Wautoma, WI
Current Conditions
0:26 AM CST
Partly Cloudy
Temperature
19°F
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12°F
Humidity
73%
Wind
ENE at 15 mph
Barometer
30.26 in. F
Visibility
2.50 mi.
Sunrise
07:16 a.m.
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05:05 p.m.
Evening Forecast (7:00pm-Midnight)
Temperatures will range from 28 to 17 degrees with cloudy skies. Winds will range between 8 and 20 miles per hour from the northeast. No precipitation is expected.
7-Day Forecast
Saturday
28°F / 15°F
Snow
Sunday
17°F / 4°F
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Monday
18°F / 4°F
Partly Cloudy
Tuesday
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Detailed Short Term Forecast
Issued at 0:26 AM CST
Saturday...Temperatures will range from a high of 28 to a low of 15 degrees with cloudy skies. Winds will range between 8 and 20 miles per hour from the northeast. 1.10 inches of snow are expected.
Overnight ...Temperatures will range from 15 to 17 degrees with cloudy skies. Winds will range between 16 and 20 miles per hour from the northeast. Anticipate snow accumulation of around one inch.
Sunday...Temperatures will range from a high of 17 to a low of 4 degrees with partly cloudy skies. Winds will range between 20 and 21 miles per hour from the northnortheast. 2.30 inches of snow 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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