Editor’s note
The following abstract describes a publication that is only available as a downloadable PDF.

See the Missouri Dairy Budgets (XLSX) for related information.

Adauto Rocha Jr. and Ryan Milhollin
Agricultural Business and Policy

Reagan Bluel and Chloe Collins
Field Specialists in Dairy


Using this planning budget, dairy farmers may estimate their costs and returns for 2023. Table 1 presents estimates for a 150-cow confinement dairy (replacements raised on farm) in Missouri. Assumptions were based on price forecasts as of September 2023. Detailed inputs, feed requirements and investments are summarized in Tables 2, 3 and 4. The production practices used to develop these cost estimates are common for Missouri confinement dairies. Use the “Your estimate” column to plan your operation’s costs and returns for 2024.


  • Confinement dairy
  • Farm budget


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