Risk management key to building your farm business for long-term viability

Farming has always been affected by issues such as unseasonal weather, disease and supply and demand balance, but the price volatility in recent years, both for inputs and outputs is unprecedented.

As Irish farmers have become more integrated into a global system, the force of an upturn or a downturn in commodity prices, or currency fluctuations can be magnified.

So what can you do to protect your farm business from external forces like these?