Wautoma, WI
Current Conditions
0:19 AM CST
Partly Cloudy
Temperature
36°F
Dew Point
34°F
Humidity
93%
Wind
ESE at 5 mph
Barometer
29.87 in. F
Visibility
4.00 mi.
Sunrise
07:29 a.m.
Sunset
04:22 p.m.
Morning Forecast (7:00am-12:00pm)
Temperatures will range from 32 to 35 degrees with mostly cloudy skies. Winds will remain steady around 10 miles per hour from the southeast. No precipitation is expected.
7-Day Forecast
Monday
37°F / 32°F
Light Rain/Snow
Tuesday
36°F / 31°F
Light Rain/Snow
Wednesday
33°F / 22°F
Mostly Cloudy
Thursday
31°F / 22°F
Mostly Cloudy
Friday
33°F / 28°F
Mostly Cloudy
Saturday
29°F / 6°F
Partly Cloudy
Sunday
19°F / 6°F
Mostly Cloudy
Detailed Short Term Forecast
Issued at 0:19 AM CST
Monday...Temperatures will range from a high of 37 to a low of 32 degrees with cloudy skies. Winds will range between 10 and 17 miles per hour from the east. 0.26 inches of rain are expected. Less than 1 inch of snow is possible.
This Afternoon ...Temperatures will range from 37 to 32 degrees with cloudy skies. Winds will remain steady around 12 miles per hour from the east. Rain amounts of less than a tenth of an inch are expected. Snow accumulation of less than a half inch is predicted.
This Evening ...Temperatures will range from 32 to 34 degrees with cloudy skies. Winds will remain steady around 12 miles per hour from the east. Rain amounts between a tenth and quarter of an inch are predicted. Snow accumulation of less than a half inch is predicted.
Overnight ...Temperatures will remain steady at 34 degrees with cloudy skies. Winds will range between 11 and 17 miles per hour from the northeast. Rain amounts of less than a tenth of an inch are expected.
Tuesday...Temperatures will range from a high of 36 to a low of 31 degrees with mostly cloudy skies. Winds will range between 8 and 19 miles per hour from the northnorthwest. 0.23 inches of rain are expected. 1.00 inch of snow is expected.

Drought prompts patronage payout to Badgerland Financial members

Nov. 1, 2012 | 0 comments

In response to this year's adverse weather conditions and their impact on Wisconsin farm families, Badgerland Financial is making a special, one-time patronage distribution totaling $5.2 million to its members in October.

Historical high temperatures in mid-March and early April combined with drought conditions throughout much of the growing season have resulted in greatly reduced crop yields and tight feed supplies.

Extreme summertime heat also caused reduced milk production for many dairy farmers.

"Badgerland Financial understands the challenges the drought may have created for our members and we want to be proactive in responding to their needs," says Diane Cole, CEO of Badgerland Financial.

Cole continued, "We know there are needs today that can't wait until 2013. This special patronage distribution can help offset some of the additional expenses of our members."

Cole notes there are some bright spots for its members that distinguish this time from past drought events, such as most are financially stronger following two or more years of record profits and robust crop insurance programs are utilized and will help offset losses for many.

Furthermore, interest rates are still historically low and producers are able to lock in long-term rates.

Meanwhile, Badgerland Financial and other agricultural cooperatives have strengthened their balance sheets in recent years and are positioned to withstand any weather-related business impacts.

"It's our mission and that of all Farm Credit associations to stand by our customers, in good times and bad. We're not going anywhere," adds Cole. "We are working collaboratively with our members on a case-by-case basis, offering options for modifying loan terms and repayment schedules, if needed. Together we will navigate through the issues they're facing."

This past March Badgerland Financial paid $9 million in cash patronage to its members, bringing the total to more than $60 million distributed over the last eight years.

Based on strong financial results year-to-date and expected results for the remainder of this year, the Association also anticipates paying any balance of its 2012 patronage distribution in early 2013.

Badgerland Financial, headquartered in Prairie du Sac, is a locally-owned cooperative serving members through offices in 17 communities in 33 southern Wisconsin counties. To learn more, visit badgerlandfinancial.com.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Page Tools

Search

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement