Ag Finance

Farmers in field

Benchmarking — What Can We Learn from Others?

October 14, 2021
Organizing our farm and ranch production and financial data and then utilizing this information to look back historically and to benchmark with others, provides a way to measure our operation’s financial health and assist in important management decisions.

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Combine in field

2021 Federal Estate and Transfer Tax Law Proposals

September 2, 2021
Tina Barrett, director of Nebraska Farm Business, Inc., reviews the federal estate and transfer tax law proposals submitted to Congress this year that would dramatically change the tax implications for many farm businesses.

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Managing finances

Keeping Accurate Digital Records

September 2, 2021
Accounting software can greatly improve the financial record-keeping of farms and ranches, but it is not a foolproof method of record-keeping. Here are some tips for keeping more accurate digital records, regardless of the software you use.

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Calculator with financial papers

Ag Budget Calculator User Workshops Scheduled for Aug. 18, 24

August 12, 2021
The Center for Agricultural Profitability is hosting two online workshops next week for individuals to learn how to better use the new Ag Budget Calculator (ABC) program.

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Turfgrass farm in aerial display

2020 Farm Production Expenditures Down 4%

August 5, 2021
Farm and ranch production expenditures for Nebraska totaled $20.3 billion in 2020, down 4% from a year earlier, according to USDA's National Agricultural Statistics Service.

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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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Farmland
Get Lost Mike/Pexels

Ag Carbon Credit Contract Checklist

June 29, 2021
With considerable interest in selling carbon credits in the agriculture industry, farmers should carefully consider the financial implications of a carbon contract before meeting with an aggregator.

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