Wautoma, WI
Current Conditions
0:56 AM CDT
Clear
Temperature
54°F
Dew Point
51°F
Humidity
89%
Wind
CM at 0 mph
Barometer
30.14 in. F
Visibility
10.00 mi.
Sunrise
05:22 a.m.
Sunset
08:25 p.m.
Morning Forecast (7:00am-12:00pm)
Temperatures will range from 52 to 70 degrees with cloudy skies. Winds will range between 5 and 13 miles per hour from the south.
7-Day Forecast
Sunday
70°F / 52°F
Light Rain
Monday
76°F / 64°F
Light Rain
Tuesday
73°F / 55°F
Light Rain
Wednesday
77°F / 56°F
Scattered Showers
Thursday
79°F / 58°F
Light Rain
Friday
75°F / 43°F
Light Rain
Saturday
55°F / 36°F
Mostly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Sunday...Temperatures will range from a high of 70 to a low of 52 degrees with cloudy skies. Winds will range between 5 and 17 miles per hour from the southsoutheast. 1.20 inches of rain are expected.
This Afternoon ...Temperatures will range from 66 to 70 degrees with cloudy skies. Winds will range between 6 and 15 miles per hour from the east. Rain amounts of less than a tenth of an inch are expected.
This Evening ...Temperatures will range from 62 to 65 degrees with cloudy skies. Winds will range between 6 and 17 miles per hour from the east. Rain amounts between three quarters and one inch are expected.
Overnight ...Temperatures will remain steady at 65 degrees with cloudy skies. Winds will remain steady around 12 miles per hour from the southeast. Rain amounts between a tenth and quarter of an inch are predicted.
Monday...Temperatures will range from a high of 76 to a low of 64 degrees with mostly cloudy skies. Winds will range between 6 and 29 miles per hour from the southsouthwest. 0.41 inches of rain are expected.

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.

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

Advertisement