Agricultural Economy

Nebraska’s net farm income is projected at $6 billion in 2024, down from $7.2 billion in 2023. (CAP photo)

Nebraska Farm Income Projected to Fall in 2024

April 4, 2024
The projected decline is attributed to a downturn in crop receipts in the state — due to lower crop prices in 2023 — that look to fall further in 2024.

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Center pivot running over field
A center-pivot irrigation system waters a cornfield near Adams, Nebraska, about 45 minutes south of Lincoln. (Photo by Craig Chandler, University Communication and Marketing)

Husker Study Finds Aquifer Depletion Threatens Crop Yields

February 1, 2024
Researchers involved in this study found that an aquifer’s depletion can curb crop yields even when it appears saturated enough to meet irrigation demands, and yield losses intensify when an aquifer drops below certain thresholds.

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Benson Bounty stands by screen during presentation
Benson Bounty presents ‘Planting a Profitable Pollinator Habitat with Native Nebraska Plants,’ a SARE-funded project that explored the profitability of growing native perennial plants and marketing them through a variety of channels. (Photo by Sydney Seh)

Registration is Open for the Annual Local Food and Healthy Farms Conference

January 4, 2024
This year's conference features more than 30 sessions on agricultural and local food systems, including farm financial and transition planning, farm skills, field crops, livestock, farm and food policy, and more.

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Wheat seeds in sack
USDA’s Agricultural Projections to 2033 report will be released in February 2024, and will feature full discussion of the commodity supply and use projections, and projections for farm income and global commodity trade.

USDA Announces Early Release of Select Commodity Tables for Agricultural Projections to 2033

November 3, 2023
The tables to be released on Nov. 7 will include 10-year projections for major U.S. crops and livestock products.

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Tractor planting at sunset
All sessions of the 2024 Agricultural Outlook Forum will be livestreamed, and virtual attendance is free. See registration link below for more information.

Registration Now Open for USDA’s 100th Agricultural Outlook Forum

November 2, 2023
At the 2024 forum, more than 100 experts from government, industry and academia will share insights on commodity and food price outlooks, U.S. and global agricultural trade developments, ag innovations, climate change and the bioeconomy.

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Check presentation to Mark McHargue
The Nebraska Dry Bean Commission donated $6,500 to the Nebraska Farm Bureau “Ag in the Classroom.” Presenting the check was Chris Kelley, NDBC vice chair (second from left), and Dan Hinman, president of the Nebraska Dry Bean Growers Association (left), to Mark McHargue, president of the NEFB. (Photo by Chabella Guzman)

Dry Bean Growers Still Dealing with the Effects of 2018 Tariffs

September 1, 2023
Stakeholders in the dry bean industry discussed the state of production and markets during a recent tour at the UNL Panhandle Research, Extension and Education Center in Scottsbluff.

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Screenshot of Jansen on RFD-TV

UNL Report Finds Nebraska Ag Land Values at All-time High

August 11, 2023
In this RFD-TV segment, Nebraska Extension Economist Jim Jansen discusses the factors affecting Nebraska's unprecedented 2023 ag land values.

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Tractors prepping field
Soybeans, corn, beef, dairy, cotton and tree nuts were the top commodities exported by the U.S. in 2022 and represented more than half of U.S. agricultural export value.

2022 Was Another Record Year for U.S. Farm Exports

March 2, 2023
According to USDA, U.S. agricultural exports in 2022 increased 11%, or $19.5 billion, from the previous record set in 2021.

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