Livestock Gross Margin-Dairy Program Enrollment Approaching

Next Enrollment Date: Friday, December 28, 2012

Crop Growers, LLP and Farm Credit East, ACA are committed to helping you understand the risk management tools available for dairy producers. The information below highlights an available program and important dates. Additional educational tools are available.

Important Announcement Regarding the Livestock Gross Margin – Dairy Program:

The Risk Management Agency has $9 million remaining for 2013 Livestock Gross Margin- Dairy. The next enrollment date is expected to be Friday, December 28, 2012. National interest in this program remains high.

LGM-Dairy December Enrollment Period:

  • Enrollment Date: Friday, December 28th - It is recommended that you begin the application/target marketings report process well in advance of the enrollment date.
  • Program Funding Capacity: RMA has $9 million remaining for the 2013 Livestock Gross Margin-Dairy program.
  • Program Availability: We anticipate a high level of interest during this enrollment period and emphasize that this program is available on a national first-come first-serve basis.
  • LGM-Dairy Margins: LGM-Dairy margins (Class III milk futures minus CBOT/CME feeds costs) remain positive and improved over last year at this time.

For more information and to begin the process of understanding this valuable program or to enroll milk, contact Crop Growers, LLP at 1-800-234-7012.

Livestock Gross Margin -Dairy Analyzer Link: http://future.aae.wisc.edu/lgm_analyzer/