Financial Management

Combine unloading into grain truck — Calculating net farm income is an important part of annual accounting tasks, as it provides the most accurate summary of the profitability and performance of your operation.

Net Farm Income Impacts Net Worth Growth

April 26, 2024

Nebraska Extension Educator Glennis McClure explains the process of analyzing net farm income and earned net worth change for the year.

Farm finance clinic banner — Though the farm finance and ag law clinics are offered monthly at sites across Nebraska, remote sessions are another option — call the number below to arrange a one-on-one meeting via phone or virtual platform.

Free Farm and Ag Law Clinics Set for May

April 23, 2024

Free legal and financial clinics are being offered for farmers and ranchers in Fairbury, Norfolk and Valentine next month.

Free Farm and Ag Law Clinics Set for April

April 10, 2024

There are two dates left in April for producers who are interested in receiving free legal and financial services — April 25 in Norfolk and April 26 in Greeley.

Corn field — This Center for Agricultural Profitability webinar features discussion by Ken Harrison, a crop insurance expert with more than 40 years of experience in the industry.

2024 Crop Insurance Prices and Decision Making

March 14, 2024

Agricultural economics experts discuss projected prices for the upcoming crop year, the importance of projected prices in managing risk exposure, and different insurance contract options for managing 2024 risk.

Woman analyzing spreadsheets and using calculator — Quicken is an easy program for people unfamiliar with accounting terms to use, making it a good place to start when changing from a hand-kept cash accounting system to computerized records. Nebraska Extension’s new virtual Quicken course will teach participants how to use the features of the program in a self-paced setting.

New Virtual Quicken Course for Farm and Ranch Record-keeping Offered by Nebraska Extension

February 27, 2024

The course will lead users through hands-on sessions to develop a simple set of financial records and reports using Quicken, with exercises based on a case farm to walk through practical applications.

Free Farm and Ag Law Clinics Set for March

February 27, 2024

Nebraskans can attend a free, in-person farm finance and ag law clinic in Fairbury or Norfolk in March, or call to arrange a virtual/phone appointment.

Couple and son laughing on farm beside tractor — Throughout each Center for Agricultural Profitability Returning to the Farm workshop, participants receive help from experts in developing estate and transition plans, setting personal and professional goals and improving the communication process between family members.

Returning to the Farm Workshops Set for March 8-9 in Kearney

February 15, 2024

This workshop series assists families and agricultural operations with developing financial plans and successful working arrangements to meet their unique needs.

Men look at phone in front of grain silos — Strategic planning is a dynamic process that requires continuous adaptation to changing circumstances and is most effective when it includes input from stakeholders, including family, partners, employees, and even customers, suppliers, and buyers. (CAP photo)

The Importance of Strategic Planning for Farmers and Ranchers

February 15, 2024

Center for Agricultural Profitability Director Larry Van Tassell discusses two steps that make planning strategic: defining the mission of the business, and assessing the external environment and its implications for the farm business.

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