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, farmers raising dairy heifers may estimate their costs and returns for 2024. Table 1 presents estimates for dairy calves purchased at birth, bred and sold at 24 months 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 in Missouri. Use the “Your estimate” column to plan your operation’s costs and returns for 2024.


  • Dairy heifer
  • Farm budget


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