With Brad Lubben, associate professor and policy specialist, Department of Agricultural Economics; Jeffrey Stokes, professor and Hanson-Clegg-Allen Chair in Agricultural Banking and Finance, Department of Agricultural Economics; and Eric Thompson, Karl H. Nelson Associate Professor of Economics and director of the Bureau of Business Research at the University of Nebraska-Lincoln.

Nebraska’s total net farm income is a little over 5% of the state’s total personal income on average. Those percentages rank Nebraska third highest of the 50 states and the highest percentage for any state with a population over 1 million.

This study is a joint collaborative effort of the Department of Agricultural Economics and the Bureau of Business Research within the Department of Economics and funded internally by the Institute of Agricultural and Natural Resources (IANR) of the University of Nebraska–Lincoln. It draws on substantial expertise in key issues affecting agriculture such as irrigation, natural resources, the agricultural equipment industry, and community economic development.

Read the full report at agecon.unl.edu/agimpact.

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

Nebraska FARMcast - Farm and Ranch ManagementBy Center for Agricultural ProfitabilityMay 12, 2023