Eighty-three 2021 UNL Crop Budgets Available

The 2021 University of Nebraska-Lincoln crop budgets include 83 production budgets for 15 crops as well as information on crop budgeting procedures, standard costs used and a production cost summary. One new spring wheat budget was added, No. 74, using southwest Nebraska land values.

ABC budget calculator header image

Interested in using the new Agricultural Budget Calculator (ABC) Program for your 2021 crop budgets? Register to get the link at farm.unl.edu/testabc. The ABC program is now in its initial testing phase and we invite you to check it out! This new enterprise budgeting tool developed by the University of Nebraska–Lincoln' Department of Agricultural Economics, is an online program where farm managers and producers can enter their own prices and costs of their machinery complement, material inputs, labor, and other expenses, plus projected revenue to calculate returns above cash and all costs. This program allows for ease of use in customizing crop enterprise budgets. Additional components of the program are in the works. You can check out more information about the new program at farm.unl.edu/abc.

Budgets are grouped by crop and provided in two formats: a printable PDF file and an Excel worksheet that can be downloaded and updated to match the crop production operations and expenses. Detailed information on how these budgets were developed, along with machinery and ownership costs, general variables, and material and service pricing are included in the introductory pages 5-12 in the PDF file. The Excel file is an integrated worksheet listing details in the first few worksheets that figure into the crop budget formulas. Land values, yearly rates, input prices and machinery information can be changed. Changes made in one Excel worksheet can affect many subsequent crop budget calculations.

The current university crop budgets provide both a cash cost per unit of production and a total cost of production or economic cost per unit for each crop. The cash cost figure does not include the ownership cost of machinery and equipment used in field operations or a real estate opportunity cost. The crop budgets assume that the operator is the landowner by showing an opportunity cost of ownership. If an operator rents crop ground, that share of land costs can be shown in the budgets by zeroing out the real estate value in the general variables tab of the worksheet and adding the cash rent amount into the worksheets along with other cash expenses.

The 2021 crop budgets were developed and edited by Robert Klein, extension western Nebraska crops specialist, and Glennis McClure, extension educator - agricultural economics. Contributing to the budgets in their specialty areas were: Robert Harveson and Robert Wright, extension entomologists; Tamra Jackson-Ziems and Stephen Wegulo, extension plant pathologists; Paul Jasa, extension engineer; Chris Proctor, extension educator - weed management, and Jay Parsons, professor – agricultural economics.

Note: The 2021 budget projections were created using assumptions thought to be valid for many producers in Nebraska; however, each farming operation is unique. The 2021 budgets are being released in both Adobe PDF and Excel worksheet formats. While the worksheet format allows producers to modify them to match their specific situation, the danger of releasing a tool that can subsequently be modified is that there is no way to verify whether alterations were made, or unrealistic data was entered. Users of this tool are responsible for independently verifying all results prior to relying on them. For more information contact:

Robert Klein, 308-696-6705 or rklein1@unl.edu
Glennis McClure, 402-472-0661 or gmcclure3@unl.edu

2021 Nebraska Crop Budgets

2021 Nebraska Crop Budgets (EC872), all the crop budgets in PDF format or Excel format.

The introduction includes how the budgets were developed and the tables of power, machinery, labor, and input costs used in the budgets. It also includes a list of all the budgets.

(Budgets are grouped by crop and include multiple files.)

Cropping System PDF Format Excel Format
Alfalfa Establishment pdf logo excel logo
Alfalfa Production pdf logo excel logo
Corn Dryland pdf logo excel logo
Corn Irrigated pdf logo excel logo
Cover Crops pdf logo excel logo
Dry Beans pdf logo excel logo
Grain Sorghum pdf logo excel logo
Miscellaneous Crops pdf logo excel logo
Soybeans pdf logo excel logo
Sugarbeet pdf logo excel logo
Sunflower pdf logo excel logo
Wheat pdf logo excel logo
Instructions:



Demonstration:

2020 Nebraska Crop Budgets

2020 Nebraska Crop Budgets (EC872), all the crop budgets in PDF format or Excel format.

The introduction includes how the budgets were developed and the tables of power, machinery, labor, and input costs used in the budgets. It also includes a list of all the budgets.

