Wautoma, WI
Current Conditions
0:56 AM CST
Partly Cloudy
Temperature
34°F
Dew Point
31°F
Humidity
89%
Wind
SSW at 8 mph
Barometer
29.92 in. F
Visibility
6.00 mi.
Sunrise
07:01 a.m.
Sunset
04:25 p.m.
Morning Forecast (7:00am-12:00pm)
Temperatures will range from 33 to 36 degrees with cloudy skies. Winds will range between 11 and 15 miles per hour from the southwest. No precipitation is expected.
7-Day Forecast
Saturday
46°F / 33°F
Light Rain
Sunday
45°F / 33°F
Rain
Monday
33°F / 13°F
Snow
Tuesday
20°F / 10°F
Partly Cloudy
Wednesday
30°F / 19°F
Light Snow
Thursday
19°F / -5°F
Partly Cloudy
Friday
11°F / -3°F
Mostly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CST
Saturday...Temperatures will range from a high of 46 to a low of 33 degrees with cloudy skies. Winds will range between 8 and 16 miles per hour from the south. Less than 1 tenth inch of rain is possible.
This Afternoon ...Temperatures will remain steady at 37 degrees with cloudy skies. Winds will remain steady around 10 miles per hour from the southwest. Rain amounts of less than a tenth of an inch are expected.
This Evening ...Temperatures will range from 36 to 38 degrees with cloudy skies. Winds will remain steady around 9 miles per hour from the south.
Overnight ...Temperatures will range from 40 to 46 degrees with cloudy skies. Winds will range between 10 and 16 miles per hour from the south. Rain amounts of less than a tenth of an inch are expected.
Sunday...Temperatures will range from a high of 45 to a low of 33 degrees with cloudy skies. Winds will range between 2 and 20 miles per hour from the south. 0.56 inches of rain are expected. 1.40 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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