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March 2016  Expected LGM- Dairy Margins   2015 Actual MPP     Margins 5-Year Average LGM-Dairy Margins
April $7.50415 $6.48
May $7.99534 $6.26
June $5.93 $7.99534 $6.31
July $6.33 $7.69594 $6.44
August $6.75 $7.69594 $7.53
September $6.99 $9.08203 $7.94
October $7.06 $9.08203 $8.68
November $7.03 $9.55705 $8.68
December $6.96 $9.55705 $6.60
January $6.92                   $8.00928 $6.15
February $6.95 $8.00928 $6.51
March $7.03 $7.50415 $6.516.61

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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