WESTERN 3.20
SOUTH WESTERN 3.10


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


14.65
4.65
4.65
4.87
4.87
4.75
5.39
5.39


)NS JULY 1936
SWEETENED CONDENSED
(.BULK PER CWT.)
UNSKIMMED SKIMMED
$8.75 $5.31
8.75 5.01
8.75 5.88
8i38 5.31
7.88 5.22
8.75 5.88
8.75 5.90
8.75 5,88


U. S. AVERAGE 539
JULY 1936 $3.17 $4.79 $8.43 $539
U. S. AVERAGE
JUNE 1936 $2.95 $4.80 $7.84 $5.00
U. S. AVEFAGE $7.38 $4.50
JULY 1935 $2.62 $4.80 $7.38
* AVERAGES IN TWO ABOVE TABLES TAKE INTO ACCOUNT A GENERAL PRICE INCREASE OF 25 PER
CASE WHICH WAS EFFECTIVE JULY 8. PRICE RANGES INCLUDE ENTIRE MONTH*
RECORD LOW STOCKS OF EVAPORATED MILK PRICES HIGHER


A very firm condition prevails in evapo-
rated milk markets this month (August), follow-
ing the exceptionally heavy clearance of goods
in July and a lowered rate of production, both
of which are revealed in reports from manu-


facturors. Ore particularly outstanding situ-
ation is the fact that August 1 stocks in the
hands of manufacturers were the lowest of record
for that date. August 1 inventories made for a
total of 99,638,000 pounds, which is the lowest


(CONTINUED ON NEXT PAGE)
AUGUST 1936


4__ 1


H V U


* t I1
4.67
4.71
5.25


4.36


I I I


AVEKAUt







PAGE 2
STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK
TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
WN 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
DELl VERED.
STOCKS AND PRODUCTION FIGURES FOR THE CURRENT MONTH INCLUDE REPORTS FROM
PRACTICALLY ALL FIRMS MANUFACTURING THE CLASSES OF MILK INDICATED.
EVAPORATED MILK CONDENSED MI NDNSD MIK
(CASE GOODS) (CASE GOODS) (BULK GOODS)
TOTAL STOCKS
TOTAL STOCKS ON AUG. I, 1936 99,638,153'LBS. 11,188,358 LBS. 13,220,874 LBS.
NO. OF FIRMS REPORTING* 35 8 27
COMPARISON FOR SAME FIRMS:
AUG. 1, 1936 99,638,153 Les. 11,108,358 LBS. 13,220,874 LBS.
JULY I, 1936 186,147,464 LBS. 11,275,251 LBS. 13,894,286 LBS.
% CHANGE DURING MONTH -46.47% 0.77% 4.85%
FIRMS IN COMPARISON' 35 8 27
AUG. 1, 1936 99,638,153 LBS. 11,188,358 LBS. 13,220,874 LBS.
AUG. 1, 1935 339,800,637 LBS. 18,158,679 LBS. 12,779,941 LBS.
% CHANGE FROM PREVIOUS YEAR -70.68% -38.39% + 3.45%
FIRMS IN COMPARISON* 35 8 27

PRODUCTION
COMPARISON FOR SAME FIRMS: PROD
JULY, 1936 197,507,184 LBS. 4,162,836 LBS. 13,102,197 LBS.
JUNE, 1936 251,534,154 LBS. 4,127,121 LBS. 18,917,657 LBS.
% CHANGE DURING MONTH -21.48% + 0.87% -30.74%
FIRMS IN COMPARISON* 34 7 28
JULY, 1936 197,507,184 LBS. 4,162,836 LBS. 13,102,197 LBS.
JULY, 1935 198,757,605 LBS. 3,884,858 LBS. 12,094,322 LBS.
% CHANGE FROM PREV. YEAR 0.63% + 7.16% + 8.33%
FIRMS IN COMPARISON* 34 7 28

FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON JULY I, 1936 186,359,265 LOS. 11,275,251 LBS. 14,663,705 LBS.
ESTIMATED PRODUCTION JULY 1936** 211,299,000 LBS. 4,281,000 LBS. 25,058,000 LBS.
ESTIMATED PRODUCTION JULY 1935** 212,639,000 LBS. 3,995,000 LBS. 23,131,000 LBS.
* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** SUBJECT TO REVISIONS.

AVERAGE DAILY PURCHASES PER PRODUCER*

JULY JUNE
1936 1935 1936 1935
TOTAL PURCHASES 382,409,737 LBS 395,869,901 LBS 441,918,671 LBS 442,369,096 LBS
NUMBER OF PRODUCERS 102,761 101,494 103,966 102,209
AVERAGE DAILY
PURCHASES PER
PRODUCER 120.04 LBS 125.82 LBS 141.69 LBS. 144.27 LBe
PERCENTAGE CHANGES
IN 1936 COMPARED 4.59 1.79
WITH 1935


PERCENTAGE CHANGE IN JULY 1936 COMPARED WITH
PERCENTAGE CHANGE IN JULY 1935 COMPARED WITH
* THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY FOR T
AND CONDENSED MILK.
(CONTINUED FROM FIRST PAGE)
amount on that date since 1922, when total the month of
stocks were 117,581,000 lbs. The next lowest July 1935 cha
record was in 1933 when 131,987,000 lbs. were pounds, and f
reported. The 1936 stocks on August 1, amount- the average c
ing to loss than 100,000,000 pounds are in pounds. A re
striking contrast to August 1 last year, when during July o
stocks totaled 339,978,000 lbs., being only 1920.
20,000,000 pounds less than the all-tino high
reached the following nonth. A heavy movement The pr
of evaporated milk from manufacturers to whole- greatly diffc
sale grocers and other distributors had been July high of
going on prior to and about the time of the was only 0.6
July price advances. The heavy trade output drop under Ju
in July referred to later is evidence of what compared with
took place during that month. The fact is, per cent. Ir
however, that even earlier than that there were many sections
active movements, and this is indicated in the year's July I
report following the usual quarterly survey for recent sellii
the period which ended June 30. Those figures that stocks
show that between March 31 and June 30 this
year, representative wholesale grocers' stocks The g
increased over 26 percent. During the corre- which occur
spending period in 1935, stocks of these sane and even at
distributors were reduced 23 percent. In 1935, being delayed
however, the price situation was different than Current price
this year, for there was a drop in prices higher than
during the summer, and it was during this increase are
period that the previously mentioned record season since
stocks were accumulating in manufacturers' hands, time since t]
This years reduction of these stocks during


JUNE 1936
JUNE 1935


- -15.28
- -12.79


HE MANUFACTURE OF EVAPORATED


July was 86,700,000 pounds. The
nge was an increase of 52,570,000
or the five-year period, 1931-35,
change was an increase of 29,500,000
duction of manufacturers' stocks
occurred in only five years since


*oduction situation in July was not
rent as to volume than the record
a year ago, in that the total pack
percent less than in 1935. The.
me, however, was 21.5 percent,
x an average decrease of about 18.0
View of the drought conditions in
s, it is quite possible that this
reduction was stimulated by the
ng price increases and a recognition
are at a very low point.

general advance of 25 cents per case
ed early in July has held in Augusty
the higher prices, some orders are
d because of short supplies.
os are about 55 cents per case
a year ago, and since the recent
not only the highest.for this
1930, but are higher than ah any
he early part of 1931.


AUGUST 1936


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