Calculating ...
Assumptions used: Teagasc estimates that if grass utilised were to be increased by one tonne DM/ha/year, the benefit to dairy farmers would be €173/ha and €105/ha to drystock farmers.
By utilising an extra tonne of grass per hectare across the entire farm you could increase your Net Profit by up to:
Based on Teagasc Grass10 calculations correct on 12th June 2019 www.teagasc.ie/Grass10. Based over 8 years from farm sizes ranging from 43 – 53ha and stocking rates ranging from 1.7 – 1.9LU/ha. Returns calculated per hectare per Hanrahan et al (2018) for dairy farms and Crosson et al (2016) for beef farms.
Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland.