Wautoma, WI
Current Conditions
0:44 AM CST
Foggy
Temperature
34°F
Dew Point
34°F
Humidity
100%
Wind
ENE at 8 mph
Barometer
29.69 in. F
Visibility
2.00 mi.
Sunrise
07:29 a.m.
Sunset
04:22 p.m.
Evening Forecast (7:00pm-Midnight)
Temperatures will range from 34 to 36 degrees with cloudy skies. Winds will remain steady around 11 miles per hour from the east. Rain amounts between a tenth and quarter of an inch are predicted. Snow accumulation of less than a half inch is predicted.
7-Day Forecast
Monday
36°F / 34°F
Light Rain/Snow
Tuesday
44°F / 35°F
Light Rain
Wednesday
37°F / 24°F
Mostly Cloudy
Thursday
32°F / 24°F
Mostly Cloudy
Friday
33°F / 13°F
Light Rain/Snow
Saturday
13°F / 6°F
Partly Cloudy
Sunday
22°F / 9°F
Light Snow
Detailed Short Term Forecast
Issued at 0:44 AM CST
Monday...Temperatures will range from a high of 36 to a low of 34 degrees with cloudy skies. Winds will range between 11 and 14 miles per hour from the eastnortheast. 0.44 inches of rain are expected. Less than 1 inch of snow is possible.
Overnight ...Temperatures will remain steady at 36 degrees with cloudy skies. Winds will remain steady around 12 miles per hour from the northeast. Expect rain amounts between a quarter and half of an inch.
Tuesday...Temperatures will range from a high of 44 to a low of 35 degrees with mostly cloudy skies. Winds will range between 5 and 13 miles per hour from the south. 0.20 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.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Page Tools

Search

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement