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Dairy Manager Latest Results

A dry, cool March saw the average monthly milk price of herds, using Kingshay’s dairy costings service, still 2% higher than March 2020, up 0.60p per litre at 29.22ppl, a slight fall of 0.06ppl from February. Although milk prices were higher, concentrate price per tonne was also slightly higher with a 2% rise in comparison to March 2020. Whilst the increases were both similar, the concentrate use per cow per day was 4% lower at 8.6kg/cow/day. Overall, the margin over purchased feed per litre was 5% higher in March 2021 at 21.26ppl compared to 20.22ppl last year.

Total concentrate use tonnes and concentrate use per litre, are both down 6% on March 2020, resulting in a 5% reduction in purchased feed costs to 7.96 pence/litre; perhaps due to the dry weather. Compared to last year, margin over purchased feed per cow was £10 per cow higher at £165 per cow.

Whilst generally speaking the figures were much brighter in March 2021 compared to the previous year. In comparison to February 2021, milk production was similar at 28.1 litres per cow, all purchased feed cost per litre was down 5% and as a result.

April came with the lowest average minimum temperatures for April since 1922, with plenty of sun which saw the average monthly milk price of herds (using Kingshay’s dairy costings service) 6% higher than April 2020, up 1.6p per litre at 29.06ppl. Although milk prices were higher, concentrate price per tonne was also  higher with a 6% rise in comparison to April 2020. Whilst the increases were both similar, the concentrate use per cow per day was 5% higher at 8.4kg/cow/day, 0.2kg less than March. Overall, the margin over purchased feed per litre was 5% higher in April 2021 at 20.93ppl compared to 19.99ppl last year, however this was 0.33ppl down on March 2021.

Total concentrate use tonnes and concentrate use per litre, are both up on April 2020, resulting in a 9% increase in purchased feed costs to 8.13 ppl. Compared to last year, margin over purchased feed per cow was £11 per cow higher at £160 per cow, this was £5 down on March 2021.

In comparison to March 2021, milk production was similar at 28.3 litres per cow, all purchased feed cost per litre was up 9%.

Other rolling trends for the year ending April 2021 include -

  • Average herd size decreased by 2 cows to 204 cows in herd.
  • Yields averaged 8,522 litres per cow, 0.6% increase on last year.
  • Milk from forage increased by 94 litres per cow to average 2,866 litres per cow.
  • Cell counts remained low at 162 (‘000), similar to the previous year.
  • Milk price increased to 28.63ppl from 28.51ppl, a raise of 0.4%
  • Purchased feed costs of 8.31ppl were higher compared to last year with a rise of 3.1%, with annual concentrate prices averaging £245/tonne compared to £236/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 2021 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.