Dairy Cost Study
The Economics Section (Alberta Agriculture, Forestry and Rural Economic Development), in cooperation with Alberta Milk, undertakes the Dairy Cost Study. This annual program provides Alberta dairy farmers with the opportunity to get a free detailed cost of production report on their dairy enterprise.
The Dairy Cost Study aims to:
- provide good management information to farm operators, so they can make better business management decisions
- gather cost of production information at the farm level, with aggregated results of all participants included in the annual Economics of Milk Production publication
- a detailed business analysis of their dairy enterprise
- production costs and returns as an annual total, per cow, per hectoliter (hL) and per kilogram (kg) of butterfat basis
- tables and charts giving a quick snapshot of the farm’s cost breakdown
- graphs identifying the farm results compared to other participants on the study
- a report comparing farm results to the provincial benchmarks
- long-term participants receive their own 5-year benchmark report to assess the performance of their farm over time
Economics of milk production
The annual Economics of Milk Production publication provides information on the costs and returns of producing milk in Alberta. This publication compiles information from dairy farmers participating in the Dairy Cost Study. The resulting benchmarks can be used as references for farmers and those interested in the dairy industry in Alberta.
This publication provides:
- a current and continuing account of the costs and returns of milk production in Alberta
- valuable research information to Alberta milk producers
- economic information for dairy industry partners
Each year, the Economics of Milk Production is published along with supporting publications that provide breakdown of cost and returns. These publications include:
- statistical business analysis
- benchmarks of dairy cost study:
- Alberta benchmarks
- north benchmarks
- south benchmarks
- cost components per cow
- cost components per hl
- cost components per kg of butterfat
- dairy enterprise margins over time
- 5-year Alberta historical reflection
View the Economics of Milk Production and supporting publications by year.
Connect with the Economics Section:
Join the program
Sign up to be part of the program – the Dairy Cost Study is always open to new participants.
Producer information is collected in strict confidence. Only aggregated, non-identifying information is published.
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