Kingshay dairy costings

Updated 20 April 2026

Data is published by the the independent dairy specialists Kingshay on a monthly basis. It covers input costs, milk production and margins at a national level for conventional Holstein/Friesian herds. Other figures are also available by contacting Kingshay.

National monthly

Table 1. Kingshay Monthly Data (Current month to same month last year) including value and % change

MonthlyFeb-26Feb-25Change% change
Stock and yields Cows in herd Number 232 232 0 0.0%
Yield per cow in milk Litres/day 29.3 27.6 1.7 6.2%
Yield from forage per cow Litres/day 8.3 6.9 1.4 20.3%
% of total yield from forage % 28% 25% 3% -
Milk quality and prices Butterfat % 4.51 4.48 0.03 0.7%
Protein % 3.51 3.41 0.10 2.9%
Bactoscan 000s 26 25 1 4.0%
Cell count 000s 142 141 1 0.7%
Milk price ppl 35.21 46.03 -10.82 -23.5%
Feed Concentrate use per litre kg/litre 0.35 0.37 -0.02 -5.4%
Concentrate price per tonne £/tonne 296 308 -12 -3.9%
All purchased feed cost ppl 11.62 12.39 -0.77 -6.2%
Margins MOPF per cow in herd £/head 173 231 -58 -25.1%
MOPF per litre ppl 23.59 33.64 -10.05 -29.9%
Source: Kingshay

Figure 1. Kingshay milk yield cow day graph by month (2023/2024, 2024/2025 and 2025/2026) 

Source: Kingshay

The original Figure 1 and the data behind it can be found in the Excel download below.

Figure 2. Kingshay milk yield from forage/cow graph by month (2023/2024, 2024/2025 and 2025/2026) 

Source: Kingshay

The original Figure 2 and the data behind it can be found in the Excel download below.

National annual

Table 2. Kingshay Annual Data (Current YTD to same YTD last year) including value and % change

AnnualFeb-26Feb-25Change% change
Stock and yields Cows in herd  Head 229 233 -4 -1.7%
Yield per cow Litres/cow 8,878 8,608 270 3.1%
Yield from forage per cow Litres/cow 2,581 2,465 116 4.7%
% of total yield from forage % 29% 29% 1% -
Milk quality and prices Butterfat % 4.36 4.35 0.01 0.2%
Protein % 3.45 3.38 0.07 2.1%
Milk price ppl 42.75 42.47 0.28 0.7%
Feed Concentrate use per litre kg/litre 0.34 0.34 0.00 0.0%
Concentrate price per tonne £/tonne 300 311 -11 -3.5%
All purchased feed cost ppl 11.28 11.66 -0.38 -3.3%
Margins MOPF per cow in herd £ 2,794 2,652 142 5.4%
MOPF per litre ppl 31.47 30.81 0.66 2.1%
Source: Kingshay

Contact us

This dataset was produced by our Data and Analysis Team.

If you need further help, email Martin, Esther, Dorian or Gavin at datum@ahdb.org.uk

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