Flashback to 20 years ago. It was the best of times; it was the worst of times. The cows ate less but required more feed per pound of milk. There’s no doubt today’s cows are exponentially more efficient than even 20 years ago.

In the last few months, the dairy industry has seen significant swings in farmgate milk prices due to COVID-19 disrupting markets. A highly variable milk price puts tremendous pressure on maximizing income over feed cost (IOFC).