Do You Know Your Costs to Grow Feed? | Dairy Herd
“Feed costs typically are the largest expense on a dairy operation and managing those costs contribute to a dairy’s ability to be profitable. These costs include purchased feed, but also the true costs to produce crops raised on the farm. Home-raised feeds vary in type, quality, and quantity, but more importantly, the cost to produce a given feedstuff is unique to each individual operation. Many farm businesses overlook planning and tracking the costs associated with home-raised feeds despite the integral relationship with profitability.”
If you need help calculating or adjusting your feed costs, we offer custom and unbiased consulting and hands-on support, contact us for more information.
Be sure to check out the recent article by Dairy Herd’s Robert Goodling and this additional resource from PennState Extension for calculating crop costs.