Wautoma, WI
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0:56 AM CDT
Clear
Temperature
41°F
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Humidity
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Wind
N at 9 mph
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06:09 a.m.
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Morning Forecast (7:00am-12:00pm)
Temperatures will range from 29 to 46 degrees with clear skies. Winds will range between 4 and 8 miles per hour from the northeast. No precipitation is expected.
7-Day Forecast
Friday
53°F / 29°F
Sunny
Saturday
61°F / 30°F
Partly Cloudy
Sunday
70°F / 47°F
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Monday
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Tuesday
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Detailed Short Term Forecast
Issued at 0:56 AM CDT
Friday...Temperatures will range from a high of 53 to a low of 29 degrees with mostly clear skies. Winds will range between 4 and 15 miles per hour from the east. No precipitation is expected.
This Afternoon ...Temperatures will range from 49 to 53 degrees with mostly clear skies. Winds will remain steady around 5 miles per hour from the northeast. No precipitation is expected.
This Evening ...Temperatures will range from 50 to 33 degrees with partly cloudy skies. Winds will range between 7 and 15 miles per hour from the northeast. No precipitation is expected.
Overnight ...Temperatures will range from 32 to 29 degrees with partly cloudy skies. Winds will remain steady around 9 miles per hour from the east. No precipitation is expected.
Saturday...Temperatures will range from a high of 61 to a low of 30 degrees with partly cloudy skies. Winds will range between 8 and 18 miles per hour from the southsoutheast. No precipitation is expected.

Class III milk futures reach highs for year

July 12, 2012 | 0 comments

The spot market prices of the Chicago Mercantile Exchange for dairy commodities have shown little or no upward movement in recent weeks.

However, the Class III milk futures are showing strength as new highs for most months in the next two years were reached with solid gains on Wednesday of this week.

The first $18 plus per hundred for futures in 2012 - $18.09 for October - occurred on Wednesday. Prices for other months late in the year were in the $17.90s per hundred and prices for all months in 2013 were all in the $17s.

This July was an exception to the day's trend as the price slipped by one cent to $16.57 per hundred. The August price gained 12 cents to close at $17.56 per hundred.

Monthly price increases of 10 to 39 cents for a majority of the following months stood in contrast to the commodity prices in the spot on Wednesday.

Cheddar cheese barrels slipped by one cent to $1.64 per pound on one carload sale while Cheddar blocks tacked on .50-cent per pound to close at $1.6450 following four carload sales (13 sales for the first three days of this week) and an unfilled bid to buy two carloads.

The price for AA butter remained at $1.54 per pound following one unfilled bid and one uncovered offer on Wednesday.

Grade A non-fat dry milk moved up by .50-cent per pound to $1.2425 during a market day with one unfilled bid and one uncovered offer while Grade Extra stayed at $1.1950 per pound.

Dry whey futures continued to show underlying strength with all prices for the remainder of 2012 at between 50 and 55 cents per pound.

Prices for 2013 have moved to the upper 40s and lower 40s per pound respectively for the first and second half of the year.

The producer price differential (PPD) for Federal Milk Marketing Order 30 for June, announced on Wednesday of this week, was a negligible seven cents per hundred in the Chicago base zone (a negative for shippers to most of the milk receiving plants in Order 30).

This PPD applied to the nearly 2.583 billion pounds of milk pooled in Order 30 for June. Of that milk, Class III usage was down to 78.9 percent, Class II was up to 6.9 percent, Class I fluid was at 11.4 percent, and Class IV butter and powder was a 2.8 percent.

The pooled milk had averages of 3.63 percent butterfat, 3.0 percent protein, and 5.76 percent other solids.

The Class III base cash milk price for June that was announced on Thursday of last week was $15.63 per hundred, the same as for May. Other prices for June were $14.32 per hundred for Class II and $13.24 for Class IV.

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