2020 Northeast Dairy Farm Summary

Page 36

Figure 16

Farm Size and Profitability 99 Cows or Fewer Average Number of Cows

100-299 Cows

300-699 Cows

700 Cows or more

62

178

476

1,690

21,108

23,216

25,986

26,236

Milk Sold Per Worker (lbs.)

553,502

1,074,996

1,378,399

1,473,879

Net Cost of Production per Cwt.

$ 20.12

$ 18.83

$ 18.29

$ 16.46

Milk Price per Cwt.

$ 17.19

$ 18.00

$ 17.89

$ 18.66

Assets per Cow

$22,234

$16,599

$14,170

$ 11,774

Asset Turnover

0.21

0.33

0.43

0.52

Percentage Net Worth

76%

75%

70%

67%

353

$ 440

3.1%

4.3%

Milk Sold Per Cow (lbs.)

Net Earnings per Cow Return on Assets %

28 | 2 0 2 0 | N O R T H E A S T

$

-38 0.7%

D a i ry Fa rm Su m m a ry

$

$

787 7.9%


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