Teagasc director: Current cash flow problems not fault of farmers

THE current cash flow problems on Irish farms are not the direct fault of the individual farmer, but are due to falling output prices and credit shortages.

Teagasc director Professor Gerry Boyle, who made the observation, said while it is hoped that this will be a short-term problem, further price fluctuations in the years ahead are expected.

Producers, therefore, will need to exercise tight financial control on farms and use all the skills and tools available to manage this volatility.