LITTLE RIVER, S.C. (RFD NEWS) — Milk prices are declining as dairy supplies continue to build both in the United States and globally. As producers respond to those market conditions, many are increasingly relying on beef-on-dairy breeding strategies to help manage margins, even as replacement numbers tighten.
American Farm Bureau Federation (AFBF) economist Danny Munch joined us on Thursday’s Market Day Report to provide an update on the overall status of the U.S. dairy herd and explain the factors driving current herd management trends.
In his interview with RFD NEWS, Munch discussed how producers are adapting to changing supply dynamics and economic pressures within the dairy sector. He also shared how herd management decisions are influencing U.S. milk prices and shaping dairy trade conditions moving forward.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
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