Center for Agricultural Profitability

Farmer inside of tractor cab — Incorporating the possibility of disability into your estate plan requires professional legal assistance, so it's critical to discuss these issues with your attorney and financial advisor as part of the process. (Center for Ag Profitability photo)

What Happens to Your Farm or Ranch if You Become Disabled?

December 14, 2023

Labor contingency plans, emergency funds, buy-sell agreements, insurance — there's many factors to consider when preparing for a potential disability on the farm. Read this article for more on what to expect of the process.

Tractor in field — Results from the 2024 Custom Rates Survey will be published by second quarter of 2024.

Custom Operators Invited to Participate in UNL Nebraska Custom Rates Survey

December 7, 2023

Part one of the survey covers spring and summer operations such as tillage, planting and haying, and part two surveys fall operations, including grain harvest, hauling, cutting ensilage and other miscellaneous operations.

Man at desk with tax prep paperwork — For more webinars on farm and ranch management, profitability, economics and farm survival for producers and ag industry professionals, visit the Center for Agricultural Profitability website.

2023 Income Tax Updates for Farmers and Ranchers

December 1, 2023

This webinar reviews 2023 tax considerations for ag producers, including crop insurance, deferral options for livestock sales, potential law changes and more.

Capitol building — The Corporate Transparency Act will require most U.S. corporations and limited liability companies to file basic information regarding the officers and major owners of the business, in an effort to prevent money laundering and similar criminal activities.

UNL Webinar to Cover Corporate Transparency Act Requirements for Farm and Ranch Businesses

November 29, 2023

Webinar participants will learn more about the act, why it was adopted and what information will need to be filed in 2024 for farm and ranch businesses.

Field under cloudy sky — Although field operation costs are projected higher for 2024, some material input costs are lower than were projected for 2023, due in part to fertilizer prices and continued improvement of application practices. (Center for Ag Profitability photo)

2024 Nebraska Crop Budgets — A Mixed Review With Some Costs Higher, Some Lower

November 17, 2023

Glennis McClure, Nebraska Extension educator and farm and ranch management analyst, reviews her projections for cost of crop production in 2024.

Man using calculator at desk — Landowner who are interested in claiming deductions via Section 180 should consult with their CPA or tax advisor. (Center for Ag Profitability photo)

What is IRS Section 180 and How Does it Work?

November 16, 2023

With recent land purchases, some producers are asking questions to learn more about IRS Section 180 and how it may provide tax deductions in the year of purchase.

Wheat field and barn — Free to attend, registration for the Nov. 21 workshop in Harrison is required. See details below. (Photo by Chabella Guzman)

Extension Ag Estate, Transition Planning Workshop Scheduled in Harrison

November 14, 2023

Set for Nov. 21, the workshop will feature discussion on tools and strategies to create estate plans while avoiding common mistakes during the process.

Corn field — Land Management Quarterly, presented by the Center for Ag Profitability, is free to attend and recorded for on-demand viewing. Watch previous recordings here.

UNL Ag Land Management Webinar to Offer Updates on Cash Rents, Farm Programs, Leasing

November 14, 2023

The final Land Management Quarterly webinar for 2023 will cover recent findings from the USDA NASS county-level cash rent survey and trends in farm programs influencing operations across the state.

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