Agricultural Economics, Department of

Center for Agricultural Profitability

The Interdisciplinary Center for Agricultural Profitability, approved March 11, 2021, supports informed decision-making in agriculture through applied research and education by facilitating faculty research, conducting outreach related to agricultural profitability, and training undergraduate and graduate students.

The Center for Ag Profitability builds on strengths present in the University of Nebraska-Lincoln’s Department of Agricultural Economics through collaboration with other research and education units within IANR and the University of Nebraska system. It aims to serve agricultural producers, agribusiness professionals, and the economy in Nebraska and beyond.

The center focuses concerted effort among social science, biological, and engineering disciplines to provide the research and educational programs required to keep Nebraska’s farmers and ranchers financially healthy.

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2025

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Understanding Market Outlooks, Elliott James Dennis

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Veterinary Drug Residue Regulations in Major U.S. Export Markets, Elliott James Dennis and Akinbode Okunola

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Cattle Budgeting Now Available in the Agricultural Budget Calculator Program, Ryan Evans

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Passing the Torch: Ag Census Data Highlights Nebraska’s Need for Farm Transition Planning, Zoe Ganzman, Jessica J. Groskopf, and Anastasia Meyer

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Verbal Leases: What Happens If Someone Dies?, Jessica Groskopf

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Navigating Farm Succession Without a Family Heir: 7 Common Concerns, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: Advisory Team, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: Embracing Change and Coping with Loss, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: Everyone Needs These Documents, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: Leasing Land to Non-Related Parties, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: Option-to-Buy Agreements with Non-Related Parties, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: Right of First Offer and Right of First Refusal, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: Selling Assets During Life, Jessica J. Groskopf

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Navigating Farm Succession Without a Family Heir: The Question, Jessica J. Groskopf

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Terminating a Verbal Farmland Lease in Nebraska, Jessica J. Groskopf and J. David Aiken

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Leveraging the Price Slide: A Marketing Opportunity Amid Record-High Prices, TaraLee Hudson and Elliott James Dennis

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The Steer-Heifer Price Difference: Implications for Herd Expansion, TaraLee Hudson and Elliott James Dennis

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USDA Reports on Land Values and County-Level Cash Rent Estimates in Nebraska for 2024, Jim Jansen

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Custom Rates for 2025 Field Operations, Glennis McClure

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Balancing Old Wisdom with New Ideas on the Farm, Anastasia Meyer

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Considerations for Leasing: Cash Rent vs. Crop Share, Anastasia Meyer

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Annual Forage Insurance as a Risk Management Tool, Shannon Sand

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Pasture, Rangeland, Forage Insurance as a Risk Management Tool, Shannon Sand

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Who Needs to Fill Out a 1099?, Shannon Sand

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Understanding the Cost of Bulls and How to Maximize Your Herd’s Profitability, Randy Saner

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Strategically Insuring Your Farm: The Rise of Micro-Captive Insurance, Cory Walters

2024

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Are You Ready for a Different Workplace Environment?, Cheryl A. Burkhart-Kriesel

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Feeder and Live Cattle Markets Face Mixed Signals as Fall Approaches, Elliott James Dennis

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2021 Nebraska Feedlot Labor Survey, Kimberly J. Enger, Elliott James Dennis, Galen E. Erickson, and Andrea Watson

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Ideas for Estate and Transition Planning: Gifting, Jessica Groskopf

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Ideas For Estate and Transition Planning: Gift Leaseback, Jessica Groskopf

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Paying Family Members on the Farm or Ranch, Jessica Groskopf

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The Basics of Loans for Farmers and Ranchers, Jessica Groskopf

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Avoid Year-End Operating Loan Pitfalls, Jessica J. Groskopf

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Ideas For Estate and Transition Planning: Gifting Ownership, Jessica J. Groskopf

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Terminating a Verbal Farmland Lease in Nebraska, Jessica J. Groskopf and J. David Aiken

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Aging in Place in Rural Nebraska: Homecare Worker Cooperatives, Cythia Houlden

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Cover Crop Utilization, Implications for Cropland Lease Arrangements in 2024, Jim Jansen and Jeff Stokes

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Nebraska Crop Budgets 2025, Robert Klein and Gelnnis McClure

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Sizing Up the Farm Bill Safety Net, Brad D. Lubben

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Setting Custom Rates for Fall Harvest, Gelnnis McClure

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2024 Nebraska Custom Rates: What to Charge?, Glennis McClure

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Determining a Fair Rent for Farm Buildings, Glennis McClure

