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March 2020
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Dairy Manager Latest Results

Kingshay’s dairy costed herds continue to show a 3% decrease in average milk prices for January 2020 compared to January 2019 (28.47ppl compared to 29.27ppl last year). This has contributed to the monthly margins decreasing by 1% to 19.95 ppl and margins per cow down 1% to £146 per cow. However, concentrate prices have decreased again this month, £234 per tonne for January 2020 compared to £250 per tonne in January 2019.

Daily Milk
Milk yields were again similar in January 2020 at 27.3 l/cow/day. The graph highlights monthly changes to daily milk yields compared to the previous year. Each month has seen an increase, compared  to the same month in the previous year since January 2019, although as the graph shows, September through to December milk yield has shown very little change, with January showing an increase in yields for the first time since September 2019 compared to the same month of the previous year.

 

Concentrate use was similar at 9.1 kg per cow per day or 0.33kg/litre compared to January 2019. Milk from forage was slightly higher, by 7% at 8 l/cow/day compared to January 2019, as illustrated in the graph below.

Forage Trends

The rolling margins (MOPF) for the year ending January 2020 averaged 20.33ppl or £1,720 per cow. These were similar to last year, due to a decrease in feed costs, although with  slightly lower milk prices.

Other rolling trends for the year ending January 2020 include -

  • Average herd size stayed the same with 201 cows in herd.
  • Yields averaged 8,459 litres per cow, a 2.1% increase on last year.
  • Milk from forage increased by 14.3% to 2,739 litres per cow.
  • Cell counts remained low at 163 (‘000), a slight increase on 159 (‘000).
  • Milk price decreased slightly at 28.53ppl, a slight decrease on 28.96ppl.
  • Purchased feed costs of 8.19ppl were 2.7% lower than last year, with concentrate prices averaging £240/tonne compared to £236/tonne.

Download the full results

 

More in depth analysis of herds using Kingshay’s costings service can be found in Kingshay’s Dairy Costings Focus Report or call 01458 851555 for more details. 

Analyse your Profit Manager results for the year ending March 2020 now -

  • Proportion costs to the Dairy Enterprise
  • Analyse the true costs of production for your herd

If you are interested in analysing and comparing your herd’s figures with other similar herds, give us a call on 01458 851555. More details of this simple and easy-to-use service can be found HERE