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Home » income over feed cost (IOFC)

Articles Tagged with ''income over feed cost (IOFC)''

Breaking down the year-end review: 3 areas to focus on

As you reflect on the past year, consider focusing on your calf and heifer and transition cow programs, as well as areas of improvement in your lactating herd.
November 14, 2024
Donna Benschop

As the year draws to a close, it is the ideal time to take a step back and look at each part of your operation and make a note of areas where progress has been made (and celebrate it!) and identify areas of opportunity.


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Challenges, opportunities and the future of AI in dairy nutrition

Thought leaders Chad Jenkins and John Goeser discuss challenges, potential and the outlook of AI in dairy nutrition.
November 1, 2024
Erica Louder

At the intersection of tradition and innovation lies the future of dairy farming, which is increasingly intertwined with artificial intelligence (AI) capabilities. AI has emerged as a transformative force as the industry responds to marketplace pressures and technological advancements. While integrating AI in dairy practices presents challenges, it also offers significant opportunities.


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Who's taking up parlor space?

Evaluating cow value from a parlor perspective can improve your bottom line.
January 26, 2024
Derek Nolan

Economic culling decisions can be very complex and challenging to make. Ensuring every cow that passes through the milking system holds value will help lead to increased farm profitability.


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Dairy risk management calendar: December 2023

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.
November 27, 2023
Dave Natzke

The Dairy Margin Coverage (DMC) program has been extended into 2024. Watch for enrollment details.


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Cow longevity is a key to dairy profitability

A look at longevity shows a potential for added profitability.
November 17, 2023
Matt Groen

Looking at return over feed numbers is an excellent way to get a quick snapshot of how a dairy farm is performing from a production and cost standpoint, however it doesn’t account for and is not impacted by duration of cows in the herd.


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Dairy risk management calendar: November 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
October 24, 2023
Dave Natzke

Without a 2023 Farm Bill or temporary extension of the 2018 Farm Bill, the Dairy Margin Coverage (DMC) program expires at the end of the calendar year.


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KPI alphabet soup: Defining acronyms of high-performance dairies

Four KPIs that have considerable impact on dairy productivity and profitability are income over feed cost, dollars per pound of dry matter, energy-corrected milk efficiency and money-corrected milk.
October 23, 2023
Chad Jenkins and Mark Hodge

Interpreting dairy key performance indicators (KPIs) have you feeling like eating an alphabet soup sandwich? While there are hundreds of ways to slice and dice dairy metrics, this article will define and explore several KPIs that have a substantial impact on dairy productivity and profitability.


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Dairy risk management calendar: September 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
August 28, 2023
Dave Natzke

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.


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Dairy risk management calendar: August 2023

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
July 22, 2023
Dave Natzke

Here’s an update on risk management tools available through the USDA and/or USDA’s Risk Management Agency (RMA), as well as other information impacting your milk check.


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Goal-driven management takes dairies to the next level

Using measurable benchmarks; maintaining a goal-driven management culture; and identifying a set of key advisers and employees to regularly review cow health, production and forage metrics are three steps dairies can take to improve financial performance.
June 16, 2023
Scott Earnest

To capture the full potential of genetics, facilities, feed and precision technology, dairies need to establish and maintain a strong culture of goal-driven management and human accountability.


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