Date of this Version
Cornhusker Economics, November 11, 1998, agecon.unl.edu/cornhuskereconomics
In the March 11, 1998 issue of this newsletter we discussed how projected cash requirements for the year could be distributed between enterprises. The objectives of that discussion were to arrive at 1) a budgeted cash requirement on a per acre basis to help determine crop insurance needs, and 2) a target price for each enterprise to help in pricing decisions. We suggested, however, that prioritization of cash requirements may be needed because yield and price protection may not be available at those levels or may cost more than you are willing to spend. The low prices we are currently facing increases this possibility.