Wautoma, WI
Current Conditions
0:56 AM CDT
Rain
Temperature
43°F
Dew Point
40°F
Humidity
89%
Wind
E at 12 mph
Barometer
29.85 in. F
Visibility
7.00 mi.
Sunrise
05:59 a.m.
Sunset
07:51 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 44 to 53 degrees with cloudy skies. Winds will range between 14 and 23 miles per hour from the southeast. No precipitation is expected.
7-Day Forecast
Thursday
53°F / 42°F
Light Rain
Friday
59°F / 38°F
Sunny
Saturday
53°F / 37°F
Mostly Cloudy
Sunday
44°F / 36°F
Light Rain
Monday
46°F / 36°F
Light Rain
Tuesday
49°F / 30°F
Light Rain
Wednesday
41°F / 30°F
Light Rain
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Thursday...Temperatures will range from a high of 53 to a low of 42 degrees with cloudy skies. Winds will range between 5 and 23 miles per hour from the east. 0.60 inches of rain are expected.
This Evening ...Temperatures will range from 47 to 43 degrees with cloudy skies. Winds will range between 13 and 19 miles per hour from the east. Expect rain amounts between a quarter and half of an inch.
Overnight ...Temperatures will remain steady at 44 degrees with mostly cloudy skies. Winds will range between 5 and 16 miles per hour from the south. Rain amounts between a tenth and quarter of an inch are predicted.
Friday...Temperatures will range from a high of 59 to a low of 38 degrees with mostly clear skies. Winds will range between 4 and 21 miles per hour from the westnorthwest. No precipitation is expected.

Commodity prices stablein quiet dairy spot market

June 28, 2012 | 0 comments

Commodity traders of dairy products on the Chicago Mercantile Exchange (CME) appeared to take a holiday on Wednesday of this week. An unfilled bid to buy one carload of Grade Extra non-fat dry milk was the day's only activity in the spot market.

As a result of price gains earlier in the week, prices for Cheddar cheese on the CME's spot market stood at $1.6525 per pound for 40-pound blocks and $1.6750 for 500-pound barrels. Barrels overtook blocks on the price in trading late last week.

The AA butter spot market price remained at $1.52 per pound, following a 2.5-cent drop on Friday, June 22. Grade A non-fat dry milk was at $1.2275 per pound while the Grade Extra price rose by .50-cent to $1.1950 due to the bid to buy on Wednesday.

A bit of price movement continued on futures contracts for dry whey.

Prices were down slightly for the last four months of 2012 on Wednesday, but the August through December prices for this year still hovered at between 53.2 and 54 cents per pound.

For a majority of the months from April 2013 through May 2014, the price was at 38.5 cents per pound.

Modest price gains were posted for most months through October 2013 in the Class III milk futures market on Wednesday of this week. The largest gains were 10 cents per hundred for January, May and September in 2013.

As the last week for trading began, the June 2012 futures for Class III milk slipped by 2 cents per hundred to $15.64. Then they rebounded to the $17s per hundred for all months from July through January 2013 and the $16s per hundred for all the remaining months of 2013.

A Class I fluid milk national price base of $15.51 per hundred has been announced for July. This is an increase of 27 cents from June, but $5.52 per hundred less than the price in July 2011.

Cooperatives Working Together has accepted a package of four bids from Dairy Farmers of America and Darigold Cooperative for price assistance on the export of 2.645 million pounds of Cheddar cheese and 220,462 pounds of butter to countries in Asia and the Middle East. Scheduled deliveries are from July through December.

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