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.