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August

LGM-Dairy     Historic MPP  5 Year

Expected Margins   Margins  LGM-Dairy

August $10.2653 $8.78
September $9.9890 $9.52
October $8.88 $10.0033 $9.39
November $8.59 $10.3887 $9.37
December $8.24  $9.3610 $8.12
January $8.00  $8.1171 $6.96
February $7.97  $6.8835 $6.81
March $7.99 $6.7684 $7.68
April $7.98 $6.6164 $7.69
May $8.02 $6.7809 $7.34
June $8.05 $7.3652 $7.57
July $8.17 $6.7181 $6.99

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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