Milking cluster close-up© Tim Scrivener
The 215-cow model dairy business was budgeted to make a £20,000 trading loss in the year to 31 March 2017, but in fact ended the year with a slightly smaller loss, at £15,739. The outlook for the current year is much better and is budgeted to result in a profit of almost £72,000. However, as on most dairy farms, there is a lot of ground to make up after the milk price drop of 2015-16 and cashflow management is tricky. […]