Wautoma, WI
Current Conditions
0:56 AM CDT
Rain
Temperature
39°F
Dew Point
33°F
Humidity
79%
Wind
CM at 0 mph
Barometer
30.09 in. F
Visibility
10.00 mi.
Sunrise
06:01 a.m.
Sunset
07:50 p.m.
Evening Forecast (7:00pm-Midnight)
Temperatures will range from 52 to 41 degrees with cloudy skies. Winds will remain steady around 10 miles per hour from the southeast. Rain amounts of less than a tenth of an inch are expected.
7-Day Forecast
Wednesday
52°F / 38°F
Light Rain
Thursday
52°F / 38°F
Light Rain
Friday
58°F / 28°F
Partly Cloudy
Saturday
48°F / 28°F
Partly Cloudy
Sunday
39°F / 30°F
Light Rain
Monday
39°F / 30°F
Light Rain
Tuesday
45°F / 30°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Wednesday...Temperatures will range from a high of 52 to a low of 38 degrees with cloudy skies. Winds will range between 9 and 13 miles per hour from the eastsoutheast. 0.22 inches of rain are expected.
Overnight ...Temperatures will range from 40 to 38 degrees with cloudy skies. Winds will remain steady around 11 miles per hour from the east. Rain amounts between a tenth and quarter of an inch are predicted.
Thursday...Temperatures will range from a high of 52 to a low of 38 degrees with cloudy skies. Winds will range between 13 and 17 miles per hour from the southeast. 0.49 inches of rain are expected.

Bids boost dairy commodity prices in mid-week market

Dec. 4, 2013 | 0 comments

CHICAGO, IL

Bids for single carloads of Cheddar cheese blocks and barrels and of Grade A non-fat dry milk boosted the prices for those commodities on Wednesday of this week on the Chicago Mercantile Exchange and prompted an uptick in the Class III milk futures prices for every month through January of 2015.

The unfilled bid to buy one carload of Cheddar barrels raised the price by 7.25 cents per pound to $1.8850 while the bid for Cheddar blocks added 2.75 cents to the spot market's closing price of $1.9475 for the day. During the first three days of this week, the only cheese sale on the spot market was one carload of blocks.

In the AA butter spot market, however, a high volume of sales prevailed during the first three days of this week. Wednesday's price closed unchanged at $1.64 per pound following nine carload sales, making a total or 19 carload sales so far in the week.

Spot market prices continued to edge up for non-fat dry milk. A bid on Wednesday tacked 1.25-cent per pound onto the Grade A price, which closed at $2.03 per pound. The Grade Extra price of $1.9950 per pound was up by two cents for the week.

Futures markets

The futures market prices for dry whey have pushed above 60 cents per pound for the first quarter of 2014. The lowest price for 2014 on the trading board during an active session on Wednesday was the 52.775 cents per pound for December.

Class III milk futures prices were also sparked by the price gains in the Cheddar cheese spot market on Wednesday. They rose by 10 to 32 cents per hundred for every month from December 2013 through January of 2015.

Those rises put the Wednesday afternoon trading prices at $19.18 per hundred for December, $18.65 for January, $17.96 for February, and $17.55 for March. For all the remaining months of 2014, the prices were in the lower half of the $17s per hundred.

The Class III milk cash price for November was due to be announced on Wednesday afternoon but was not posted by the promised time. It will, however, likely be within one or two cents of the $18.83 per hundred, which was the Class III futures price on the market for the last trading day. This would be an increase of approximately 60 cents from the October price of $18.22 per hundred.

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