One variation of a method for managing dairy production includes: retrieving a set of electronic feed data for feed materials receiving life events of a milking animal, including a gynecological status of the milking animal collecting milking records corresponding to milking events of the milking animal generating a milk production model for the milking animal based on the life events and milking records in response to entry of a target milk production value for the milking animal, generating a feed schedule specifying a combination of feed materials based on the milk production model and the electronic feed data to achieve the target milk production value by the milking animal and estimating a milk production profit corresponding to achievement of the target milk production value and, in response to entry of a target feed value, generating a feed schedule and estimating a milk production value for the milking animal.