Wautoma, WI
Current Conditions
0:13 AM CDT
Foggy
Temperature
30°F
Dew Point
28°F
Humidity
93%
Wind
CM at 0 mph
Barometer
30.20 in. F
Visibility
1.50 mi.
Sunrise
07:21 a.m.
Sunset
06:00 p.m.
Overnight Forecast (Midnight-7:00am)
Temperatures will range from 36 to 39 degrees with partly cloudy skies. Winds will remain steady around 7 miles per hour from the south. No precipitation is expected.
7-Day Forecast
Thursday
40°F / 36°F
Partly Cloudy
Thursday
51°F / 40°F
Light Rain
Friday
66°F / 47°F
Partly Cloudy
Saturday
58°F / 37°F
Sunny
Sunday
53°F / 37°F
Mostly Cloudy
Monday
58°F / 44°F
Light Rain
Tuesday
57°F / 39°F
Light Rain
Detailed Short Term Forecast
Issued at 0:13 AM CDT
Thursday...Temperatures will range from a high of 40 to a low of 36 degrees with partly cloudy skies. Winds will range between 6 and 8 miles per hour from the southsoutheast. No precipitation is expected.
...$dailyWea.get(0).segments.get($o).statement
Overnight ...Temperatures will range from 36 to 39 degrees with partly cloudy skies. Winds will remain steady around 7 miles per hour from the south. No precipitation is expected.
Thursday...Temperatures will range from a high of 51 to a low of 40 degrees with mostly cloudy skies. Winds will range between 3 and 10 miles per hour from the south. 0.26 inches of rain are expected.

Butter price gains spark CME Market

June 25, 2014 | 0 comments

CHICAGO, IL

A 5-cent-per-pound jump in the spot market price for AA butter on Wednesday of this week put the day's closing price at $2.35 per pound on the Chicago Mercantile Exchange.

The sale of two carloads constituted the day's activity in the spot market for AA butter. The price increase pushed the gain for the first three days of this week to 11.5 cents per pound.

Five carloads of cheddar block cheese were sold in the spot market on Wednesday as the price remained at $2.0250 per pound. The cheddar barrel price advanced by 1 cent to $2.0425 per pound as the result of an unfilled bid to buy one carload.

The spot market price for Grade A nonfat dry milk stood at $1.8250 per pound as an offer to sell one carload was not covered. Dry whey futures prices remained strong with monthly prices of 67.8 cents per pound for June, 62.3 cents for September and above 50 cents per pound for all subsequent months through August of 2015.

Strong class III futures

Based on current Class III milk futures prices, there's a potential that the Class III cash prices might extend their record high run by another four months — through October and possibly November.

There was little price movement in the Class III futures on Wednesday of this week, but gains in earlier trading sessions pushed the prices for nearby months above the previous Class III cash price records for those months.

On Wednesday of this week, the record high Class III futures prices included $21.31 per hundred for June, $21.75 for July, $21.74 for August, $21.67 for September and $21.48 for October. The $21.82 for the November futures was only 1 cent below the record high Class III cash price for the month.

For 2015, the Class III futures on Wednesday were in a gradual downward arc from the high of $19.54 per hundred for January to the $17.95 for December.

The Class I fluid milk national base price for July also posted an increase. The $23.02 per hundred is 16 cents more than the June Class I price.

On Tuesday of this week, Cooperatives Working Together announced the receipt of 5 bids for financial assistance on the export of 2.315 million pounds of 82 percent butter, 1.574 million pounds of whole milk powder and 158,733 pounds of cheddar and gouda cheese.

Those bids came Dairy Farmers of America, the Michigan Milk Producers Association and the Northwest Dairy Association (Darigold). They plan to ship the products to buyers in Asia and the Middle East from June to November.

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