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February 2020
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Dairy Manager Latest Results

The latest results from Kingshay’s dairy costed herds continue to show a 4% decrease in average milk prices for December 2019 compared to December 2018 (29.2ppl compared to 30.4ppl last year). This has contributed to the monthly margins decreasing by 2% to 20.54 ppl and margins per cow down 5% to £144 per cow. However, concentrate prices have decreased again this month, £232 per tonne for December 2019 compared to £249 per tonne in December 2018.

Milk yields were again similar in December 2019 at 26.3 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 December showing more of a decrease in yield compared to the same month of the previous year.

dm graph

Concentrate use was similar at 9 kg per cow per day or 0.34kg/litre compared to December 2018. Milk from forage was slightly higher, by 7% at 7.2 l/cow/day compared to December 2018, as illustrated in the graph below.

forage graph

The rolling margins (MOPF) for the year ending December 2019 averaged 20.37ppl or £1,727 per cow. These were similar to last year, due to a decrease in feed costs, although with a slightly lower milk prices.

Other rolling trends for the year ending December 2019 include -

  • Average herd size decreased by 1% to 202 cows in herd.
  • Yields averaged 8,477 litres per cow, a 2.1% increase on last year.
  • Milk from forage increased by 14.5% to 2,730 litres per cow.
  • Cell counts remained low at 163 (‘000), a slight increase on 161(‘000).
  • Milk price decreased slightly at 28.62ppl, a slight decrease on 29.01ppl.
  • Purchased feed costs of 8.25ppl were 1.2% lower than last year, with concentrate prices averaging £241/tonne compared to £233/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 2019 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