Analysis of herds using Kingshay’s dairy costings service show milk prices for September 2023 are similar to the previous month averaging 36.85ppl compared to 36.53ppl in August 2023. Milk prices are now 25% lower compared to the same month of the previous year. Concentrate prices per tonne for September 2023 have decreased by 5% compared to the same month last year, to £338/tonne. Total concentrate use stayed the same at 0.34 kg/litre in September 2023, however all purchased feed cost/litre decreased by 4% to 12.53ppl.
Overall, the margin over purchased feed per cow was 34% lower in September 2023 at £158/cow compared to £239/cow in September 2022, a further drop from the previous month where it was lower in August 2023 at £163/cow compared to £230/cow in August 2022.
Yield per cow decreased slightly by 2% to 25.8 litres per cow/day compared to the same month last year.
Other rolling trends for the year ending September 2023 include -
- Average herd size decreased by 2.7% to 216 cows in herd.
- Yields averaged 8,453 litres per cow, similar to last year.
- Milk from forage decreased by 1.1% to 2,711 litres per cow.
- Cell counts remained low at 160 (‘000).
- Milk price increased to 43.78ppl from 39.14ppl the previous year, a rise of 11.9%
- Purchased feed costs of 12.78ppl were higher compared to last year with a rise of 19.1%, with annual concentrate prices averaging £364/tonne compared to £310/tonne the previous year.
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 2023 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.