Cornhusker Economics

Managing a Farm/Ranch Transfer to the Next Generation

August 23, 2019
Successfully getting the next generation to return to the farm and then keeping them on the farm can be accomplished through four stages that can help all the family make a peaceful transition.

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Grazing an additional 10% of available acres of corn residue could increase income for crop producers by more than $6 million.  (Photo courtesy of USDA)
Grazing an additional 10% of available acres of corn residue could increase income for crop producers by more than $6 million. (Photo courtesy of USDA)

The Value of Grazed Corn Residue for Crop and Cattle Producers

July 31, 2019
It's estimated that a 10% increase in grazing utilization of corn residue could add $6.4 million to the bottom line of crop producers in Nebraska.

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Field of diverse cover crops
Field of diverse cover crops

Cover Crop Use and Implications for Cropland Lease Arrangements in 2019

July 8, 2019
Cover crops were planted on almost 750,000 acres in Nebraska in 2017, the last year of the USDA Ag Census. A recent Cornhusker Economics reports cover crop acreage by county as well as how to consider their short-term costs and potential long-term benefits when negotiating crop land leases.

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New Law Allows Lower Taxes for Flood-Damaged Property

June 5, 2019
A new Nebraska law provides that property owners who suffered significant flood damage can apply to have their 2019 property taxes lowered. Damage must be reported on a new state form by July 15.

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Risk Management Center Trains Growers to Manage Complex Risks

May 15, 2019
After several years of agricultural prosperity and US net farm income that peaked at almost $124 billion in 2013, the most recent forecast from the UDSA Economic Research Service projects net farm income at less than $70 billion for 2019. The Extension Risk Management Education program helps farmers learn how to navigate the many risks they face.

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Examining the Capacity of Nebraska Rangelands for Cattle Production

May 1, 2019
University of Nebraska-Lincoln researchers evaluate the forage production of Nebraska’s perennial grazing land systems and the potential to increase cow/calf production in Nebraska.

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Cornhusker Economics: Negotiating Cash Rent Like a Pro

February 13, 2019
Given the constraints of both the landlord and tenant, real estate taxes, and the farm economy, finding an equitable crop land rental agreement before February 28 may take a little creativity this year. Considering these factors may help.

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Cornhusker Economics: Tax Strategies with the New Section 199A

January 30, 2019
Among the many tax consequences of the Tax Cuts and Jobs Act of 2017, are those affected by Section 199A deduction. A good tax break for farmers, it changes incentives for farmer patrons to market through cooperatives.

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