Alberta Agriculture and Forestry compiles precipitation information and completes the Economics of Milk Production, or the Dairy Cost Study, annually.
According to their website, the Cost Study’s objectives are to:
- To provide an annual account of the costs and returns of milk production in Alberta,
- To provide the participating dairy farmers with a personalized business analysis for use in making profitable management decisions,
- To provide a benchmark for the evaluation of milk pricing, and
- To provide economic information for farm management, extension education and service providers.
We invite you to have a closer look at the details of the study and potentially reflect on previous editions online dating back to 2009.