Wautoma, WI
Current Conditions
0:56 AM CDT
Clear
Temperature
38°F
Dew Point
28°F
Humidity
67%
Wind
ENE at 9 mph
Barometer
30.19 in. F
Visibility
7.00 mi.
Sunrise
06:01 a.m.
Sunset
07:50 p.m.
Morning Forecast (7:00am-12:00pm)
Temperatures will range from 30 to 50 degrees with partly cloudy skies. Winds will range between 4 and 8 miles per hour from the northeast. No precipitation is expected.
7-Day Forecast
Wednesday
55°F / 30°F
Light Rain
Thursday
49°F / 36°F
Light Rain
Friday
61°F / 28°F
Partly Cloudy
Saturday
49°F / 27°F
Partly Cloudy
Sunday
42°F / 28°F
Light Rain
Monday
39°F / 32°F
Ice Possible
Tuesday
36°F / 32°F
Light Rain
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Wednesday...Temperatures will range from a high of 55 to a low of 30 degrees with mostly cloudy skies. Winds will range between 4 and 12 miles per hour from the southeast. 0.31 inches of rain are expected.
This Afternoon ...Temperatures will range from 52 to 55 degrees with partly cloudy skies. Winds will remain steady around 7 miles per hour from the southeast. No precipitation is expected.
This Evening ...Temperatures will range from 52 to 42 degrees with cloudy skies. Winds will remain steady around 11 miles per hour from the southeast. No precipitation is expected.
Overnight ...Temperatures will range from 40 to 35 degrees with cloudy skies. Winds will remain steady around 10 miles per hour from the southeast. Expect rain amounts between a quarter and half of an inch.
Thursday...Temperatures will range from a high of 49 to a low of 36 degrees with mostly cloudy skies. Winds will range between 6 and 24 miles per hour from the west. 0.67 inches of rain are 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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