Wautoma, WI
Current Conditions
0:56 AM CDT
Partly Cloudy
Temperature
67°F
Dew Point
60°F
Humidity
78%
Wind
SSW at 10 mph
Barometer
30.12 in. F
Visibility
10.00 mi.
Sunrise
06:15 a.m.
Sunset
07:40 p.m.
Morning Forecast (7:00am-12:00pm)
Temperatures will range from 54 to 74 degrees with mostly cloudy skies. Winds will remain steady around 5 miles per hour from the south. No precipitation is expected.
7-Day Forecast
Friday
76°F / 54°F
Light Rain
Saturday
66°F / 64°F
Partly Cloudy
Sunday
82°F / 64°F
Sunny
Monday
87°F / 66°F
Sunny
Tuesday
87°F / 68°F
Partly Cloudy
Wednesday
86°F / 68°F
Partly Cloudy
Thursday
87°F / 69°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Friday...Temperatures will range from a high of 76 to a low of 54 degrees with cloudy skies. Winds will range between 1 and 14 miles per hour from the eastnortheast. 0.47 inches of rain are expected.
This Afternoon ...Temperatures will range from 76 to 73 degrees with cloudy skies. Winds will range between 4 and 10 miles per hour from the south.
This Evening ...Temperatures will range from 70 to 63 degrees with cloudy skies. Winds will range between 1 and 14 miles per hour from the east. Rain amounts of less than a tenth of an inch are expected.
Overnight ...Temperatures will remain steady at 63 degrees with cloudy skies. Winds will range between 9 and 13 miles per hour from the east. Expect rain amounts between a quarter and half of an inch.
Saturday...Temperatures will range from a high of 66 to a low of 64 degrees with partly cloudy skies. Winds will range between 5 and 16 miles per hour from the northnortheast. 1.39 inches of rain are expected.

CME establishes $100 million fund to protect cattlemen

Feb. 9, 2012 | 0 comments

CME Group Inc. (CME) established a $100 million fund to protect farmers and ranchers who utilize CME.

Cattlemen attending the 2012 Cattle Industry Convention heard from Bryan Durkin, CME chief operating officer, who said on behalf of CME that they felt an "inherent" responsibility to help their customers.

He said there is more to be done.

"We are in unchartered territory," said Durkin. "There are a lot of facts that still need to be sorted out. We took an important first step for farmers and ranchers."

Durkin said MF Global found a way to manipulate a system that has been working flawlessly for 75 years.

The fund will not help former MF Global customers who haven't received all their money as a result of the bankruptcy.

There is an estimated $1.2 billion shortfall in customer segregated accounts.

Durkin said customers with accounts in the United States have received about 72 cents on the dollar.

Under the new fund, farmers and ranchers will be eligible to receive up to $25,000 per account if they lose money resulting from the bankruptcy of a clearing member.

Durkin said farming and ranching cooperatives will be eligible for up to $100,000 per cooperative.

He said if losses are more than $100 million, those customers will be eligible for a pro-rate share of the fund up to $100 million.

Durkin said doing everything possible to prevent a repeat of MF Global is top priority for CME.

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