Old school: You can use an app on your phone to prepare your financial accounts, instead of an accounting package on your lap-top. Image: Getty Expand

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Old school: You can use an app on your phone to prepare your financial accounts, instead of an accounting package on your lap-top. Image: Getty

Old school: You can use an app on your phone to prepare your financial accounts, instead of an accounting package on your lap-top. Image: Getty

Old school: You can use an app on your phone to prepare your financial accounts, instead of an accounting package on your lap-top. Image: Getty

In the last 18 months, the rapid rise in the cost of inputs has forced farmers to keep a close eye on the volume of key products they buy.

The cost to benefit ratio for an input like fertiliser is different for every farm and farm type. Last year saw strong milk, grain and beef prices, but lamb prices failed to hold the gains made in 2021.