Skip to main content

Full text of "Fort Wayne market news"

See other formats


Historic, Archive Document 

Do not assume content reflects current 
scientific knowledge, policies, or practices. 



FORT WAYNE MLK MARKET NEWS 



F71F 



(L^ 



2^ 



Federal Milk Order No. 32 
U, S, Dept, of Agriculture 
Dairy Division 

Agricultural iferketing Service 



ft 






- A R V 



J 

i 



Market Adioi ni e fc rat or 
507 Strauss Building 
Fort Wayne, Indiana 
Telephone A-7i|01 



Who Are 



, OU'-’" ‘ • 

Issued for Information PjTpducerst 
e Not Members lof Cc^'eVStive Associ^ti 



tions 



Vol. U No. 8 



ll). S. 






August, i960 



JULY UNIFORM PRICE $3.91 



Dairy farmers who delivered Fort Wayne Grade A”A milk to handlers 
subject to the Fort Wa^me Milk Order during July i960, will receive a minimum 
uniform price of $3.91 per hundredweight for milk testing 3.5^. A butterfat 
differential of 6,7 cents for each one-tenth of one percent that individual tests 
vary above or below the 3.5^ standard will be used. This minimum price is sub- 
ject to a U cent per hundredweight marketing service deduction and authorized 
hauling charges. The confutation of the minimum blend price is shown on page h 
and the class prices on page 3. 

The $3.91 price for July I960, is 35 cents above the July 1959 
price. It is 37 cents above the June I960 price. 



PRODUCTION AND UTILIZATION 

Approved producers shipped 9,Oli7,962 pounds of milk to the Fort 
Wayne market duiujig July I960, of which 5,59^,931 pounds or 6l,8^ was utilized 
in Class I. Production was down 10,9^ from June I960, and down h*S% from a year 
ago in July, Class I utilization of producer milk was down h»2% from June i960, 
but up 12,2^ from July 1959. 

There were 771 producers on the market for July I960, which is 
38 less than June i960, and 5U less than in July a year ago. Average production 
per farm per day was 379 pounds for July i960. Daily farm production for June 
i960, and July 1959s was I4I8 pounds and 370 pounds, respectively. Other compar- 
able market statistics will be found on pages 2 and 3. 



AUGUST i960, SUPPLY DEMAND ADJUSTMENT +38y5 

The supply demand adjustment for August I960, will be +38 cents. 
Total difference between the August Class II and Class I prices, therefore, will 
be $1.53. 







T,7” 



