Wautoma, WI
Current Conditions
0:56 AM CDT
Clear
Temperature
64°F
Dew Point
41°F
Humidity
43%
Wind
WSW at 7 mph
Barometer
30.15 in. F
Visibility
10.00 mi.
Sunrise
06:37 a.m.
Sunset
07:06 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 60 to 63 degrees with clear skies. Winds will remain steady around 7 miles per hour from the southwest. No precipitation is expected.
7-Day Forecast
Tuesday
63°F / 44°F
Sunny
Wednesday
68°F / 44°F
Partly Cloudy
Thursday
60°F / 45°F
Partly Cloudy
Friday
68°F / 45°F
Light Rain
Saturday
71°F / 52°F
Light Rain
Sunday
57°F / 41°F
Partly Cloudy
Monday
51°F / 38°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Tuesday...Temperatures will range from a high of 63 to a low of 44 degrees with clear skies. Winds will range between 5 and 8 miles per hour from the westsouthwest. No precipitation is expected.
This Evening ...Temperatures will range from 58 to 49 degrees with clear skies. Winds will remain steady around 6 miles per hour from the west. No precipitation is expected.
Overnight ...Temperatures will range from 48 to 45 degrees with clear skies. Winds will remain steady around 7 miles per hour from the west. No precipitation is expected.
Wednesday...Temperatures will range from a high of 68 to a low of 44 degrees with partly cloudy skies. Winds will range between 3 and 12 miles per hour from the northeast. No precipitation is expected.

Cheddar cheese, Class III futures post small price gains

Oct. 14, 2013 | 0 comments

CHICAGO, IL

The Cheddar cheese spot market on the Chicago Mercantile Exchange swung into action on Wednesday of this week with the sale of seven carloads each of blocks and barrels and one unfilled bid for a carload of each.

Prices rose by 1.25 cent per pound for blocks to close at $1.7725 while barrels tacked on 1.75 cent for a day's closing price of $1.74 per pound.

The highest per pound prices in the dairy commodity spot market still belong to non-fat dry milk, whose prices stood at $1.8450 per pound for Grade A and $1.78 for Grade Extra in a market that had no activity through Wednesday of this week.

Meanwhile, the spot market prices for AA butter took a hit this week. They fell by 4.5 cents per pound on Tuesday and another 4 cents on one carload sale on Wednesday.

This dropped the price to $1.53 per pound - down by 8 cents from a week earlier. Seven carloads were sold during the first three days of this week in the spot market for AA butter.

The dry whey futures market is maintaining steady prices. On Wednesday, the October price of 58.35 cents per pound was the highest. The price then gradually descends to 51 cents per pound by August of 2014.

Class III milk futures for nearby months have rung up slight price gains in recent trading days, including on Wednesday on this week. This put midday trading prices at $18.15 per hundred for October, $18.06 for November, and $17.40 for December.

The Class III futures then drop into the upper half of the $16s per hundred for the first half of 2014. They then move up to the very low $17s for the second half of the year.

For September, the national Class III milk base price was $18.14 per hundred, up by 23 cents from August. This put the Class III average price for the first nine months of 2013 at $17.76 per hundred.

Other September prices are $19.78 per hundred for Class II and $19.43 for Class IV.

Earlier this week, Cooperatives Working Together announced the receipt of a total of 32 bids for financial assistance on the export of 4.89 million pounds of Cheddar, Gouda, and Monterey Jack cheese and 7.54 million pounds of butter to countries in Europe, Asia, Central America, North Africa, and the Middle East.

Those bids came from Bongard's Creameries, Land O'Lakes, Dairy Farmers of America, and Darigold Cooperative. Product deliveries are scheduled until March of 2014.

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