Benchmarking: Focusing Efforts to Improve Farm Performance
Benchmarking helps farmers see where they stand and identify opportunities to improve profit and efficiency.
For this week’s Tillage Edge podcast, Michael Hennessy talks to Dr. Fiona Thorne, Teagasc Economist, and Ciaran Collins, Tillage Specialist, about the latest Cereal Enterprise Factsheet and how to use Teagasc Costs and Returns to measure real farm performance.
They discuss the importance of calculating your own fixed costs, what sets top-performing farms apart, and how tools like the Teagasc Profit Monitor and Machinery Cost Calculator can help in assembling and analysing your figures…
The skinny
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