1 November 1996

Record margins

IMPROVEMENTS in dairy margins are slowing down, according to latest figures from Genus.

Margin over purchased feed (MOPF) for the 12 months to September reached a record £1352 a cow for Milkminder herds – up £100 on last year.

But product manager Mark Woodall notes that the first £50 of this increase was achieved in just three months, while the next £50 took another nine months.

Of the £100 improvement, £63 was the result of a stronger milk price (in part, due to higher protein content) with the other £37 put down to technical improvements.n