■ r ■'■ 







.’"■u r.l'-’i 








} 



FORT WAYNE MIJ.K MARKET NEWS 



Page 2 



UTILIZATION AND CLASSIFICATION OF ALL MLK RECEIPTS 



CLASS I MILK 



Jiily i960 
Reported 

Milk Pounds BF Pounds 



July 1959 
Audited 

Milk Pounds BF Pounds 



Fluid Milk 


5,851,260 


205,581 


5,183,7142 


183,067 


Fortified Skim Milk 


ii^0,103 


7,152 


276,637 


3,9)40 


Skim Milk 


2h,39h 


2014 


37,353 


196 


Buttermilk 


110,806 


1,033 


109,311 


995 


Flavored Milk/Drink 


168,776 


3,538 


2I40, 296 


14,907 


Cream Mixtures 


116,5U5 


114,015 


1014,176 


12,388 


Light Cream 


16,1491 


3,266 


17,676 


3,1497 


Heavy Cream 


9,989 


3,683 


8,0114 


2,933 


Sour Cream 


13,852 


2,575 


10,0714 


1,860 


Egg Nog 


-0- 


-0- 


-0- 


-0- 


Ice Cream Mix 


5,120 


652 


h,600 


598 


Sub Totals 


6,767,336 


2141,699 


5,992,379 


21)4,385 


Plus Unaccounted For 


1,039 


1,039 


23,596 


2,320 


Gross Total Class I Milk 


^,7^8,37^ 


2U2,738 


6761^9‘T^ 




Less Other Source Receipts 


l,173,iiItU 


4l,U38 


1,028,891 


35,63)4 


Less Overages 


-0- 


•0— 


-0- 


-0- 


CLASS I PRODUCER MILK IN POOL 


5,59U,931 


201,300 


i4,987,08U 


181,072 



CLASS II MILK 



Used by Pool Plants in the 



Manufacture of Class II Items 


6,088,598 


133,143)4 


14,502,716 


137,566 


Sales to Non-Pool Manufacturing 










Plants 


2,357,711 


197,23)4 


3,1408,100 


161,55)4 


Inventory Variation 


- 76,993 


- 12,016 


+ 21,653 


- l,57ii 


Dunped or Livestock Feed 


28,027 


196 


16,630 


213 


Class II Shrinkage 


10U,003 


12,827 


191,9)47 


8,603 


Gross Total Class II Milk 


8,501, 31i6 


331,'575 


87ll4lTOi4^ 


306,362 


Less Other Source Receipts 


5,03)4,626 


202,165 


3,653,567 


11*7,3 


Less Overages 


13,689 


91 


511 


511 


CLASS II PRODUCER MILK IN POOL 


3,1453,031 


129,1419 


14,1486,968 


153,1477 


TOTAL PRODUCER MILK IN BOTH CLASSES 


9,0)47,962 


330,719 


9,l47li,052 


339,5149 



UTILIZATION FERCMITAGES 



July i960 July 1959 





Milk 


B. F. 


Milk 


B. F. 


Producer Milk Utilized in Class I 


6I.8I4 


60.87 


52.6I4 


53.33 


Other Source Mlk Utilized in Class I 


18.90 


17.01 


21.97 


19. U7 


Producer Milk Utilized in Class II 


38.16 


39.13 


U7.36 


I46.67 


Other Source Milk Utilized in Class II 


81.10 


82.99 


78.03 


80.53 


AVERAGE TESTS 








Average Test of Producer Milk Class I 


3.60 




3.63 




Average Test of Producer Milk Class II 


3.75 




3.53 




Average Test of Total Producer Milk 


3.66 




3.58 





C.T • 



.M 









Oci;i STrLh 



uo ro:x; 



T '.' r •, , t'. 









. r 






.'.DC '■•. , • o 



XO-'X 0-f.il' 
cO:\n.[,f 






X ■■"■ 






'■) >. r 

b:.-'i,dL£ 









X;::,XX 

r 



o;’;,' o 

N , . ^ V, 






:!r.t'xG\>{.'. \h •it'o-'cv.c.r. ’3 

c;) '/i.iA :ar ^^0 

' i'jAr':,;;,- £&:£..'l 

■ . 

rr.sf'iO ’•«:• X 
■ ■ ' •■•r.X ;r. ■ 

v.X . /’r---v '0 ‘ 






orr r 
*'v ■ V'^'~ 






:-u i;!/ I 1-'., '. vic'Xi-v’ 

E:V..^: ! a:.;, T., "ia’I.Kj siC.; 






1 .i..u 



•.} . 









’ ■ r. •,• 
■ \ :■ 

,' -' t; 






,, .. . 



- - 



>r.ir»,, Xa'Xii'Ta^,: • r '■[•■■ . c£ :' -.-"laX 

:i 

I'Tf . j; ;' c..h: X "•;■ • o X< i v .“ X 
b:.'Z •::'■■■ : S<' a: ;', ; .. 



■ .0 



(i.'.''' i 
■ . iV. 



i J " 'V j!' ' ■■ .X"'''. 

- .i i 






.Xq,; -a';.;---: 



Tq;':' •'T ■'■'.vyj' 






■iXC 



f;; v; 



G,v : ^ ' 






\ij ixj. : v:a'. Xj:*U 



Uy. ■:■-■: .£■ ' ■ i 



xrj:x 



J..X tx-r-.x-) rix ,:■?•• 



ao.;. .. 

;.T 



L . 



;■ ii...- 



X.!;,: .,xM 
U' 'Kyv:: .: 



, ' '■ r 



r 



r- --.r- 



>UX! 

V • 



'r..',‘i. ><..‘'t''i .C'^- J-.' £ ‘I' q ?;*)., fA’ri. 



i • ':■■ ■ ■ 






• , 1'. • xr/*-. 



