Farm Management

Strengthening Nebraska's Agricultural Economy. Links to full article 'A Checklist for Farm/Ranch Debt Workout'

A Checklist for Farm/Ranch Debt Workout

March 14, 2017
Some Nebraska producers may be feeling a financial crunch and considering some unfamiliar options to manage their debt. For those negotiating a workout agreement with their creditor or creditors to restructure debt under challenging financial circumstances, the author lists several points to consider.

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Grain Marketing Workshops this Month

March 10, 2017

Location- and commodity-specific grain marketing information will be presented during the Nebraska Extension Grain Marketing Workshops to be held across Nebraska this winter. The meetings will provide information and tools to help grain producers minimize losses during this time of low prices.

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Quicken Workshops at 5 Sites in March

March 10, 2017

When commodity prices go down, it’s important for farmers and ranchers to keep financial books on the ranch for more than just tax time. This March Nebraska Extension is continuing its workshops on how to use Quicken software for farm finances.

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A mediator reviewing information with a farmer in the field
Figure 1. A trained mediator can be an important tool in helping two sides come together to avoid foreclosure and bankruptcy.

Nebraska Farm Credit Mediation

March 9, 2017
This year's historic weather events and low commodity prices are taking a financial toll on many farm operations and agribusinesses. Consider whether farm credit mediation, explained here, may offer an alternative to avoid loan foreclosure or bankruptcy.

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Projected Corn and Soybean Prices for 2017 Crop Insurance

March 3, 2017
Corn and soybean projected prices for the 2017 crop insurance year were recently released by the Risk Management Agency (RMA). The projected price for corn is $3.96 while the price for soybean is $10.19.

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Farmers Have One Month to Decide Whether to Stay in Syngenta Litigation

March 3, 2017

Dave Aiken, Nebraska Extension water and agricultural law specialist, recommends the following article. Aiken wrote previously about this litigation in Federal Court Certifies Nine Producer Classes in Syngenta Litigation.

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Cornhusker Economics. Links to full article.

Q&A on the IRS Portability Rule

March 1, 2017
A 2013 tax law change–the portability rule–can simplify farm and ranch estate planning. Farm and ranch families still need to do estate planning to develop and implement farm or ranch business transition plans so that the farm or ranch can continue to be successfully operated by the next generation. This Q&A addresses a number of questions.

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sample loan application form

Considering Ag Refinancing Options

February 28, 2017

In today's tight agricultural economy, a lender may require you to provide additional loan collateral—including land—as a condition for receiving continued operating credit. For example, if your carryover operating debt is $160,000, the lender might suggest moving the loan onto some land, machinery, or other property that is clear of debt.

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