From AFBF to CoBank
After five and a half years as an economist for the American Farm Bureau Federation, Danny Munch is now the lead economist for farm economy and agricultural commodities for the CoBank Knowledge Exchange.
Articles tagged under: CoBank Knowledge Exchange
Consumer Dairy Demand Shifts
The popularity of cheese, yogurt, butter, cottage cheese and other dairy products is helping some dairy farms get a larger milk check. A new report from the CoBank Knowledge Exchange says dairy herds producing higher levels of butterfat and protein…
Consumer Spending Adjusting to Inflation
According to the new quarterly report from CoBank’s Knowledge Exchange, consumers are dealing with inflation by reducing discretionary spending and buying lower-cost food items. The report said beef may be the exception, with consumers apparently willing to pay higher prices…
Dairy Replacement Inventories Expected to Rebound in ’27
On most dairy farms, the bottom line is being driven by the beef check rather than the milk check. As a result, dairy replacement numbers have dropped to their lowest level in nearly 50 years. To compensate for fewer replacement…
Protein Craze
The focus on protein, especially with the increased use of GLP-1 medications for weight loss, is growing. According to a new report from CoBank’s Knowledge Exchange, these trends have resulted in a sharp increase in meat snack sales. Meat snack…
Dairy Heifer Supply Continues to Shrink
Dairy replacement numbers are at a 20-year low. In a new report from CoBank, that trend is expected to continue until 2027. With high beef prices, the dairy heifer had more value in the feedlot than for future milk production.…
Pork’s Opportunity to Reconnect with Consumers
In conjunction with World Pork Expo, the CoBank Knowledge Exchange released a report on pork demand. Lead Economist Brian Earnest said domestic pork demand has been stagnant with the annual per-person consumption rate of 50 pounds per year. To boost…
Consumer Slowdown Signals Trouble for Ag Economy
Uncertainty in global trade and falling consumer confidence are warning signs for U.S. agriculture, says Rob Fox, Director of CoBank’s Knowledge Exchange. Declining sentiment is closely linked to reduced consumer spending, a major driver of the overall economy. “When you…
More Corn Acreage in ’25
According to a new report from the CoBank Knowledge Exchange, corn will steal acreage from soybeans, spring wheat, cotton and sorghum in 2025. The report forecasts a 4.2 percent increase in corn acreage, totaling 94.5 million acres. Soybeans would drop…
Dwindling Dairy Heifer Supplies
The number of dairy replacement heifers is at a 20-year low. According to a new report from the CoBank Knowledge Exchange, this situation could limit any meaningful growth in U.S. milk production. Due to tight numbers, dairy replacement prices are…
