New Dairy Farm Tech v1.2 poster now available
Plus, infrared eye camera shows promise to replace rectal temp checking
Earlier this year The Cow Tech Report and Progressive Dairy along with the IFCN Dairy Network launched the first-ever Dairy Farm Tech poster – a visualization of companies working with cow tech. This week an updated poster (v1.2) is available.
Welcome to the following companies that have been added:
Company // Size (Small, medium, large)
Accu-Trim // Medium
Addiseo // Large
Amelicor // Large
Athian // Small
Axiota // Medium
Balchem // Large
Bankbarn // Small
Dairy Performance Network // Medium
Hoko Farm Group // Medium
Levno // Medium
Mimiro // Medium
Nano Discovery // Small
Protekta // Medium
Rock River Laborabory // Large
Rumin8 // Small
TurboCow // Small
Uniform Agri // Large
Urban Milk Feeders // Large
If you would like a high-res PDF of the new poster, email cowtechreport@gmail.com. If you know of a company that has been left off, please let me know.
Progressive Dairy Podcast (Sponsor)
The Progressive Dairy Podcast is published every other week and frequently includes guests who discuss technology. Click here to subscribe on your favorite channel.
Infrared eye camera shows promise to replace rectal temp checking
Researchers are testing an infrared camera that can accurately test a cow’s temperature within 20-30 seconds – through her eyes. Currently the gold standard for cow temperature monitoring is rectal temperature measurement. Read more here.
Starts ups are ‘dying in droves’ in ‘mass extinction event’
The Wall Street Journal recently discussed how venture capital drying up is having an impact on startups. In my opinion, this reporting doesn’t directly translate to ag startups. As one cow tech entrepreneur told me, the funding for ‘building rockets and missions to Mars’ is what is drying up. Still, the more dependent a cow tech startup is on venture capital, the harder things are going to get. A panel of startups at the Precision Dairy Conference last week said the “easy money” for cow techs stopped a long time ago. They reported the easy venture capitalists figured out some time ago that ag wasn’t a place to expect 10Xing one’s money. Tech in ag returns on a much slower timeframe than other startup ventures, and ag tech founders often still have to explain this reality to investors.
Wall Street Journal features virtual cow fencing
Read a visual story of how one rancher in Kansas is trying out virtual fencing.
Dairy profit projections from ZISK
Projected profitability for the next 12 months for two dairy herd sizes HAVE TURNED NEGATIVE for some large-herd dairies in recent profit projections from ZISK.
ZISK is a profit-projection smartphone app that tracks individual dairy farm profitability based on current CME board prices. Projections for a 1,000-cow dairy producing an average of 80 pounds of milk per cow and a 2,500-cow dairy producing an average of 85 pounds of milk per cow are provided.
12-month dairy farm profit projections (as of June 27, 2023):
1,000-cow dairy = -$80,000 (DOWN about $296,100 since the beginning of June)
2,500-cow dairy = $477,000 (DOWN about $773,000 since the beginning of June)