Wautoma, WI
Current Conditions
0:32 AM CST
Rain
Temperature
48°F
Dew Point
48°F
Humidity
100%
Wind
SE at 8 mph
Barometer
29.47 in. F
Visibility
1.50 mi.
Sunrise
07:02 a.m.
Sunset
04:24 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 47 to 40 degrees with cloudy skies. Winds will range between 6 and 11 miles per hour from the south. Rain amounts between a tenth and quarter of an inch are predicted.
7-Day Forecast
Sunday
47°F / 35°F
Light Rain
Monday
35°F / 22°F
Light Rain/Snow
Tuesday
29°F / 17°F
Partly Cloudy
Wednesday
29°F / 11°F
Light Snow
Thursday
17°F / 7°F
Partly Cloudy
Friday
32°F / 14°F
Snow
Saturday
17°F / 8°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:32 AM CST
Sunday...Temperatures will range from a high of 47 to a low of 35 degrees with cloudy skies. Winds will range between 1 and 18 miles per hour from the northwest. 0.72 inches of rain are expected.
This Evening ...Temperatures will range from 39 to 41 degrees with cloudy skies. Winds will range between 1 and 6 miles per hour from the east. Expect rain amounts between a quarter and half of an inch.
Overnight ...Temperatures will range from 40 to 36 degrees with cloudy skies. Winds will range between 10 and 18 miles per hour from the northwest. Rain amounts between a tenth and quarter of an inch are predicted.
Monday...Temperatures will range from a high of 35 to a low of 22 degrees with mostly cloudy skies. Winds will range between 14 and 19 miles per hour from the westnorthwest. Less than 1 tenth inch of rain is possible. Less than 1 inch of snow is possible.

Dairy commodities post spot market gains

Nov. 26, 2013 | 0 comments

CHICAGO, IL

During the early part of what would be a holiday-shortened trading week, dairy commodities were posting gains in the spot market on the Chicago Mercantile Exchange.

On Tuesday of this week, Cheddar cheese blocks picked up 1.5-cent per pound during a market day with two carload sales and an unfilled bid to buy one carload to close at $1.8650 per pound. Cheddar cheese barrels gained 2.25 cents to close at $1.77 per pound as a result of unfilled bid to buy one carload.

The AA butter spot market was also active but the price held at $1.6650 per pound. The market activity on Tuesday was three carload sales and an uncovered offer to sell one carload.

For the first time since October of 2007, spot market prices for non-fat dry milk hit $2 per pound. This happened on Tuesday of this week as the price picked up 1.5 cent for Grade A, putting it at $2 at the end of a market day with two carload sales and an unfilled bid to buy one carload. The Grade Extra price remained at $1.9750 per pound as one bid was placed.

Futures markets

Futures market prices for dry whey dipped a bit for December on Tuesday but posted gains for several months of 2014. Late in the day's trading session, prices ranged from 58.675 cents per pound for December 2013 to 50.025 cents for December of 2014 before slipping into the low 40s per pound at the start of 2015.

Class III milk futures showed a bit of strength for nearby months in recent trading sessions. Trading prices on Tuesday afternoon included $18.80 per hundred for November, $18.26 for December, $17.59 for January 2014, and in the lower $17s and very high $16s per hundred for the remaining months of 2014.

The Class I fluid milk national base price for December is $20.37 per hundred. This is an increase of 17 cents from November.

Export assistance

On Tuesday afternoon of this week, Cooperatives Working Together announced the receipt of a total of 38 bids for price assistance on the export of 9.76 million pounds of Cheddar, Gouda, and Monterey Jack cheese and 3.003 million pounds of butter. The receiving buyers are in Europe, Asia, Central American, North Africa, and the Middle East.

Placing the bids for deliveries ranging from late November to May of 2014 were Bongard's Creamery, Dairy Farmers of America, Darigold Cooperative, Foremost Farms USA, the Maryland and Virginia Milk Producers Cooperative, and Upstate Niagara O-AT-KA.

Within the coming week, the all-milk price estimate and the Class III cash price will be announced for milk shipped in November.

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