Farm Management

equipment lease graphic

Caution for Farm Equipment Leases March 23, 2017

Many factors in the current agricultural economy are leading producers to consider a lease arrangement of new capital purchases instead of an outright purchase. When considering this option, it’s important to consider both the pros and cons as well as possible effects on your tax return.

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Map showing Nebraska ag land values as of Feb. 1, 2017

Report: Agricultural Land Values Decline an Average of 10% March 15, 2017

Preliminary findings from the 2017 Nebraska Farm Real Estate Market Survey conducted by the University of Nebraska–Lincoln indicate that as of February 1, 2017, farmland values declined by about 10% over the prior 12-month period to $2,805 per acre. This marks the third consecutive year of decline. Farmland value peaked in 2014 at $3,315 per acre.

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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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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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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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Individuals talking around the table

Nebraska Farm Credit Mediation March 9, 2017

Your lender informs you that your unpaid operating loan will not be renewed. What are your options? Loan foreclosure? Bankruptcy? One important option in Nebraska is farm credit mediation. This is when you and your creditor (or creditors) sit down with a trained mediator who tries to facilitate a compromise among the parties that avoids loan foreclosure and 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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