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August 2017
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Dairy Manager Latest Results

changeHerds using Kingshay dairy costings service are continuing to show an increase in average milk prices for June 2017. These were up by 29% compared to June 2016 (26.54ppl compared to 20.55ppl last year). Also monthly margins were higher, with a 35% increase in MOPF per cow in herd. Average cow numbers were up by 2% to 208 for June 2017.

Milk yields increased by 2%, to 26.2 l/cow/day compared to June 2016. The graph highlights monthly changes to daily milk yields compared to the previous year. Each month has been lower for the past year until February 2017, when the effects of a challenging grazing season last year and low milk price are reflected. Milk from forage decreased by 6% to 10.5 l/cow/day.MFF

Concentrate use increased slightly at 7 kg per cow per day. The concentrate price increased to £213 per tonne. Purchased feed costs went up by 19% to 6.17ppl.

The rolling margins (MOPF) for the year ending June 2017 averaged 17.81ppl, 9% higher than the previous year (or £1,433 per cow). This was 7.2% per cow higher than last year, due to the increases in milk incomes, even though feed costs have increased.

Other rolling trends for the year ending June 2017 include -

  • Average herd size increased by 2% to 203 cows in herd.
  • Yields averaged 8,048 litres per cow, a 1.6% decrease on last year.
  • Milk from forage decreased by 5.2% to 2,568 litres per cow.
  • Cell Counts remained the same at 162 (‘000).
  • Milk price up 7.3% to 24.94ppl.
  • Purchased feed costs at 7.13 ppl were 3.3% higher than last year, with concentrate prices averaging £209/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.