Nebraska Farm Business Inc
The 2017 averages from farm and ranch operations serviced by Nebraska Farm Business, Inc. were recently released and show more polarization among healthy and non-healthy financial situations among the group. With the downturn in crop prices, operations that did not adapt are struggling.
Nebraska Farm Business, Inc. recently completed its financial averages for 2016. These averages represent producers across the state who participate in this financial analysis program. Nebraska Farm Business Inc. provides producers with a comprehensive analysis of the financial health of their business, including their accrual basis net farm income (the true earnings of the business), an earned net worth change, cost of production, 21 financial ratios, and more. Each year the data collected from these farms’ records is averaged to provide participants with information to benchmark their operations. Taking a closer look at these averages also indicates shifting trends across these farms and ranches.