Crop producers across Nebraska reported more than 400,000 acres as prevented plant in 2019, ranking 16th nationally. How typical was your county? View county and state numbers from the USDA Farm Service Agency.
The deadline for formal notification to terminate a verbal or handshake year-to-year land lease agreement is September 1. Here are some things to consider when terminating various types of land leases.
The Top Efficient Farms group is a selection of operations with Nebraska Farm Business, Inc that consistently retain more than 20% of gross income as net. These farms are not the highest efficiency farms each year, they are just the most consistent from year-to-year.
Nebraska's farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2018, according to USDA's National Agricultural Statistics Service. Farm real estate value for 2019 averaged $2,850 per acre, up $100 per acre (4%) from last year.
Uncertainty about national grain production as well as local yields has put farmers in a tough place. Should they sell growing crop now, or wait? This articles looks at two examples as well as what to consider with a hedging strategy.
The difference between a good farmer and a great manager often comes down to knowing the true financial position of a farm. Good records make it possible to track an operation’s financial position. Learn how to get your records in order at upcoming workshops in Lincoln and Bridgeport.
Sometimes when a younger generation returns to the farm, shared management can be a difficult transition. The author of this Cornhusker Economics article talked with growers across the state about their concerns and offers recommendations for achieving a smooth integration.