Key Performance Indicators

Published 30 July 18

To help improve farmers' competitiveness, we have created a clear set of measures and targets so they can benchmark their performance and identify areas for improvement.

The measures are broken down into two areas:

  • Enterprise key performance indicators which highlight the five key areas for both all year round (AYR) and block calving systems which are crucial to delivering the financial performance required
  • Three key business measures that every business should know, understand and benchmark their performance against.

The measures can be found in the tables below and show what good, average and poor operators are currently achieving using industry data from the top and bottom 25% and average performers.

Farmers can also access an online calculator to enter their own figures and see how they perform and highlight focus areas.

Definitions for each of the KPIs can be found in the menu on the left.

KPI Current Industry Performance:

Enterprise KPIs

BLOCK CALVING SYSTEMS 

Key Performance Indicators

Good performance

Average performance

Poor performance

Cows and heifers calved within the first 6 weeks 

>90%

58%

<50%

Milk solids per hectare (kg MS/ha)

>1250kg/ha

1050kg/ha

<850kg/ha

Milk from forage 

>4000 litres

2600 litres

<2400 litres

Herd replacement rate

18%

25%

>30%

Overheads (excluding rent & finance) as a proportion of dairy income

<30%

40%

>50%

Genetic merit

<25th percentile

50th percentile

>75th percentile

 

ALL YEAR ROUND CALVING 

Key Performance Indicators

Good performance

Average performance

Poor performance

Pregnancy rate 

>20%

17%

<14%

Age at first calving 

24 months

27 months

>30 months

Total feed costs 

<8 pence per litre

9 pence per litre

>10 pence per litre

Average daily lifetime yield 

>13.6 litres/day

11.8 litres/day

<9.8 litres/day

Overheads (excluding rent & finance) as a proportion of dairy income

<30%

40%

>50%

Genetic merit

<25th percentile

50th percentile

>75th percentile


Business Financial Measures

GENERIC FINANCIAL MEASURES 

Key Performance Indicators

Good performance

Average performance

Poor performance

Full economic cost of production

AYR<25ppl

Block <22ppl

28.5ppl

>32ppl

Return on tenants-type capital 

>20%

7%

<0%

Income retained

>20%

5%

<0%