Monthly evaporated and condensed milk market report

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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:
AA00013239:00070


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UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
(JANUARY 1937)
--------1--1 -7 ., y


JANUARY Bi 937


j INFORMATION IN THIS MONTH'S REPORT IS FURNISHED BY ALL FIRMS OF RECORD WHICH
INUFACTURE CASE GOODS EVAPORATED MILK OR CONDENSED MILKI OR BOTH.


PRICES PAID PRODUCERS FOR 3.5fo MILK F.


0. B. FACTORY FOR DECEMBER 1936*


GEOGRANUMBER OF FACTORIES PRICE PER CWT.
EOGRAPH I SECTIONS REPORTING RANGE AVERAGE
NEW ENGLAND I- / $ $ -
MIDDLE ATLANTIC 4 T/ 1.68-1.78 1 76
SOUTH ATLANTIC 2 1.53-1.71 1.62
E.NORTH CENTRAL 90 1.54-2.05 1.62
WNORTH CENTRAL 11 1,53-1.75 1.62
SOUTH CENTRAL 13 1;42-1.53 I148
NORTH WESTERN 11 1.40-1.78 1.61
SOUTH WESTERN 22 1.46-1.75 1.67
SS. DEC. 1936 153 1.40-2.05 1.62
U.S. NOV. 1936 152 1.42-2.05 1.64
.US. DEC. 1935 141 1.40-2.00 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*
jJ 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 DECEMBER 1.61.
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
AJLK MARKETING AGREEMENT.
DECEMBER 1936 NOVEMBER 1936 DECEMBER 1935
S.ECTION I $1.62 $1.65 2/ $1,58
2 1.76 1.78 1.74
3 1.53 1.56 1.42
4 1.58 1.53 1.57
5 1.61 1.69 1.50
6 1.71 1.73 1.68
IU. S. AVERAGE 1.62 1.64 1.57
"2 $1.68 PUBLISHED ON PREVIOUS REPORT WAS TYPOGRAPHICAL ERROR,
NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIBUTING POINTS DECEMBER-t93"6
S(CASE GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE BASED ON THE REPORTS AADE SBYANPACTRERS-
_COVERING ACTUAL SALES DELIVERED AT MANUFACTURERSI DISTRIBUTING POINTS ON BASIS OF
CASH OR SHORT TIME CREDIT.
EVAPORATED MJLK CONDENSED MILK
F. 0. B. (PER CASE OF 48 14I oz. CANS) (PER CASE OF 48 14 OZ. CANS)
RANGE AVERAGE RANGE AVE-RAGE
NBOSTON $3.09-3.40 $3.18 $4.40-5.00 .$4;75
MtW YORK CITY 3.09-3.40 .3.18 4.40-5.00- .-4.72
-' PhILADELPHIA 3.09-3.40 3.16 4.40-5.00 -4-.74-,.
CO I1CAGO 2.99-3 23 3.09 5.25 -5.25
CLEVELAND 2.99-3 30 3.08 -
ST. Louis 2.99-7.20 3.10 -
K4NSAS CITY 2.99-3 20 3;09 --
M.INNEAPOLIS-ST.PAUL 2.99-3.30 3.08 -
-AtLANTA 2.99-3.20 3.09 4.40 -4-0-.-
NEw ORLEANS 2.99-3,30 3.10 4.40-5.00 4,53
DENVER 2.99-3.20 3.09
-SEATTLE 2.99-3 31 3.10 -
._.SN FRANCISCO 2.85-3.20 2.98
Lps ANGELES 2.85-3,20 2.98 ___
AVERAGE WHOLESALE SELLING PRICES BY GECSRAPHIC SECTIONS DECEMBER 1936
UNSWEETENED EVAPORATED SWEETENED. CONDENSED SWEETENED CONDELNSED
"PER CASE OP PER CASE OF (BULK PER CWT.)
48 14- oz. CANS) 48 -14 oz. CANS) UNSKIMMED SKIMMED _
NEw ENGLAND $3.17 $4.80 $8.75 $5.59
-MJDDLE ATLANTIC 3.13 4.73 8.75 5.40
-S6uTH ATLANTIC 3.16 4.83 .. 875 6.00
E. N. CENTRAL 3.09 4.92 8.32 5.42.
W. N. CENTRAL 3.10 4.92 8.31 5.84,
SOUTH CENTRAL 3.11 4.73 8.75 6.2-13
NQRTH WESTERN 3.12 5.39 8.75 6.3
SQUTH WESTERN 3.03 5.39 8.75 2
U.S. AVERAGE
DEC. 1936 $3.12 $4.86 $8.51 $5.70
U.S. AVERAGE .
Nov. 1936 $3.15 44.86 $8.54 $5.71
0.S. AVERAGE
SDEC.1935 $2.91 $4.77 $7.97 $4.98'"
..TWO BILLION POUNDS OF EVAPORATED MILK PRODUCED IN' 1936


Production of evaporated milk in December
1936, estimated at 113,500,000 pounds, exceeded
all previous December packs, and was approxi-
mately 11.5 percent greater than the former
--high record of 101,600,000 pounds. The latter
.apAunt was the production recorded'for December
1n^i ..t S -,_.


