Protecting Liquidity with Tax Planning
2021 provided a shot of profitability for many producers across the Midwest. In Nebraska, we saw the combination of rising prices and excellent yields create the largest net farm income on record for the Nebraska Farm Business averages. This profitability led to a significant improvement in liquidity, which was needed by many farms, but now the challenge moves to protecting that liquidity.
To learn more, read this article by Nebraska Farm Business, Inc. Director Tina Barrett on strategies for protecting liquidity in 2022 and beyond.
In the Center for Agricultural Profitability webinar, 2021 Nebraska Farm Business Average Review, Nebraska Farm Business, Inc. Director Tina Barrett reviews Nebraska farm and ranch income, ratios and family living data from 2021 and interprets what this historical data may mean for producers in 2022.