UNL Center for Agricultural Profitability

Farming is more than just an occupation—it’s a way of life, often passed down from generation to generation. However, as farms transition from one generation to the next, differing perspectives on management, innovation, and farm direction can lead to friction within the family. Read the article below to learn more on how to balance old wisdom with new ideas on the farm.

https://cap.unl.edu/news/balancing-old-wisdom-new-ideas-farm/

While gifting works for some operations, some families are hesitant to engage in gifting strategies because the farm or the ranch needs access to those assets to remain viable. Read the article below to learn about gifting strategies that combine gifts with a lease agreement.

https://cap.unl.edu/news/ideas-estate-and-transition-planning-gift-leaseback/

Are you wondering whether or not an LLC is the right classification for your farm or ranch? The course below gives participants the opportunity to learn how to decide whether an LLC is the right entity structure for their operation, navigate the steps and costs of forming an LLC in Nebraska, and identify and avoid frequent legal and tax missteps through better business management.

https://unl.advance.nebraska.edu/courses/llcs-for-nebraska-farms-and-ranches

Are you seeking to better understand and manage your finances while using QuickBooks Online? Take a look at our NEW "QuickBooks Online for Farmers and Ranchers" course that just launched!

https://wia.unl.edu/news/new-course-quickbooks-online-farmers-and-ranchers-launches-june-5/

Is your family planning for a farm or ranch transitions in the future? Our Farm and Ranch Estate Planning Workshop can help you get practical guidance on succession and estate planning. Register today to secure your spot.

https://cap.unl.edu/news/farm-and-ranch-estate-planning-workshop-help-families-navigate-future-their-operation/

The beef industry has been the shining light of the agricultural economy recently. The outlook ahead is less clear with questions about policy that impact future directions for the industry. Students in the Krutsinger Beef Industry Scholars program in the College of Agricultural Sciences and Natural Resources at the University of Nebraska-Lincoln have had the opportunity to study many of the beef industry policy issues this spring.

https://cap.unl.edu/news/students-learn-about-tackling-tough-beef-industry-issues/

Join us tomorrow for our weekly webinar. This week we will highlight the custom rates from across Nebraska. Register now!

https://unl.zoom.us/webinar/register/WN_7Q5wy8R1QlO9gYNwiOmIPw #/

Dave Haupt spoke with KLKN in Lincoln this week about his decades of experience in ag lending and his post-retirement work in CAP's newest program offering confidential one-on-one financial analysis consultation for ag producers at no cost.

Find out more about the program and connect with Dave at https://cap.unl.edu/financial-analysis-consulting/

'Hopefully, they'll walk away with options': Decades-long financial expert gives free counseling to Nebraska farmers He's hosting workshops and will soon offer one-on-one counseling to those who need it, completely free and completely confidential.