Wautoma, WI
Current Conditions
0:56 AM CDT
Partly Cloudy
Temperature
44°F
Dew Point
28°F
Humidity
53%
Wind
SSE at 20 mph
Barometer
30.15 in. F
Visibility
10.00 mi.
Sunrise
06:12 a.m.
Sunset
07:42 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 41 to 48 degrees with mostly cloudy skies. Winds will range between 18 and 22 miles per hour from the southeast. No precipitation is expected.
7-Day Forecast
Wednesday
48°F / 38°F
Light Rain
Thursday
49°F / 27°F
Partly Cloudy
Friday
52°F / 25°F
Partly Cloudy
Saturday
41°F / 26°F
Light Rain
Sunday
45°F / 35°F
Scattered Showers
Monday
54°F / 35°F
Partly Cloudy
Tuesday
50°F / 39°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Wednesday...Temperatures will range from a high of 48 to a low of 38 degrees with cloudy skies. Winds will range between 14 and 22 miles per hour from the southeast. 0.12 inches of rain are expected.
This Evening ...Temperatures will range from 44 to 38 degrees with cloudy skies. Winds will remain steady around 15 miles per hour from the southeast. Rain amounts of less than a tenth of an inch are expected.
Overnight ...Temperatures will remain steady at 38 degrees with cloudy skies. Winds will remain steady around 20 miles per hour from the southeast. Rain amounts of less than a tenth of an inch are expected.
Thursday...Temperatures will range from a high of 49 to a low of 27 degrees with partly cloudy skies. Winds will range between 4 and 19 miles per hour from the westsouthwest. Less than 1 tenth inch of rain is possible.

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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