Top-performing grass-based dairy farms can produce a higher net margin for farmers than mixed or intensive systems, a new report from DairyCo has found.

The top 10 grass-based dairy farms achieved a net margin of 28.1% of revenue, according to DairyCo’s Milkbench Plus. By contrast, the benchmarking service found the net margin among the top 10 farms with intensive housed systems was 2.4 percentage points lower, at 25.7%. The net margin for composite systems - with a mixed approach to feeding and housing - was lowest, at 21.2%.

DairyCo stressed the data showed all systems could deliver good profits under the right circumstances.