Monthly evaporated and condensed milk market report

MISSING IMAGE

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:
AA00013239:00069


This item is only available as the following downloads:


Full Text


UNITED STATES DEPARTMENT OF AGRICULTURE -
BUREAU OF AGRICULTURAL ECONOMICS U.. DEPOiTORY
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
(DECEMBER 1936)

No. 208 WASHINGTON, D. C. DECEMBER 22, I136
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 3.56 MILK F. 0. B. FACTORY FOR NOVEMBER 1936*
NUMBER OF FACTORIES PRICE PER CWT.
GEOGRAPHIC SECTIONS REPORTING RANGE AVERAGE
NEW ENGLAND 1/ $ '
MIDDLE ATLANTIC 6 1.68-1.87 1.78
SOUTH ATLANTIC 2 1.53-1.71 1.62
E.NORTH CENTRAL 89 1.52-2.05 1.63
W.NORTH CENTRAL 10 1.45-1.81 1.61
SOUTH CENTRAL 13 1.42-1.89 1.53
NORTH WESTERN 11 1.44-1.88 1.67
SOUTH WESTERN 21 1.49-1.77 1.70
U.S. NOV. 1936 152 1.42-2.05 1.64
U.S. OCT. 1936 152 1.33-2.00 1.65
U.S. NOV. 1935 141 1.20-1.90 1.49
* 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.
1/ 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 NOVEMBER 1.59.
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.
NOVEMBER 1936 OCTOBER 1936 NOVEMBER 1935
SECTION I $1.68 $1.65 $1.50
S 2 1.78 1.72 1.68
3 1.56 1.54 1.34
4 1.63 1.60 1.50
S 5 1.69 1.66 1.39
6 1.73 1.76 1.58
U. S. AVERAGE 1.64 1.65 1.49
NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS NOVEMBER 1936
(CAt;E GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE B.-SED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACTUAL SALES DELIVERED AT MANUFACTURERSI DISTRIBUTING POINTS ON BASIS OF
CASH OR SHORT TIME CREDIT.


F. .0. S.


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


I EVAPORATED MILK
(PER CASE OF 48 14- oz. CANS)


RANGF


AVERAGE


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


RANIGE


I -- L I. ___ _


$3.05-3.40
3.05-3.40
3.05-3.40
2.95-3.30
2.95-3.30
2.95-3.30
2.95-3.30
2.95-3.30
3.05-3.30
3.05-3.30
3.05-3.30
3.05-3.32
2.85-3.30
2.85-3.30


$3.22
3.23
3.20
3.13
3.13
3.13
3.14
3.15
3.16
3.16
3.16
3.18
3.07
3 *07
3-0l7


$4.40-5.00
4.40-5.00
4.40-5.00
5.25



4.40
4.40-5.00


AVERAGE
$4.75
4.72
4.75
5.25



4.40
4.59


AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS NOVEMBER 1'936
UNSWE TENED EVAPORATED SWE TENED CONDENSED SWEETENED CONDENSED
(PER CASE OF (PER CASE OF BULK PER CWT.)
48 14" oz. CANS) 48 14 9z. CANS) UNSKIMMED SKIMMED
NEW ENGLAND $3.22 $4.80 $8.75 $5.62
MIDDLE ATLANTIC 3.17 4.73 8.75 5.51
SOUTH ATLANTIC 3.18 4.83 8.75 '6.25
E. N. CENTRAL 3.12 4.92 8.36 5.41
W. N. CENTRAL 3.13 4.92 8.38 5.86
SOUTH CENTRAL 3.16 4.73 8.75 6.25
NORTH WESTERN 3.19 5.39 8.75 6.33
SOUTH WESTERN 3.08 5.39 8.75 -6.25
U. S. AVERAGE
Nov. 1936 $3.15 $4.86 $8.54 $5.71
U. S. AVERAGE
OCT. 1936 $3.20 $4.82 $8.65 $5.68
U. S. AVERAGE
Nov. 1935 $2.73 $4.77 $7.56 $4.86


CONTINUED HEAVY PRODUCTION AND STOCKS OF EVAPORATED MILK


New high records continue to be estab-
lished in evaporated milk markets. This month,
there are twoto be mentioned. production and
stocks. The November pack, as reported to the
Bureau of Agricultural Economics by manufactur-
ers, was approximately 128,000,000 pounds,
which is 27,000,000 pounds greater than the


previous November record reached in 1934. New
production records stand out as one of the
features of the 1936 evaporated milk situation,
for with the exception of February, June and
July, in all other months up to December, the
quantities produced were larger than in any
previous year. The net result of these monthly


