The Teagasc National Liquid Milk conference and farm tour took place on 30th October and Niall Heerey and Andrew Carolan from Ulster Banks Region East Agri Team were in attendance.
There were a number of interesting topics discussed:
Dr Joe Patton, Teagasc liquid milk specialist said that after examining the data from over 150 liquid milk herds, it shows that liquid milk producers who achieve high milk solids content are driving up their profit. He said that milk yield per cow is a poor predictor of net margin.
Dr Padraig O’Kiely, Teagasc , spoke about making high quality grass silage. He said;”Silage quality is determined mainly by its digestibility, preservation and stability at feedout. There are guidelines for consistently producing high quality silage that are working and being implemented on farms. Crucial to successfully fulfilling these guidelines is having an appropriate silage production and feeding plan in place.”
There were also some interesting points raised re farm finance. Farmers need to understand and control their cost base as this will aid better cashflow management thus insulating farmers during challenging times and allowing them to take advantage of opportunities that may arise.