Farm Management

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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Soybeans in a flooded field

How Crop Insurance May Soften the Blow of Low Quality Soybeans

October 24, 2018
Crop insurance is typically thought of as protecting against low yields and/or revenue, but it can also protect against low quality. With soybeans four types of discounts are considered.

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Financial report

Farm Finance and Ag Law Clinics this November

October 23, 2018
Schedule free, one-on-one ag law or ag financial consultations at one of these five sites in November.

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Farm-Ranch Succession and Transition Workshops Nov. 5-7

October 16, 2018
Negotiating with family and understanding the difference between fair and equal will be among the topics addressed at Farm and Ranch Estate Planning workshops in western Nebraska Nov. 5-7.

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