1935, and also December 1932.; Tfm1sally.y"h-a
production during the last half. of 1936
accounted for a total calendar year- paci.o-o .
two billion pounds, which-is an.increase-of. 12
percent over 1935 produ ct i Thus,-the-ste ,
upward tendency-of evapora.te.L~ik-pr"duc kia '
_ .1 \ -- ~,^


C( continue on next page)
JANUARY. 1937


MN. 29q


NU koVVA D N N, L'. I. --


WASHINGTON D O


E









STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK


TOTAL STOCKS INCLUDE AL.. STOCKS HELD BY MANUFrCTURERS REPORT IG WHETHER THEIR
WN'OR STOCKS OF OTHERS; WHETHER ON THEIR OWN PREMISES, IN STORAGE;' OR IN TRANSIT
.IUNSOLO) FOR WAREHOUSE CONSIGNMENTS; AND WHETHER SOLD OR CONTRACTED FOR AND NOT
DELIVEREDD ,
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 ON JAN. I, 1937* 258,903,904 LBS.
NO. OF FIRMS REPORTING* 38
COMPARISON FOR SAME FIRMS:
JANUARY I, 1937 7, 258,903,904 LBS.
DECEMBER I, 1936 278,510,659 LBS.
% CHANGE DURING MONTH 7.04%
FIRMS IN COMPARISON 38
JANUARY I, 1937 254,531,585 LBS.
JANUARY 1, 1936 72,916,046 LBS.
o CHANGE FROM PREV. YEAR +249.07%
FIRMS IN COMPARISON* 35

COMPARISON FOR SAME FIRMS:
DECEMBER, 1936 112,940,624 LBS.
NOVEMBER, 1936 127,880,696 LBS.
fo CHANGE DURING MONTH -1 .68%
FIRMS IN COMPARISON* 37
DECEMBER, 1936 111,988,855 LBC.
DECEMBER, 1935 100,252,134 Lns,
o CHANGE FROM PREV. YEAR +11.71%
FIRMS IN COMPARISON* 34


TOTAL STOCKS
9,071,393 LBS.
7


'9,071,393 LBS.
10,190,271 LBS.
-10.98%
7
9,071,393 LBS.
.8,828,524 LBS.
+ 2.75%
7
PRODUCT ION

3,983,021 LBS.
3,384,755 LBS.
+17.68%
7
3,983,021 LBS.
3,820,922 LBS.
+ 4.24%
7


5,669,780 LBS.
30


5,612,319 LBS.
7,787,407 LBS.
-27.93%
29
5,608,087 LBS.
2,701,953 LBS.
+107.56%
28


9,655,349 LBS.
8,932,860 LBS.
+ 8.09%
29
9,621,021 LBS.
10,598,104 LeS.
9.22r
28.


FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON DEC. 1, 1936 278,510,659 LOs. 10,190,271 LBS. 7,787,407 LBS.
ESTIMATED PRODUCTION DEC 1936** 113,502,000 LeS. 4,198,000 LBS. 12,586,000 LBS.
FINAL PRODUCTION DECEMBER 1935 101,604,000 LeS. 4,027,000 LBS. 13,864,000 LoS.
* FIRMS, NOT'FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
'* SUBJECT TO REVISION.
AVERAGE DAILY PURCHASES PER PRODUCER*

DECEMBER NOVEMBER
1936 1935 1936 1935
TOTAL PURCHASES 274,906,020 LBS 211,955,551 LOS 274,056,319 LBS 209,388,407 LBS
UMBER OF PRODUCERS 105,283 85,906 107,305 89,875
AVERAGE DAILY
PURCHASES PER
.PRODUCER 84.23 LOS 79,59 LBS 85.13 LBS 77.66 LBS
PERCENTAGE CHANGES
IN 1936 COMPARED + 5.82 + 9.62
WITH 1935


PERCENTAGE CHANGE IN DEC. 1936 COMPixRED
PERCENTAGE CHANGE IN DEC. 1935 COMPARED
THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY
AND CONDENSED MILK.


WITH NOV. 1936 -
WITH NOV. 1935 -


- 1.06
+ 2.49


FOR THE MANUFACTURE OF EVAPORATED


(CONTINUED FROM FIRST PAGE)


continues. It is of interest to note that
aninal production of this product has doubled
.during the past fifteen years.

Another important feature of the current
evaporated milk market situation relates to
manufacturers' stocks, for on January 1, these
,amounted to 258,904,000 pounds. Here, again,
is a new high, for this is double the January 1
average during the 1932-36 period. Compared
with a year ago, there is an increase of 249.0
'percent, although in making this particular
.caomparisbn, it must be remembered that stocks
of January 1, 1936 were the lowest reported
since 1927, It was in 1930 that the previous
.r._luar.y 1 high record was established, but at
that time stocks were only 212,000,000 pounds.

i hen stocks of evaporated milk
:accumulate in manufacturers' hands to the.
;!extent that the January 1 figure indicates,


there is always the possibility that wholesale
grocers and other distributors may occupy an
opposite position. The usual quarterly survey
of wholesale grocers' stocks was made at the
close of the year, and while returns are even
yet not complete enough to warrant a final
tabulation, a preliminary review of returns
indicates that December 31 evaporated milk
inventories made by these distributors, revealed
stocks about 20 percent lighter than a year
earlier.

There is not much change in the average
price situation, except for a slight tendency
downward. Some manufacturers have reduced
prices a few cents per case, but this" does not
apply generally. The tone of the market is
steady, and trade output fairly good:, exceeding
the previous year in Decpmbe.r.





I. (-- -.
US DEpCOTORY


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