Editor’s note: This is the second in a series of Dairy Financial Driver Profitability Quick Tips. Information is based on work by Zoetis and Compeer Financial to analyze 11 years of herd data from 489 year-end financial and production-record summaries to identify key drivers of net farm income.
- Calve in the right heifers for your dairy. — First-lactation animals typically make 15% less milk than second-lactation animals. Therefore, it’s important to manage and monitor heifer inventories closely with the goal of balancing your heifer and adult cow population. Having the right number of heifers with genetics that achieve your herd goals will allow you to minimize replacement costs while avoiding milk production gaps. Genomic testing with CLARIFIDE® Plus can help identify heifers that will live longer in your herd.
Zoetis (NYSE: ZTS) is the leading animal health company, dedicated to supporting its customers and their businesses. Building on more than 60 years of experience in animal health, Zoetis discovers, develops, manufactures and markets veterinary vaccines and medicines, complemented by diagnostic products, genetic tests, biodevices and a range of services. Zoetis serves veterinarians, livestock producers and people who raise and care for farm and companion animals with sales of its products in more than 100 countries. In 2017, the company generated annual revenue of $5.3 billion with approximately 9,000 employees. For more information, visit zoetisUS.com.