Economics and Marketing

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Combine in field
USDA NRCS (Flickr/Public Domain)

Long Term Profitability, Balance and Growth of the Farm or Ranch Business

July 22, 2021
Nebraska Extension Agricultural Economist Matt Stockton examines the relationship between profitability and farm management in a balanced operation, and what it takes to be a skilled agriculturalist.

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Farmland
USDA NRCS Montana (Flickr/Public Domain)

Successful Grain Marketing Focuses on Establishing a Financially Successful Farm Price

July 22, 2021
This Center for Agricultural Profitability article highlights the role of expected revenue in relation to production costs in making the grain marketing decision as well as the creation and importance of your farm’s average selling price.

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Family farm members
Lance Cheung/USDA (Flickr/Public Domain)

Keys to Successful Farm Transition Planning

July 22, 2021
Extension educator Allan Vyhnalek reviews the issues and goals a farm or ranch family should consider while planning a transition in their operation.

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Corn field
Igor Haritanovich/Pexels

Impacts of Crop Insurance and Intra-season Hedging on Long-run Net Income Risk

July 15, 2021
Results of a recent study on privately funded tools, such as hedging grain on the futures market, and publicly funded tools, such as government subsidized crop insurance to investigate the role of intra-season hedging strategies and crop insurance.

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Farmer harvesting field
USDA (Flickr/Public Domain)

Calculating Field Operation Costs with ABC and Setting Harvest Rates

July 15, 2021
Nebraska Extension Educator Glennis McClure reviews the rates reported in the 2020 biennial custom rates report and how to utilize the UNL Department of Agricultural Economics’ new Ag Budget Calculator program.

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