20 years ago things were looking bad for Holstein cows, I wholeheartedly agree. They turned a corner ~10 years ago when they realised picking just for milk and production may not be a great idea. The problem now is people think they are still bad - this is not the case.The genetic progress of the holstein breed in the last 20 years and meant less profit.
Lower lactation numbers.
Greater disease.
More DAs
Less fertility
I have absolutely no doubt that the modern Holstein cow is by far the most profitable cow you can put on practically any farm. With wise breeding you can have volume, quality, longevity and health. That doesn't mean lots of people have a 12,000 litre cow, fail to look after it to its optimum and then moan when the wheels fall off. The old analogy of running a Ferrari on chip fat.