■ ’* ^ .. . r ’ 







FORT mTiW, IflLK MARKS? NEWS 



Page 3 



STATISTICAL SUMMARY FOR JULY, I960 



Order No, 32, as Amended 


July 

i 960 

Reported 


June 

i 960 

Reported 


July 

1959 

Audited 


July 

1958 

Audited 


Gross: Class I Millc (Lbs.) 

Class II Milk 
Total Gross Utilization 


6 , 768,375 

8.501,3ii6 

15 ^ 269^721 


6 , 909,881 

9.2h3,825 

16,153,76^ 


6 , 015,975 

8,l[|l,Oii6 

iir7T57,02l 


5,946,816 

11,008,391 

l67555t207 


Total Daily Class I Milk (Lbs.) 
Daily Class I Milk Compared With: 


218, 33U 


230,329 


19U,06h 
+ 12,5^ 


191,833 
+ 13 . 8 ^ 


Receipts: Producers Class I 

Class II 
Total 

Other Sources 
Overages 


5,S9!j,931 

3.1i53.031 

9,0ll7,962 

6 , 208,070 

13.689 


5,81(0,565 
1(. 315. 897 
1071 ^ 6,1462 
5,981,858 
15,386 


4,987,0814 

4,486,968 

9 tt 7 l 4 ,o 52 

4,632,458 

511 


4 , 944,721 

5,129,778 

10,074,499 

6,880,709 

-0- 


Total Receipts (Lbs.) 


1^,269,721 


16,153,706 


147157,021 


167955,207 


Daily Production (Lbs.) 

Daily Production Compared With; 


291,870 


338,51(9 
- 13 . 8 ^ 


305,615 
- 4.5^ 


324,984 
- 10.2^ 


Number of Producers 

Daily Production per Farm (Lbs.) 

Producers* Average Butt erf at Test 


771 

379 


809 

hlQ 

3.63% 


825 

370 

3.58fo 


879 

370 

3.58^ 


Gross Class I Milk to Producer Milk 


63.0% 


63.5^ 


59 . 0 ^ 


Class II Price {3.S%) $3,062 

Basic Adjustment 1,15 

Supply-Demand Adjustment + ,19 


$2,988 
.75 
+ .19 


$ 2,897 

1.15 

+ .07 


$2,877 

1.15 

+ .07 


Class I Price 


$U.h02 


$3,928 


$Tu 117 


Wum 


Uniform Blend Price (3.5^) 


$3.91 


$3.5U 


$3.56 


$ 3.53 


Butterfat Differentials: Class I $ .075 

Class II .067 

Producer ,067 


$ .075 
.067 
.067 


$ .075 
.067 
.067 


$ .075 
.066 
,066 


Pool Value of Producer Milk 
Value of Producer Milk per Farm 


$ 362,069 

kio 


$371,032 

1(59 


$3l(l,53l( 

hih 


$356,786 

406 


Non-Fat Dried Milk Solids Price 
Cheddar Cheese Price 
92-Score Butter Price, Chicago 
Mft. Pay Price (U plants) 
Butter-Cheese Formula Price 
Butter-Skim Powder Formula Price 


$ .1271 
.3li09 
.5799 
3.062 
2.773 
2.901 


$ .1276 

.3U58 
.5797 
2.938 
2.780 
2 . 90 U 


$ .1264 
.3266 
.5803 
2.847 
2.752 
2.897 


$ .1254 

.3356 

.5775 

2.781 

2.756 

2.877 



o. 



M 

























j.:X 









■■-f 

■V 










J 



I 



• '. ■ 'f 










■ ■ j 




•T 






















'C'J.. 






./ 



C-. .> -M 

■ , ; 0.1-: ■ •:;■ t''l v.- 

■ ■ ;:q q ; ■ o.r . ; v.. ; % r 



FEDERAL MILK MARKET ADMINISTRATOR 
FORT WAYNE BJDIAI'dA MARKETING AREA 



Page I4 



United States Secretary 50? Strau.is Building 

of Agriculture Telephone A-7U01 809-11 S, Calhoun St. 

