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April 2021



Dairy Manager Latest Results

Average monthly margins continued to be strong in January 2021 for herds using Kingshay’s dairy costings service. The Margin over purchased feed (MOPF) per cow starts the year at a similar level to 2018 at £156 per cow, up 6% from the same time last year. Milk prices were up 3% from January 2020 at 29.22ppl which helped contribute to the rise in MOPF, along with a 4% rise in yield from forage to 9 litres/cow/day for January 2021 (compared to 7.7 litres/cow/day in Jan 2020). A small increase in purchased feed costs/litre of 0.13p doesn’t appear to have made much of a difference compared to last year. Concentrate prices averaged £246 per tonne in January 2021 for Kingshay’s dairy costed herds.

Butterfat levels have continued to rise throughout 2020 since May in trend with the last 3 years and they haven’t stopped for January 2021. The average level was recorded at 4.35% compared to January last year at 4.24%. The chart demonstrates the trend in butterfats for the last 3 years.  There was no change in protein % compared to last year with both months recording 3.36% protein.

Milk yield per cow continues to rise month on month (28 litres/cow/day compared to 27.4 litres/cow/day in December 2020).

Other rolling trends for the year ending January 2021 include -

  • Average herd size decrease by 2 cows (down 1%) to 206 cows in herd.
  • Yields averaged 8,561 litres per cow, with no change on last year.
  • Milk from forage increased by 3.1% to 2,809 litres per cow.
  • Cell counts remained low at 162 (‘000), similar to the previous year.
  • Milk price decreased to 28.28ppl from 28.64ppl, a decrease of 1.3%
  • Purchased feed costs of 8.24ppl were very similar to last year, with annual concentrate prices averaging £240/tonne compared to £241/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.