new milk futures update

AS of today, October 6, 2009 we have seen another uptick in the near term dairy futures market. Today October 2009 up $.04 to $12.84, November up $.27 to $14.27 and December up $.23 to $14.72. What price can a dairy producer expect based on these futures prices?
As any good extension educator will tell you, "It Depends" It does really depend on the individual basis that each farm has. If your basis (simple definition is the difference between the futures price and the mailbox price received) is $2.00 then you can plan $2.00 over the class III price. Same if your particular basis is $3.00. I would use at least three years worth of milk prices to begin to get an accurate picture of the farm's basis.