Strengthening Nebraska's Agricultural Economy

Corn and soybean fields
Nebraska research documents yield increases from using corn-soybean rotations.

Rotation Impact on Irrigated Corn and Soybean Yields in Nebraska February 23, 2017

On most Nebraska rainfed farms, soybean and corn are usually rotated. On irrigated fields, however, the rotation sequence tends to shift to more years of corn between soybean, and in some cases, corn is grown continuously, year-after-year.

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fertilizer applicator in the field
Nebraska research shows that most NE growers can reduce their normal nitrogen rate in corn following alfalfa by applying the proper N credit. (Photo by Laura Thompson)

Cutting Costs Without Hurting Yields? Check Fertilizer N Rates in Corn after Alfalfa February 22, 2017

With tight crop margins for the 2017 growing season, many farmers are looking for ways to cut input costs without hurting yields. One way to do this is by giving the appropriate nitrogen credit when calculating how much N to apply to corn grown after a prior alfalfa crop.

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Photo of open laptop computer and farm records to input

Giving Your Farm a Financial Tune-Up February 21, 2017

It's common for producers to take their tractors and combines into the shop on an annual basis for a tune-up, but it seems less common for them to take time for a financial tune-up. While the equipment is worth a lot of money, the financial health of your business could be worth even more. This story outlines four steps to help you take stock of your farm or ranch finances and use them for informed decision making.

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Indicates an article in the Strengthening Nebraska's Agricultural Economy series

Comparing Generic Versus Name Brand Pesticides February 9, 2017

When can you save money on pesticides? Research in Nebraska and elsewhere indicates that often generic pesticides may offer similar control at lower prices than brand name products. There may be other reasons for using brand names, which are addressed in the article.

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tractor in a field
Given current low crop prices and thin operating margins, parents may be asked to guarantee payment of a child's debt when the younger producer is having difficulty repaying a loan. Parents may want to seek an objective, third-party assessment counsel when evaluating their potential risk.

Things To Consider Before Co-Signing A Loan February 9, 2017

Parents co-signing loans for their children is common in agriculture. Traditionally, it has happened when a younger producer needs a loan for major purchases such as land, livestock, or farm equipment. Given current low crop prices and thin operating margins, parents also may be asked to guarantee payment of a child's debt when the younger producer is having difficulty repaying a loan. While no one wants to see a financial loss for their children, parents need to carefully consider the potential for losing a significant amount of their savings before signing on the bottom line.

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Cover of 2017 Nebraska Crop Budgets
Cover of 2017 Nebraska Crop Budgets

Using the 2017 Crop Budgets to Focus on Costs January 20, 2017

The 2017 Nebraska Crop Budgets include 73 crop budgets representing most major Nebraska crops from corn to peas to wheat and a variety of production and irrigation systems. With the challenging agricultural economy, the budgets are one means to identify and focus on specific areas of crop production costs falling above typical costs for your system.

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sunflower herbicide efficacy table

Using Herbicide Prices and Efficacy Ratings to Select for Top Value January 17, 2017

Take time this winter to strategize your weed management plan. Use Nebraska Extension resources to study herbicide efficacy, mode and site of action, and approximate costs to select products likely to provide the most value in weed control.

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Loan Renewal Form

Preparing for Farm Loan Renewal Time January 10, 2017

Shortly before Christmas, I was watching a Christmas movie with my family about a farm family who was in jeopardy of losing the operation if they didn’t come up with the required payments by January 2. It made me wish the struggles of the real farm economy could be fixed in less than two hours. While this isn't possible, there are steps farmers can take to prepare for a meeting with their banker. This story outlines key points to consider.

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