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March 2021



Dairy Manager Latest Results

Average monthly margins continued to improve in December 2020 for herds using Kingshay’s dairy costings service. Analysis of the latest results showed that although milk prices were slightly higher compared to last year (29.94ppl compared to 29.24ppl for Dec 2019), purchased feed costs were also higher at 8.88ppl compared to 8.74ppl, resulting in a 5% higher margin over purchased feed per cow of £155 per cow.

Yield from all forage shows an increase of 11% to 8.0 l/cow/day when compared to December 2019. When compared to the 5 year average, 2020 was an excellent year for feed efficiency and making better use of home grown conserved forages and grazed grass to help lower production costs.

Milk yield per cow is still 3% higher (27.4 litres/cow/day compared to 26.7 litres/cow/day).

Concentrate prices per tonne have been gradually increasing month on month since October 2019, seeing it’s highest price yet of £245/tonne, an increase of £11/tonne compared to December 2019.

Other rolling trends for the year ending December 2020 include -

  • Average herd size decreased by 4 cows (down 1.9%) to 202 cows in herd.
  • Yields averaged 8,493 litres per cow, with a marginal reduction on last year of 0.2%
  • Milk from forage increased by 2.4% to 2,795 litres per cow.
  • Cell counts remained low at 161 (‘000), similar to the previous year.
  • Milk price decreased to 28.22ppl from 28.78ppl, a decrease of 1.9%
  • Purchased feed costs of 8.16ppl were 1.7% lower than last year, with annual concentrate prices averaging £239/tonne compared to £241/tonne.

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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.