Center for Agricultural Profitability

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.

Read more

Farm family walking in field
Two upcoming land management webinars will include information tailored to different regions of the state — March 27 will be more relevant to western and central Nebraska residents, and March 28 will be for eastern Nebraska residents. (CAP photo)

Land and Leasing Webinars to Cover Cash Rents, Landlord-tenant Issues for 2024

March 15, 2024
Two upcoming workshops will review a wide variety of land management concerns for Nebraska producers, from land value trends and cash rents to creating estate plans.

Read more

TAPS decision management graphic

TAPS: A Year of Surprising Results

March 14, 2024
TAPS leaders discuss the effect of the many different strategies and decisions made in the 2023 contest in the wake of hail damage and a declining corn market.

Read more

Corn field
This Center for Agricultural Profitability webinar features discussion by Ken Harrison, a crop insurance expert with more than 40 years of experience in the industry.

2024 Crop Insurance Prices and Decision Making

March 14, 2024
Agricultural economics experts discuss projected prices for the upcoming crop year, the importance of projected prices in managing risk exposure, and different insurance contract options for managing 2024 risk.

Read more

Map of Nebraska ag land values for 2024 by region
The 2024 Farm Real Estate Survey reports market values on the seven types of land by region across Nebraska, as well all-land average values for the entire state. (CAP image)

Nebraska Ag Land Values Up 5%, According to 2024 Farm Real Estate Survey

March 13, 2024
The market value of agricultural land in Nebraska increased by 5% over the prior year — the third consecutive year of ag land value increases for the state.

Read more

Farm and barns near cornfield
This CAP webinar on farm electricity costs features discussion from F. John Hay, extension educator — energy, UNL Department of Biological Systems Engineering, and Rick Stowell, professor and animal environmental engineer, UNL Department of Animal Science.

Farm Energy Management: Focused Solutions for Minimizing Power Charges

February 29, 2024
This webinar explores how farms are charged for electricity and ways to identify and possibly slash costs.

Read more

Two farmers conversing near farm equipment
Housing, insurance and vehicles can provide another form of compensation for returning farm or ranch family members. However, it's best for all family members in the operation to get non-monetary compensation in writing before any official employment begins.

Paying Family Members on the Farm or Ranch

February 29, 2024
This is the first in a series of Center for Agricultural Profitability articles that will highlight ideas and tactics for successfully bringing another family member into the operation.

Read more

Woman analyzing spreadsheets and using calculator
Quicken is an easy program for people unfamiliar with accounting terms to use, making it a good place to start when changing from a hand-kept cash accounting system to computerized records. Nebraska Extension’s new virtual Quicken course will teach participants how to use the features of the program in a self-paced setting.

New Virtual Quicken Course for Farm and Ranch Record-keeping Offered by Nebraska Extension

February 27, 2024
The course will lead users through hands-on sessions to develop a simple set of financial records and reports using Quicken, with exercises based on a case farm to walk through practical applications.

Read more