Farm Income and the Safety Net in 2021
May 20, 2021
In this article, a brief analysis of farm income and federal farm income safety net programs provides some insight on current conditions and on potential future directions for ag policy and farm economics.
Proactive and Quality Decision-making in Agriculture
April 29, 2021
A discussion on how growers can benefit from building proactive decision-making skills and get the results they want from their operation.
Cash Flow Versus Profitability
April 1, 2021
Cash flow and profitability are important to an operation, but they are different — learn how, and why these differences are equally significant when building a comprehensive farm management plan.
How Does Refinancing Affect Your Balance Sheet?
April 1, 2021
Refinancing can be a useful tool for farms and ranches to improve cash flow, but it also impacts your balance sheet. Jessica Groskopf takes a closer look at what changes you should be prepared to see.
Free Farm and Ag Law Clinics Set for June
June 2, 2020
Free legal and financial clinics are being offered for farmers and ranchers across the state in June 2020. The clinics are one-on-one meetings with an agricultural law attorney and an agricultural financial counselor. For the time being the clinics are being conducted as conference calls or as Zoom meetings.
November Ag Law and Ag Finance Clinics
October 27, 2017
Schedule an appointment for one-on-one, confidential consultations with farm finance and ag law specialists at one of four clinics being held in Nebraska in November.
Farm Finance Averages Show Some Light, Despite Concerning Ag Debt
May 3, 2017
Nebraska Farm Business, Inc. recently completed its financial averages for 2016. These averages represent producers across the state who participate in this financial analysis program. Nebraska Farm Business Inc. provides producers with a comprehensive analysis of the financial health of their business, including their accrual basis net farm income (the true earnings of the business), an earned net worth change, cost of production, 21 financial ratios, and more. Each year the data collected from these farms’ records is averaged to provide participants with information to benchmark their operations. Taking a closer look at these averages also indicates shifting trends across these farms and ranches.
Preparing for Farm Loan Renewal Time
January 10, 2017
Shortly before Christmas, I was watching a Christmas movie with my family about a farm family who was in jeopardy of losing the operation if they didn’t come up with the required payments by January 2. It made me wish the struggles of the real farm economy could be fixed in less than two hours. While this isn't possible, there are steps farmers can take to prepare for a meeting with their banker. This story outlines key points to consider.