(CONTINUED ON NEXT PAGE)
DECEMBER 1936


7--






PAGE 2


STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK


TOTAL STOCKS INCLUDEALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
Wl6 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 CONDENSED MILK
(CASE GOODS) (CASE GOODS) (BULK GOODS)
TOTAL STOCKS
TOTAL STOCKS ON DEC. I, 1936 278,510,659 LBS. 10,190,271 LBS. 7,787,407 LBS.
No. OF FIRMS REPORTING* 38 7 31
COMPARISON FOR SAME FIRMS:
DECEMBER I, 1936 278,510,659 LES. 10,190,271 LBS. 7,787,407 LBS.
NOVEMBER I, 1936 251,751 ,162 LBS. 11,689,009 LBS. 11,225,825 Les.
o CHANGE DURING MONTH +10.63Y -12.820 -30.63o
FIRMS IN COMPARISON 38 7 31
DECEMBER 1, 1936 274,097,560 LBS. 10,190,271 LBS. 7,784,095 LBS.
DECEMBER I, 1935 91,249,674 LBS. 11,697,252 LBS. 3,201,167 LBS.
O CHINGE FROM PREV. YEAR +200.38a -12.88% +143.16%
FIRMS IN COMPARISON* 35 7 30
PRODUCT ON
COMPARISON FOR SAME FIRMS:
NOVEMBER, 1936 127,880,696 LOS. 3,384,755 LBS. 8,932,860 LBS.
OCTOBER, 1936 186,573,459 LBS. 3,262,381 LBS. 11,332,937 LBS.
o CHANGE DURING MONTH -31.46% + 3.75% -21.18o
FIRMS IN COMPARISON* 38 8 31
NOVEMBER, 1936 126,570,836 LBS. 3,384,755 LBS. 8,904,846 LBS.
NOVEMBER, 1935 86,238,461 LBS. 3,602,409 LBS. 8,502,163 LeS,
0 CHANGE FROM PREV. YEAR +46.77% 6.04- + 4.74%
FIRMS IN COMPARISON* 35 7 30

FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON DEC. 1, 1936 251,751,162 LBS. 11,689,009 LBS. 11,232,953 LBS,
ESTIMATED PRODUCTION Nov.1936** 127,881,000 LOS. 3,538,000 LBS. 11,326,000 LBS.
FINAL PRODUCTION NOVEMBER 1935 86,337,000 Los. 3,765,000 LBS. 10,813,000 LBS.

* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** SUBJECT TO REVISION.

AVERAGE DAILY PURCHASES PER PRODUCER*

NOVEMBER OCTOBER
1936 1935 1936 1935


TOTAL PURCHASES
NUMBER OF PRODUCERS
AVERAGE DAILY
PURCHASES PER
PRODUCER


PERCENTAGE CHANGES
IN 1936 COMPARED
WITH 1935


,056,319 LBS 209,388,407 Lss 330,877,681
107,305 89,875 LBS 106,776


77.66 LBS


*1'


85.13 LBS


+ 9.62


PERCENTAGE CHANGE IN NOV. 1936 COMPARED
PERCENTAGE CHANGE IN NOV. 1935 COMPARED
*THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY
AND CONDENSED MILK.


99.96 LBS


255,827,483 LB
93,475


88.29 LBe


+ 13.22


WITH OCT. 1936 -14.84
WITH OCT. 1935 -12.04
FOR THE MANUFACTURE OF EVAPORATED


(CONTINUED FROM FIRST PAGE)


increases is an estimated pack for the period,
-January to November, inclusive, of 1,947,884,000
pounds, an increase of 210,000,000 pounds, or
12 percent, over the corresponding 11-months
period of 1935. Furthermore, with still another
month to be accounted for, there is already an
*increase of 109,000,000 pounds over total pro-
'duction for the full calendar year of 1935.
'The relatively low stocks situation which
existed earlier in the fall, along with prospects
for milk supplies later in the winter, are
douibtless factors which lent support to the
production program which condenseries have
followed, although the very favorable fall
pasture and weather conditions in producing
sections, with a resultant heavy milk flow,
naturallyy increased supplies of milk available
at condenseries, as well as at other types of
dairy plants. The seasonal decline in November
evaporated milk production from that of October
Tas 31 percent, compared to an average drop of
21 percent during the previous five years.
While not necessarily applicable to condensery
ou'tputs, it is of interest to note that some of
the more recent information which is available
regarding weekly current butter production
*rends, suggests that the same increased
relationship over last year which existed some
aefts *aako .dAosa sesen to lea holding up in


December.

The other record established this month
is that of manufacturers' stocks. Tabulated
reports show a total of 278,511,000 pounds on
December 1, which is the largest amount of
record for that date. Stocks increased
27,000,000 pounds between November 1 and
December 1, due partly to heavy production,
but apparently to some extent also by a slowing
up of trade output, which again in Novenber,
as in October, will likely be about 50 percent
lower than in these sane months last year. The
usual stocks change between November 1 and
December 1 is a reduction, averaging about
31,000,000 pounds the past five years. It
appears that the slower rate of movement the
past few months may show that there was a
slight calendar reduction in trade output up
to December 1, as compared with the correspond-
ing period of 1935, whereas up to November 1
there was an increase of 4.4 percent.

Wholesale selling prices of evaporated
case in November averaged $3.15 per case, a
reduction of 50 below the October average, but
42Z above November 1935.


DECEiMBEYR 1936


. Z8. 6 III... .. e




Full Text
xml version 1.0 encoding UTF-8
REPORT xmlns http:www.fcla.edudlsmddaitss xmlns:xsi http:www.w3.org2001XMLSchema-instance xsi:schemaLocation http:www.fcla.edudlsmddaitssdaitssReport.xsd
INGEST IEID ER67KTK60_3DQYYW INGEST_TIME 2013-01-22T14:52:03Z PACKAGE AA00013239_00069
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES