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Financial Planning for a Farmer Undergoing Organic Conversion

Clavin, Dan (2009) Financial Planning for a Farmer Undergoing Organic Conversion. In: Teagasc (Ed.) Teagasc Organic Conference - Opportunities for Organic Producers Proceedings.

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Summary

The switch to organic farming may be the biggest farm management decision you ever undertake so careful planning is essential. The vast majority of organic farmers have no regrets once converted. Organic farming can be a profitable option due mainly to lower costs of production, an attractive organic farming scheme and attractive market premiums. However the change requires preparation, an attention to detail and good husbandry skills - a poor conventional farmer may make an even worse organic farmer. From the financial viewpoint, the Teagasc “Farm Business Planner” program will help you in making the decision to convert or not. Like conventional farming, organic farmers should not solely depend on unsustainable schemes and grant aid for future profits. The organic market is a “niche” but growing market and it is important to follow that market.


EPrint Type:Conference paper, poster, etc.
Type of presentation:Paper
Subjects:"Organics" in general
Research affiliation: Ireland
Deposited By: Clavin, Mr Dan
ID Code:18676
Deposited On:07 Apr 2011 13:57
Last Modified:07 Apr 2011 13:57
Document Language:English
Status:Published
Refereed:Not peer-reviewed

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