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May LGM-Dairy     Historic MPP  5 Year

Expected Margins   Margins  LGM-Dairy

May $8.97093 $7.14
June $8.97093 $7.03
July $6.84 $9.67123 $6.99
August $7.16 $9.67123 $8.78
September $7.38  $9.16485 $9.52
October $7.35  $9.16485 $9.39
November $7.18  $10.54387 $9.37
December $7.04 $10.54387 $8.12
January $6.75 $10.8206 $6.96
February $6.71 $10.8206 $6.81
March $6.73 $8.9498 $7.25
April $6.65 $8.9498 $7.38

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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