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Dairy Economics: Feeding Milk Quality, and Management 2014 ISDA Annual Meeting Jan

Dairy Economics: Feeding Milk Quality, and Management 2014 ISDA Annual Meeting January 3 rd – Waverly, Iowa. “Profit Potential”. Time To Vote for 2014. Milk prices < $20/ cwt or > $20/ cwt Corn prices <$4.25 a bushel or > $4.25a bushel

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Dairy Economics: Feeding Milk Quality, and Management 2014 ISDA Annual Meeting Jan

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  1. Dairy Economics: Feeding Milk Quality, and Management 2014 ISDA Annual Meeting January 3rd – Waverly, Iowa
  2. “Profit Potential”
  3. Time To Vote for 2014 Milk prices < $20/cwt or > $20/cwt Corn prices <$4.25 a bushel or > $4.25a bushel Soybean meal prices <$450 a ton or > $450 a ton
  4. Looking Ahead to 2014 Prices(Dec 20, 2013, CME Futures) Month Milk Corn SB Meal (cwt) (bu) (ton) Jan, 2014 $19.45 $4.30 $429 March, 2014 $18.55 $4.38 $419 May, 2014 $18.01 $4.45 $411
  5. Historical US Average Farm Price Received http://farmdoc.illinois.edu/manage/uspricehistory/us_price_history.html
  6. The 2013 Crop Year Over 1.7 million acres of alfalfa winter killed Wet spring delayed corn planting, replacing alfalfa, and cutting alfalfa Dry areas in August, and September Killing frost in mid-September in some areas Green immature corn in October
  7. Corn Production United States Crop Production (September 2013) USDA, National Agricultural Statistics Service
  8. Soybean Production United States Crop Production (September 2013) USDA, National Agricultural Statistics Service
  9. Cotton Production United States Crop Production (September 2013) USDA, National Agricultural Statistics Service
  10. Today’s Program Forage update from 2013 Feeding economics in 2014 Building your milk check Economic feed prices Management factors: Additives, grouping, heifer costs, and “free feed”
  11. Got Milk?
  12. Take Home Message #1 ForageAvailability
  13. Avoiding the Forage Cliff
  14. Forage Inventory No carry over of corn silage from 2013 Limited amounts of 1st cutting legume/grass forages
  15. Forage Quality Late planted corn silage results in grass rather than starch Delayed harvest of first crop due to wet conditions and cool weather
  16. Hay/Haylage (Rock River Lab) Nutrient 2011 2012 2013 (fresh) Protein (%) 18.8 19.4 17.9 NDF(%) 45.8 44.1 47.6 Lignin 8.5 5.9 6.29 NDFD-30 hr 43.0 40.4 38.1 TTNDFD 48.4 44.7 42.6
  17. Corn Silage (Rock River Lab) Nutrient 2011 2012 2013 (fresh) DM (%) 33.5 40.7 37.2 Protein (%) 9.0 8.1 7.8 NDF(%) 50.9 43.9 48.1 Starch 24.5 11.6 26.7
  18. Fuzzy Cottonseed Status Reduced acreage In the drought area Prices are up $50 a ton
  19. Forage Inventory Today Plan on 30 lb of DM per cow (includes 5 to 7% shrink) results in 10,950 or 5.5 tons (includes dry cows) Add 30% for replacement heifer 7 tons of forage dry matter per unit
  20. 2013 / 2014 Forage Yield DM tons /Acre Spring cereal grain (2014) Boot stage: 1 to 2 Dough stage: 3 to 4 Late planted corn silage (2013) 3 to 4 Fall cereal grain (2013) 1 to 2
  21. Using Corn Stalks Lactating cows High producing groups—1 to 2 pounds Low producing groups—2 to 5 pounds (depending on the ration) Older heifers—up to 40 to 50% of DM intake Dry cows--none Treat corn stalks with calcium oxide (quick lime)—2 to 5% Avoid soil contamination in corn stalks Variable on quality depending on harvesting method
  22. Using Straw Milk cow rations Start with 0.5 lb per cow and monitor cow response Maximum of 2 lb per cow Processing to 1 to 2 inches in length or 1/3 in each of the Penn State box (3 box unit) Add water Dry cows—up to 1/3 total DM intake (8 to 10 lb) Older heifers—up to 40 to 50% of DM intake Be aware of mycotoxin risks in straw
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