Strengthening Nebraska's Agricultural Economy

fertilizer applicator in the field
Figure 1. Fertilizer is one of a farmer's largest inputs and also the one that often varies the most in price from year to year. (Photo by Bob Klein)

Fertilizer Price Changes from 1994-2017 April 25, 2017

Fertilizer, one of the major costs in crop production, changes more in price each year than many other input costs. Table 1 illustrates these fluctuating prices as well as how the price for the source of nitrogen fertilizer changes from year to year.

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soybean field

Planting Soybean after Soybean (Part 1): Planting Considerations April 13, 2017

Farmers are increasing their soybean plantings for 2017, which likely means some are shifting to soybeans-after-soybeans. This article looks at what you should be considering at planting time as you consider changing your cropping sequence.

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Figure 1. Liquid fertilizer manifold used on a planter for applying starter fertilizer. (Photo by Charles Shapiro)

Starter Fertilizer: When is it Warranted? April 12, 2017

As you evaluate the cost of inputs, consider this: Only focusing on expenses without subsequent income changes is misleading. The most profitable plan uses the most profitable inputs. Is a starter fertilizer one of those inputs? The authors look at university and grower research under various conditions to see when a starter fertilizer offers economic benefits.

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Soybean field beside a corn field

Crop Sequence: A Long-Term Decision that Impacts Annual Profitability and Risk April 6, 2017

A simple example using available information.

Introduction

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Share Machinery, Reduce Costs — Developing a Joint Ownership Agreement April 5, 2017

Joint ownership of large farm equipment may offer cost savings. If you're considering this, check out the details that need to be included in the Joint Ownership Agreement.

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Field of soybeans

10 Years of Research Shows Benefit of Reducing Soybean Seeding Rates March 30, 2017

A review of 10 years of soybean research shows that reducing your seeding rate from 150,000 to 120,000 seeds/acre can result in a $10.69/acre savings without affecting yield (assuming a $60/unit seed cost at 140,000 seeds/unit).

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equipment lease graphic

Caution for Farm Equipment Leases March 23, 2017

Many factors in the current agricultural economy are leading producers to consider a lease arrangement of new capital purchases instead of an outright purchase. When considering this option, it’s important to consider both the pros and cons as well as possible effects on your tax return.

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Reduce the Cost of Planting Roundup Ready Alfalfa March 23, 2017

Roundup Ready alfalfa seed can be expensive, but establishing a new field may not cost as much as you think if you follow these recommendations.

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