Net Guarantee Income Over Feed Cost for LGM-Dairy
V.E. Cabrera
NetGIOFC
LGMFeeds
Corn Price ($/bu)
SBM Price ($/ton)
Total Cost of Production
Milk produced (all cow) (lb/cow/d)
Total cost of production ($/cwt milk)
Expenses
Total Expenses
($)
Change in Accounts Payable
($)
Change in Prepaid Expenses
($)
Total Allocated Costs
($)
Total Interested Paid
($)
Wages and Benefits Paid
($)
Depreciation Claimed
($)
Other Costs
($)
Total Basic Costs
($)
Cwt Eq. Milk Produced
(cwt)
Total Cost of Production
($/cwt)
Feed Cost Production
Feed Consumption (lb/cow/d)
Feed Price ($/cwt feed)
Feed Cost ($/cow/d)
Feed Cost ($/cwt milk)
Feed Equivalent
Feed Ingredient
DM
(lb/cow/d)
Corn Eq
SBM Eq
Total feed
Total feed cost ($/cow/d)
Total feed price ($/cwt/feed)
Feed Equivalents for
LGM-Dairy Contract ((lb/cwt milk)
Corn
Equivalents
SBM
Equivalents
Target Net Guarantee IOFC
:
Dr. Victor E. Cabrera
© 2024 Dairy Management
UW-Extension, University of Wisconsin-Madison
DairyMGT
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