Capital efficiency, asset turnover ratio, and profitability. Assets per cow by asset turnover ratio. Florida Dairy Production Conference, May 5th Don't forget the 35th Annual Florida Dairy Production Conference on May 5th. Many dairy managers tell us that their greatest challenge is providing a consistently productive labor force to their dairy at a reasonable cost. We sought answers to two questions.
Labor costs are a major expenditure.
However, significant variation existed. Some dairies were much more labor efficient than others. We compared cows per full-time worker and milk sold per worker. Substitution of machinery and equipment for labor or vice-versa. Design of facilities for housing, feeding, milking and handling cows.