Updates Archive

August Dairy Budget

Below is a link to the budget for milk produced in August 2015. This budget showed improvement compared to July by as much as 49 cents per cwt. The 24,000 pound budget showed recovery of all costs including labor and management while the same budget did not in July. The 20,000 pound freestall budget showed only 26 cents per cwt. short of capturing all costs, due to a drop of $90 per cow in feed costs with income increasing by $21. The 24,000 pound budget had $26 more income per cow and $122 less feed cost.

Read more ⋙

A Historical Comparison of Heifer Replacement Costs

The value of heifer replacements is an interesting question which is affected by time (e. g. future cattle prices), animal longevity and the individual production and management system of the cow-calf producer. If we ignore the differences among producers we can study the effects that price and longevity have on the net value of replacement animals.
Read more ⋙

Annual Forage Insurance Plan Available

The Rainfall Index – Annual Forage Insurance Plan is a new pilot insurance program from the USDA – Risk Management Agency (RMA). It was first offered in 2014 for the states of Nebraska, North Dakota, South Dakota, Kansas, Oklahoma, and Texas and has expanded to Colorado for 2016. The Annual Forage Insurance Plan is designed to meet the production risk management needs of producers planting annual forage crops for use as livestock feed or fodder. This includes but is not limited to grazing, haying, grazing/haying, grain/grazing, green chop, grazing/green chop, or silage.
Read more ⋙

Working With Your Banker

Commercial ag bankers are in the business of making loans. But not just any loans. They want to make good loans. A good loan is somewhat subjective, but there are many factors that lenders evaluate to help them decide if you will be able to pay back both the principal and the interest, as well as maintain a mutually profitable, long-term business relationship.
Read more ⋙

Farm Lease Termination

Dave Aiken, Agricultural and Water Law Specialist, has prepared a handout discussing how farm leases may legally be terminated.
Read more ⋙

Syngenta Lawsuit: Who Will Win?

The following is a radio transcript of Professor Dave Aiken discussing a lawsuit against Syngenta. Audio available here.

In November 2013 China blocked US corn imports if the corn had traces of
Read more ⋙

July 2015 Dairy Budget

The net per cow per cwt. has improved compared to the June budget. The July budget shows that 24,000 lb. milk sales per cow met all costs of production and earned $0.76 per cwt or $206.97 annually. But that was the only budget that did. All other lost money when calculated for all costs. But all budgets did cash flow.
Read more ⋙

June 2015 Dairy Budget

The budgets show lower returns to milk in June primarily due to a more negative PPD than May.  Also butterfat and protein content declined from May but BF and protein prices did increase. Corn price was slightly higher but soybean meal rose by $48 per cwt and cottonseed by $34 per cwt.
Read more ⋙

Cover Crops for Prevented Planting Acres

Wet conditions have persisted across eastern Nebraska, and as spring planting winds down, some growers have been unable to complete their usual plantings.  These growers have a number of alternatives for the unplanted acres, including planting this ground to cover crops.  This article discusses several issues related to this alternative.
Read more ⋙

Marketing Plans for Your Livestock Operation

As we work into the first days of summer, now would be a good time to revisit your marketing plans. For those of you who don't yet have a marketing plan, now may be a good opportunity to start putting one together. Every operation should develop and maintain a marketing plan. These plans can be very simple to very complex, depending on your situation and level of detail. These plans need to be flexible and easily updated as things change.
Read more ⋙

Pages