National Ag News
Comparing costs between higher-profit and lower-profit operations
Nebraska Farm Business Inc. recently published its final farm financial averages report for 2016. Executive director Tina Barrett says one that area that she found especially interesting was the split between operations.
“When we look at the average income split by the high-profit one-third and the low-profit one-third, we see a spread of $416,344. Some of that is certainly due to the struggles in the livestock industry, especially the cattle feeding sector that experienced significant losses for a second year in 2016, but we are seeing that divide within the crop industry as well.”
Barrett says the average net return per acre for irrigated corn in 2016 was a plus $95.49 per acre for the high one-third and a minus $77.72 for the low one-third.