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Net Farm Income Impacts Net Worth Growth, Glennis McClure

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Budgeting Family Living into Cost of Production: Why It Matters for Farm and Ranch Families, Anastasia Meyer

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Estate Planning: Stepped-Up Tax Basis, Anastasia Meyer

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How To Communicate Your Estate Plan to Family When Dividing Assets Unequally, Anastasia Meyer

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Retaining Heifers: Is It Worth It?, Tonya L. Meyer

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Branching Out: Harnessing the Power of Decision Trees, Jay Parsons

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Framing Strategic Risk and a Look at the Calf Retention Decision, Jay Parsons, John Hewlett, Elliott James Dennis, and Jeff Tranel

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What Do Ongoing High Interest Rates Mean for Ag Producers?, Jay Parsons, John Hewlett, and Jeff Trandel

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Interest Rates: Suggestions for Management, Jay Parsons, John Hewlett, and Jeff Tranel

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The Corporate Transparency Act: A New Reporting Requirement Affects Many Agricultural Businesses, Jay Parsons, John Hewlett, and Jeff Tranel

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Maximize Profitability by Choosing the Right Corn Hybrid, Matt Stockton

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Bull Value Cow-Q-Lator (BVCQL): What It Is and How To Use It, Matt Stockton, Shannon Sand, and Randy Saner

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The Importance of Strategic Planning for Farmers and Ranchers, Larry Van Tassell

2023

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Nebraska Approves Pass-Through Entity Tax Bill, Tina N. Barrett

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Nebraska Extension educators bring entrepreneurship education to Georgia and Armenia, Molly Brandt, Marilyn R. Schlake, and Ryan Evans

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Early Herd Rebuilding Could Happen Through the Bred Cow Market, Elliott James Dennis

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Heifers on Feed Indicate Long-Term Liquidation Still Occurring, Elliott James Dennis

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High Culling Continues to Impact Beef Market, Elliott James Dennis

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Higher Cattle Prices Are Good but Wide Profit Margins Are Better, Elliott James Dennis

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The Changing Cost of Cattle Transportation, Elliott James Dennis

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New Loan Payment Calculator Tool Launched, Jessica Groskopf

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What Happens to Your Farm or Ranch if You Become Disabled?, Jessica Groskopf

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Are You a Farmer or Rancher Over 18? It’s Time for an Estate Plan, Jessica J. Groskopf

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Terminating a Verbal Farmland Lease in Nebraska, Jessica J. Groskopf and J. David Aiken

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One-Participant 401(k) as a Tool for Farmers and Ranchers, Jessica Groskopf, Cory Walters, and Doug Nelson

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One-Participant 401(k): Saving for Retirement and Reducing Taxes, Jessica Groskopf, Cory Walters, and Doug Nelson

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USDA Reports on Land Values and County-Level Cash Rent Estimates Across Nebraska in 2023, Jim Jansen and Jeff Stokes

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2024 Nebraska Crop Budgets — a Mixed Review with Some Costs Higher, Some Lower, Glennis McMclure

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Harvest Operations - Own it or Hire it?, Glennis McMclure

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Ag Lenders Offer Insight on Conditions for Nebraska Livestock Producers, Jay Parsons

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Managing Calf Market Risk with LRP in 2023, Jay Parsons

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Managing Market Volatility in 2023, Jay Parsons, John Hewlett, and Jeff Tranel

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What is IRS Section 180 and How Does it Work?, Shannon Sand

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Tax Accounting vs. Managerial Accounting: What Is the Difference and Why Does It Matter?, Shannon Sand and Matt Stockton

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Marketing Calves with Blemishes, Randy Saner

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What Did Higher Profit Cow-Calf Producers Do to Be More Profitable?, Randy Saner

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Do Only Americans Own America? Foreign Investment in Agricultural Lands in the United States, Larry W. Van Tassell

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How Much Nebraska Ag Land is Owned by Foreign Entities?, Larry W. Van Tassell

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Technology Use Growing on Nebraska Farms and Ranches, Larry W. Van Tassell

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Using Breakeven Analysis for Better Decisions, Larry W. Van Tassell

2022

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Tensions Surrounding US Beef Exports to China, Elliott James Dennis

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The Impact of Low Stocks-to-use Ratio and the Ukraine-Russia Conflict on the Distillers-to-Corn Price Ratio, Elliott James Dennis

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Value of Gain on Winter Backgrounded Cattle, Elliott James Dennis

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Regional Minimums in the U.S. Beef Complex, Elliott James Dennis and Bradley Lubben