Wautoma, WI
Current Conditions
0:56 AM CDT
Cloudy
Temperature
35°F
Dew Point
19°F
Humidity
52%
Wind
N at 20 mph
Barometer
30.38 in. F
Visibility
10.00 mi.
Sunrise
07:32 a.m.
Sunset
05:48 p.m.
Morning Forecast (7:00am-12:00pm)
Temperatures will range from 29 to 37 degrees with mostly clear skies. Winds will remain steady around 21 miles per hour from the north. No precipitation is expected.
7-Day Forecast
Friday
39°F / 26°F
Sunny
Saturday
44°F / 26°F
Sunny
Sunday
47°F / 28°F
Partly Cloudy
Monday
48°F / 33°F
Light Rain
Tuesday
45°F / 32°F
Scattered Showers
Wednesday
45°F / 32°F
Mostly Cloudy
Thursday
45°F / 32°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Friday...Temperatures will range from a high of 39 to a low of 26 degrees with clear skies. Winds will range between 7 and 22 miles per hour from the north. No precipitation is expected.
This Afternoon ...Temperatures will range from 39 to 36 degrees with clear skies. Winds will range between 13 and 22 miles per hour from the north. No precipitation is expected.
This Evening ...Temperatures will range from 33 to 28 degrees with clear skies. Winds will remain steady around 9 miles per hour from the north. No precipitation is expected.
Overnight ...Temperatures will remain steady at 27 degrees with clear skies. Winds will remain steady around 7 miles per hour from the north. No precipitation is expected.
Saturday...Temperatures will range from a high of 44 to a low of 26 degrees with mostly clear skies. Winds will range between 1 and 8 miles per hour from the south. No precipitation is 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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