📊 2026 Global Data

IOFC Benchmarks & Dairy KPI Targets

Income Over Feed Cost across 5 regions — with industry-standard targets for every key metric. Free to share and embed.

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Last updated: June 2026 · Sources: Penn State Extension, Virginia Tech DASC, NASEM, USDA NASS

IOFC by Region

Income Over Feed Cost per cow per day varies dramatically by region due to local feed costs, milk prices, and production systems.

🇺🇸

United States

Confinement / TMR
+$0.80 vs 2025
$7–$11
Feed Cost Ratio 45–55%
Milk Price $0.35–$0.45/lb
Avg Yield 70–85 lbs/day
🇪🇺

European Union

Mixed (Pasture + TMR)
+$0.45 vs 2025
$6–$9
Feed Cost Ratio 50–60%
Milk Price €0.35–€0.50/kg
Avg Yield 25–35 L/day
🇳🇿

New Zealand

Intensive Pasture
−$0.30 vs 2025
$4–$7
Feed Cost Ratio 35–45%
Milk Price NZ$7–$10/kg MS
Avg Yield 18–25 L/day
🇮🇳

India / South Asia

Smallholder / Buffalo
+$0.20 vs 2025
$2–$4
Feed Cost Ratio 60–70%
Milk Price ₹35–₹45/liter
Avg Yield 8–15 L/day
🇰🇪

East Africa

Smallholder / Mixed
+$0.35 vs 2025
$2–$5
Feed Cost Ratio 55–65%
Milk Price KES 42–55/liter
Avg Yield 8–18 L/day
$0
$3
$6
$9
$12

Industry KPI Targets

Use these benchmark ranges to evaluate where your farm stands. Track these monthly to catch problems early.

💰

IOFC per Cow/Day

Excellent > $10
Good $7–10
Moderate $5–7
Poor < $5
🌾

Feed Cost Ratio

Excellent < 45%
Good 45–55%
Moderate 55–65%
Poor > 65%
📊

Profit Margin

Excellent > 30%
Good 20–30%
Moderate 10–20%
Poor < 10%
🧪

SCC (cells/mL)

Excellent < 150K
Good 150–250K
Moderate 250–400K
Poor > 400K
🐄

Pregnancy Rate

Excellent > 35%
Good 25–35%
Moderate 18–25%
Poor < 18%
📅

Calving Interval

Excellent < 12.5 mo
Good 12.5–13 mo
Moderate 13–14 mo
Poor > 14 mo

The IOFC Formula

IOFC = (Milk Price × Milk Yield) − Feed Cost

Example: 25 L/day × $0.75/L − $5.00 feed = $13.75 IOFC/cow/day

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🧮

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Glossary

Quick definitions of key terms used in this infographic.

IOFC (Income Over Feed Cost)

The dollar amount left after subtracting feed cost from milk income per cow per day. It's the single best metric linking nutrition to profitability.

Feed Cost Ratio

Feed cost expressed as a percentage of total milk income. Lower is better — it means more of your milk revenue stays as profit.

SCC (Somatic Cell Count)

A measure of milk quality and udder health. Lower cell counts indicate healthier cows and higher-quality milk.

TMR (Total Mixed Ration)

A feeding system where all feedstuffs are mixed together so every bite is nutritionally balanced. Common in confinement systems.

Pregnancy Rate

The percentage of eligible cows that become pregnant within a 21-day cycle. Higher rates mean faster herd turnover and better reproductive efficiency.

Calving Interval

The average time between consecutive calvings. Shorter intervals (closer to 12.5 months) indicate better reproductive management.

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