Order No, 32, as Amended Fort Wayne, Indiana 



AMOUNGEMENT AND COMPUTATION OF UNIFORM PRICE FOR JULY. I960 
(Based on Reports of 7 Handlers) 

Uniform Price $3.91 / Cwt., for 3.5^ Milk 

ALLOCATION AND VALUE OF PRODUCER MILK 



Pounds 



Value Cvrt . Total Value 



Class I Butterfat 
Skim 
Product 



201,300 

5.393.631 



5,59U,931 



$76,777 $l5ii,552.11 

1.777 95.8IiU.82 

$ U.U75 $250,396.93 



Class II Butterfat 129, Ul9 


$67,717 


$ 87,638.65 




Skim 3.323,612 


0.717 


23.830.30 




Product 3,U53,031 


$ 3.228 




$111, U68. 95 


Total Producer Deliveries Pooled 9,OU7,962 


$ 3.999 




$361,865.83 


Add; Overage Value 


.002 




159.12 


$ U.obi 




$322,0^.00 


Add; Other Source Assessments 


.000 




UU.U7 


Total Value of Producer Milk 


$ U.OOl 




$362,069.U7 


Subtract; Butterfat Adjustment 


.lOU 
$ 3.897 




9.U07.02 

$3^2,662.U5 


Add; Cash Balance at August 9, I960 


.053 




5.222.55 


$ 3.955 




$357,885.00 


Subtract: Reserve (between h<i and 5^) 


.0U5 




U. 109. 69 


Announced 3.5^ Uniform Price 


$ 3.91 




$353,775.31 



IMPORTANT: The announced uniform price of $3.91 cwt,, is subject to a butterfat 

differential of ,067 cwt., for each l/lO of 1% butterfat content variance from 
3.5^. This price is also subject to the applicable marketing service deduction 
and authorized hauling charges. 



PRODUCER UNIFORM PRICES AT BUTTERFAT TEST FOR JULY. I960 
(F, 0. B. Fort Wayne, Indiana) 



Test 


Price 


Test 


Price 


Test 


Price 


Test 


Price 


3.25 


$3.7U2l 


TPE 


$U.0775 


05 


$U.4795 


05 


$OHi5r 


3.30 


3.7760 


3.80 


U.iiio 


U.Uo 


U.5130 


5.00 


U.9150 


3.35 


3.8095 


3.85 


U.1UU5 


U.U5 


U.5U65 


5.05 


U.9U85 


3.U0 


3.8U30 


3.90 


U.1780 


U.50 


U.5800 


5.10 


U.9820 


3.U5 


3.8765 


3.95 


U.2115 


it .55 


U.6135 


5.15 


5.0155 






U.oo 


U.2U50 


U.60 


U.6U70 


5.20 


5.0U90 


3.50 


3.91 


U.05 


U.2785 


U.65 


U.6805 


5.25 


5.0825 






U.IO 


U.3120 


U.70 


U.71U0 


5.30 


5.1160 


3.55 


3.9U35 


U.15 


U.3U55 


U.75 


U.7U75 


5.35 


5.1 h 9 S 


3.60 


3.9770 


U.20 


U.3790 


U.80 


U.7810 


5.U0 


5.1830 


3.65 


U.OI05 


U.25 


U.U125 


U.85 


U.81U5 


5.U5 


5.2165 


3.70 


U.oUUo 


U.30 


U.UU60 


U.90 


U, 8U80 


5.50 


5.2500 



August 9, i960 



R, J. Connolly, Market Administrator 



*■ *r- 



'la.'^A ns.; V-' i:TAH ^-' lAiorci TiiO^i 



NX.''.'5.ri''’'^.T r'.r "'O' . t ,'■ TOc^ 
o :r.-f.v.;.ijsC IX-'?};'. 

f 5 i-‘{riVv j'xO'' 






. ■/'*ouoa 3 bOj i^ .-J 

bpb'ip'w;' c;a t'it. lofbnO 



{<,'j..: - 7 7..i 'j.j-yOiT-.'V. ao b-.-nr.l.). 

