Declining Profit Margins - A 10 Year Trend

Authors

Larry Bitney, University of Nebraska-Lincoln

Date of this Version

6-23-1999

Citation

Cornhusker Economics, June 23, 1999, agecon.unl.edu/cornhuskereconomics

Comments

Copyright 1999 University of Nebraska.

Abstract

In the May 12 issue of this newsletter, Gary Bredensteiner discussed the drop in farm income for 1998. He used data from the Nebraska Farm Business Association (NFBA) and the Nebraska Farm and Ranch Management Program (NFRMP) annual summaries to show the impact on typical farms. Low prices for all major commodities was the primary cause of the sharp reduction in income for 1998.