Dairy farmers urged to sign up for cash flow and budgeting training

Teagasc is urging recent entrants to dairying to sign up for a new short training programme regarding cash flow management before June 13.

The Cash Plan 2014 Programme, announced by Agriculture Minister Simon Coveney, is targeted at a specific cohort of dairy farmers — those who have commenced supplying milk since January 1, 2008.

Tom O’Dwyer, head of dairy knowledge transfer at Teagasc, said while the imminent abolition of EU milk quotas will provide dairy farmers with significant production opportunities, expansion will put significant additional pressures on dairy farm businesses.