Increasing economic resilience in pasture-based dairy systems with Dr Laurence Shalloo, Teagasc, Moorepark. Milk price volatility and extremes of weather have focused attention on the resilience of dairy businesses, right across Europe. Costs of production must be low enough to allow survival, even when milk price hits the lowest point. In order for the business to prosper, there is a need to implement strategies which increase both system resilience and business resilience - making use of all the tools available to optimize farm operations.

This is a key focus of research carried out by Teagasc Moorepark to increase the resilience of dairy farms through technical and business innovation. Laurence discusses the key factors affecting the resilience of dairy businesses in Ireland. He lays out where the industry is currently, the tactics and the progress needed to ensure that the overall industry continues to move in the right direction.

The recording is now available, click here to watch: