Tips for dairy farmers to build a Brexit cash reserve

摘要

Dairy producers should consider trimming capital expenditure and fixing costs to build up a cash reserve ahead of potential shocks from a no-deal Brexit, a dairy farm consultant has said.Locking in feed costs by forward purchasing and suspending machinery purchases are just two of 10 things (see "10 prudent steps to buffer against Brexit") businesses can do to help increase available funds, said Edward Lott, partner at Kite Consulting.