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.
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.
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.
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.
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.