Feed costs are squeezing margins on many dairy farms.
Wayne Schoper with South Central College in Mankato, Minnesota says cost of production is a wild card.
“Feed costs per hundredweight were $9.60, so to produce a hundredweight of milk you spend $9.60 on feed. And that includes purchased feed, that includes corn silage or whatever you’re feeding. Hay, haylage, a lot of guys like to feed high-moisture corn.”
He tells Brownfield those costs will likely hover between $13 and $14 per hundredweight next year.
With premiums, Schoper says milk prices are currently around $22 per hundredweight.
Schoper made these comments during a recent Brownfield affiliate KNUJ Farm Forum program.
