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USDA NASS Ag Prices data showed the February Dairy Margin Coverage margin at $8.46/cwt, with a milk price of $18.30 and total feed costs of $9.84/cwt. Corn averaged $4.11/bu and soybean meal $312.38/ton, both slightly higher than January.
DMC indemnity payments will go to participating farms.
Modest increases in corn and soybean meal raised feed costs, but a stronger milk price offset most of the gain. Feed-cost pressure remains a factor for dairy margins and feed demand.
agproud.comJenn CoyneApr 1, 2026After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
