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February 2016  Expected LGM- Dairy Margins   2015 Actual MPP     Margins 5-Year Average LGM-Dairy Margins
February $7.9954 $6.51
March $7.50415 $6.61
April $6.29 $7.50415 $6.48
May $6.57 $7.99534 $6.26
June $6.89 $7.99534 $6.31
July $7.24 $7.69594 $6.44
August $7.58 $7.69594 $7.53
September $7.80 $9.08203 $7.94
October $7.97 $9.08203 $8.68
November $7.96                   $9.55705 $8.68
December $7.84 $9.55705 $6.60
January $7.63 $7.9954 $6.15

Chart compares the Dairy Margin Protection Program and the historical LGM-Dairy values. Producers should add an average basis of $1.50 to LGM-Dairy values to compare to the Farm Bill Margin Protection Program margins

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