income over feed costs

Are the Most Efficient Herds the Most Profitable?


As the dairy industry continues to consolidate, there is growing pressure on individual farms to increase profitability, find marginal returns, and improve management. In the process of fine tuning diets, many nutritionists rely on efficiency calculations to make decisions. While these calculations are useful, they do not consider two important economic concepts: marginal returns and the law of diminishing returns.

Tags: income over feed costs