The 2020 Nebraska Crop Budgets include 80 production budgets for 15 crops as well as information on crop budgeting procedures, standard costs used, and a production cost summary. Two new irrigated corn budgets, No. 33 and No. 34, and two new soybean budgets, No. 64 and No. 65, were added for 2020 to reflect production practices and materials using new options for weed management.

Stayed tuned ...

as the University of Nebraska Department of Agricultural Economics rolls out a new enterprise budget program called Ag Budget Calculator (ABC). ABC is being designed to allow producers the ability to enter and save their information to generate a customized cost of production for their operations.

You’ll hear more as UNL Extension educators introduce the program to producers in 2020.

Budgets are grouped by crop and provided in two formats: a printable PDF file and an Excel worksheet that can be customized to match the crop production operation. 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. The Excel file is an integrated worksheet listing details in the first few worksheets that figure into the crop budget formulas. Changes made in one worksheet can affect many subsequent crop budget calculations.

Both a cash cost per unit of production and a total cost of production per unit are calculated 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 2020 crop budgets were developed and edited by Robert Klein, extension western Nebraska crops specialist, and Glennis McClure, extension educator - agricultural economics, with the original crop budget template created by Roger Wilson, retired farm and ranch management analyst. Contributing to the budgets in their specialty areas were: Robert Harveson, Tamra Jackson-Ziems, and Stephen Wegulo, extension plant pathologists, Robert Wright, extension entomologist; Paul Jasa, extension engineer; Chris Proctor, extension educator for weed management, and Jay Parsons, assistant professor – agricultural economics.

Note: The 2020 budget projections were created using assumptions thought to be valid for many producers in Nebraska; however, each farming operation is unique. These budgets are being released in both Adobe PDF and Excel worksheet formats. 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

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 SystemPDF FormatExcel 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

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 SystemPDF FormatExcel 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 SystemPDF FormatExcel 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 SystemPDF FormatExcel 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 SystemPDF FormatExcel 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

Previous Crop Budgets

Published as Nebraska Extension EC872

2009 Nebraska Crop Budgets
2010 Nebraska Crop Budgets
2011 Nebraska Crop Budgets
2012 Nebraska Crop Budgets
2013 Nebraska Crop Budgets
2014 Nebraska Crop Budgets