The U.S. dairy industry is trying to figure out where it is going and how it will look in the future. There is considerable discussion about the size of farms, the cost of production and whether or how much to invest in the future.
Many producers look to the future with uncertainty.
Seeing what our competitors are thinking and doing may provide food for thought. For those not familiar with metric measure or the exchange rates between the New Zealand dollar and the U.S. dollar, here is how this translates. The 80 hectares is about 200 acres and the 2,260,000 New Zealand dollars equal about 971,800 U.S. dollars. The farm in the report is carrying 270 cows on a grass-based feeding system. The New Zealanders are paid based on kilograms of milk solids sold.