Danny Munch

Economist @FarmBureau | Cornell Dyson & UConn Ag-Econ grad | Connecticut native | Agriculture Enthusiast | Tweets are my own

[John Newton @New10_AgEcon]

We're getting ready to go talk #fertilizer in the Senate, but all eyes are on a proposed 200-day pause to the TRQ on #beef. @FarmBureau knows this would threaten the investment needed to rebuild 🇺🇸 #cattle herd. #oatt #AgTwitter @DMUNCH912 https://t.co/C0NrFIgPgd

[John Newton @New10_AgEcon]

🗺️ Map of the drought duration by county. Drought conditions and weak snowpack are gripping Western #agriculture. @FarmBureau's Danny Munch (@DMUNCH912) and Shelby Hagenauer review Western #snowpack and #drought issues impacting farmers and ranchers. #Plant26 #oatt #agtwitter 👇👇https://t.co/D88MjydDuJ

[Danny Munch @DMUNCH912]

🥬 Higher labor and compliance costs tied to each acre.
🍎 Immense up-front capital investments that don’t disappear in bad years.
🍓 Perishable products with limited ability to wait out weak markets.
🌰 Fewer risk-management tools to cushion price or revenue shocks.. and more

[Danny Munch @DMUNCH912]

Different crops. Same economic reality: costs are rising faster than returns. Compliance costs, for example, rose from about $106 per acre to more than $1,600 per acre for California lettuce growers, now over 12% of total production costs, up from roughly 1% a decade ago.

[Danny Munch @DMUNCH912]

Specialty crops are higher-value per acre, but they also come with much higher costs. When margins turn negative, the losses accelerate into the thousands per acre. What contributes to this?

[FarmPolicy @FarmPolicy]

An economist with the American Farm Bureau Federation says the looming #port strike could have severe consequences for the U.S. ag industry, with as much as $1.4 billion in #ag #trade disrupted each week a strike is in place.

https://t.co/XC78wgsG21

[CNBC @CNBC]

“Citrus production in the United States [is a] pretty dire situation right now,” Daniel Munch, economist at the American Farm Bureau Federation, told CNBC. “When you have a lack of supply that’s unable to meet demand, prices for consumers shoot up.” https://t.co/tE7FSNtTdh

[FB Market Intel @FBMarketIntel]

"As of the week of Sept. 11, rates have ticked up to over 900% of their underlying tariff, reflecting the impact of water levels on transportation costs." @DMUNCH912
https://t.co/DbvvjnMyA9

[FB Market Intel @FBMarketIntel]

"Much of the decline in grocery store market share for at home spending has been the growth of warehouse clubs and supercenters and home delivery."
https://t.co/IQwKtUgaNQ

[FB Market Intel @FBMarketIntel]

"In 1997, grocery stores accounted for 72% of food at home expenditures. In 2022, grocery stores took up only 54.2% of at home food spending."
Read the latest from @dmunch912

https://t.co/IQwKtUgaNQ

[PSU Ag & Shale Law @AgShaleLaw]

#AgLAw hotlink: "Tracking Federal Milk Marketing Order Policy Developments | Part 2" https://t.co/SfKipEBtuK @DMUNCH912 @FarmBureau #USDA #FarmtoMarket #Milk #Dairy

[Nicole Heslip @BRNAgNews_NH]

Fate of #milk pricing updates now in @USDA’s hands. Hear more about some of the differences and what @FarmBureau is proposing in our interview with @DMUNCH912 @brownfield #agnews https://t.co/hQNWP1MRj8

[FB Market Intel @FBMarketIntel]

"Since 2000, total domestic production of oranges has dropped 80%, from 300 million boxes to a projected 62 million in 2023." Read the latest from @dmunch912 🍊 https://t.co/IZpfw32khE

[FB Market Intel @FBMarketIntel]

"The decline in citrus production in the United States has diminished the country’s longtime role as a leader in global market share. In 1970, the U.S. produced nearly 50% of the world’s oranges. This number dropped to 25% by 2000 and sits at an expected 5% for 2023." @DMUNCH912

[FB Market Intel @FBMarketIntel]

"Two-thirds of dairy manufacturing plants did not participate in a survey that will potentially be used to inform binding minimum pricing requirements for farmers." Read the latest from: @dmunch912 https://t.co/Sh4PqgssAM

[FB Market Intel @FBMarketIntel]

61% of respondents still report liquidating livestock because of drought conditions.

Read more about AFBF's Fall 2022 Drought Survey results in @DMUNCH912's latest Market Intel.

https://t.co/rneKyvBiBk

[Iowa Farm Bureau @IowaFarmBureau]

.@FarmBureau economist Danny Munch offers his thoughts on recent rail & shipping disruptions, the current trade landscape & upcoming Farm Bill discussions.

Our new edition of 𝙏𝙝𝙚 𝙎𝙥𝙤𝙠𝙚𝙨𝙢𝙖𝙣 𝙎𝙥𝙚𝙖𝙠𝙨 podcast ⬇️

https://t.co/TQpkVLjBce @DMUNCH912 #AgTwitter

[Iowa Farm Bureau @IowaFarmBureau]

Never a dull moment in D.C. @FarmBureau economist @DMUNCH912 joins us at Iowa Farm Bureau’s Annual Meeting to share a national policy update.

#CultivatingOpportunity

[UConn CAHNR @UConnCAHNR]

"@UConn 4-H really fast-tracked my career in agricultural policy. The program got me into agriculture and that’s driven my entire life,” says CAHNR alum Danny Munch.

https://t.co/FC2zGF2LqQ @UConnAlumni @UConnExtension @FarmBureau @DMUNCH912