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Farm finance: The information is already there, but it's how it's used that makes the difference

Farm finance: The information is already there, but it's how it's used that makes the difference

The bank statement and chequebook will provide information on most other key input costs.

Seeing the full financial picture of how things went on the farm in 2023 is the first step towards making beneficial changes this year, according to a recent Teagasc podcast.

Teagasc advisors Catherine Egan and Ciarán Lynch discussed financial management for drystock farms with Teagasc financial specialist Kevin Connolly.

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