Dairy farms contribute nearly $7 billion to the Pennsylvania economy…

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July 2016  Expected LGM- Dairy Margins   2015-2016 Actual MPP     Margins 5-Year Average LGM-Dairy Margins
July $7.69596 $6.44
August $7.69596 $7.53
September $8.42 $9.08203 $7.94
October $8.44 $9.08203 $8.68
November $8.19 $9.55705 $8.68
December $7.89 $9.55705 $7.34
January $7.80 $8.00928 $6.99
February $7.88 $8.00928 $6.71
March $7.95 $7.1486 $6.49
April $8.00                           $7.1486 $6.06
May $8.14 $5.7720 $6.20
June $8.24 $7.99534 $5.83

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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