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Monthly evaporated and condensed milk market report
ALL VOLUMES CITATION THUMBNAILS PAGE IMAGE ZOOMABLE
Full Citation
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Permanent Link: http://ufdc.ufl.edu/AA00013239/00073
 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: AA00013239:00073

Full Text
UNITED STATES DEPARTMENT OF AGRiCULTURE
BUREAU OF AGRICULTURAL ECONOMICS
MONTHLY EVAPORATED AND CONDENSED MILK MARKET REPORT
(APRIL 1937)


No. 212 WASHINGTON, D.C


APRIL 22, 1937


INFORMATION IN THIS MONTH'S REPORT IS FURNISHED BY ALL FIRMS OF RECORD WHICH
MANUFACTURE CASE GOODS EVAPORATED MILK OR CONDENSED MILK, OR B.OTH.


PRICES PAID PRODUCERS FOR 3.5% MIL F. 0. B. FACTORY FOR MARCH 1937"
NUMBER OF FACTOkIES PRICE PER CWT. _
GEOGRAPHIC SECTIONS .
REPORTING RANGE AVERAGE
NEW ENGLAND I $ -
MIDDLE ATLANTIC 6 / 1.6.4- 175 1.71
SOUTH ATLANTIC 2 1.51-1 .62 .57
E.NORTH CENTRAL 83 1.54-1.75 I.62
W.NORTH CENTRAL I 1.5-1 .75 1.59
SOUTH CENTRAL 13 1.47-1.51 1.50
NORTHWESTERN II 1.47-1.70 1.59
SOUTHWESTERN 22 1.58- .84 1.76
U.S. MAR. 1937 148 1.47-1..84 1.63
U.S. FEB. 1937 148 1.40- .84 1.58
U.S. MAR. 1936 141 1.29- .75 1.47
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 MARCH $1.68.
PRICES PAID PRODUCERS ACCORDING TO GEOGRAPHIC SECTIONS OUTLINED IN EVAPORATED
MILK MARKETING AGREEMENT.
MARCH 1937 FEBRUARY 1937 MARCH 1936
SECTION I $1.62 $1.58 $1.46
2 1.71 1.69 1.63
3 .53 I.50 1.34
4 1.69 1.59 1.43
5 1.68 1.53 1.44
6 .80 1.69 1.55
U.S. AVERAGE E 1.63 1 .58 .47
NET WHOLESALE SELLING PRICES IN CARLOTS F.O. B. DISTRIBUTING POINTS MARCH 1937
(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
CASE OR SHORT T'ME CREDIT.


F. 0. B.


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


.PAUL


EVAPORATED MILK
(PER CASE OF 48 14. OZ. CANS)


RANGE
S.90-3.30
2.90-3.30
2.90-3.:;0
2.80-3.05
2.80-3.20
2.80-3.05
2.80-3.05
2.80-3.20
2.84-3.05
2.84-3.20
2.84-3.05
2.80-3.07
2.70-3.05
2.70-3.05


AVERAGE
V3.02
3.02
3.01
2.92
2;92
2.93
2.93
2.93
2.95
2.95
2.95
2.93
2.82
2.82


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


.RANGE
$4.40-5.00
4.40-5.00
4.40-5.00




4.40
4.40-5.00


AVERAGE
$4.70
4.65
4.70




4.40
4.51


AVERAGE WHOLESALE SELLING PRICES BY GEOGRAPHIC SECTIONS MARCH 1937
UNSWEETENED EVAPORATED SWEE TENED CONDENSED SWEETENED CONDEMNED
(PER CASE OF PER CASE OF SESBULK PER CWT.)
48 14- oz. CANS) 48 14 oz. CANS) UNSKIMMED SKIMMED
New ENGLAND $3.03 $4.80 $8.25 $5.50
MIDDLE ATLANTIC 3.00 4.73 8.25 5.24
SOUTH ATLANTIC 3.01 4.83 8.25 6.00
E. N. CENTRAL 2.94 5.25 7.86 5.00
W. N. CENTRAL 2.96 5.25 8.06 5.73
SOUTH CENTRAL 2.95 4.73 8.25 6.00
NORTH WESTERN 2.97 5.39 8.25 6.00
SOUTH WESTERN 2.86 5.39 8.25 6.00
U. S. AVERAGE
MAR. 1937 $2.96 $4.89 $8.08 $5.42
U. S. AVERAGE
FEB. 1937 $2.99 $4.89 $8.40 $5.66
U. S. AVERAGE
MAR. 1936 .$2.91 $4.81 $8.02 $5.04

RECORD PRODUCTION AND STOCKS OF EVAPORATED MILK CONTINUE


The general situation in evaporated milk
markets this month (April) appears to be about
the same as in March, according to reports from
manufacturers received by the Bureau of
Agricultural Economics. Prices are unchanged,
current production and stocks are heavy, and
theer are indications of a fairly active trade
movement, which includes some Government
purchases. A preliminary summary of reports


from wholesale grocers shows that March 31
stocks tbtaled about the same as-last year.

New high records continue to be a feature
of evaporated milk markets. In the field of
production, the March pack was the largest of
record for the -onth, being estimated at
156,700,000 pounds, an increase of 5.0 percent
over March 1936. The percentage gain in March


(CONTINUED ON NEXT PAGE)
APRIL 1937


__


---


n


-- ------ --- -- ---







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 .COLD OR CONTRACTED FOR AND NOT
DELIVERED.
STOCKS AND PRODUCTION FIGURES FOR THE CURRENT MONTH INCLUDE REPORTS FROM
PRACTICALLY ALL FIRMS MANUFACTURING THE CLA.SFSS JF MILK INDICATED.


