Agriculture Commons^™

Details Matter: Getting People Involved, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

Sometimes getting people into the habit of community participation can be a bit challenging, but two aspects can help make this a little easier. The first is to make sure that there are no organizational barriers in participating, and the second is to realize that community participation happens on several levels and that each level has certain expectations. When these expectations are clearly stated, people are more easily motivated to get involved and stay involved.

Setting up engagement from the beginning requires thought and attention to detail. It can be insignificant things, like choosing a date or picking a location, …

An Economic Assessment Of Precision Conservation With On-Farm Precision Experiment Data, Karina A. Schoengold, Badri Khanal, Taro Mieno, David S. Bullock

Cornhusker Economics

Using a novel dataset that includes within field variation in productivity, we find that partial field retirement for a prairie strip can not only provide conservation benefits, but can also be economically beneficial. We note that these results are for a single field with one year of data, and that additional years of production and fields are essential to determine how much these results can be generalized. We also note that precision systems can be costly, and a comparison of outcomes with and without this information is essential to determine if investing in such systems is profitable. However, variable rate …

Hunting Lease Comparisons For Wild Game Across Nebraska In 2025, Jim Jansen

Cornhusker Economics

The Nebraska Farm Real Estate Market Survey and Report 2024-2025 provides insight into recent trends in the market value of land and cash rental across the state. Each year, the special feature section covers topics on new or emerging issues related to the agricultural land industry in Nebraska. These topics reflect the interest expressed by panel members and readership of the Nebraska Farm Real Estate Market Highlights Reports. The special feature section in 2025 focuses on hunting rental arrangements in Nebraska, including the types of wild game commonly hunted and the value associated with leasing these rights.

Landowners seeking to …

Four Nebraska Public Power District (Nppd) Irrigation Electricity Purchase Options, Matt Stockton

Cornhusker Economics

Farm managers are destined to face a myriad of choices while looking for and seeking the right balance between methods and outcomes that satisfy their individual farm’s needs. Successful farms require productivity, profitability, and continuity. This holds true for the many production choices made throughout the year. One of these opportunities is the purchase of electricity for irrigation. Nebraska is a unique state in that its electric power is generated and delivered by public power companies. The largest single entity in that system is NPPD, which serves all or part of 84 of the 93 counties within the state. NPPD …

Managing Undesirable Vegetation Transitions On The Landscape: A Study Of Perceptions Of Conservation Professionals In Nebraska And Montana, Anubrata Deka, Simanti Banerjee, Theresa Floyd

Cornhusker Economics

In this bulletin, we have provided a descriptive analysis of the perceptions of conservation professionals in Nebraska and Montana, two states where the rangeland ecosystem is facing a large-scale transition from native grasses to invasive trees and grasses. This analysis provides an initial understanding of the different factors that can influence adoption of policy initiatives by conservation professionals. When considered alongside insights into the management behaviors of ranchers—whose productivity and profitability are adversely affected by these transitions—this information helps form a more comprehensive picture of the ecological and economic impacts of UVTs, as well as strategies for their mitigation. In …

How Beliefs Shape What We Consider When Choosing What To Eat, Christopher Gustafson

Cornhusker Economics

What determines which foods we consider? One factor, certainly, is what we like to eat, and if liking what we eat were the sole relevant outcome of food consumption, there would be little to say about incomplete consideration. However, diet quality has important, well-documented effects on health outcomes (as well as other important considerations, such as differential environmental impact). Close to 75 percent of American adults are overweight or obese, which increases the likelihood that the individual will experience one or more serious non-communicable diseases. A food’s healthiness is an important consideration for many people when making food choices, but, …

Cropland Acres Vs Base Acres In Nebraska, Jessica J. Groskopf, Cory Walters

Cornhusker Economics

Discusses cropland acres versus base acres in Nebraska.

Veterinary Drug Residue Regulations In Major U.S. Export Markets, Elliott James Dennis, Akinbode Okunola

Cornhusker Economics

Trade agreements shape the global agricultural trade landscape, encompassing both tariff and non-tariff measures. Among the latter, sanitary and phytosanitary (SPS) measures such as maximum residue limits (MRLs) are gaining attention. As trade tensions escalate, there is growing concern that countries could use SPS measures as a tool of retaliation in international agricultural markets, as they are often a focal point in trade negotiations (Disdier and Marette, 2010; Disdier and van Tongeren 2010; Grant et al., 2015).

