Data from the DPM was used to create graphs that show how 46 farms using the program from October 2012 to September 2013 changed in: pounds of components produced per head per day, pregnancy rate, feed conversion (lbs of milk per pound of dry matter),cost per pound of dry matter fed, net milk income over purchased, and total feed costs using actual and fixed milk prices. Farmers can use these graphs to compare how their farm changed over the same time frame as other farms using the program and to identify differences. Once differences are identified, a farmer should look at current operations to determine if changes need to be made to improve operating performance.
Net milk income over feed costs represents the amount of money left over to cover all other cost after feed costs, the single largest cost on dairies, has been paid. During the time frame highlighted in the graphs NMIOFC increased some in the beginning of 2013 and then tailed off some during the summer months.
Of the various measures used to track feed costs or feed program performance, Net Milk Income over Purchased Feed Costs has consistently shown the highest correlations to overall farm profitability when related to return on assets. The trend in income over feed costs likely indicates that profits from the last quarter of 2012 to the third quarter of 2013 will be flat to slightly increasing.
For more information on the Dairy Profit Monitor or for a free three-month trial, visit www.dairyprofit.cornell.edu or contact Betsey Howland, PRO-DAIRY Extension Support Specialist, at BLH37@cornell.edu
Vermont: Organic dairy conference is March 5
Talks by three nationally acclaimed scientists top the agenda of the 2014 Vermont Organic Dairy Producers Conference, March 5, at the at Vermont Technical College, Randolph Center, Vt.
The theme of the conference is “resiliency as a strategy for organic dairies to optimize and maintain soils and high quality forages”. University of Vermont (UVM) Extension's Northwest Crops and Soils Program and NOFA-Vermont's Organic Dairy and Livestock Technical Assistance program will host the day-long conference at Vermont Technical College in Randolph Center.
The $25 per person fee covers lunch and all materials. Registrations are due by Feb. 26 and will be accepted online at uvm.edu/extension/organicdairy or by mail. Checks should be made payable to University of Vermont and mailed to UVM Extension, attn: Organic Dairy Conference, 278 South Main St., Ste. 2, St. Albans, VT 05478.