(Budgets are grouped by crop and include multiple files.)

Cropping System PDF Format Excel Format
Alfalfa Establishment pdf logo excel logo
Alfalfa Production pdf logo excel logo
Corn Dryland pdf logo excel logo
Corn Irrigated pdf logo excel logo
Cover Crops pdf logo excel logo
Dry Beans pdf logo excel logo
Grain Sorghum pdf logo excel logo
Miscellaneous Crops pdf logo excel logo
Soybeans pdf logo excel logo
Sugarbeet pdf logo excel logo
Sunflower pdf logo excel logo
Wheat pdf logo excel logo

2019 Nebraska Crop Budgets

2019 Nebraska Crop Budgets (EC872), all the crop budgets in one document: PDF format or Excel format

The introduction includes how the budgets were developed and the tables of power, machinery, labor, and input costs used in the budgets.

(Budgets are grouped by crop and include multiple files.)

Cropping System PDF Format Excel Format
Alfalfa Establishment pdf logo excel logo
Alfalfa Production pdf logo excel logo
Corn Dryland pdf logo excel logo
Corn Irrigated pdf logo excel logo
Cover Crops pdf logo excel logo
Dry Beans pdf logo excel logo
Grain Sorghum pdf logo excel logo
Miscellaneous Crops pdf logo excel logo
Soybeans pdf logo excel logo
Sugarbeet pdf logo excel logo
Sunflower pdf logo excel logo
Wheat pdf logo excel logo

2018 Nebraska Crop Budgets

(Budgets are grouped by crop and include multiple files.)

Cropping System PDF Format Excel Format
Alfalfa Establishment pdf logo excel logo
Alfalfa Production pdf logo excel logo
Corn Dryland pdf logo excel logo
Corn Irrigated pdf logo excel logo
Cover Crops pdf logo excel logo
Dry Beans pdf logo excel logo
Grain Sorghum pdf logo excel logo
Miscellaneous Crops pdf logo excel logo
Soybeans pdf logo excel logo
Sugarbeet pdf logo excel logo
Sunflower pdf logo excel logo
Wheat pdf logo excel logo

Tables of power, machinery, labor,
and input costs used to develop these budgets

pdf logo

2017 Nebraska Crop Budgets

(Budgets are grouped by crop and include multiple files.)

Cropping System PDF Format Excel Format
Alfalfa Establishment pdf logo excel logo
Alfalfa Production pdf logo excel logo
Corn Dryland pdf logo excel logo
Corn Irrigated pdf logo excel logo
Cover Crops pdf logo excel logo
Dry Beans pdf logo excel logo
Grain Sorghum pdf logo excel logo
Miscellaneous Crops pdf logo excel logo
Soybeans pdf logo excel logo
Sugarbeet pdf logo excel logo
Sunflower pdf logo excel logo
Wheat pdf logo excel logo

Tables of power, machinery, labor,
and input costs used to develop these budgets

pdf logo

2016 Nebraska Crop Budgets

(Budgets are grouped by crop and include multiple files.)

Cropping System PDF Format Excel Format
Alfalfa Establishment pdf logo excel logo
Alfalfa Production pdf logo excel logo
Corn Dryland pdf logo excel logo
Corn Irrigated pdf logo excel logo
Cover Crops pdf logo excel logo
Dry Beans pdf logo excel logo
Grain Sorghum pdf logo excel logo
Miscellaneous Crops pdf logo excel logo
Soybeans pdf logo excel logo
Sugarbeet pdf logo excel logo
Sunflower pdf logo excel logo
Wheat pdf logo excel logo

Tables of power, machinery, labor,
and input costs used to develop these budgets

pdf logo