Practice Abstract - Research and innovation

Managing cash flows

Grass based milk production is seasonal and results in peaks and troughs in cash flow for the farm business. Because of this, a cash flow planner will help farmers to manage their cash flow throughout the year better, improve their mental health and the resilience of their farm.
The creation of a good cash flow budget:
·         Allows farmers to better understand and plan their annual cash flow;
·         Being aware and ‘in control’ of their finances facilitates better mental health;
·         Helps farmers to identify peaks in cash flow;
·         Helps farmers to forecast when credit facilities are required.

Source Project
Resilience for Dairy
Completed | 2021-2024
Main funding source
Horizon Europe (EU Research and Innovation Programme)
Geographical location
Belgium, Denmark, Finland, Germany, France, Hungary, Ireland, Italy, Lithuania, Luxembourg, Poland, Spain, Slovenia, Netherlands, Northern Ireland
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