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:
AA00013239:00071


This item is only available as the following downloads:


Full Text
UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MONTHLY EVAPORATED ,NND CODENSED MILK MARKET REPORT
(FEBRUARY IS37)


WASHINGTON. D.C.


FEBRUARY 2;. 1937


INFORMATION IN THIS MONTH'S REPORT IS FURNISHED BY ALL FIRMS OF RECORD WHICH
MANUFACTURE CiAE 0OODS EVAPORATED MILK OR CONDENSED MILK, OR BOTH.


PRICES PAID PRODUCERS FOR 3.5% MILK'F. 0. B.


'CTORY .OR JANUARY 1937*


GEOGRAPHIC SECTIONS


NEW ENGLAND
MIDDLE ATLN1-IC
SOUTH ATLANric
E.NORTH CENTRAL
W.NORTH CENTRAL
SOUTH CENTRAL
NORTHWESTERN
SOUTHWESTERN


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


NUMBER OF FACTORIE;'
I REPORTING I


PRICE PER CWT.
RANGE I


1 .65-1
1 .49-1
I .54-1
1.51-1
S.42-1
I .40-1
S.51-1


$1.59 $1.62 $ .59
1 .75 1.76 .77
1.51 .53 .43
1.58 1.58 1,56
1 .57 1.61 1.55
1.71 1.71 1.66


I .59


1 .59___


1.62


I .bU


AVERAGE


$ -
I .75
1 .58
I .58
1 .6 1
I .47
S.56
1 .68


NET WHOLESALE SELLING PRICES IN CARLOTS F.O.B. DISTRIPUTING' POINTS JANUARY 1937
(CASE GOODS)
THE WHOLESALE PRICES GIVEN BELOW ARE BASED ON THE REPORTS MADE BY MANUFACTURERS
COVERING ACIJAL SALES DELIVERED AT MANUFACTURERS' 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)
RANGE I AVERAGE RANGE AVERAGE
BOSTON $3.09-3.30 $3.17 $4.40-5.00 $4.75
NEW YORK CITY 3.09-3.30 3.17 4.40-5.00 4.72
PHILADELPHIA 3.09-3.30 3.16 4.40-5.00 4.74
CHICAGO 2.99-3.20 3.08 5.25 5.25
CLEVELAND 2.99-3.20 3.08
ST. LouIS 2.99-3.20 I 3.09
KANSAS CITY 2.99-3.20 3.09
MINNEAPOLIS-ST.PAUL 2.99-3.20 3.08 -
ATLANTA 2.99-3.20 3.09 4.40 4.40
NEW ORLENC 2.99-3.20 3.10 4.40-5.00 4.55
DENVER. 2.99-3.20 3.09
SEATTLE 3.04-3.26 3.12
SAN FRANCISCO 2.84-3.20 2.96
Los ANGELES 2.84-3.20 2.96

AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS JANUARY 1937
UNSWEETENED EVAPORATED SWE TENED CONDENSED SW ETENED CONDEN ED
(PER CASE OF PER CASE OF BULK PER CWT.
48 14 oz. CANS) 48 14 oz. CANS) UNSKIMMED I SKIMMED
NEW ENGLAND $3.17 $4.80 1 $.75 $5.66
MIDDLE ATLANTIC 3.13 4.73 8.75 5.38
SOUTH ATLANTIC 3.15 4.83 8.75 6.25
E. N. CENTRAL 3.08 4.92 8.28 5.35
W. N. CENTRAL 3.09 4.92 8.31 5.83
SOUTH CENTRAL 3.10 4.73 8.75 6.25
NORTH WESTERN 3.12 5.39 8.75 6.42
SOUTH WESTERN 3.04 5.39 8.75 6.25
U.S. AVERAGE ...
.JAN.1937 $3.11 $4.86 $8.49 $5.69
U.S. AVERAGE
DEc. 193 $3.12 $4.86 $8.51 $5.70
U.S. AVERAGE
JAN.1936 $2.93 $4.77 $8.02 '$5.08
FEBRUARY PRICE OF EVAPORATED MILK REDUCED


Following a reduction of 15 cents per case
which occurred earlier in the month (February),
evaporated milk markets appear to be about steady
at the new price, which in Eastern markets is
$3.15 on the better known brands. This reduction
reflects the influence of the heavy stocks which
have featured recent months, as well as the
unusually large production. Stocks in manu-


facturers' hands on February 1 amounted to
208,911,000 pounds, which was an increase of
210 percent over stocks reported for February 1,
1936, These current stocks were the largest
ever recorded for February .1, the previous
high for this period, 176,000,000 pounds,
having been reached in 1930. The January
reduction thi yar was 50,000,000 pounds,
inued next


No. 210


U.S. JAN. 1937 144 I .40-1.78 1.59
U.S. DEC. 1936 153. 1.40-2.05 1.62
U.S. JAN. 1936 141 1.44-1.85 1 58
* NOTE: THE INFCRM;TION 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 CALCULiTED BY FORMULAS
WHICH TAKE INTO ACCOUNT THE CURRENT MONTH'S AVERAGE WHOLESALE BUTTER AND CHEESE
MARKETING OUOT-.TIONS. THESE AVER/.GES ,\RE NOT AVAILABLE AT THIS TIME.
J 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 JANUARY $1.61
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.
JANUARY 1937 DECEMBER 1936 JANUARY I136


~~ _)__ ____ ___ .___ __








PAGE 2
STOCKS AND PRODUCTION OF EVAPORATED AND CONDENSED MILK
TOTAL STOCKS INCLUDE ALL STOCKS HELD BY MANUFACTURERS REPORTING WHETHER THEIR
PWN OR STOCKS OF OTHERS; WHETHER UN THEIR OWN PREMISES, IN STORAGE, OR IN TRANS IT
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 MiNUFACTURING THE CLASSES OF MILK INDICATED.


