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Dairy Manager Latest Results

Analysis of herds using Kingshay’s costing service shows average milk prices for November 2018 were similar to November 2017 (30.93ppl compGraph 1ared to 31.14ppl last year). Milk yields were up 1.56% to average 26.1 litres per cow per day, however feed costs had increased by 9% to 9.42ppl. Therefore monthly margins per litre were down 4% and margins per cow down 3%. Concentrate prices averaged £243/tonne, whereas November 2017 prices averaged £217/tonne.

Milk yields have continued to increase this winter, as shown in the graph. This graph highlights monthly changes to daily milk yields compared to the previous year. Each month was higher than the previous year until March 2018, when the effects of snow and a late grazing season are reflected. The month of July also saw grazing challenges due to a prolonged heat wave, but have improved since.

Graph 2Concentrate use was similar at 9.1kg per cow per day or 0.35kg/litre. Milk from forage has increased, 3% higher than November 2017 at 6.4 l/cow/day, reversing the recent trend as illustrated in the graph opposite.

The rolling margins (MOPF) for the year ending November 2018 averaged 20.72ppl or £1,706 per cow. This was 1.6% per cow higher than last year, due to higher milk incomes, even though feed costs (use and price) have also risen by 10%.

Other rolling trends for the year ending November 2018 include:

  • Average herd size increased by 1.5% to 202 cows in herd.
  • Yields averaged 8,233 litres per cow, a 0.7% increase on last year.
  • Milk from forage decreased by 6.4% to 2,381 litres per cow.
  • Cell Counts remained low at 161 (‘000).
  • Milk price up 3.8% to 28.87ppl.
  • Purchased feed costs at 8.15 ppl were 10% higher than last year, with concentrate prices averaging £228/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 September 2018 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