Larger Price Limits For Cattle Futures Contracts: Should We Pay Attention To That?, Fabio Mattos

Cornhusker Economics

The CME Group has recently announced an increase in price limits for its cattle futures contracts. This means that cattle futures prices now have a wider range to fluctuate on any given day, and the possibility of larger price fluctuations implies that traders may find larger gains as well as larger losses in their trading accounts at the end of the day. This is certainly something that people trading in futures markets should be aware of, but the change in price limits itself is just a regular update that happens every year. Let's take a closer look at this.

2025 Nebraska Custom Rates For Livestock-Related Agricultural Services, Glennis Mcclure

Cornhusker Economics

Conclusion

The 2025 livestock custom rates report serves as a valuable reference for cost benchmarking and service pricing in Nebraska’s livestock sector. While most rates have remained stable, producers and service providers should refer to multiple years’ reports to understand trends and regional variation. As always, actual service rates will vary based on job complexity, geographic location, provider availability, and market demand.

Participation in Future Surveys

To strengthen future reports, producers and service providers are encouraged to participate in upcoming surveys. Interested individuals may register at the following URL: https://cap.unl.edu/nebraska-custom-rates-survey-sign

The 2025 Custom Service Rates Related to Livestock Production in …

2025 Legislative Update, J. David Aiken

Cornhusker Economics

The 2025 Nebraska state Unicameral dealt with major state budget challenges but also managed to enact four bills affecting Nebraska agriculture and holding three other bills over for possible action in the 2026 legislative session. Enacted legislation dealt with a ban on laboratory-grown meat, the merger of state natural resource and environmental agencies, amending the 2024 paid sick leave initiative, and establishing a School Financing Review Commission. Agricultural-related bills carried over to the 2026 legislative session include modifying cattle feedlot brand inspection fees, inheritance tax reductions, and modifying the 2022 minimum wage initiative.

Foreign Aid, E. Wesley F. Peterson

Cornhusker Economics

According to a recent poll, United States adults think on average that about 26 percent of the federal government’s budget goes to foreign aid with some believing that more than half is put to that use. Public opinion surveys have returned similar results for many years with most respondents seeming to believe that this is far too generous often suggesting that something on the order of 5 percent of federal spending would be more appropriate. In fact, until recent efforts to eliminate foreign aid altogether, the actual amounts spent have represented one percent or less of the federal budget. The …

Nebraska National Agri-Marketing Association (Nama), Marissa Davis, Rosalee A. Swartz

Cornhusker Economics

NAMA PALOOZA, the 2025 Agri-Marketing Conference, was held April 9-11 in Kansas City, Missouri. The conference is an annual event that brings together National Agri-Marketing Association (NAMA) professional and student members. There are 27 professional chapters and 32 student chapters from across the United States and Canada. The conference is a great opportunity to foster connections between students and professionals in marketing, advertising, communications, promotion, sales, and public relations.

Nebraska Farm Finances In 2024: A Year Of Modest Recovery And Growing Financial Pressure, Tina N. Barrett

Cornhusker Economics

Nebraska Farm Finances in 2024: A Year of Modest Recovery and Growing Financial Pressure by Tina N. Barrett (Cornhusker Economics, May 21, 2025)

Section headers:

Net Income Recovery Falls Short of Historical Highs

Household Spending Steady Amid Income Fluctuations

Rising Debt and Shifting Balance Sheets

Liquidity Pressures Worsen

Interest Costs Add to Financial Strain

Capital Purchases Shift: Less Equipment, More Land

Crop Enterprise Analysis: Losses Mount Despite Input Savings

Crop Enterprise Analysis: Losses Mount Despite Input Savings

North Central Extension Risk Management Education Center, Part Ii: Outcomes And Impacts: Empowering Farmers, Transforming Futures, Sheila Aikanathan Johnson, Christine Lockert, Bradley D. Lubben

Cornhusker Economics

The North Central Extension Risk Management Education Center remains dedicated to helping American farmers and ranchers manage the unique risks of producing food for a global market. To date, we have funded 545 projects totaling over $20 million, reaching more than 175,500 participants. Collaboratively, these efforts reflect a growing commitment to equipping producers with the tools, knowledge, and support needed to make informed decisions, strengthen resilience, and ensure the long-term sustainability of agriculture across our region and beyond.

North Central Extension Risk Management Education Center, Part I: Helps Producers Manage Risks, Christine Lockert, Sheila Aikanathan Johnson, Bradley D. Lubben

Cornhusker Economics

Educating producers to manage risk and position their farm or ranch for future growth and success is the fundamental purpose of the Extension Risk Management Education (ERME) program.

