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'Decision Tree' to Assist Farmers Examine Options

What are the options for increasing family farm income? Are they through On-Farm efficiencies, by pursuing opportunities Off-Farm or through Diversification? To help farmers make wise financial decisions, Teagasc introduced a ‘Decision Tree’ application at the National Ploughing Championships in Athy, Co Kildare, today Thursday, 22 September.

A ‘Decision Tree’ is a means of methodically examining an individual farm situation.  It’s a helping hand to take a serious look at the options for sustainability or further development. It will expose individual farmers to new ideas and take them through a decision making process.

Speaking at the Ploughing Championships, Teagasc Options Specialist, Maria Heneghan said; “In today’s economic climate, efficiency is vitally important. The ready reckoner that accompanies the ‘Decision Tree’ will help you to see clearly, the financial position of your farm. It will clarify for you if your inputs need to be reviewed and where there is scope for savings. It will also help you to address the major decision on succession and a livelihood for the next generation. The ‘Decision Tree’ is an easy to use, farmer friendly tool to help you to help yourself. 

This autumn, Teagasc are staging a series of Options Courses at 12 locations around the country. The course will help participants consider the full potential of their farm and explore options for generating an additional income stream. For further information contact your local Teagasc office (or contact persons in Table below)

Venue

Start-date

Contact Person

Teagasc, Tullamore, Co. Offaly

Thursday 15th September

Nora Daly @ 090-6482633

Woodlands Hotel, Adare, Co. Limerick

Tuesday 27th September

Mary Lyons @ 069-61444

Mount Wolseley Hotel, Tullow, Co.Carlow

Wednesday 28th September

Stephen Eivers @ 059-9151210

Teagasc, Thurles, Co. Tipperary

Tuesday 4th October

Bill Condon @ 067-44952

Teagasc, Portlaoise, Co. Laois

Wednesday 5th October

John Challoner @ 057-8682194

Teagasc, Macroom, Co. Cork

Thursday 6th October

Pat Buckley @ 026-43511

Teagasc, Navan, Co. Meath

Tuesday 11th October

John Clarke @ 041-9877032

Teagasc, Mullinavat, Co. Kilkenny

Thursday 20th October

Loretto O’Driscoll @ 056-7789217

Teagasc, Ballymote, Co. Sligo

Wednesday 26th October

Michael Tarmey @ 071-9189405

Teagasc, Claremorris, Co. Mayo

Thursday 27th October

Geraldine Hynes @ 094-9372337

Teagasc, Mallow, Co. Cork

Tuesday 1st November

Tom Egan @ 025-42486

Clare/Galway

TBA

Brendan Heneghan & 091-845802