Cattle feeders continue to look for more blue sky a week after setting new all-time highs in the 5 Area Weekly Weighted Average Cash price. Cash traders kept activity quiet throughout the week until Friday, when packers began bidding $245 per hundredweight in all regions, steady with the bottom side of last week’s trade in the north and $1 lower than last week’s trade in the south. Feeders rejected those bids, pushing the price up to $248 in the north and $249 in the south. P

The Dairy Margin Coverage (DMC) Program, administered by the Farm Service Agency (FSA), is a voluntary risk management tool for dairy producers. It offers financial assistance when the margin between the all-milk price and average feed cost falls below a coverage level chosen by the producer. By participating in DMC, dairy farmers can protect themselves against declines in milk prices and increases in feed costs, thereby ensuring more predictable and stable income. The progra

The T.C. Jacoby Weekly Market Report Week Ending February 20, 2026 On Thursday, USDA announced that it would spend $263 million buying food to donate to food banks and nutrition assistance programs under Section 32 of the Depression-era Agricultural Act of 1935. USDA will spend nearly half of the $148 million allocated for dairy products on butter, with another $42.5 million for Swiss and Cheddar cheese, and $30.5 million on conventional and ultra-high temperature milk. Febru