Seven steps to getting a grip on farm finances after a difficult spring

Whilst the fine weather will mean farmers' focus will quickly change to field work it should be high on the priority list to give some attention to where the farm is at financially

Ignoring financial problem won’t make them go away and will just mean that financial stress becomes pervasive.

As the weather gradually improves, it's clear the damage from this past winter isn’t solely confined to the fields. 

The combination of additional feed purchases and reduced output either in the form of milk supply for dairy farmers or liveweight gain for cattle and sheep farmers is causing a double whammy when it comes to the impact on cashflow and the bills run up via merchant credit. More importantly, it will have a knock-on effect for the remainder of the year.