Business Resources

The impetus of PRO-DAIRY was a business focus and the Managing for Success program. The Farm Business Management program area has expanded and now impacts farms across the state and includes business analysis, discussion groups and personal growth programs.

Dairy Profit Monitor

The Dairy Profit Monitor is a business management program that allows dairy producers and consultants to enter herd and financial data every month online and at their convenience. With that capability, users get an immediate report back on their business on dairy benchmarks as well as financial parameters.

Reports

cows in a dairy barn

Dairy Farm Business Summary

The objective of the DFBS is to enable producers to: analyze their financial situation; set future goals; make sound financial decisions. The DFBS also allows producers to compare their business to an average of other producers.

Trend Analyses - NYS Dairy Farms Selected Financial and Production Factors

Comparison of Selected Measures and Costs by Quartiles of Profitability (2022)
Six Year Trend Analysis 2020 (2022)
Six Year Trend Analysis 2019 (2021)

Progress of the Dairy Farm Reports

2021 Progress Report
2020 Progress of the Dairy Farm Report
2019 Progress of the Dairy Farm Report

NYS Dairy Farm Business Summary

2018 Dairy Farm Business Summary
2017 Dairy Farm Business Summary New York State
2016 Dairy Farm Business Summary New York State

Additional Reports

Hired labor on New York State Dairy Farms: Cost, Efficiency and Change from 2011 through 2020 - (2021)
Costs to produce milk in 2020: What is the range? - (2021)
Factors Associated with Variations in Earnings (2019)
Understanding Your Break-Even Cost of Production

Cost Calculators

Milk Harvest Cost Calculator

A milking parlor is a large investment on farms and the milking labor accounts for over one-third of all labor costs on farms. This calculator is designed to help farms determine the areas of the milking center that are the main drivers in milk harvest and storage costs.

Cost of Manure Application Calculator

One important aspect of the manure management system is the cost to apply manure. This template is designed to determine the cost of utilizing liquid manure systems.

Reproduction Program Cost Calculator

This template is designed to determine the costs associated with getting dairy animals checked pregnant.

calfs in the calf barn near a food trough

Dairy Replacements Evaluation Tools

Cost calculators, worksheets, and activity analysis to inform decision-making.

Worksheets

Replacement Heifer Management Evaluation Snapshot Worksheet
Excel Spreadsheet; Calculating Replacement Heifer Daily Feed Costs by Group
Excel Spreadsheet; Blank version of Heifer Enterprise Impact from Changes Evaluator
Excel Spreadsheet; Determining Replacement Heifer Labor Efficiency
Excel Spreadsheet; Financial Evaluation of Replacement Heifer Housing

Analysis Reports

Dairy Replacement Programs: Cost & Analysis Summer 2019
Dairy Replacement Programs: Costs & Analysis 3rd Quarter 2012
Dairy Replacement Programs: Costs & Analysis December 2007
Dairy Replacement Programs: Costs & Analysis Western New York, 1993

Additional Resources

Example (300 Cow Dairy) version of Heifer Enterprise Impact from Changes Evaluator
13 Question Decision "Tree" to Help Determine On-farm Raising vs. Custom vs. Purchase

Business Reporting Tools

Dupont Analysis DFBS Version

The DuPont Analysis System is a graphical picture of the relationship that operating performance and financial structures have in determining what return on assets and return on equity will be. Developed by the DuPont Corporation to aid in decision making, the model provides a way to analysis the impact different changes may have on returns. The model has been adapted to match how the majority of dairy businesses keep their records and to allow some additional analysis to occur.

LEAP — Lease Analysis Program

An Excel spreadsheet for the economic analysis of capital leases. Version 2.2 can handle different values in each year for tax rates, interest rates and the opportunity cost of capital.

FISA — A complete set of financial statements for agriculture

An Excel 5.0 file designed for calculating financial statements for agriculture consistent with the recommendations of the Farm Financial Standards Council (FFSC).

Reports and Analyses

Activity Analysis Projects

Business Management

Looking at Leases

Ag Workforce Development

Resources for Extension Educators