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.
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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.
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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.
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2015 Nebraska Farm Real Estate Values

Nebraska agricultural land values declined two percent according to the recently published Nebraska Farm Real Estate Market Highlights 2014-2015 report. As of February 1, 2015, the weighted average farmland value for the state dropped over the prior 12-month period to $3,250 per acre.
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May Dairy Budget

May 2015 Iowa-Nebraska milk production budget showed improvement compared to April 2015. This improvement came from reduced cost of corn and a small improvement in milk price. That milk price improvement came about due to a significant increase in the butterfat price, just over 16 cents per pound, for the Central Federal Milk Market Order (FMMO). Even with that improvement in revenue, only the 24,000 pound per cow milk budget broke even for all economic costs.
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Cow/Heifer Breeding Costs

With cattle markets at record high prices cow-calf producers find themselves competing for production inputs at higher costs. In an effort to economize, questions that may arise might be "What is a breeding bull worth?" or "How much per calf are my breeding costs?"
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New Extension Blog

Robert Tigner, Red Willow County Extension Educator, has developed a new blog about farm and ranch management.
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Systemwide Crop Enterprise Budgets

An Excel spreadsheet that integrates 20 crop enterprise budgets for a single firm or system. This tool allows fixed costs, such as general farm insurance, accounting charges, repairs, utilities, and other overhead costs to be allocated across the various enterprises based on acres grown, crop gross, crop net of direct costs, hours spent in the field, or field fuel use. It also provides analyses based on cash and profitability. 
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Livestock Risk Protection Insurance for Fed Cattle

A new NebGuide the use of Livestock Risk Protection Insurance as a price risk tool for fed cattle producers.
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March Dairy Budget

Extension Educator Robert Tigner has prepared March budgets for dairy production.
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