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Jan 2015 Expected LGM- Dairy Margins   2013-14 Actual MPP     Margins 5-Year Average LGM-Dairy Margins
January $13.31 $5.99
February $13.31 $6.49
March $6.54 $13.89 $6.33
April $6.28 $13.89 $6.06
May $6.42 $11.95 $5.73
June $6.76 $11.95 $5.84
July $7.27 $13.21 $6.19
August $7.41 $13.21 $7.29
September $7.69 $15.53 $7.79
October $7.77 $15.53 $8.63
November $7.64 $13.39 $8.27
December $7.36 $11.04 $6.68

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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