Profit monitor: Doing the same thing every year and expecting a different outcome isn’t a good way to make progress. Finding out where you are going wrong and benchmarking yourself against others with similar systems is a good place to start.

The Teagasc Profit Monitor is a good system to help you do this. Assessing the performance on your farm in 2019 should be top of the to-do list over the next few weeks. There is no point sticking your head in the sand thinking that poor financial performance will go away without changes being made to your system and management.