Dave Aiken
faculty
- Professor Agricultural Economics University of Nebraska–Lincoln
- Courtesy Professor School of Natural Resources University of Nebraska–Lincoln
Work
402-472-1848
On campus, dial 2-1848
Q&A on 2017 Solar Eclipse and Nebraska Agritourism Liability
July 27, 2017
Nebraska will be host to thousands of visitors looking to catch the optimal view of the August 21 above our skies. Before opening up your lands to this agritourism opportunity, be sure to understand and addess your liability.
Kansas Federal Jury Awards $218 Million in Syngenta Litigation
June 29, 2017
On June 23 a federal jury awarded $218 million in damages to 7300 Kansas farmers for lost revenue from China rejecting corn shipments containing unapproved Syngenta varieties.
Property Owners Required to Keep Trees Out of Division Fences
April 19, 2017
Nebraska statutes require property owners to keep trees or bushes out of fences that divide their property from a neighbor’s. Nebraska revised statute section 34-103 states:
A Checklist for Farm/Ranch Debt Workout
March 14, 2017
Some Nebraska producers may be feeling a financial crunch and considering some unfamiliar options to manage their debt. For those negotiating a workout agreement with their creditor or creditors to restructure debt under challenging financial circumstances, the author lists several points to consider.
Nebraska Farm Credit Mediation
March 9, 2017
This year's historic weather events and low commodity prices are taking a financial toll on many farm operations and agribusinesses. Consider whether farm credit mediation, explained here, may offer an alternative to avoid loan foreclosure or bankruptcy.
Q&A on the IRS Portability Rule
March 1, 2017
A 2013 tax law change–the portability rule–can simplify farm and ranch estate planning. Farm and ranch families still need to do estate planning to develop and implement farm or ranch business transition plans so that the farm or ranch can continue to be successfully operated by the next generation. This Q&A addresses a number of questions.
Considering Ag Refinancing Options
February 28, 2017
In today's tight agricultural economy, a lender may require you to provide additional loan collateral—including land—as a condition for receiving continued operating credit. For example, if your carryover operating debt is $160,000, the lender might suggest moving the loan onto some land, machinery, or other property that is clear of debt.
Losing Your Operating Credit and Loan Subordination
February 16, 2017
When an ag lender denies an operating loan for the next year and new funding sources are sought, a subordination agreement may be helpful in securing new credit while still laying out a payment plan for existing debt. Here’s what to consider.