Farm Management

Farm Finance and Ag Law Clinics Set for September August 17, 2016

Openings are available for one-on-one, confidential farm finance and ag law consultations being conducted across the state each month. An experienced ag law attorney and ag financial counselor will be available to address farm and ranch issues related to financial planning, estate and transition planning, farm loan programs, debtor/creditor law, water rights, and other relevant matters.

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Terminating a Verbal Farm Land Lease August 16, 2016

Notice of termination of oral farm land leases must be made six months in advance of the end of the lease or no later than Aug. 31. The lease would then expire Feb. 28, 2017. This article includes a link to sample lease forms.

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Extension Seminar on Inheriting a Farm Aug. 17 July 29, 2016

Owning a farm, whether you inherited or purchased it, can be a challenge. Learn strategies for managing this asset at “So, You’ve Inherited a Farm, Now What?” The seminar will be presented by Nebraska Extension on Wednesday, Aug. 17 from 9-11:30 a.m. at the Lancaster Extension Education Center, 444 Cherrycreek Road, Lincoln.

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August Farm Finance & Ag Law Clinics July 15, 2016

Openings are available for one-on-one, confidential farm finance and ag law consultations being conducted across the state each month. An experienced ag law attorney and ag financial counselor will be available to address farm and ranch issues related to financial planning, estate and transition planning, farm loan programs, debtor/creditor law, water rights, and other relevant matters.

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Chart showing farm working capital changes over several years
Chart showing farm working capital changes over several years

If Working Capital is Disappearing, What Should You Do? July 15, 2016

In the July 13 UNL Cornhusker Economics, Tina Barrett, executive director of Nebraska Farm Business, Inc., writes: "It seems just about every farm management topic/article/presentation is talking about working capital these days. We’ve heard experts talk about “Cash is King” for years but why is it really important?

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Nebraska map showing risk levels of irrigated corn production in Nebraska, based on insurance data
Nebraska map showing risk levels of irrigated corn production in Nebraska, based on insurance data

Nebraska Corn Production Risk by County Using Crop Insurance Data July 13, 2016

Farmers know that yield risks vary across the state; however, the ability to compare yield risk between counties is new. Using crop insurance premium calculation data, we can quantify the expected insurance payment (or indemnities) by evaluating the county crop insurance reference rate. A high reference rate value implies higher historical payments and consequently more production risk and a higher crop insurance premium. Lower reference rates imply lower risk and lower premiums. Risk varies widely from one end of the state to the other, highlighting the need to consider general recommendations broadly and customize decisions to your data and situation. County-level risk maps for irrigated and non-irrigated corn production in Nebraska are included.

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July Ag Finance and Ag Law Clinics July 1, 2016

Openings are available for one-on-one, confidential farm finance and ag law consultations being conducted across the state each month. An experienced ag law attorney and ag financial counselor will be available to address farm and ranch issues related to financial planning, estate and transition planning, farm loan programs, debtor/creditor law, water rights, and other relevant matters.

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Farm Labor, Costs on the Northern Plains May 24, 2016

In the Northern Plains Region (Kansas, Nebraska, North Dakota, and South Dakota) there were 34,000 workers hired directly by farm operators on farms and ranches during the week of April 10-16, 2016, down 3% from the April 2015 reference week, according to USDA’s National Agricultural Statistics Service.

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