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.
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.
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.
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.
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.
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.
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.
IANR Launches Center for Agricultural Profitability
June 29, 2021
The new center focuses on research, extension outreach and education related to profitability and supporting informed decision-making and management choices for farmers and ranchers.