No news is NOT good news
News in the cow tech space has been slim the last few weeks. Besides some original reporting pieces that I’m still working on for paid subscribers, there hasn’t been much of anything in other farm media about cow tech.
Are we headed into a summer lull? Or is the slowing economy and a credit crunch starting to limit some sectors, including technology for cows? I hope it’s just the former, not the latter.
Last summer wasn’t this calm. This one has me worried. (Milk and feed prices aren’t doing much to help either. See report below.)
If you’re a fan of technology, now is the time to rally around those cow tech companies that are surviving. They will need your support and encouragement in the coming months.
I hope by the next time a newsletter is due there is more to this report.
GIVE ME YOUR THOUGHTS: What do you think is driving the lull? Or are you seeing signals that would indicate otherwise? I invite you to leave a comment in the discussion below.
Dairy profit projections from ZISK
Projected profitability for the next 12-month for two dairy herd sizes HAVE DECREASED 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 1, 2023):
1,000-cow dairy = $216,100 (DOWN about $99,400 since the middle of May)
2,500-cow dairy = $1.25 million (DOWN about $272,000 since the middle of May)