The ERME program, funded by United States Department of Aagriculture’s National Institute of Food and Agriculture, provides training to help producers learn new strategies to manage complex and growing agricultural risks.

Established in 2001 and located at the University of Nebraska-Lincoln Agricultural Economics Department, the North Central Extension Risk Management Education Center (NCERMEC) has a long history of supporting risk management education programs serving producers in the region. NCERMEC, in conjunction …

Where Is Your Crop Insurance Agent? Understanding The Geographical Distribution Of Agents, Cory Walters, Nathan Delay

Cornhusker Economics

Following the modifications to the Standard Reinsurance Agreement (SRA) in 2010, there was limited understanding of the impact of policy changes on agent availability. Our objective is to construct a model of the equilibrium supply of crop insurance agents and to test hypotheses regarding the factors influencing agent concentration, such as commissions, competition, and risk. We developed a theoretical equilibrium model of the federal crop insurance market, which encompasses three tiers: insurance companies, agents, and farmers. The model incorporates key features of the federal program, including government-set premiums and the stipulation that agents cannot refuse coverage or modify premiums for …

Efficiency’S Role In Irrigation And Nitrogen Use, Matt Stockton, Shannon Sand

Cornhusker Economics

Summary

The WNIPI is a purely physical measure of I and N efficiency and was developed to determine efficiency winners in several TAPS contests. DRIN is a powerful tool in measuring the effectiveness of the dollars spent on I and N. It is a ratio of dollars returned as revenue in terms of dollars spent. The third measure, NRIN, is an overall measure of economic gain. It is the difference in money spent on I and N versus the revenue taken in and measures the volume of net returns. Both DRIN and the NRIN measure dollar effectiveness dependent on the …

Empowering Rural Communities: Unlocking Potential Through The Online Rural Economic & Community Vitality Graduate Certificate, Daniela Mattos

Cornhusker Economics

In today’s evolving economic landscape, rural Nebraska stands at a crossroads. While communities face challenges like population decline, job loss, and infrastructure needs, they also have enormous potential for growth, innovation, and resilience. The key to unlocking this potential lies in skilled, passionate leaders ready to shape the future.

The Rural Economic & Community Vitality (RECV) Graduate Certificate offered 100% online by the University of Nebraska–Lincoln’s Department of Agricultural Economics, provides a powerful platform to do just that. This 12-credit, no-prerequisite program is designed for individuals eager to create real, lasting impact in rural communities—whether you're already working in …

Economic Considerations For The Transition To Organic Farming: Insights From The 2023 Conference, Asa B. Stone, Katja Koehler-Cole, Ronald Christian Stephenson

Cornhusker Economics

Introduction

The Transition to Organic Farming Conference, led by Katja Koehler-Cole and sponsored by the Nebraska Extension and the USDA-TOPP (Transition to Organic Partnership Program), aimed to equip farmers with the essential knowledge for effective agronomic management. Focusing on overcoming challenges related to soil fertility and weed control, the conference served as a platform for both education and community building. It provided crucial insights into the economic considerations faced by farmers transitioning to organic practices, underscoring the economic complexities and benefits associated with this transition. The conference highlighted the need for comprehensive support systems to aid farmers in making informed …

Water Holding Capacity Of Soil And Resilience To Drought, Taro Mieno

Cornhusker Economics

For the past two years, I have been involved in an NSF-funded research project titled “RII Track-2 FEC: Supporting Rural Livelihoods in the Water-Stressed Central High Plains.” The overarching goal of this project is to evaluate the potential of microbials and biochar to enhance soil water holding capacity (hereafter, WHC), thereby improving drought resilience in crop production and reducing irrigation demand to slow aquifer depletion. Visit the project website for more details. A key component of this research is assessing the economic viability of these interventions, a task for which I am responsible.

To understand the economic benefits of increasing …

Nebraska Women In Agriculture Conference Marks 40 Years, Lindsey Mckeever, Sarah Sivits, Jessica J. Groskopf

Cornhusker Economics

The Nebraska Women in Agriculture program marked 40 years of educating and empowering females in farming, ranching, and agribusiness, with nearly 370 people attending its annual conference on February 20 and 21, 2025, in Kearney.

Nebraska Beef Cow Breeding Herd As Capital Stock, Richard Perrin, Margarida Noelia De Aguiar Cunha Souza, Lilyan E. Fulginiti

Cornhusker Economics

Throughout her lifetime, the capital stock value of a cow first rises as the size/quality of calves increase, then declines because there are fewer calves expected over her remaining lifetime. The value later in life begins to rise in anticipation of culling value.

