In very simple terms, dairy profitability can be defined as the difference between milk prices and the cost of production, multiplied by the pounds of milk produced. Thus, milk prices, the cost of production, and the kiliograms of milk produced are the three critical components for dairy profitability. Therefore, it is very important for producers to have a firm grasp on the three components (price, cost, and volume) of this equation and attempt to modify them in their favor. Viability is sustained profitability. This product discusses the factors that affects the viability of the dairy sector.