"2005 Nebraska Farm Business Data" by Tina N. Barrett

Agricultural Economics, Department of

 

Cornhusker Economics

Date of this Version

May 2006

Document Type

Newsletter Issue

Citation

Cornhusker Economics

Comments

Published in Cornhusker Economics, 05/03/2006. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

Following a year of climbing fuel prices, tough crop prices and average yields, I really didn’t expect to be reporting record high net farm income for the State of Nebraska, but that’s the news I have to report. Net Farm Income for 2005 was $83,095, up 5 percent over last year’s record high income. I was really surprised as the averages were coming in, but it didn’t take long to understand where the numbers were coming from.

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