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Jan 2015 Expected LGM- Dairy Margins   2013-14 Actual MPP     Margins 5-Year Average LGM-Dairy Margins
February $13.31 $6.49
March $13.89 $6.33
April $7.00 $13.89 $6.06
May $7.30 $11.95 $5.73
June $7.37 $11.95 $5.84
July $8.34 $13.21 $6.19
August $8.75 $13.21 $7.29
September $8.79 $15.58 $7.79
October $8.80 $15.58 $8.63
November $8.63 $13.49 $8.27
December $8.30 $13.49 $6.68
January $7.80 $13.31 $5.99

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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