A dairy consultant suggests “income over feed cost” is the first margin dairy farmers should look at with $6 corn.
Tim Swenson with Compeer Financial tells Brownfield feed inputs are cutting into profitability.
“We definitely need to make sure that feed is at the center of our radar, we need to keep looking at opportunities to incorporate other feedstuffs into our rations.”
But as dairy farmers consider ways to help minimize overall feed costs, he says it’s important to not give up any milk.