Wautoma, WI
Current Conditions
0:56 AM CDT
Partly Cloudy
Temperature
76°F
Dew Point
74°F
Humidity
94%
Wind
E at 6 mph
Barometer
29.96 in. F
Visibility
6.00 mi.
Sunrise
06:08 a.m.
Sunset
07:50 p.m.
Evening Forecast (7:00pm-Midnight)
Temperatures will range from 81 to 71 degrees with mostly cloudy skies. Winds will range between 6 and 11 miles per hour from the northeast.
7-Day Forecast
Friday
81°F / 69°F
Light Rain
Saturday
82°F / 68°F
Mostly Cloudy
Sunday
85°F / 70°F
Partly Cloudy
Monday
85°F / 69°F
Light Rain
Tuesday
85°F / 65°F
Light Rain
Wednesday
67°F / 47°F
Light Rain
Thursday
63°F / 47°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Friday...Temperatures will range from a high of 81 to a low of 69 degrees with mostly cloudy skies. Winds will range between 6 and 11 miles per hour from the northeast. Less than 1 tenth inch of rain is possible.
Overnight ...Temperatures will range from 71 to 69 degrees with cloudy skies. Winds will remain steady around 6 miles per hour from the east.
Saturday...Temperatures will range from a high of 82 to a low of 68 degrees with mostly cloudy skies. Winds will range between 4 and 6 miles per hour from the east. Less than 1 tenth inch of rain is possible.

Milk production report for September is delayed

Oct. 24, 2013 | 0 comments

CHICAGO, IL

Due to the partial federal government shutdown, which included the gathering of agricultural statistics, the milk production report for September that was scheduled for release on Monday, Oct. 21 will now be issued on the afternoon of Friday, Nov. 1.

Gathering and reporting of such data has resumed.

For the dairy sector, the reports starting with the month of October are tentatively scheduled to again include dairy cow numbers by state and the monthly average milk production per cow in the states.

Reporting of those two items was discontinued earlier this year due to the federal budget sequestration.

What has not been interrupted in the private sector activity in the pricing of dairy commodities.

The direction that prices are headed is indicated by the daily spot market and Class IIl milk and other dairy product futures markets on the Chicago Mercantile Exchange (CME).

Spot market gains

During the week through Wednesday, Oct. 23, prices have strengthened slightly or stabilized on the CME.

Cheddar cheese prices increased during that trading week and AA butter began to rebound after hitting a recent price low of $1.4650 per pound on Monday of this week on the CME.

The Cheddar barrel cheese gained 3.25 cents on Tuesday of this week and another .75-cent on Wednesday to close at $1.80 per pound.

Six carloads were sold on Wednesday and an offer to sell one carload was not covered. The market was quiet for Cheddar blocks with the price standing at $1.8575 per pound.

In the spot market for AA butter, the price ticked up by .50-cent per pound on both Tuesday and Wednesday to close at $1.4750 per pound. One carload was sold and an offer to sell one carload was not covered.

The non-fat dry milk spot market had no activity through Wednesday of this week. Prices remained at $1.86 per pound for Grade A and $1.82 for Grade Extra.

Dairy futures prices

Dry whey futures prices continued to show a bit of strength, posting increases on Wednesday for all months from December 2013 through March 2014 and also for later months in 2014.

This put the price trading range from a high of 58 cents per pound for October to 50 cents for September of 2014.

Class III milk futures underwent some modest changes during the trading week.

There was a 28-cent per hundred pickup for November to $18.57 in trading on Wednesday afternoon but December had lost 10 cents during the week to trade at $17.71 while January 2014 was down by 16 cents to $17.01 per hundred.

Other prices on Wednesday afternoon were $18.22 per hundred for October, in the upper half of the $16s per hundred for all other months in the first half of 2014, and in the very low $17s per hundred for July through November of 2014.

Export report

On Tuesday of this week, Cooperatives Working Together (CWT) announced the receipt of a batch of 11 bids from Bongard Creameries, Foremost Farms, Dairy Farmers of America, Darigold Cooperative, and the Maryland and Virginia Milk Producers Cooperative.

These bids were for financial assistance on the export 2.002 million pounds of Cheddar, Gouda, and Monterey Jack cheese and 771,618 pounds of butter.

Those products are set to go to buyers in Asia, Central America, Europe, North Africa, and the Middle East. Deliveries were scheduled from late October-March of 2014.

Throught the CWT mechanism and other means, the latest indication is that an equivalent of nearly 18 percent of the milk production in the United States is being exported as manufactured products.

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