Tabellab
Industry Finance Intermediate

Dairy Farm Economics: Milk Yield, Feed Cost per Litre & Herd Replacement

Read the herd structure, chart a lactation curve, price milk by fat and protein, cost the ration per litre, track income over feed cost, value heifer rearing, cull cows and calves, and find the cost of production and break-even milk price: 8 graded labs on a fictional family dairy farm.

8 lessons 8 labs 1.9 h Certificate

The first lesson is free โ€” no account needed.

About this course

A dairy farm economics course that works through a year on one fictional family dairy farm, Hollowbrook Dairy, in a spreadsheet, for dairy farmers, farm advisers, agricultural students and agri-bankers. You split the herd into its groups and check the milking cow share against lactation length and calving interval, turn test-day yields into a 305-day lactation and chart the lactation curve, price milk from its fat and protein components, cost the ration ingredient by ingredient and per litre of milk, track income over feed cost per cow per day and flag the months below target, cost a heifer from birth to first calving and measure the replacement rate, value cull cow and calf sales, and find the cost of production per litre and the break-even milk price, with a chart of the cost structure. Illustrative prices and yields. The first lab is free.

Lessons

  1. Herd Structure & the Milking Cow ShareLab12 minFree
  2. Milk Yield per Cow & the Lactation Curve (Chart)Lab14 min Pro
  3. Milk Price from Fat & Protein ComponentsLab15 min Pro
  4. Feed Cost per Cow per Day & per LitreLab13 min Pro
  5. Income Over Feed Cost (IOFC) & a Target CheckLab14 min Pro
  6. Herd Replacement Rate & Heifer Rearing CostLab14 min Pro
  7. Cull Cow & Calf RevenueLab13 min Pro
  8. Cost of Production per Litre & Break-even Milk Price (Chart)Lab16 min Pro