Teagasc initiative targets farmers struggling with financial pressure

AN initiative to assist farmers facing financial pressure over the next 12 months has been announced by Teagasc.

A financial planning service will be offered to all farmer clients over the next seven weeks as advisers assist them in the completion of their Single Farm Payment application.

Teagasc Advisory Services director Pat Boyle said it is vital that farmers examine their own situation. They need to be sufficiently prepared to approach and negotiate appropriate finance for their farm business in an uncertain and volatile future.