A recent analysis of Illinois dairy farms finds even though milk prices increased by nearly 14 percent in 2019, the economic cost to produce milk was below prices received.
“The milk price in Illinois was $18.72 which was still below our total economic cost of $21.34 and that’s labor, feed, and all the other non-feed costs.”
Bradley Zwilling with the Illinois Farm Business Farm Management (FBFM) Association tells Brownfield broken down further, their annual member survey found farms were losing more than $600 per cow for producing milk.
