Show WHO BUYS FARM PRODUCTS 1 PERCENT Of TOTAL COMMERCIAL fARM PRODUCTION PURCHASED BY MAJOR MANUfACTURERS AND DISTRIBUTORS FLOUR 13 OUR y T 10 IRS TOBACCO SACCO t PA CAmE 10 HOGS S Jt J 12 co mES 1 11 I n 1 1 1 A recent study of agricultural In Inv come by the Federal Trade Com Com- revealed many interesting facts relating to the handling of many leadIng farm products While figures for big Income Income- farm products indIcate that large buy more more than 60 per cent of the U B 8 total milk purchased by bya a dozen large dairy firms Is only bout 10 per cent ot of the country's annual 47 7 ion Quart crop Contrary to the usual Impression J purchases of farm products are probably less concentrated than the average person would expect i Ten lending leading meat packing com com- sold only the equivalent of 03 per cent of the beef per percent percent cent of the fresh pork and 5 54 per rent ent of the cured and processed pork products In the case of veal however purchases of these con con- concerns cerns totaled per cent cent the federal figures showed Two of the larg largest s Pl c packing J g companies beef Mick Foundation Chart sales were but 47 41 per cent ot of the they total Purchases of 10 leading packers packers for a ear equalled per cent ot of the total production of cattle and calves and per cent of the hogs The three largest companies purchased 08 per cent of the beet and per cent of the hogs Thirteen millers bought only per IIer cent of the commercial wheat flour crop while 13 3 tobacco manu bought the equIvalent of at 64 per cent of the nations nation's tobaccO crop selling 97 per ver cent ot of the cIgarettes and 90 per cent ot of the smokIng tobacco With milk the called so-called big com are but a minor factor as 12 2 major concerns purchased only about 10 per cent ot of the toW total milk production In 1934 1 and about 13 per cent of the commercial milk Eleven leading companies marketed 18 per cent of the fluid auld milk and cream sold In cIties and villages and about 25 vcr per cent ot of the butter |