What are the important points to remember on dairy farming


ProteonPharmaceuticals

Uploaded on Apr 2, 2022

Category Business

India has a significant agricultural economy that has been inextricably tied with the dairy sector since the Vedic era. Milk production accounts for 4% of India’s GDP. This is a highly profitable business in India since it is in high demand throughout the year. https://www.proteonpharma.com/

Category Business

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What are the important points to remember on dairy farming

WHAT ARE THE ESSENTIAL POINTS TO REMEMBER ABOUT DAIRY FARMING? • India has a significant agricultural economy that has been inextricably tied with the dairy sector since the Vedic era. Milk production accounts for 4% of India’s GDP. This is a highly profitable business in India since it is in high demand throughout the year. • The Government of India has launched numerous strategies and initiatives to promote dairy farms in India as a tool for socio-economic development. So if you are planning to start a new dairy farm, there are a few things to consider. Creating A Business Plan and a SWOT Analysis It is critical to keep in mind that dairy farming is a business. A detailed business plan with SWOT analysis (Strengths, Weaknesses, Opportunities and Threats) and the resources that are available with you , is what you need to prepare for a successful dairy farming business. How many cows will you have in your farm? Where will you sell your milk? Will you employ workers? How much money do you need to live on after you have paid all of your dairy bills? A working capital plan should be included in your business plan to help you set realistic expectations for expenses and production costs. Seeking Advice/Information From Specialists Even if you grew up on a dairy farm and learned how to feed and milk cows from your elders and grandparents, it is necessary to consult experts within the dairy business. It will be a guidance to set up your business well and follow your management practices appropriately. While visiting other farms, try to understand what has worked well for them and what has not. HDoewvevloepr,i nkege ap Cinr ompinpdin wgh ant dw oFreked ifnogr oPtlhaenr farms, might not work for your farm. Whether you provide a TMR (total mixed ration), graze your cattle, or a mixture of the two, dairy cattle require a certain set of nutrients to sustain themselves, to produce milk and procreate a calf. Work with a nutritionist to design diet plans if you rear nursing cows, dry cows and heifers in the farm. Many dairy farms generate the majority, if not all, of their forages and a large portion of their concentrate (grain) requirements. Hiring bespoke operators to plant and harvest the crops, or arranging with neighbours to share equipment and labour, can help you save money while you establish your dairy company and develop capital. Many farms employ double- cropping systems, with minor grain crops planted after corn silage. Designing a Waste Management Strategy Dairy animals generate a large amount of manure. While this manure is frequently considered trash, it may be a valuable resource on the farm if handled and used appropriately. Manure management will be directly linked to your cropping and feeding plans. If you can utilize a double-cropping system in your farm, you will not only be able to produce more feed, but will also be able to apply more manure to your soil. Composting and anaerobic digestion of manure are alternatives to direct land application of manure. While these choices may bring additional revenue and other advantages to your dairy, they will also raise the capital expenditure necessary to get your dairy started. Become A Manager For Your Own Farm All of the preceding elements are only parts of the puzzle. To be successful, you must integrate all aspects of management into a comprehensive farm plan. However, you are not required to complete all of the tasks. Work with trustworthy advisors to help you develop a strategy and focus on your strengths. If you enjoy milking cows but despite planting corn, locate a coworker who does or outsource the task to a third party. Consider forming a farm management or profit team that includes your consultants as active players in the farm’s success. Thanks