Entries by UFARM Managers

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What Benefits Can Agricultural Drones Offer Landowners?

Technology continues to advance in many industries, and this is also true in agriculture, where farmers and landowners continually endeavor to make the most of their land and resources. Advances in precision agriculture, with the latest innovations in GPS mapping and all its applications in the field, are helping farmers tighten their profit margins, operate […]

Nebraska Harvest 2014 Progress

After a somewhat slow start to Nebraska Harvest 2014, favorable harvest weather allowed farmers across the state to make good gains this past week. Other than a chance of rain for northeast portions of the state midweek, the temperatures look to be above average, and farmers should be able to make further progress in the […]

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Latest Farm Bill’s Effects on Landowners

The Agricultural Act of 2014, more familiarly known as the Farm Bill, was finally passed in February, and since then the changes made in the final iteration of the bill are out in the open. Among the most significant changes for farmers and landowners—besides the end to direct payments—are the expanded insurance and revenue protection […]

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Effects Of Lower Grain Prices On Nebraska Land Values

As farmers across the state are becoming reacquainted with their combines, and are bringing in high yields, they are also dealing with lower grain prices. With grain prices heading south, it’s no surprise that Nebraska land values are being similarly affected. Nebraska farmland values remain strong, but a slow down is beginning to show. Non-irrigated farmland […]

Corn and Soybean Price Projections for Nebraska Farmers

After the USDA’s August WASDE report emerged with record corn and soybean yield volumes for the 2014 harvest, farmers braced themselves for the bearish trend in corn and soybeans prices to continue. The market didn’t disappoint; corn and soybean prices have continued their downward trend. While farmers prepare to head into their fields for harvest […]

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Leasing Land for Wind Energy Production

Farmers and landowners generally focus on the land beneath their feet. However, with the increasing amount of wind energy development across the Midwest, many are starting to look at the wind above their heads. There are several wind energy farms across Nebraska and they continue to expand in may rural areas. While increasing alternative energy […]

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Gifting Land to the Next Generation

One of the more difficult aspects of owning farm or ranchland deals with how that land will be transferred to the next generation. In particular, identifying the correct process by which to pass on that land to children is one of the most important parts of estate planning. The good news is that successfully gifting […]

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1031 Exchanges Coming to an End?

At some point during any farmer or landowner’s lifetime, they will likely be involved with the sale and acquisition of land. Deferring the capital gains tax on the sale of land to a later date by purchasing more land—in what is known as a 1031 exchange—is a common practice that has been employed for many […]