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Managing cashflow: what dairy farmers need to consider
Description
Cash flow is always an important part of running a dairy farm, but in a year like 2026, keeping a close eye on the money coming in and going out has become even more important.
While milk price remains behind the levels experienced in recent years, farmers are also facing significant increases in costs due to both geopolitical issues in the Middle East and also the prolonged dry spell.
So, how should farmers be looking at their cash flow, what are the warning signs that a cash deficit could be developing, and what practical steps can be taken before it becomes a bigger problem?
Patrick Gowing, Teagasc dairy specialist who has a particular focus on farm financial management joins James Dunne to look at cash flow on dairy farms in 2026, how farmers can identify potential pressure points, and what options are available to manage them.
For more episodes from the Dairy Edge podcast go to the show page at:
https://www.teagasc.ie/animals/dairy/the-dairy-edge-podcast/
The Dairy Edge is a co-production with LastCastMedia.com