Crop Budget

corn planted folllowing wheat
Corn planted in winter wheat stubble.

Winter Wheat Economics in Nebraska

September 1, 2020
Including winter wheat in the cropping system does not appear to be a profitable decision when one only examines the production costs and expected returns. Generally, there are additional production and economic benefits (35 to 100 bushels per acre increase in corn or grain sorghum yield) that should be considered.

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chart showing changes in farm real estate values

Nebraska Farm Real Estate and Financial Considerations in 2020

December 13, 2019
Agricultural producers face challenging financial circumstances on their cropland in 2020. While the upcoming production year provides a potentially better outlook, challenges remain for profitability and the health of the operation.

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Sample crop production budget for corn

Why Should You Prepare and Use Crop Budgets?

December 4, 2019
The 2020 Crop Production Budgets for Nebraska are now available. They include 80 budgets for 15 crops, available in both PDF and customizable Excel formats.

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Comparison of wheat crop budgets

Winter Wheat Crop Budgets Available for 7 Systems

August 30, 2019
Customizable winter wheat crop production budgets can be a farm management tool as you look at costs and possible cost-savings areas for the next crop.

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KC Federal Reserve Chart of farm loan volume by purpose for the third quarter of 2018.

Nebraska Cropland Rental Rates and Financial Trends 2019

January 9, 2019
Nebraska producers will face challenging margins on crops produced in 2019. This article, part of the 2019 Crop Production Clinic Proceedings, covers current trends in cash rental rates and outlines financial considerations for the upcoming production year.

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Calculator and worksheets

2019 Nebraska Crop Income Projections

November 14, 2018
Try this three-step method to develop a crop income projection for 2019 based on average yield estimates, commodity price projections, and direct cost and overhead. The 2019 crop production budgets can be used as a guide.

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Card promoting the 2019 Crop Budgets

Nebraska Crop Production Budgets for 2019

November 14, 2018
The Nebraska Crop Production Budgets have been revised and updated for 2019 with 78 budgets covering different management systems for 15 crops. The largest cost increases from 2018 were for nitrogen and phosphorus fertilizers.

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Image of a partial wheat crop budget

Using Wheat Crop Budgets to Assist Decision Making

August 29, 2018
Nebraska Extension has published seven wheat production budgets to help growers identify total costs under different scenarios as well as potential opportunities for trimming costs.

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