AFBF Economist Outlines Dairy Herd Management Trends

AFBF Economist Danny Munch shares a closer look at the dairy market and the forces impacting producers today.

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.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Fall is one of the best times of the year when it comes to seasonal produce! Save this list to have on hand for harvest season when you hit your local grocery store, farmers market, or CSA!
The U.S. Department of Agriculture (USDA) appointed Dr. Jaye L. Hamby as the new Director of the National Institute of Food and Agriculture (NIFA).
In a call with reporters on Tuesday, RFD-TV News reporter Lily Raby asked Senate Ag Committee member Sen. Chuck Grassley (R-IA) for his opinion on Des Moines school leaders’ decisions to halt ag education programs, which also threatens the future of the city’s FFA chapter.
Trinity Barth and Liliann Tjaden-Duff joined us on Market Day Report to express their concerns about the future of the program that has, for 50 years, given students of all backgrounds a path to agriculture careers.
Citi Bank is sounding the alarm about a convincing new banking scam leaving customers confused and cashless.
The California Farm Bureau introduces us to Aussie, its 2024 Farm Dog of the Year! Aussie’s proved nothing—not even the loss of a limb—can stop her from protecting her farm and family.
Agriculture Shows
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.
Champions of Rural America is a half-hour dive into the legislative priorities for Rural America. Join us as we interview members of the Congressional Western Caucus to learn about efforts in Washington to preserve agriculture and tackles the most important topics in the ag industry on Champions of Rural America!
Featuring members of Congress, federal and state officials, ag and food leaders, farmers, and roundtable panelists for debates and discussions.