Business Resilience [DA.BR]
Building Good Financial Habits With Cash Flow Forecasting
The statistics are clear; 80% of small businesses go under due to cash flow problems, not lack of profit. Building business resilience with good financial habits can make all the…
Read More >Cattle Records – Passport Reconciliation
Winter offers the perfect opportunity, while cattle are housed, to check ear tags and carry out a passport reconciliation. All cattle on the farm should have the correct tags and…
Read More >MMN November 2023 – The Power of Benchmarking
The importance of understanding the financial data within your business was one of the sessions at a recent dairy conference “Challenging the Norm: Future Dairy Systems”, held by SAC Consulting…
Read More >MMN November 2023 – Reducing Energy Costs on Dairy Farms
Electricity typically represents 4% of a dairy farm’s variable costs (AHDB, 2021). The main areas of energy consumption are milk cooling (31%), water heating (23%) and the milking machine (20%)…
Read More >Agribusiness News September 2023 – Milk
Negative sentiment in dairy markets continue….. Milk volumes are still in the seasonal decline, but production is still slightly ahead of last year. Most processors are holding their milk price…
Read More >Dealing with labour shortages on dairy farms
Farm labour represents a major cost in dairy enterprises and is increasingly becoming a key challenge facing dairy farmers. Research by Arla (2022) has suggested that half of UK dairy…
Read More >Farm Labour shortages, free upskilling events, and a conversation with The Soil Association
Welcome back to the Rural Round-up hosted by me, Kerry Hammond. This show is produced in association with the Scottish Government. On today’s episode Tiffany, George & Robert discuss recent…
Read More >MMN July 2023 – How Resilient is your Dairy Farm?
As milk prices continue to drop, now is the time to consider whether your dairy business is resilient to survive the financial challenges that unexpected changes within the industry can…
Read More >Milk Manager News May 2023 – Specialist Advice Plans
With the changing situation of declining milk price and still relatively high input costs, now is a great time to take stock of the financial health of your business to…
Read More >Milk Manager News May 2023 – Farm Business Survey Results
Every year the Scottish Government publishes the Farm Business Survey results which gives the latest economic picture of Scottish farming. The latest results are based on data from over 400…
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