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May 2021



Dairy Manager Latest Results

The average monthly milk price of herds using Kingshay’s dairy costings service was still 3% higher than February 2020, up 0.77p per litre at 29.27ppl, despite the slight fall in milk price since December 2020. Although milk prices were higher, concentrate price per tonne was also 5% higher in comparison to February 2020. Whilst the increases were both similar and concentrate use per cow per day is 0.3kg higher, margin over purchased feed per litre is still marginly higher in February 2021 at 20.32ppl compared to 19.58ppl.

Total concentrate use tonnes and concentrate use per litre, are similar for both February 2020 and February 2021. However, concentrate use per cow per day was 0.3kg higher in Februrary 2021; perhaps due to the 1% increase in milk yield per cow. Whilst generally speaking figures are much brighter in February 2021 compared to the previous year, in comparison to January 2021, milk production was similar at 28 litres per cow, all purchased feed cost per litre was up 3% and as a result, margin over purchased feed per litre was 22 pence per litre lower.

Other rolling trends for the year ending February 2021 include -

  • Average herd size increase by 4 cows to 206 cows in herd.
  • Yields averaged 8,537 litres per cow, similar to last year.
  • Milk from forage decreased by 71 litres per cow.
  • Cell counts remained low at 162 (‘000), the same as the previous year.
  • Milk price decreased to 28.42ppl from 28.65ppl, a decrease of 0.8%
  • Purchased feed costs of 8.25ppl were very similar to last year, with annual concentrate prices averaging £242/tonne compared to £239/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.