Milk price: what your buyer pays per litre
Milk price is what a dairy buyer pays for each litre or kilogram you deliver. Your contract, a base price adjusted for fat and protein, or a regional tariff sets the payment. Milk sales usually provide the largest share of income in a dairy budget.
How do you work out payment for a milk delivery?
For example, your farm delivers 4,000 litres in a month and receives a base price plus a protein bonus. Multiply the litres by the final price paid per litre to work out milk income. You can then compare that income with feed cost per litre.
Questions from the farm
Should I use the estimated milk price or the price paid?
Use the milk price actually paid, so your monthly margin reflects the income you received.
How HerdMobile helps
Bring your animals, feed stocks and farm accounts together on your Android phone. HerdMobile keeps your daily work moving offline: record events, compare feed quantities and follow sales and payments in one place. Use your own feeds and herd information to prepare a ration, then keep a backup file under your control.
HerdMobile helps you keep track of milk sales, so you can compare monthly income with costs using the price you actually received. Note the price for each delivery or payment period, along with the fat and protein results, to make each payment easier to check.
