Cost of Milk Production on average size typical farms in 2017

IFCN, one of the leading Research Networks in the dairy industry, has released the IFCN Dairy Report 2018 on October 8. In this Report, IFCN covered 115 country profiles which represent 98% of the total global milk production. This Report provides comparable, standardized data on several indicators or national dairy sectors with a focus on the dairy value chain.

On the farm level, IFCN has analyzed 177 typical farm types in 53 different countries. So the complexity of global dairy farm economics got simplified. Overall the IFCN Dairy Report 2018 makes it possible to obtain a comprehensive overview to generate information at farm level and to benchmark.

For the first time, the IFCN Dairy Report contains indicators on the sustainability of economic, social subjects and environmental issues. “The best way to improve sustainability of milk production is to benchmark your farming systems with others”, said Dr. Torsten Hemme, Managing Director of the IFCN.

Latest results show that in 2017, dairy farm numbers decreased by 1% and milk production per farm increased by 3,8%. Globally cost of milk production varied in a wide range from 20-105 USD/100 kg standardised milk in 2017. Based on the IFCN long-term monitoring (since 2000) the IFCN Dairy Report 2018 will provide you with the key drivers for this pattern.

The IFCN Dairy Report 2018 adopt viable information to support organizations better in their strategy and business decision process. With this report and our commitment to excellence, you will get real gold nuggets for your business.

IFCN specializes in the dairy market analysis and is one of the key players when it comes to dairy data, knowledge and inspiration. Founded by Dr. Torsten Hemme, it serves a wide range of customers, researchers, and partners around the globe. For further inquiries, you may visit our website or e-mail us at