The Dairy Edge

On this week’s episode of The Dairy Edge, Dairy Specialist Patrick Gowing joins Emma-Louise Coffey with an insight into projected costs of production in 2022 and strategies to maintain profitability.

Patrick explains that costs of production are expected to be in excess of €1,500, increasing from €1,311 in 2020, with fertiliser and concentrate accounting for 40% of total costs.

Patrick recommends that dairy farmers calculate break-even milk production to cover costs; the formula= total cost of production / milk price (per kg milk solids). For mature cows with milk solids below the break-even production are a cost to the system.

For more information:
https://www.youtube.com/watch?v=xnigxe1EWLE

For more episodes from the Dairy Edge podcast go to the show page at:
https://www.teagasc.ie/animals/dairy/the-dairy-edge-podcast/

The Dairy Edge is a co-production with LastCastMedia.com

What is The Dairy Edge?

The Dairy Edge is Teagasc’s dairy podcast for farmers with the latest information, insights and opinion to improve your dairy farm performance.

Visit the show page at: https://www.teagasc.ie/animals/dairy/the-dairy-edge-podcast/