LGM-Dairy

Livestock Gross Margin for Dairy

Most dairy farm mangers agree it would be impossible to survive another financial hit like the recent one. Fortunately, dairy farmers can now insure their margin through a USDA ―revenue insurance program called LGM-Dairy.

The newly revamped program will now includes: an 18-50% premium subsidy, additional deductible choices, and premiums are now due after coverage expires, not up front.

The next LGM-Dairy Information and Training Session in Shawano County will be announced as they are scheduled. To register or for more information, call Katie Behnke at the Shawano County Extension Office at (715) 526-6136.

Introduction to LGM-Dairy  (word doc, 301KB)

LGM-Dairy Flowchart (pdf, 1 pg.)

LGM Example (pdf, 1 pg.)

Useful Websites

LGM Premium Estimator: http://future.aae.wisc.edu/lgm_analyzer/

Brian Gould’s Website – information about LGM: http://future.aae.wisc.edu/lgm_dairy.html

Victor Cabrera’s Website – dairy management tools: http://dairymgt.uwex.edu/

Penn State – general LGM information: http://cropins.aers.psu.edu/lgmdairy.htm

Ag Risk Managers Insurance Agency: http://www.lgmdairy.com/

Shawano County UW-Extension Agriculture is on Facebook!

If you have any questions regarding Agriculture in Shawano County, please contact:

	Ken Barnett, Agriculture & Horticulture Agent UW-Extension Shawano County Shawano County Courthouse 311 North Main Street, Room 101 Shawano, WI 54166 Phone: 715-526-6136 * Fax: 715-526-4875 Email: ken.barnett@ces.uwex.edu
	Rhonda Sumnicht, Office Assistant UW-Extension Shawano County Shawano County Courthouse 311 N Main Street, Room 101 Shawano, WI 54166 Phone: 715-526-6136 * Fax: 715-526-4875 E-mail: rhonda.sumnicht@co.shawano.wi.us