EVAPOHR.TED M ILK
(CASE GOODS)


CONDENSED MIbK C NDENSED MILK
(CASE GOODS) (BULK GOODS)


TOTAL STOCKS ON FEB. I, 1937
No. OF FIRMS REPORTING*
COMPARISON 7JR SAME FIRMS:
FEBRUARY 1, 1937
JANUARY I, 1937
CHANGE DURING MqNTH
FIRMS IN COMPARISON
FEBRUARY 1, 1937
FEBRU,;RY I, 1936
,o CHANGE FROM PREV. YEAR
FIRMS IN CO:MPAfRISON*


COMPARISON
JANUARY,
DECEMBER
o CHANGE
FIRMS IN
JANUARY,
JANUARY,


FOR SAME FIRMS:
1937
, 193
DURING MONTH
COMPARE SON*
1937
1936


% CHANGE FROM PREV. YEAR
FIRMS IN CDMPrRISON*


208,910,821 LBS.
38


208,910,821 LBS.
258,903,904 LBS.
-19.31
38
205,045,841 LBS.
66,094,488 LBS.
+210.23%
35


116,229,518 LBS.
112,940,624 LBS.
+2.91%
38
115,379,015 LBS.
114,985,565 LBS.
+0.34%
35


, T/IL STOCKS
7, ;3,994 LBs.
7


7,123,994 LBS.
9,071,393 LBS.
-21.47%
7
7,123,994 LBS.
6,044,438 LBS.
+17.86%
7
PRODUCTION

4,689,601 LBS.
3,983,021 LBS.
+17.74%
7
4,689,601 LBS.
3,989,237
+-17.56%
7


j,175,444 LBS.
29


5,174,366 LBS.
5,190,925 LBS.
-0.32%
28
5,105,274 LBS.
2,639,688 LBS.
+93.40%
26


10,665,584 LBS.
9,687,388 LBS.
+10.10%
28
10,294,728 LBS.
9,853,827 LBS.
+4.47%
26


FINAL FIGURES FOR LAST MONTH:
TOTAL STOCKS ON JAN. I, 1937 258,903,904 LBS. 9,071,393 LBj. 5,669,780 LBS.
ESTIMATED PRODUCTION JAN. 1937** 116,230,000 LBS. 4,827,'000 LBS. 17,414,000 LBS.
ESTIMATED PRODUCTION JAN. 1936** 115,836,000 LBS. 4,106,000 LB!. 16,669,000 LBS.

* FIRMS, NOT FACTORIES. SOME FIRMS OPERATE MORE THAN ONE FACTORY.
** SUBJECT TO REVISION.
AVERAGE DAI'.Y PLUCHASE PFR PRODUCE*

JANUARY DECEMBER
___ 1936 1936 1935-
TOTAL PURCHASES 281,663,196 LBS. 241,615,679 LBS. 274,900,020 LBS 211,955,551LBS
NUMBER OF PRODUCERS 104,286 86,510 105,283 85,906
AVERAGE DAILY
PURCHASES PER
PRODUCER 87.12 LLS, 90.09 LBS. 84.23 LBS 79.59 LBS
PERCENTAGE CHANGES
COMPARED WITH Z.30 + 5.82
PREVIOUS YEARS
PERCENTAGE CHANGE IN JAN. 1937 COMPARED WITH DEC. 1936 + 3.43
PERCENTAGE CHANGE IN JAN. 1936 COMPARED WITH DEC. 1935 + 6.96
*THESE FIGURES INCLUDE MILK PURCHASED PRIMARILY FOR THE MANUFACTURE OF EVAPORATED
AND CONDENSED MILK.
(Continued from first page)


which is almost double the average reduction
during the past five years, but in view of pro-
duction trends during recent months, it is
obvious that an active buying movement is the
one means of getting the reserve supply situation
more in line with usual conditions at this
season of the year. The last survey of wholesale
grocers' stocks covers the quarter which ended
December 31, at which time the amounts reported
on hand were about 20 percent less than a year
earlier, and 5 percent less than the average at
the close of the same quarter in the period
1931-35, inclusive. This survey also shows that
the December 31 stocks held by wholesale grocers
were much lower in relation to the previous
quarter than usual. In view of this, and the
fact that the above-mentioned price decline has
occurred, some pick-up in demand from this class
of trade might be ea: ected. Preliminary figures
on trade output in January show an increase of
a third over the previous year. This is an en-
couraging change for manufacturers.


January production of evaporated case
was estimated at 116,230,000 pounds, which was
the largest pack for that month since 1933. The
increase ovc." January 1936 was loss than 1
percent, and the increase over the previous
month was only 2.9 percent, compared to an
average seasonal change during the past five
ye:.rs of over 15.0 percent. It will be of
interest to note the production situation in
February, not only in comparison with a year ago,
but also with respect to the change from January.
The average change during recent years has been
a slight increase during February, regardless of
it being a shorter month than January. This,
however, v. s not thej cr.se in 1936.
Deliv-ries of evaprrat-d case are now
being made under the government contracts which
were awarded earlier this month. Bids were
called for on 250,000 cases (10 875,000 pounds)
and awards were made for a total of 231,400
cases. These deliveries will continue until the
latter part of March.


FEBRUARY 1937


SUNIV. OF FL LIS.



U.. E. .POTO
U.S. DEtPO0TC-v


9666 L98 Z9Z C
11111 11iiiI HiIII1111 ll l l lIlllll il


_________ ~




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 ESXM8N9BS_BKL9JA INGEST_TIME 2013-01-22T13:48:58Z PACKAGE AA00013239_00071
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES