Dairy (Grazing) Planning Budget

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

See the Missouri Dairy Budgets (downloadable Excel workbook) for related information.

Joe Horner and Ryan Milhollin
Agricultural Business State Specialists


Using this planning budget, dairy farmers may estimate their costs and returns for 2023. Table 1 presents estimates for a 150-cow rotational grazing dairy (replacements raised on farm) in Missouri. Assumptions were based on price forecasts as of September 2022. 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 grazing dairies. Use the “Your estimate” column to plan your operation’s costs and returns for 2023.


  • Grazing dairy
  • Farm budget


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