; .•■xi'X ':, 7 . 7 . if'x \ .D.!. 7 .’’- ^orrl 

i-. ' iLc' 

^rjl^7' U-i-oT • 



. "'b -nr*: 
.! '■•> \;.:) 



7 7V,^'r: 

r- * ^ r- 

^ *. • L 



X*. . t • “s 



’’bj. x':/r- 









..XM.r 



r. .‘'’‘v 

.L-u..:‘C.S 



■ ^^uLxr^.c 
7 : .r 



t.o'; 'IV; ■M’.j?:i I 

ni^o 

:■;? IX aRSfO 

.;^XXO 



•C? 7 !.F $ 

f. 

■ -'.TT, 

/ 

• ' 

l*.i 



■'■■': 7' xr-'Xor'i aoiT:c‘\''XIe);i '^.priiJbo'i'j I'-bxT, 

ai.'.l'ivV ^.O lO ilvjA 

■“o-:.i:o?. -K:li‘0 ;[v a 

• " '7 'ir^O'x. ■■ .-'b' X‘L .1 - 7 ' .i>;ji; 7 

Xn ‘:!;X".!:c, 7 ' "• *7 .;;'£it! 7.'7 

0.771 7 ejx 7 ,,.. 0 . ■ y;.' -Xnfl Ha .-7 

* 3 .;:.. i. 5 :''toceri OiO’ 

90 i;'^X Oj.iiU A 



ipyiussxjA 0 v 9,.=-.0 

-’bro’-b ■- ■ - bi r ; 



rr 



; ;.. 



. ‘7 1.' :'s.G •'■ .-..'srr^t: [\:v-r:" ''z'.z 9r'"' ;7'’* 

,7 'j ;• '..'-lO .7 '■'■'tx' : .:.' 7 : '■ JcO;:: 



Ao;, ./■ ■ ■*.'!■' 


‘ :'..S ' '•.'.1 


■•• '. J. V ' ' . 7.' * 


..O..ec ".etr 


‘1,«. . • . 
i •-■ .* . .' 


.ccc oa.i! 






. . 






XajT i 




0''''L • ' ' ■ 


■y. -c-'irr rri'. ■' 


,;■ .. 


r'lyj- 








vro > 




■: .v ,.M , 


■^ . ' 


-:->; ;r-- 7,f 
V ., . . ) V. 


•' f 

i'- ' V '■ 






:1b 


-Iv 


V j V.' ^ , ' 


b" c 7. 


'70 c. 0 


' r\ J 

1 6 ; : 


K‘Xx 


■ 00,1 


,i 

0,5> ■' \ 


■7 ' ' , 

X’.7 . 


' 'cbOc. .' 
■ 1 /:.;. .. . ; 


b 1 ■ 
>■?> 


b ■ .■■• .< 
C;c 'l l . ,1 


'-*:C 

'V 

X. ^ 


Xco:.'^ 


'.. 0. , 


■ cxXo- 


c.x , 


c.' ! ‘ 1 ' . , • 


7:k7*7 


''OA(\ V.: 






OO .7 ■ 


■ 0007 , :* 


00 . i 




a,c.' 


• ?0. 


^7. - - > , i 


■ ci71..: 


O'oO 


Ci'b ' ■ . ,7 


' 1 . » ■‘s 


oai'o- 


OXe.f 


'■'717 . 


.. 0 ., 0 


..7 . C 


cc »c 


' "CVlO . ': 




-: 0 ;ir 




7 ; V . . , C 


n 1 . 






0bV7 . 1 


CO./i 


-■;. r; 


T' _• » 


be!:". . 




.. r* : 

\ i t - 




• • ■» 


o>.7: 


, "07.-. 


'• .' - . . 


O 0 OO ..7 


01..:! 


- V ' ■» ' 


7'9:bx;^>n 






." ■ ■■ 


' 



97, .<•:.;>• 



t .- 

O,' 



b."'r-t 

.Z“"r% 



cO ',C 

OCXcOC 



•;. ■ I \ ^ 

CO ' 0.7 

. ,; ' 'O . ; ! 



_ro,o? 

7 -‘> ' 

. r 

*•■ '■ 

• .' ' • •-■ 



. . C‘ 
.. . i. 

■ 70 . c 



070 c ' 

7 b 0 .r .0 rf-a.</r^c X