Farm Management

Farm Finance and Ag Law Clinics this January December 12, 2018

Need a second opinion on an ag finance or ag law question? Schedule a free, one-on-one consultation at one of five sites this January.

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Harvest at sunset
New research from the University of Nebraska–Lincoln includes Actual Production History when examining producer input use behavior related to crop insurance.

Ag Economists Study How Crop Insurance May Affect Input Decisions November 29, 2018

If producers are shielded from yield risk by crop insurance, does that affect their input use? New studies illustrate the role of actual production history and the dynamic nature of moral hazard in crop insurance.

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Image announcing December clinics

Farm Finance and Ag Law Clinics this December November 26, 2018

Schedule free, one-on-one ag law or ag financial consultations at one of these four sites in December.

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Farm Labor Rates for the Northern Plains November 15, 2018

How does what you paid for harvest labor compare with what others in the Northern Plains Region paid during the October survey week. For 2018, the average was $15.49, up 7% from 2017. Laborers worked an average of 47.4 hours that week.

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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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Multi-state map of counties showing agricultural value of irrigation water per acre ($/ac) in 2007.

Cornhusker Economics: Putting a Dollar Value on Irrigation in the High Plains November 14, 2018

The extra agricultural production from irrigation across the High Plains Aquifer (HPA) was worth about $3.5 billion in 2007, $2 billion of which was produced in Nebraska. This research analyzed annual crop production and weather information for 1960 to 2007 for each of the 205 counties overlying the HPA.

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Graphic noting end of year calendar for prepaid expenses

Ag Accounting: The Ins and Outs of Prepaid Expenses November 12, 2018

Are you considering some late 2018 purchases? Three factors can help you and your tax preparer determine whether they meet the Internal Revenue Service requirements for a prepaid expense.

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Transporting round hay bales
Figure 1. Are you enhancing your farm income with a side business, such as custom haying or product sales? Knowing all your product's attributes can help you tailor your management and marketing plan to help grow your business.

Running Your Business: What is your Product? October 30, 2018

A lot of farm and ranch operations have side businesses such as selling seed corn, installing fence, doing conservation land work, or providing other custom services. This series looks at how to develop these side businesses.

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