Along with how things changed from 2017, the range across selected factors for 2018 is reported in a business chart format, which reports the averages by 20 percent increments for each category summarized. With 73 farms included in this report, along with the average of all farms, the report includes preliminary data for farms less than and greater than 700 cows.
Highlighted ranges of performance from the 2nd preliminary report, for the average of all farms:
|Milk per Cow||19,823||28,247|
|?Milk Sold Per Worker Equivalent||712,321||1,607,038|
|Feed & Crop Input Expenses per Cwt.||$6.19||$8.60|
|Operating Costs to Produce Milk||$13.41||$18.01|
|Total Costs to Produce Milk||$17.49||$25.11|
|% Return on All Capital, w/o Appreciation||-6.8%||4.1%|
If you are interested in analyzing your business performance, please contact your local Cornell Cooperative Extension office to inquire about what resources are available to assist in this effort.