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Dairy cow prices have fallen $500-$650 over the past 12 months to reach their lowest levels since 2009. The fall in prices has mirrored the drop in dairy the payout with the average milking cow now costing around $1500-$1600 compared to $2100 in June 2014.
A target value in Illinois is less than $5.50 per 45 kg for Holstein cows (Table 1 range is $4.97 to $5.59). Income over feed costs (IOFC) is a popular value as it provides a benchmark for herd or groups of cows reflecting profitability, current feed prices, and actual milk prices.ach value can have advantages and disadvantages. Feed cost per cow per day does not reflect milk yield, stage of lactation, or nutrient requirements. A target value in Illinois is less than $4.50 per cow per day for Holstein cows at 32 to 36 kg (70 to 80 lb) of milk.