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February 2023



Dairy Manager Latest Results

The latest analysis of herds using Kingshay’s dairy costings service are show that although milk prices for November 2022 were 54% higher compared to the same month of the previous year at 50.55ppl, they are starting to level. Whilst milk prices were higher, concentrate prices per tonne also continued to increase by 35% to £377/tonne compared to November 2021. Total concentrate use was similar at 0.35 kg/litre in November 2022, however all purchased feed cost/litre rose by 36% to 14.64ppl.

Overall, the margin over purchased feed per cow was 66% higher in November 2022 at £251/cow, compared to £151/cow last year. Although this needs to cover other costs that have also risen significantly and will continue to do so, such as fuel, fertiliser and electricity costs.

Yield per cow increased slightly by 3% at 26.8 litres per cow/day compared to the same month last year.

Other rolling trends for the year ending November 2022 include -

  • Average herd size increased by 1.4% to 216 cows in herd.
  • Yields averaged 8,438 litres per cow, a 1.6% decrease on last year.
  • Milk from forage decreased by 137 litres per cow to average 2,749 litres per cow.
  • Cell counts remained low at 159 (‘000).
  • Milk price increased to 41.25ppl from 30.18ppl, a rise of 36.7%
  • Purchased feed costs of 11.12ppl were higher compared to last year with a rise of 25.4%, with annual concentrate prices averaging £322/tonne compared to £262/tonne the previous year.

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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 2022 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.