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Serving: NE

Crop budgets available from UNL

Curt Arens Field of sorghum
CROP BUDGETS: Fifteen different crops, including grain sorghum, and 83 different production scenarios are covered in crop budgets produced by the University of Nebraska. These budgets are useful to producers in planning costs, and developing cost of production and profit margins for 2021.
Crop budgets are available for 83 production budgets for 15 Nebraska crops.

The 2021 University of Nebraska-Lincoln crop budgets include 83 production budgets for 15 crops, as well as information on crop budgeting procedures, standard costs used and a production cost summary. One new spring wheat budget was added this year, No. 74, using southwest Nebraska land values.

Updated annually, these budgets are a valuable resource to Nebraska producers for managing the financial side of their crop production operation. The current UNL crop budgets provide both a cash cost per unit of production, and a total cost of production or economic cost per unit for each crop.

Budgets are grouped by crop and provided in two formats including a printable PDF file and an Excel worksheet that can be downloaded and updated to match your crop production operation and expenses. Detailed information on how these budgets were developed, along with machinery and ownership costs, general variables, and material and service pricing are included in the introductory pages.

The 2021 crop budgets were developed and edited by Robert Klein, Extension western Nebraska crops specialist, and Glennis McClure, Extension educator for agricultural economics. Contributing to the budgets in their specialty areas were Robert Harveson and Robert Wright, Nebraska Extension entomologists; Tamra Jackson-Ziems and Stephen Wegulo, Extension plant pathologists; Paul Jasa, Extension engineer; Chris Proctor, Extension educator for weed management; and Jay Parsons, professor for ag economics.

For complete details, or to download the 2021 budgets, visit cropwatch.unl.edu/budgets.

Source: UNL CropWatch, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.

 

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