Wautoma, WI
Current Conditions
0:56 AM CST
Clear
Temperature
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Humidity
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Wind
NW at 16 mph
Barometer
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Sunrise
06:58 a.m.
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Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 18 to 15 degrees with clear skies. Winds will range between 14 and 19 miles per hour from the west. No precipitation is expected.
7-Day Forecast
Thursday
18°F / 13°F
Sunny
Friday
34°F / 13°F
Partly Cloudy
Saturday
38°F / 34°F
Cloudy
Sunday
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Monday
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Tuesday
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Wednesday
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Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CST
Thursday...Temperatures will range from a high of 18 to a low of 13 degrees with clear skies. Winds will range between 5 and 19 miles per hour from the westnorthwest. No precipitation is expected.
This Evening ...Temperatures will range from 15 to 13 degrees with clear skies. Winds will range between 8 and 13 miles per hour from the northwest. No precipitation is expected.
Overnight ...Temperatures will remain steady at 13 degrees with clear skies. Winds will remain steady around 6 miles per hour from the southwest. No precipitation is expected.
Friday...Temperatures will range from a high of 34 to a low of 13 degrees with partly cloudy skies. Winds will range between 5 and 16 miles per hour from the southsouthwest. No precipitation is expected.

Dairy commodity markets post steady price gains

July 19, 2012 | 0 comments

Until Wednesday of this week, Cheddar cheese and AA butter prices were posting small daily gains in the spot market on the Chicago Mercantile Exchange.

That trend hiccupped on Wednesday with a 2.75-cent decline in the price for Cheddar barrels on a market day with two carload sales and uncovered offer to sell one carload.

The price closed at $1.6975 per pound after hitting a high for the year.

Cheddar blocks held at $1.72 per pound, also a high for 2012, on Wednesday. The day's market activity was one carload sale and one uncovered offer to sell.

Following one unfilled bid, the AA butter spot market price held at $1.58 per pound on Wednesday. That market had picked up three cents per pound earlier in the week.

The non-fat dry milk spot market prices also remained at highs for the year on a quiet market day. The prices are $1.29 per pound for Grade A and $1.1950 for Grade Extra.

Reflecting the setback on the Cheddar barrel price, the Class III milk futures for the upcoming three months shed 23 to 26 cents per hundred on Wednesday after also setting price highs earlier in the week.

Closing futures prices were $16.69 per hundred for July, $17.80 for August, $18.82 for September, $18.57 to $18.61 for October, November, and December, and in the lower $18s and high $17s per hundred for all months in 2013.

Futures prices for dry whey were also in red ink territory for nearby months on Wednesday but they were still above 58 cents per pound for September through December of this year. Then they trend downward, holding at 50 cents of above, however, for the first nine months of 2013.

In one of the largest volume transactions ever, Cooperatives Working Together has accepted a package of seven bids from Dairy Farmers of America, Land O'Lakes, Darigold Cooperative, and United Dairymen of Arizona.

These groups are requesting export assistance on the sale of 10.018 million pounds of butter and Cheddar cheese to countries in Asia, North Africa, and the Middle East. Deliveries are scheduled from July through December.

The national milk production numbers for June were released on Thursday afternoon (July 19).

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