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February 2018
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Dairy Manager Latest Results

mopfAnalysis of herds using the Kingshay dairy costings service continue to show  increases in average milk price into November 2017. Overall these were up by 25% compared to November 2016 (31.14ppl compared to 24.83ppl last year). As a result, monthly margins for November were substantially higher with a 42% increase to £151 per cow or 22.57 ppl.

Feed use increased by 5% to 9 kg/cow/day in November compared to the same time last year while milk yields were up by 6% to 25.7 l/cow/day reflecting the higher overall yields being achieved this year. There was also an increase in concentrate prices of 5% to £217 per tonne compared to November 16 resulting in an overall rise of 6% in purchased feed costs to 8.57ppl.

mffMilk from forage figures for November 2017 were 6.2 litres per cow per day, 9% higher compared to the 5.7 litres achieved in November 2016.

Rolling average milk price increased by 5.25ppl to 27.66ppl. With milk constituent and hygiene levels being almost identical year on year, the milk price increase has been driven entirely by the prices paid by suppliers rather than any changes in milk quality. The rolling margins (MOPF) per litre for the year ending November 2017 averaged 20.27ppl, 30% higher than the previous year’s figure of 15.59ppl with a differential of 4.68ppl.

Other rolling trends for the year ending November 2017 include -

  • Average herd size increased by 2% to 202 cows in herd.
  • Yields averaged 8,117 litres per cow, a 1.6% increase on last year.
  • Milk from forage decreased by 2% to 2,541 litres per cow.
  • Cell Counts decreased by 3.6% at 159 (‘000).
  • Milk price up 23.4% to 27.66ppl.
  • Purchased feed costs at 7.39ppl were 8.4% higher than last year with concentrate prices averaging £215/tonne.

Download the full results

 

Analyse your Profit Manager results for the year ending March 2017 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.

More in depth analysis of herds using Kingshay’s costings service can be found in Kingshay’s Dairy Costings Focus Report. Click here for more details.