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October 2019
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Dairy Manager Latest Results

Analysis of herds using Kingshay’s dairy costings service shows a slight decrease in average milk prices for August 2019 compared to August 2018 (28.23ppl compared to 29.17ppl last year). This has resulted in the monthly margins decreasing slightly by 2% to 20.65 ppl and margins per cow down 1% to £134 per cow. Concentrate prices are still rising in price this month, £236 per tonne for August 2019 compared to £234 per tonne in August 2018. Graph 1

Milk yields increased by 1% in August 2019 to 25.4 l/cow/day compared to August 2018. 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 September 2018, although as the graph shows, August milk yield compared to July is a lower increase.

Concentrate use was similar at 7.7 kg per cow per day or 0.30kg/litre compared to August 2018. Milk from forage was considerably higher by 16% at 8.9 l/cow/day compared to August 2018, as illustrated in the graph below.Graph 2

The rolling margins (MOPF) for the year ending August 2019 averaged 20.69ppl or £1,742 per cow. These were similar to last year, due to an increase in feed costs, despite higher milk prices.

Other rolling trends for the year ending August 2019 include -

  • Average herd size stayed the same at 201 cows in herd.
  • Yields averaged 8,420 litres per cow, a 2.6% increase on last year.
  • Milk from forage increased by 9.8% to 2,634 litres per cow.
  • Cell counts remained low at 161 (‘000), a slight increase on 158 (‘000).
  • Milk price up slightly to 29.12ppl.
  • Purchased feed costs of 8.43ppl were 6.4% higher than last year, with concentrate prices averaging £244/tonne compared to £223/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