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:

RanchHER TV Host Janie Johnson enjoys a rip-roaring time with Morgan & Scotlyn Flitner, tenacious sisters working the family ranch, raising horses & cattle on 300,000 acres of Wyoming badlands.
Tue, 4/30/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT
RanchHER TV Host Janie Johnson joins lifelong neighbors Charity Staeffler and Sarah Kropf for a cold, icy adventure herding cattle through Oregon’s Blue Mountains.
RanchHER TV Host Janie Johnson joins lifelong neighbors Charity Staeffler and Sarah Kropf for a cold, icy adventure herding cattle through Oregon’s Blue Mountains.
Starting Monday, April 29, the USDA will require free avian flu (HPAI H5N1) testing on all dairy cattle before interstate travel. Positive cases must be directly reported to the USDA for tracing.
Since the Tennessee Main Street program’s inception in 2010, 78 rural commercial districts have been improved. These 12 new additions bring that total number up to 90.
Become a follower of ag influencer Mary Pat Sass. This entrepreneur and FarmHER does it all while raising kids and crafting delicious harvest meals that inspire other farm mamas to get in the kitchen.
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.