TABLE 6.— Prices of principal oils going into oleomargarine, 1932–47 (Cents per pound) Oil or fat 1932 3.8 Cottonseed, prime summer yellow tank cars, New York York. 10.0 5. 7 8. 5 9.0 8.8 9.5 10.3 10.2 9.4 8.8 1 12.8 16.9 16. 5 16.4 16. 5 1 19. 2 18.4 33. 4 1 Less than 12 months' average. TABLE 7.—Cotton States farm cash income: Total compared with part coming from cottonseed oil used in oleomargarine and competing sources, 1946 [Thousands of dollars] 743 795 724 538 3, 533 1, 522 1, 823 1, 718 1, 088 1, 972 4, 077 3, 034 1, 285 1, 349 6, 017 2, 812 431 26, 762 11, 253 22, 712 49, 958 18, 945 25, 179 20, 686 16, 020 37, 175 19, 610 2, 968 2, 627 4, 335 5, 144 3, 226 1, 648 3, 275 2, 595 5, 360 7, 350 Dairy income attribu tuble to Total State crops and Cotton Cottonseed Income from cottonseed attributable to Cottonseed meal fed to Cottonseed oil used in dairy cows oleomarshortening garine livestock Lard Butter 1 Other dairy North Carolina 119, 799 59, 334 95, 642 82. 116 49, 639 7, 155 7, 657 3, 716 1, 671 Total. 1, 839, 842 926, 039 146, 098 75, 882 34, 129 15, 163 23, 885 51, 229 320, 300 38, 528 1 Farm butter value plus farm value of butterfat in creamery butter production, 2 Total income from dairy products, excluding dairy production payments, less calculated income from butter. Does not include dairy production payments in lieu of price ceiling increases, January through June 1946. Source: Cotton, cottonseed, and total dairy and total farm income from Bureau of Agricultural Economics, USDA, Income attributable to butter, cottonseed oil, etc., calculated by the National Cooperative Milk Producers Federation from BAE and other data. TABLE 8.-Soybean States farm cash income: Total compared with part coming from soybean oil used in oleomargarine and competing sources, 1946 1 In part attributable to Government subsidy to soybean processors. 2 Cash income from farm butter sold plus butterfat in creamery butter times price received by farmers per pound of butterfat for cream sold at wholesale. 3 Cash income from all dairy products less income from butter. Does not include dairy production pay. ments in lieu of price ceiling increases, January through June 1916, as follows: Ohio, $11,906,000; Indiana, $8,968,000; Illinois, $13,591,000; Iowa, $15,593,000; Missouri, $6,977,000. Source: Soybeans, total dairy and total farm income from Bureau of Agricultural Economics, USDA. Income attributable to butter, soybean oil, etc., calculated by the National Cooperative Milk Producers Federation from BAE and other data. TABLE 9.-Relative value added by manufacture in the oleomargarine and butter industries, United States, 1899–1939 Oleomargarine industry (oleo margarine not made in meat- Creamery butter industry Census year Value added Percent cost of materials With Value added Percent cost of materials With wages deducted Percent Percent 1899. 1904 1909. 1914. 1919. 1921 1923 1925. 1927 1929 1931 1933. 1935. 1937 1939. $4, 860, 311 1, 176, 187 1, 650, 997 4, 822, 304 13,772, 788 11, 114, 443 10, 180, 450 11, 471, 601 12, 137, 223 15, 631, 748 7, 548, 287 4, 453, 627 9, 109, 384 13, 575, 388 12,367, 479 Percent 63.6 26.5 25.4 47.0 20.9 39.3 39.3 40.4 44. 7 50.6 49.4 53.5 39. 1 43.8 56. 7 Percent 53.6 $16, 230, 288 17.1 11.7 10.6 9.7 9.7 12.1 12.0 12.9 11.9 13.4 13. 1 16.5 14. 3 11.7 13. 1 Source: Bureau of the Census, U. S. Department of Commerce. 76269448-18 TABLE 10.-Relative price movements of butter, oleomargarine, butterfat, and fats and oils used in oleomargarine, 1925–47 1925. 1926. 1927 1928. 1929 1930 1931. 1932 1933. 1934. 1935 1936. 1937 1938. 1939 1940. 1941. 1942 1943 1944. 1945. 1946. 1947 Cents per 44. 1 Cents per 22. 5 9.8 Cents per 42.4 Cents per 12. 2 9.3 11.4 10. 2 9. 1 6.6 5.4 5. 2 6.6 10.3 10.1 10.1 8.1 7.3 6.8 10.9 14.2 14.3 14. 6 14. 8 18. 2 28. 2 51.0 49.8 46.3 45.7 46.8 53. 8 51.9 55.7 50.5 39.5 52.4 47.2 47.6 57. 2 57.9 51.6 46.7 48. 1 43. 2 45. 8 44.9 37.2 52.3 54. 2 62.0 43.9 54.3 49.8 47.9 47. 1 48. 2 49.5 67.3 68. 2 66.9 63. 9 52. 3 49.7 45.9 69.0 74.7 75. 3 76.8 77.9 79. 1 76.4 1 Weighted average. TABLE 11.—Retail price and farmers' share: Butter and oleomargarine, annual 1919-47; by months, 1946–48 Retail 71.5 90.6 71.4 Cents per Cents per pound 4. 66 28.4 4.32 27.4 5.37 27.1 4. 90 25.5 4.27 20.0 3. 03 15.5 1. 62 13.8 1.87 13.6 3. 17 18.8 5. 07 18.5 5. 09 19. 2 4. 76 17.5 3.30 16.7 3. 28 15.9 3. 29 17.1 5. 05 22. 1 7.94 23.6 8. 07 24. 1 8. 41 24. 1 8. 45 28.3 9. 12 40.9 12. 78 24. 3 8. 33 24. 3 8. 32 24.1 8. 28 24.1 8. 23 24.3 8. 22 24. 1 8. 18 25. 2 8. 29 30.4 9. 27 26. 5 9. 34 27.2 10. 22 42.5 11.35 42.5 11. 65 42.3 10.87 41.9 10. 91 43.9 10.72 45.7 11.00 41.3 11.31 40.3 12. 15 39.9 12. 04 39.9 12. 79 36.1 12. 67 38.1 13. 40 39. 1 13. 99 41.7 14. 09 42.0 14. 32 Percent 28 21 13 17 19 19 17 15 15 20 18 17 15 10 14 23 27 28 25 19 20 21 30 36 34 35 35 32 31 34 34 34 34 34 34 33 30 35 38 27 27 26 26 24 24 27 30 30 74 75 77 75 78 79 35 35 36 34 34 Source: Price Spreads Between Farmers and Consumers, Miscellaneous Publication No. 576, U. S. Department of Agriculturu, September 1945. Marketing and Transportation Situation, Bureau of Agricultural Economics, U. S. Department of Agriculture periodical. |