Wautoma, WI
Current Conditions
0:56 AM CDT
Cloudy
Temperature
77°F
Dew Point
63°F
Humidity
62%
Wind
SW at 18 mph
Barometer
29.75 in. F
Visibility
10.00 mi.
Sunrise
05:21 a.m.
Sunset
08:26 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 70 to 76 degrees with mostly cloudy skies. Winds will range between 13 and 18 miles per hour from the southwest.
7-Day Forecast
Monday
76°F / 61°F
Light Rain
Tuesday
77°F / 59°F
Light Rain
Wednesday
80°F / 59°F
Partly Cloudy
Thursday
80°F / 59°F
Partly Cloudy
Friday
77°F / 44°F
Light Rain
Saturday
55°F / 40°F
Cloudy
Sunday
52°F / 42°F
Light Rain
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Monday...Temperatures will range from a high of 76 to a low of 61 degrees with mostly cloudy skies. Winds will range between 5 and 18 miles per hour from the southwest. 0.29 inches of rain are expected.
This Evening ...Temperatures will range from 73 to 64 degrees with cloudy skies. Winds will range between 6 and 13 miles per hour from the southwest. No precipitation is expected.
Overnight ...Temperatures will range from 64 to 61 degrees with partly cloudy skies. Winds will remain steady around 6 miles per hour from the south. Rain amounts of less than a tenth of an inch are expected.
Tuesday...Temperatures will range from a high of 77 to a low of 59 degrees with mostly cloudy skies. Winds will range between 2 and 25 miles per hour from the southwest. 0.29 inches of rain are expected.

Dairy commodity prices tumble at end of year

Dec. 31, 2013 | 0 comments

CHICAGO, IL

Spot market prices for Cheddar barrel cheese, AA butter, and Grade A non-fat dry milk all incurred losses on the Chicago Mercantile Exchange on Monday of this week. Class III milk futures for the first half of 2014 followed suit.

On an uncovered offer to sell one carload, Cheddar barrels lost 6 cents per pound to close at $1.91 per pound on Monday. With no market activity, Cheddar block cheese remained at $2 per pound.

Amid the sale of a total of 16 carloads of AA butter on Friday, Dec. 27 and Monday of this week, the spot market price fell by a total 6.25 cents per pound to close at $1.5225. An unfilled bid to buy one carload was reported on Monday.

After holding at $2.11 per pound for two weeks, the non-fat dry milk price fell by 2 cents per pound on Monday during a market session of one carload sale and one uncovered offer to sell. Grade Extra non-fat dry milk remained at $2.09 per pound.

Futures markets

In the dry whey futures market, there was little activity on Monday. Prices stood at between 61 and 56 cents per pound for all months of 2014.

The Class III milk futures were in red ink territory for the first half of 2014 on Monday. Prices fell by as much as 24 cents per hundred for January and 20 cents for March.

Those cutbacks put the prices at $19.24 per hundred for January, $18.62 for February, $18.42 for March, and $18.14 for April in trading on Monday afternoon. They remained in the $17s per hundred for all subsequent months through January of 2015.

With only a couple of trading sessions remaining, the December 2013 futures price stood at $18.99 per hundred. This is likely to signify the highest Class III milk cash price for any month in 2013.

The Class IV milk futures, representing the combined price value of butterfat and powdered milk, held at above $21 per hundred through March of 2014 despite the downturn in butter prices in recent spot market trading sessions.

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