EVAPORATED MILK
(CASE GOODS)


C9NDENSED MILK
(CASE GOODS)


C9NDENSED MI K
BUIJIK GOODS)


TOTAL STOCKS ON APR. I, 1937
NO. OF FIRMS REPORTING*


COMPARISON
APRIL I,
MARCH I,
o CHANGE
FIRMS IN
APRIL I,
APRIL I,
% CHANGE
FIRMS IN

COMPARISON
MARCH I,
FEBRUARY
% CHANGE
FIRMS IN
MARCH I,
MARCH I,
% CHANGE
FIRMS IN


FOR SAME FIRMS:
1937
1937
DURING MONTH
COMPARISON
1937
1936
FROM PREV. YEAR
COMPARISON*

FOR SAME FIRMS:
1937
I, 1937
DURING MONTH
COMPARISON*
1937
1936
FROM PREV. YEAR
COMPARISON*


152,455,094 LBS.
38


152,455,094 LBS.
176,912,495 LBS.
-13.83%
38
148,960,208 LBS.
42,597,452 LBS.
+249.69s
35



150,637,399 LBS.
122,734,098 LBS.
+22.73%
37
149,944,080 LBS.
142,775,704 LBS.
+ 5.02%
34


TOTAL STOCKS
4,202,616 LBS.
7


4,202,616 LBS.
4,958,337 LBS.
-15.24%
7
4,202,616 LBS.
2,962,638 LBS.
+41.85%
7

PRODUCTION

3,704,612 LBS.
3,952,737 LBS.
6.28o
7
3,704,612 LBS.
4,114,301 LBS.
9.96%
7


5,246,670 LBS.
27


5,246,670 LBS.
5,035,075 LBS.
+ 4.20%o

5,228,315 LBS.
2,557,193 LBS.
+104.46%
26



10,197,116 LBS.
9,229,188 LBS.
+10.49%
27
9,891,715 LBS.
11,826,485 LBS.
-16.36%
26


FINAL REVISIONS FOR LAST MONTH:
TOTAL STOCKS ON MAR. I, 1937 176,912,485 LBS. 4,958,337 LBS. 5,352,631 LBS.
ESTIMATED PRODUCTION MAR. 1937** 156,762,000 LBS. 3,739,000 LBS. 14,963,000 LoS.
ESTIMATED PRODUCTION MAR. 1936** 149,269,000 LFS. 4,153,000 LBS. 17,890,000 LBS.

* FIRMS, NOT F;.CTORIES. SOME FIRMS OPER/E MORE THAN ONE FACTORY.
** SUBJECT TO REVISIONS.

AVERAGE DAILY PURCHASE PER PRODUCER*

MARCH FEBRUARY
1937 1936 1957 1936
TOTAL PURCHASES 313,003,112 LBS 282,563,653 LBS 273,650,659 LBS 232,887,796 LBS
NUMBER OF PRODUCERS 103,914 88,985 101,764 85,784
AVERAGE DAILY
PURCHASES FER
PRODUCER 97.17 LBS 102.43 LBS 96.04 LBS 96.96 LBS
PERCENTAGE CHANGES
IN 1937 COIMPARED 5.14 0.95
WITH 1936


PERCENTAGE CHANGE IN MAR. 1937 COMPARED WITH FEB. 1937
PERCENTAGE CHANGE IN MAR. 1936 COMPARED WITH FEB. 1936
(CONTINUED FROM FIRST PAGE)


over February, however, was only 23.0 percent,
on a fir--to-firn comparison, while the average
month to month change during the past five
ye:yrs was a 27.0 percent increase. Except for
the month of January, each month's production
since last July has been the heaviest ever
reported for the period, which is some evidence
of the expansion which has been taking place in
this industry. The total pack during the first
quarter of 1937 exceeded that of the correspond-
ing period of 1936 by approximately 18,000,000
pounds, an increase of 4.8 percent. It may be
recalled that estimated production during the
1936 calendar year was 12.0 percent greater
than in 1935, this having amounted to an
increase of 222,000,000 pounds.

The unavailability at this time of
export statistics for March makes it impossible
to calculate trade output that month, but it
was probably about 20 percent greater than a
year earlier. This active movement from manu-
facturers' hands naturally relieved their stocks
situation, and with indications from the
preliminary sunmary of wholesale grocers'
reports, that their stocks on March 31 were
about the sane as last year, it appears that
much of the above mentioned increase in trade


- + 1.18
S+ 5.64


output probably represented a movement into
actual consumption. Total stocks reported in
manufacturers' hands on April 1 were
152,455,000 pounds, compared with but
42,597,000 pounds a year ago, at which tine the
quantities on hand were close to an all time
low. April 1 stocks the past five years
averaged 66,700,000 pounds, an amount less than
half of those reported for the current year,
but the heavier stocks in 1937 have not appeared
as an undue burden on the market. Current
government purchases by the AAA have lent
support this year. Awards were.recently
announced on 112,000 cases for which bids were
opened on April 15. Delivery of this milk
begins the last of the month and will be
completed by the middle of May. Purchases of
an additional 100,000 cases for April delivery
was also made to relieve the fluid milk surplus
in the Northeastern area.
Selling prices of evaporated milk in
comliercial channels are unchanged this month.
Production of condensed case in March was
10.0% below last year and 6.0% lower than in
February. Stocks of this class of goods on
April 1 were 42.06 above a year earlier, but the
total, amount was relatively small, being only
4 200, 00 pounds.


APRIL 1937


i;abUMENTS DEP]T


A. Dk EPOITO Y
j-N- DEPOMTOR


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(CASE GOODS) CASE GOODS).