Repost: Managing Cash, Costs and Volatility - Preparing for 2026

We’re reposting an episode from October with Teagasc Dairy Specialist, Patrick Gowing, who joined James Dunne on the Dairy Edge to discuss how to best manage surplus cash, build financial resilience, review production costs, and ensure farmers are best prepared for 2026. As 2025 draws to a close, it will be remembered as one of the best farming years in recent memory due to strong milk prices, increased stock values and good weather for most parts. This means that dairy farm incomes are in a good place for the 2025 calendar year.   Although it has to be acknowledged milk prices have seen significant reductions in the last number of months, the effects of this will be felt more so in spring 2026 as higher constituents at this time of year are having a positive impact on the farm gate prices received.   For more episodes from the Dairy Edge podcast go to the show page at:https://www.teagasc.ie/animals/dairy/the-dairy-edge-podcast/ The Dairy Edge is a co-production with LastCastMedia.com