Accounting Assumptions and the Farm Business
October 16, 2019
While not widely used in Nebraska, adoption of GAAP (Generally Accepted Accounting Principles) will allow farmers and ranchers in Nebraska to make more informed decisions, contributing to greater short- and long-run profit.
"Know Your Numbers, Know Your Options" for Better Informed Decisions
October 8, 2019
Do you have the reliable financial records you need to make important farm management decisions. A new Extension series will help you learn how to record and analyze your data for more informed decision making.
Farm Bankruptcy Code Increases Upper Limit
October 2, 2019
The new Family Farmer Relief Act of 2019 revises the federal bankruptcy code to increase the amount of total debt a producer may have and be eligible for Chapter 12 bankruptcy protection from $4.4 million to $10 million.
Free Ag Law and Farm Finance Clinics this October
September 17, 2019
Free legal and financial clinics are being offered for farmers and ranchers at seven sites across the state in October. The clinics are one-on-one meetings with an agricultural law attorney and an agricultural financial counselor.
Moving from Good Farmer to Great Manager
September 13, 2019
The difference between a good farmer and a great manager often comes down to knowing the true financial position of a farm. Good records can help you track your true financial position while Inaccurate records can lead to misguided management decisions.
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.
USDA Reports 400,000 Acres of Prevented Plant Cropland in Nebraska
August 15, 2019
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.