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Jan 2015 Expected LGM- Dairy Margins   2013-14 Actual MPP     Margins 5-Year Average LGM-Dairy Margins
March $13.89 $6.33
April $13.89 $6.06
May $6.87 $11.95 $5.73
June $7.11 $11.95 $5.84
July $7.57 $13.21 $6.19
August $8.16 $13.21 $7.29
September $8.56 $15.51 $7.79
October $8.74 $15.51 $8.63
November $8.73 $12.03 $8.27
December $8.59 $12.03 $6.68
January $8.19 $8.34 $6.25
February $8.14 $6.56

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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