LINCOLN, NEB. – Fertilizer prices have more than doubled since last year. Chemical, fuel, and labor costs are higher. Feed costs have surged. What’s a farmer and rancher to do about high input costs? The success of the farm and ranch operation this year could very well hinge on how well producers manage for the higher costs and volatility.
Nebraska Farm Bureau’s (NEFB) Inside Profitability Series on Feb. 16, 2022, at noon CT, will focus on managing the farm or ranch in a high-cost and volatile environment. The webinar will feature extension educators from the University of Nebraska with management tips and strategies for navigating the higher costs this year.
“No doubt one of the bigger challenges this year for crop and livestock producers will be managing for the higher costs. As part of our Inside Profitability Series, NEFB is giving tools and information to farmers and ranchers to help navigate these higher costs,” NEFB senior economist Jay Rempe said.
Speakers include Jessica Groskopf, University of Nebraska-Lincoln Extension Educator for Agricultural Economics, and Glennis McClure, University of Nebraska-Lincoln Extension Educator for Farm and Ranch Management.
“Those participating in the webinar will learn to recognize how higher costs are reflecting in the cost of production changes, identify key information important in making management decisions on cropping practices, input usage, and risk management, and create strategies for managing higher input prices,” said Rempe.
The webinar is free and open to the public and will be held using Zoom. To register, visit https://www.nefb.org/inside-profitability-series.
Nebraska Farm Bureau’s Inside Profitability Series is a series of webinars, podcasts, and social media events focused on producer profitability. The series will center on topics identified by Nebraska Farm Bureau members key to managing and maintaining economically viable farm and ranch operations.
The Nebraska Farm Bureau Federation is a grassroots, statewide organization dedicated to supporting farm and ranch families and working for the benefit of all Nebraskans through a wide variety of educational, service, and advocacy efforts. More than 55,000 families across Nebraska are Farm Bureau members, working together to achieve rural and urban prosperity as agriculture is a key fuel to Nebraska’s economy. For more information about Nebraska Farm Bureau and agriculture, visit nefb.org.