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
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.
Upcoming Events
WEBINAR - Automated Milking Systems Efficiency: Balancing Focus on Individual Cows and System Optimization
May 8, 2024
Please join Cornell the SWNY team and MSU Extension for our talk with Dr. Pablo Silva BoloƱa on improving efficiency of Automated milking systems by focusing on milking settings for individual and group success.
Broiler Field Day at Sunny Cove Farm
June 6, 2024
Alfred Station, NY
Join us for a field day to explore broiler production, processing, and finances. Meghan Snyder of Sunny Cove Farm will be our host. She raises small batches of organic broilers, processing them on-farm under the 1,000 bird exemption.
Cornell Seed Growers Field Day
July 2, 2024
Ithaca, NY
Please Save the Date for the Cornell Seed Growers Field Day to be held the morning of July 2nd. The event will be held at the NYSIP Foundation Seed Barn, 791 Dryden Rd., Rt. 366, Ithaca, NY.
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