Wautoma, WI
Current Conditions
0:56 AM CST
Light Snow
Temperature
13°F
Dew Point
6°F
Humidity
73%
Wind
NNE at 13 mph
Barometer
30.14 in. F
Visibility
1.75 mi.
Sunrise
07:15 a.m.
Sunset
05:07 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 12 to 8 degrees with cloudy skies. Winds will remain steady around 23 miles per hour from the northeast. Snow accumulation of less than a half inch is predicted.
7-Day Forecast
Sunday
12°F / 2°F
Partly Cloudy
Monday
18°F / 2°F
Partly Cloudy
Tuesday
22°F / 8°F
Light Snow
Wednesday
8°F / -8°F
Partly Cloudy
Thursday
4°F / -8°F
Partly Cloudy
Friday
16°F / -4°F
Mostly Cloudy
Saturday
33°F / 13°F
Icy
Detailed Short Term Forecast
Issued at 0:56 AM CST
Sunday...Temperatures will range from a high of 12 to a low of 2 degrees with partly cloudy skies. Winds will range between 8 and 25 miles per hour from the northnortheast. Less than 1 inch of snow is possible.
This Evening ...Temperatures will remain steady at 8 degrees with partly cloudy skies. Winds will range between 16 and 21 miles per hour from the north. No precipitation is expected.
Overnight ...Temperatures will range from 7 to 3 degrees with clear skies. Winds will range between 8 and 15 miles per hour from the north. No precipitation is expected.
Monday...Temperatures will range from a high of 18 to a low of 2 degrees with partly cloudy skies. Winds will range between 6 and 14 miles per hour from the southsouthwest. Less than 1 inch of snow is possible.

Price erosion takes hold in dairy commodity market

Jan. 10, 2013 | 0 comments

Following price drops earlier in the week, the spot markets for Cheddar cheese and AA butter were quiet on Wednesday of this week at the Chicago Mercantile Exchange.

The day's prices for both Cheddar blocks and barrels were down by four cents per pound from a week earlier, closing at $1.72 and $1.69 per pound, respectively.

Seven carloads of barrels and one of blocks were sold earlier in the week.

The AA butter spot market slid by another 3.5 cents per pound on Tuesday of this week, leaving it at $1.45 per pound.

Two carloads were sold earlier in the week.

What was unusual in the spot market on Wednesday was a bit of activity for non-fat dry milk.

One carload of Grade A was sold as the price slipped by .25-cent to $1.5475 per pound while Grade Extra remained at $1.56.

Dry whey futures prices increased slightly for January on Wednesday to put the price at 63.75 cents per pound near the end of the day's trading session.

Red ink prevailed for most other months in 2013, however, with prices on a gradual decline from the 58 cents per pound for February to 53.5 cents by December.

Class III milk futures were mixed on Wednesday of this week with modest losses being posted in trading for the first half of 2013 and slight gains occurring for the latter half of the year.

As a result, the day's closing prices stood at $17.97 per hundred for both January and March and $17.68 for February.

All other months of 2013 were still in the $18s per hundred before a sharp decline to the low $15s per hundred by late 2014.

The national Class III base price for milk shipped in December is $18.66 per hundred.

This was a decline of $2.17 per hundred from November and was 11 cents less than in December of 2011.

Cooperatives Working Together has received a total of 10 bids from Darigold Cooperative, United Dairymen of Arizona, and the Michigan Milk Producers Association.

The bids were for price assistance on the export of 1.358 million pounds of Cheddar and Monterey Jack cheese, 2.519 million pounds of butter, and 44,092 pounds of whole milk powder.

Those commodities are scheduled to seven countries in Asia, North Africa, and South America on deliveries from January to July.

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