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2023

Life Sciences

Farm finance

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2024 Nebraska Crop Budgets — A Mixed Review With Some Costs Higher, Some Lower, Glennis Mcmclure Nov 2023

2024 Nebraska Crop Budgets — A Mixed Review With Some Costs Higher, Some Lower, Glennis Mcmclure

Center for Agricultural Profitability

While field operation costs are projected higher for the 2024 Nebraska crop enterprises, some material input costs are lower than were projected for 2023. One driving force on lower cost projections for 2024 is 20% to 40% less on fertilizer prices is factored in on many budgets, and five pounds less nitrogen fertilizer was entered for a majority of the corn budgets due to continued improvement of application practices. Cost scenarios for individual producers can vary based on their timing of input purchases and price variabilities. The 84 1Nebraska crop budgets are now available online in three formats with a …


What Is Irs Section 180 And How Does It Work?, Shannon Sand Nov 2023

What Is Irs Section 180 And How Does It Work?, Shannon Sand

Center for Agricultural Profitability

With recent land purchases, some are asking questions to learn more about IRS Section 180 and how it may provide tax deductions in the year of purchase. Let’s explore more about this tax code.

What is this code, you may be asking yourself, and what may it have to do with the purchased ground?