^ 

 ^ 



r\vid Milk, Butter- 

 fat, and Dairy Supply 

 Purchases Were High- 

 est In History of Tfie 

 Three lAA Dairy Co- 

 ops. Continued Pros- 

 perity For Dairy Farm- 

 ers Seen For Year 

 Ahead. Creameries To 

 Sell Prairie Farms 

 Brand Ice Cream. 



J. G. Hays, extension dairyman af Michigan State Cof/ege, had his audience rolling In 

 the aisles with his humorous folic on the dairy cow at the Illinois Milk Producers As- 

 sociation and Prairie farms Creameries joint banquet during the lAA annual meeting. 

 He is shown putting a model cow together. 



dairies engaged in bottling milk and 

 manufacturing milk products are located 

 in Danville, Jacksonville, Peoria, Quincy 

 and Springfield. 



One of the problems currently being 

 studied by the Association, and discussed 

 at their annual meeting, is the wide varia- 

 tion in prices paid dairymen for milk. 



It was mentioned that during the 

 month of September members of the As- 

 sociation handling Grade A milk showed 

 a variation in prices paid to farmers for 

 3.5 per cent milk ranging from $4 A 4 

 to $5.46 a hundred pounds. 



These differences occur regularly, the 

 speakers said. And the variation in re- 

 tail prices is not as great as that reflected 

 in prices paid to farmers. 



O. H. Ryan, La Salle county, presi- 

 dent of Illinois Milk Producers As- 

 sociation, praised 

 the directors and 

 manager of Prairie 

 Farms Creameries 

 tor their close co- 

 operation with his 

 .issociation during 

 'lie year. 



"The fine show- 

 ing financially of 

 the Illinois Milk 

 Producers Supply 

 C'ompa'ny shows 

 * " clearly the mutual 



advantage cooperatives experience 

 when they are able to work closely to- 

 gether," Ryan said. 



It was reported at the IMPA meeting 

 that a study of milk prices in Illinois 

 markets was made by Dr. R. W. Bartlett 

 of the University of Illinois. The three 

 principal conclusions of this study were: 



1. Member associations should try to 

 establish the going condensery price as 

 the minimum acceptable price for fluid 

 milk. 



2. Prices established for Grade A milk 

 in any fluid milk market in Illinois should 

 not be less than the Grade A price in 

 St. Louis or Chicago, less transportation 

 costs to these markets. 



3. Producer prices in fluid milk 

 markets should be related to current man- 

 ufactured milk prices and should be de- 

 signed to encourage a more even supply 

 of milk throughout the year. 



The IMPA this year, in cooperation 

 with Prairie Farms Creameries, furnished 

 the University of Illinois with funds to 

 prepare and circulate one chart each 

 month on some issue close to the dairy 

 industr}'. 



The Supply Company 



The Illinois Milk Producers Supply 

 Company finished a highly-successlul 

 year in 1948. It made one of the most 

 rapid gains in volume on a percentage 

 basis of all tht lAA-aflihatcJ companies. 



Sales of siipplies and equipment in- 

 creased from SI 87.772.72 a year ago to 

 S6l7,870.il for the fiscal year ending 

 Sept. 30, 1948. Net income increased 

 from $11,626.79 to S30.954.12. 



In his report to members during the 

 supply company's annual meeting held 

 in conjunction with the lAA conven- 

 tion recently in Chicago, Judson P. Ma- 

 son, manager, said this increase resulted 

 in large part from the addition of the 

 Prairie Farms Creameries to the mem- 

 bership of Illinois Milk Producers Sup- 

 ply Company. 



The supply company this year for the 

 first time became the purchasing agent 

 for all cooperative dairy marketmg or- 

 ganizations affiliated with the lAA. 



Total sales and savings of this four- 

 year-old cooperative are compared to 

 those of previous years; 



Year Volume of Sales F.arnings 

 1948 $617,870.41 $30,954.12 

 1947 SI 87.802.71 11,626.79 

 1946 98,832.71 7,128.36 



1945 43,651.03 2,466.74 



Mason explained that these savings are 

 made by the purchase of supplies and 

 equipment at terms more favorable than 

 can be obtained by individual member 

 cooperati\e>. 



The company has a continuous record 

 of paying interest on preferred stock and 

 substantial patronage refunds. Patronage 

 refunds to member companies of S24,- 

 181.80 have been declared and are pay- 

 able Jan. 1, 1949. It handles items used 

 to produce and process milk. 



The supply cooperative purchases di- 

 rectly from m.mufacturcrs whenever [pos- 

 sible or works \v ith other groups to cut 

 costs ot equipment and supplies to its 

 memliers. 



Competitive prices are charged mem- 

 ber cooperatiNcs and savings distributed 

 as patronage refunds. They work closely 

 with the Land Ol.akes Creameries, In^.. 

 Equipment Division, Minneapolis. Min- 

 nesota, and the United Cooperatives, Al- 

 liance, Ohio. 



In addition to the 10 Prairie Farms 

 Creameries the supply company handles 

 purchases for the 21 cooperative dairies, 

 bargaining associations, and manufactur- 

 ing plant members of the Illinois Milk 

 Producers Association. 



VOLUME OF SALES 1915-48 



ILLINOIS MILK PRODUCERS' SUPPLY CO. 



f43, 

 651.05 



♦98^32.7f 



#617,870. 41 



JANUARY, 1949 



f 7 



1948 



21 



