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December 2020



Dairy Manager Latest Results

Analysis of herds using Kingshay’s dairy costings service has shown a reduced margin over purchased feed per cow (MOPF) each month since April, compared to last year, and since June it has been very similar or lower than 2018. September, however, showed an improvement with MOPF on the rise and nearly meeting 2019 figures at £134 per cow, £3 per cow less than September 2019. The graph tracks the rise and fall of MOPF per cow, showing 2018 figures were higher than both 2019 and 2020 for the last few months of the year. This rise in MOPF is mainly due to a small increase in average milk prices. September 2020 milk prices were 1% lower compared to September 2019 (28.67ppl compared to 29.09ppl last year), with the gap continuing to close.

Concentrate use and price per tonne was also lower than last year with a reduction of 4% and 3% respectively. All purchased feed costs per litre for September 2020 were 7.82 ppl compared to 8.27 ppl (down 5%) for the same period last year.

Milk from forage has levelled off at 8.4 l/cow/day, 0.1 litres lower than last month but higher than last year which was at 7.8 l/cow/day. Last year was a good year for Milk from forage. This is the first time it has been higher than last year for 4 months, as illustrated by the graph.

Other rolling trends for the year ending September 2020 include -

  • Average herd size decreased by 3 cows (down 1.5%) to 199 cows in herd.
  • Yields averaged 8,443 litres per cow, with a marginal reduction on last year of 0.1%
  • Milk from forage increased by 3.6% to 2,769 litres per cow.
  • Cell counts remained low at 162 (‘000), a slight increase on 161 (‘000).
  • Milk price was lower at 28.13ppl, a slight decrease on 29.13ppl.
  • Purchased feed costs of 8.09ppl were 3.9% lower than last year, with annual concentrate prices averaging £237/tonne compared to £244/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.