eProfit Monitor Analyis 2006
The Teagasc e-Profit Monitor is an internet based system which allows drystock farmers and their advisers to enter physical and financial data on their farm enterprises online. It is available through the Teagasc client site on www.client.teagasc.ie To give the best advice and help farmers make sound decisions as to the future direction of their farm business it is essential to establish how the farm is currently performing.
A completed eProfit Monitor allows us to examine key indicators such as Farm Output, Variable and Fixed costs and your current Gross Margin per hectare (excluding all premia payments). This information puts farmers in the best position to adapt to the challenges ahead that we all now face. This year’s booklet summarises the results from 184 cattle farms across the country and 84 sheep farms.
Within the grouping 147 were categorised as suckling farms and 37 as nonbreeding farms. These farms are considered to be among the Top 25% of cattle farms in the country when compared with those that are randomly selected for the Teagasc National Farm Survey (NFS).
