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June 2020
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Dairy Manager Latest Results

Herds using Kingshay’s dairy costing service show only a slight 1% decrease in average milk prices for March 2020 compared to March 2019 (28.53ppl compared to 28.72ppl last year). This was before the impact of Coranavirus on markets fully kicked in. Monthly margins continued to look positive in March 2020, with an increase of 2% to 20.26 ppl, margins per cow  are exactly the same at £152 per cow. This is due to concentrate prices decreasing again this month, £234 per tonne for March 2020 compared to £250 per tonne in March 2019.

Daily Milk

Concentrate use was down slightly by 1% at 8.7 kg per cow per day or 0.32kg/litre compared to March 2019. Milk from forage stayed similar, with a slight  2% increase at 8.5 l/cow/day compared to March 2019, as illustrated in the graph below.

The rolling margins (MOPF) for the year ending March 2020 averaged 20.39ppl or £1,727 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 March 2020 include -

  • Average herd size decreased slightly by 1% with 202 cows in herd.
  • Yields averaged 8,468 litres per cow, a 1.3% increase on last year.
  • Milk from forage increased by 12% to 2,754 litres per cow.
  • Cell counts remained low at 164 (‘000), a slight increase on 159 (‘000).
  • Milk price decreased slightly at 28.54ppl, a slight decrease on 28.99ppl.
  • Purchased feed costs of 8.15ppl were 4.5% lower than last year, with concentrate prices averaging £238/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.