Center for Agricultural Profitability

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Careful financial management is vital for farmers and ranchers as they approach the end of the year — be sure to maintain accurate financial records, prepare for discussions with lenders, and align loan structures with operational needs.

Avoid Year-End Operating Loan Pitfalls

November 22, 2024
By planning ahead and reviewing cash flows, producers can avoid complications and position themselves for success in the upcoming year. Review this article for strategies to ensure smooth loan renewals for your business.

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This webinar features discussion by Dave Aiken, UNL professor and ag law and water law specialist, and Jessica Groskopf, Nebraska Extension agricultural economist.

The Corporate Transparency Act: Beneficial Ownership Reporting

November 22, 2024
This webinar will help producers understand whether the Corporate Transparency Act applies to their ag operations and how to file a BOI report to ensure compliance by Jan. 1, 2025.

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Landlord/Tenant Cash Rent Workshops to Offer Updates on Leasing Practices, Farm Transition and More

November 22, 2024
Take the first step toward informed land decisions and lasting success —attend a workshop in this December series focused on flexible leasing agreements, custom farming solutions, and professional management approaches that suit your needs.

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Available in Excel and PDF formats, Nebraska Extension's annual crop budgets can be customized using the Agricultural Budget Calculator (ABC) program, with free training sessions offered to maximize its utility.

2025 Nebraska Crop Budgets Available Now

November 21, 2024
This comprehensive resource includes cost estimates for all major Nebraska crops — including a new budget for irrigated popcorn — and provides detailed projections for inputs like machinery, labor, fuel and materials, reflecting current market conditions.

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Programs like ARC and PLC help provide financial stability for farmers facing price fluctuations and yield challenges — critical support for producers in sustaining agriculture during tough market conditions. (CAP photo)

Sizing Up the Farm Bill Safety Net

November 8, 2024
UNL ag finance experts review the farm bill's safety net programs for farmers, highlighting increases in support levels due to higher benchmark prices, the impact of recent price drops on payment triggers, and the potential for increased payments in the upcoming years.

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Nebraska recently made changes to its property tax credit system with the passage of LB34 in 2024, affecting farmers and ranchers who rely on these credits, as it might lead to potential underpayment penalties. Learn more in the webinar linked below.

2024 Income Tax Updates for Farmers and Ranchers

November 8, 2024
Tina Barrett of Nebraska Farm Business, Inc., and Glennis McClure, a UNL extension educator, provide guidance on essential tax considerations to help farmers and ranchers navigate tax season.

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Ag Smart Money Week: Free Events Nov. 4-8

October 24, 2024
Unlock financial success at Ag Smart Money Week — join free in-person and virtual sessions tailored for farmers and ranchers to improve financial management, reduce production costs, and handle risks with confidence.

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Farmers and ranchers should work closely with estate planning professionals to structure their estates in a way that leverages stepped-up basis, ensuring that the transition to the next generation is as financially efficient as possible. (CAP photo)

Estate Planning: Stepped-up Tax Basis

August 23, 2024
The stepped-up basis provision is particularly advantageous in estate planning for farmers and ranchers due to the significant appreciation of agricultural assets over time. Learn more in this article from extension.

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