Completing a profit monitor
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Description
For this week’s OviCast, I’m joined by my Teagasc colleague, Catherine Egan, host of the Beef Edge podcast, as we discuss financial management tips on drystock farms with Teagasc Financial Specialist, Kevin Connolly. Kevin first explains the benefits of completing a profit monitor and we discuss what data is required and the ways to simplify this process.  Kevin takes us through the information the profit monitor can generate and how it can be used to highlight key areas to focus on, allowing farmers to benchmark their own farm performance.  We finish up with Kevin offering his three key pieces of advice for listeners to undertake in 2024. For those interested in completing a profit monitor you can find out more at: https://www.teagasc.ie/rural-economy/farm-management/financial-analysis/farm-profit-analysis/ For more episodes from the OviCast podcast, visit the show page at:https://www.teagasc.ie/animals/sheep/ovicast-sheep-podcast
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