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Margin Protection Program for Dairy

The Margin Protection Program for Dairy (MPP-Dairy) was a voluntary risk management program for dairy producers authorized by the 2014 Farm Bill through Dec. 31, 2018. The 2018 Farm Bill authorized the new Dairy Margin Coverage (DMC) program, which replaced the Margin Protection Program for Dairy (MPP-Dairy). Much like the MPP-Dairy program, the DMC program is a voluntary program that provides dairy operations with risk management coverage that will pay producers when the difference (the margin) between the national price of milk and the average cost of feed falls below a certain level selected by the program participants.

Visit the DMC webpage for more information and resources.


Past Program Information

MPP Dairy Production History Comparisons 

Results of 2018 MPP-Dairy Enrollment

Results of 2017 MPP-Dairy Enrollment

Results of 2016 MPP-Dairy Enrollment

Results of 2015 MPP-Dairy Enrollment


Prices

Read the details on how the prices below are used in the MPP calculation (PDF).

MonthPay PeriodsCorn ($/bu)Alfalfa Hay ($/ton)Soybean Meal ($/ton)All Milk< ($/cwt)Final Feed Costs for MPP-D ($/cwt)Milk Margin Above Feed Costs ($/cwt)Milk Margin /pay Period*
2018
December3.54180.00311.7016.408.554717.845297.84529
November3.41175.00310.6217.008.338808.661198.66120
October3.41178.00319.1517.408.442608.957398.95740
September3.39180.00318.3216.708.442448.257578.25756
August3.36177.00332.5015.908.473387.426617.42662
July3.47179.00341.0815.408.681856.718146.71815
June3.58181.00355.7116.308.934797.365207.36521
May3.67189.00393.5516.209.419076.780936.78093
April3.58183.00385.8415.809.183676.616356.61635
March3.51166.00379.8515.608.831636.768376.76837
February3.38155.00362.8515.308.416516.883496.88349
January3.29152.00322.5916.107.982958.117058.11705
2017
December63.23148.00319.2217.207.839019.360999.87485
November3.15148.00313.5218.107.7112910.38871
October53.26152.00315.2317.907.8966710.003339.99619
September3.27149.00307.7017.807.810959.98905
August43.27147.00301.0518.007.7346710.265339.67123
July3.49152.00326.0417.308.222879.07713
June33.43152.0300.7217.307.972399.327608.97093
May3.45155.00307.6316.708.085748.61426
April23.43148.00305.6716.507.953988.546028.94898
March3.49135.00320.3417.307.948079.35192
February13.44129.00334.4218.507.9157210.5842810.82023
January3.40128.00332.3418.907.8438211.05618
2016
December63.33129.00321.0218.807.6992211.1007810.54246
November3.23130.00322.4117.607.615869.98414
October53.29135.00323.2716.607.755058.844959.16485
September3.22137.00337.9517.307.815259.48475
August43.21138.00340.8017.107.839179.260838.42515
July3.60140.00371.4916.108.510537.58947
June33.82142.00408.5714.809.046485.753515.76277
May3.68147.00376.3514.508.727975.77202
April23.58153.00303.8115.008.169726.830277.14868
March3.57144.00276.2215.307.832917.467087
February13.57142.00273.6115.707.786327.9136708.00928
January3.66147.00279.5616.107.995118.104886
2015
December63.65150.00289.7817.208.100609.0993979.55705
November3.60150.00308.6018.208.1852910.01471
October53.67156.00327.9717.708.484969.215049.08207
September3.68157.00333.6217.508.550918.94909
August43.68159.00357.8516.708.756417.943607.69510
July3.80169.00375.7116.609.153417.44659
June33.58178.00335.0316.908.741708.158317.99534
May3.62192.00320.2316.708.867637.83237
April23.75184.00336.6116.509.017887.482127.50415
March3.81172.00357.8316.609.073827.52618
February13.79172.00370.3816.809.144617.655407.99554
January3.81174.00380.0217.609.264328.33569
2014
December63.78183.00431.7320.409.7355010.6645012.02943
November3.58184.00441.3923.009.6056413.39436
October53.56194.00381.5024.909.2809915.6190115.51136
September3.48197.00525.7225.7010.2962915.40371
August43.63209.00490.3024.1010.3614213.7385813.21061
July4.05216.00450.7923.3010.6173112.68265
June34.49222.00501.7223.2011.5459111.6540911.95747
May4.71224.00519.3824.2011.9391312.26087
April24.71206.00514.0125.3011.6530613.6469413.87422
March4.51191.00495.7125.2011.0985014.10150

*At a milk margin minus feed costs of $8 or less, payments are possible depending on the level of coverage chosen by the dairy producer.


Sources:

Corn, Alfalfa hay and All-milk full month prices (not preliminary) can be found in the National Agricultural Statistics Service (NASS) Agricultural Prices monthly publication.

Soybean Meal prices can be found in the Agricultural Marketing Service (AMS) daily Central Illinois Soybean Processor report. (Go to the 48% Soybean Meal R monthly price at the bottom of the report).


Payments


Related Documents


Handbook and Recent Notices

  • Handbook 1-MPP Margin Protection Program for Dairy Producers
  • MPP-57 Announcing Extension of Re-enrollment for 2018 Coverage
  • MPP-58 Announcing Deadline Extension of Re-enrollment for 2018 Coverage
  • MPP-59 Announcing MPP-Dairy May 2018 Payment Trigger
  • MPP-60 Announcing MPP-Dairy June 2018 Payment Trigger
  • MPP-61 2018 Premium Balance Due Date Extended for MPP-Dairy