Dairy Farm Business Summary Progress Report Released by Cornell PRO-DAIRY

Katelyn Walley, Business Management Specialist and Team Leader
Southwest New York Dairy, Livestock and Field Crops Program

August 6, 2020

The fourth and final progress report of the Dairy Farm Business Summary has been released for 2019. As dairy businesses across the state continue to analyze their financial and business performance utilizing the Dairy Farm Business Summary and Analysis Program, updated progress of the farm reports are provided to review the changes that have occurred from 2018 to 2019. With 147 farms participating in the DFBS for two years, from 2018 to 2019 the average farm herd size increased 6 percent and milk sold increased 7 percent. Worker equivalents also increased 2 percent leading to an increase of milk sold per worker of 5 percent from 2018 to 2019. Hired labor costs per worker equivalent increased 5 percent, but hired labor costs per cwt remained unchanged as milk sold per worker increased. Net milk price increased 14 percent leading to a net milk income over purchased grain and concentrate per cow increase of 24 percent. Debt coverage ratio increased 86 percent leading to a decrease in farm debt per cow of 5 percent. If you are interested in participating in the Dairy Farm Business Summary Program contact Katelyn by calling 716-640-0522. 




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Upcoming Events

2024 Aurora Farm Field Day

Event Offers DEC Credits

August 1, 2024
Aurora, NY

The annual Cornell Field Crop Research Field Day will be Thursday, August 1 at the Musgrave Research Farm, Aurora, N.Y. The program features walking and hay wagon tours in the morning and afternoon. 

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2024 Broiler Field Day at Laughing Earth Farm

August 19, 2024 : 2024 Broiler Field Day at Laughing Earth Farm
Cropseyville, NY

Join us for a free field day to explore broiler production, processing, and finances. Zack and Annie Metzger will be our hosts. They have run this 200 year-old small diversified farm for 8 years. They process their poultry in a 20C kitchen, where they produce value-added products like sausage and dehydrated chicken feet.

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2024 Broiler Field Day at Majestic Farm

August 20, 2024 : 2024 Broiler Field Day at Majestic Farm
Mountaindale, NY

Join us for a free field day to explore broiler production, processing, and finances. Brett and Sara Budde will be our hosts. They raise slow-growth organic broilers on their diversified farm in large flocks on woodland pasture. Their birds are processed into whole birds, parts, and chicken sausage.

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