We estimate the age distribution of the Nebraska cow herd every year, then we estimate the capital value of each cohort. Adding these values across ages and adjusting to 2015 prices, we obtain the series of capital values, measured in terms of 2015 dollars.

In addition, we calculate the value of the annual flow of services provided …

2025 Nebraska Farmland Values And Cash Rental Rates, Jim Jansen

Cornhusker Economics

The market value of agricultural land in Nebraska declined by 2% over the prior year to an average of $3,935 per acre, according to the 2025 Nebraska Farm Real Estate Market Survey. This marks the first decline in the market value of agricultural land in Nebraska since reaching the record non-inflation-adjusted statewide land value in the survey's 46-year history in 2024.

The University of Nebraska-Lincoln’s Department of Agricultural Economics annually surveys land industry professionals across Nebraska, including appraisers, farm and ranch managers, agricultural bankers, and related industry professionals. Results from the survey are divided by land class and summarized by …

Be Aware Of Basis Volatility When Using Price Risk Management For Calves And Feeder Cattle, Jay Parsons, Aaron Berger

Cornhusker Economics

Understanding basis volatility and the impact it has on the actual price received for calves or feeder cattle in relation to the CME Feeder Cattle Futures is important when considering price risk management opportunities. Currently, cattle markets are in a time frame where volatility appears to be like market conditions experienced in 2014 and 2015. These conditions should prompt producers to think through how basis volatility could impact the expected price they will receive for their calves or feeder cattle.

Consumer Acceptance Of Gene-Edited Food: The Role Of Knowledge, Trust, And Information, Anubrata Deka, Syed Imran Ali Meerza, Amalia Yiannaka

Cornhusker Economics

The research aims to assess consumer preferences and attitudes toward CRISPR applications in the food sector and estimate consumer willingness to pay for a food product developed using CRISPR technology to enhance food safety and confer health benefits. Additionally, the research assesses the impact of information provision on perceptions, attitudes and willingness to pay. Specifically, we consider the potential effect of both the nature of information provided (i.e., whether it emphasizes the differences between GM and CRISPR technology or not) and the delivery format (i.e., text versus video) used to present content-equivalent information. In this context, we also assess consumer …

The Employer/Employee Relationship: It’S More Than Just Hiring, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

For some businesses this year, they may be thinking about hiring one or more new employees. This is a big decision. Initially, they may be thinking, “Can this business support another employee?” That could be the easy question. The harder questions could be, “How do I find a good employee, and then what do I need to do to retain them?”

These questions are at the top of the minds of businesses all across the country right now. The workplace environment is subtly changing with current trends impacting both employees and employers. In a recently published article by the …

Reconciling The Paradox Of Positive Profit And Negative Cash Flow, Timothy Meyer

Cornhusker Economics

One of the paradoxes of business that accrual accounting sorts out is the reconciliation between cash flow (liquidity) and profit. The rest of this article is a summary of a case study/example utilized in Farm and Ranch Management to explain how profits and cash flow can be opposite, how this can be analyzed, and how the concept of financial feasibility and investment analysis can be used to make strategic farm and ranch decisions.

Nebraska Crop Budgets Updated For 2025, Glennis Mcclure

Cornhusker Economics

For the 2025 production season, 83 crop budgets were developed for Nebraska. These budgets show slightly lower per-unit costs compared to 2023 and 2024. The primary factor behind the reduction in input costs is the lower estimated costs of fuel and fertilizer. In most cases, machinery depreciation and opportunity costs remained relatively stable, while land values and rental rates increased slightly. Additionally, seed and interest costs also rose in the 2025 budgets. Budget scenarios for individual producers may vary depending on the timing of their input purchases and fluctuations in prices.

The Nebraska crop budgets are updated annually to serve …

Understanding Market Outlooks, Elliott James Dennis

Cornhusker Economics

As 2024 has concluded, many industry analysts will reflect on the market trends and forces that shaped 2024 to make improved decision making in 2025. This is a pivotal time to evaluate the factors influencing commodity markets and plan for the future. Market outlooks play a vital role in this process, offering agricultural producers and industry stakeholders valuable insights into price trends, production forecasts, and market dynamics. By analyzing data from government agencies, universities, and private firms, these outlooks help users anticipate and navigate market fluctuations, whether through short-term forecasts or long-term projections spanning decades. With advances in technology and …