Wautoma, WI
Current Conditions
0:56 AM CDT
Cloudy
Temperature
83°F
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62°F
Humidity
49%
Wind
SSW at 9 mph
Barometer
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8.00 mi.
Sunrise
05:19 a.m.
Sunset
08:43 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 79 to 82 degrees with mostly cloudy skies. Winds will remain steady around 3 miles per hour from the southwest. No precipitation is expected.
7-Day Forecast
Saturday
82°F / 59°F
Partly Cloudy
Sunday
85°F / 60°F
Sunny
Monday
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Scattered Showers
Tuesday
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Wednesday
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Mostly Cloudy
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Detailed Short Term Forecast
Issued at 0:56 AM CDT
Saturday...Temperatures will range from a high of 82 to a low of 59 degrees with partly cloudy skies. Winds will range between 2 and 7 miles per hour from the eastsoutheast. No precipitation is expected.
This Evening ...Temperatures will range from 79 to 64 degrees with partly cloudy skies. Winds will remain steady around 5 miles per hour from the southeast. No precipitation is expected.
Overnight ...Temperatures will range from 62 to 59 degrees with partly cloudy skies. Winds will remain steady around 4 miles per hour from the southeast. No precipitation is expected.
Sunday...Temperatures will range from a high of 85 to a low of 60 degrees with mostly clear skies. Winds will range between 4 and 11 miles per hour from the southsouthwest. Less than 1 tenth inch of rain is possible.

Cheddar cheese blocks anchor dairy commodity market prices

June 14, 2012 | 0 comments

The spot market price for 40-pound Cheddar cheese blocks has been moving up and down almost daily in recent weeks on the Chicago Mercantile Exchange (CME) but Wednesday of this week was another up day in that cash market.

An unfilled bid to buy one carload on Wednesday boosted the Cheddar block price by five cents per pound to $1.70, which was 9.75 cents higher than a week earlier. The only carload sale of the week also took place on Wednesday.

Meanwhile, the price for 500-pound Cheddar barrels remained at $1.5650 per pound on Wednesday following an unfilled bid to buy. That price is 4.25 cents higher than a week earlier.

No carloads of barrels were sold through Wednesday of this week on the CME.

The spot market price for AA butter picked up four cents per pound on Wednesday as the result of an unfilled bid to buy one carload. The day's closing price of $1.45 per pound was 4.5 cents above that of a week earlier.

Upward price movement also occurred in the non-fat dry milk spot market on Wednesday. An unfilled bid to buy boosted the Grade Extra price by four cents to $1.16 per pound.

Grade A non-fat dry milk tacked on .50-cent per pound on Wednesday to close at $1.22 following one carload sale, one uncovered offer, and one unfilled bid to buy.

Four carloads of Grade A were sold in the spot market during the first three days of this week.

Dry whey futures were mixed for the remaining months of 2012 on Wednesday but all of day's closing prices for those months were between 54.5 and 50.9 cents per pound. They then tail off to the low 40s and high 30s for all of 2013 and into 2014.

Despite the apparent strength in dairy commodity prices, the Class III milk futures did not follow along on Wednesday. Instead, modest losses were posted for all months from July through December of 2012.

Nonetheless, this June's closing price of $15.71 per hundred was the lowest monthly price on the trading board through December of 2013.

Prices for nearby months were $16.54 per hundred for July, $16.95 for August, $16.92 for September, and $16.93 for October. The futures price then slide into the lower half of the $16s per hundred throughout 2013.

A producer price differential (PPD) of 22 cents per hundred was announced this week for the 3.0454 billion pounds of milk pooled in the Federal Milk Marketing Order 30 (Chicago) during May.

When the zoned transportation fee is subtracted, most shippers are left with a PPD of 12, 7, or 2 cents per hundred.

Of the pooled milk, 81.2 percent was used in Class III (cheese production), 10.5 percent in Class I (fluid milk), a relatively high 6 percent in Class II, and 2.3 percent in Class IV.

That milk had averages of 3.7 percent butterfat, 3.04 percent protein, and 5.76 percent other solids.

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