Nebraska FARMcast - Farm and Ranch Management Center for Agricultural Profitability

Glennis McClure, an Extension Educator and FARM and Ranch Management Analyst with the University of Nebraska-Lincoln, joins to discuss the intricacies of farm and ranch operations’ financials at the start of the year. She talks about her new article on why traditional tax documents might not tell the full story of a farm's financial health and how accrual adjustments can offer a clearer picture.



Read more: https://cap.unl.edu/finance/net-farm-income-impacts-net-worth-growth

On this episode, we look at a critical decision point for cow-calf producers: whether to retain heifers for herd replacement or to opt for purchasing them. This decision can have implications on the operational goals, finances, and the herd’s genetic future for cow-calf operators. To explore what to consider in this decision-making process, we're joined by TL Meyer, a Livestock Systems Educator with Nebraska Extension, who has just authored a new article on the topic.



Read more at https://cap.unl.edu/livestock/retain-not-retain-heifer-dilemma

We learn about the work of Buy Fresh Buy Local Nebraska to connect Nebraskans to local farms and foods amid their 2024 membership drive. The organization, based at the University of Nebraska-Lincoln, offers members inclusion in their popular local food guide, published annually and distributed across the state. Interim Coordinator Charlotte Narjes joins to discuss.

Read more about the membership drive here or visit the Buy Fresh Buy Local Nebraska website.

Bringing children into the operation is the goal for many farms and ranches, but it can require some creative approaches so that everyone involved can earn a living. Jessica Groskopf, an extension educator and agricultural economist with the Center for Agricultural Profitability, is writing a series of articles for our website, cap.unl.edu, detailing ideas to help this transition process. She joins to discuss her first article in the series, about monetary compensation for family members.



Read more: https://cap.unl.edu/management/paying-family-members-farm-or-ranch

Dave Aiken, professor and extension agricultural law specialist at Nebraska, discusses two bills dealing with alien land ownership restrictions that have been introduced in the 2024 Nebraska legislative session.



https://cap.unl.edu/policy-legal/foreign-land-ownership-bills-introduced-nebraska-legislature-podcast

Applications for cooperative business development mini grants are now being accepted for 2024 by the University of Nebraska-Lincoln’s Nebraska Cooperative Development Center. The mini grants are available to both existing cooperatives and groups who are exploring or developing cooperative business models. The application is open through February 15th. UNL Cooperative Development Specialist Cindy Houlden joins to discuss.



Find out more and apply on the Nebraska Cooperative Development Center's website, https://ncdc.unl.edu.