Nebraska Farm Business Inc.

• We use the FINPACK program to develop our analysis. It is a program that was developed by the University of Minnesota to give producers the data to

              manage their farm operation.

• We not only have the ability to benchmark your operation to producers that are similar to your size and your type of production agriculture within your

              county and state, we also have the abiltiy to compare your operation with the FINBIN database, allowing for comparison with producers that are similar in

              your size and your type of production agriculture within the rest of the United States!

With the majority of people maintaining cash basis records to prepare their tax return, the real picture of your operation's financial health is missing! The Farm Financial Analysis converts your cash basis records to accrual based, by taking out all the things you do for tax purposes. With accrual based financial statements you are able to see the true picture of your farm operation.

 Is the Analysis something for You?

  It could be the right answer if you want to:

• Understand their costs

• Make sound financial decisions

• Rise above the competition

• Make a good farm better

 Averages

Because the Farm Financial Analysis is completed for producers all around the state, we are able to compile our Annual Average Reports. The Average Books are used by producers, lenders, government leaders and for other financial measures.

If you would like more information, or to see previous years Annual Average Reports, check out the Average Books tab!

Other Benefits of the Financial Analysis

• Have the ability to get answers

             quickly to your "What If" scenarios

    by using a Cash Flow report.

• Get a good picture of your

              operation by comparing your

              Historical Data from one year to  

              the next.

The Whole Farm Analysis will provide you an overview of your farm for the year, including:

• Accrual Net Farm Income

• Earned Net Worth Change

• 21 Standard Financial Ratios

While one year provides this information, a committment to continued analysis over many years provides the best information for making decisions. As you build history, you will be able to see trends develop over the years.

Take the Whole Farm Analysis one step further with the Enterprise Analysis! 

You have the ability to take your Whole Farm Analysis and look at each Enterprise; know the income and expenses, profits and losses.  This will provide information that may be valuable in managing your inputs and marketing.

Enterprise Analysis such as:

•  Crop Tenure Type
•  Per Field
•  Farrowing vs. Finishing Hogs
•  Cow-Calf vs. Finishing Cattle
•  Per cwt.
•  Per Head

Over time the level of detail can be adjusted to meet the changes of your farm and your records.

 What You Will Need to Get Started:

• Beginning & Ending Balance Sheets that

              are as of December 31st

• Balanced Set of Records that are

               reconciled to the proper bank

               statements

• Crop & Livestock production Records

• If records are available, we can go back

              and build history from past years

If you don't have these, don't worry! We can help you gather the information to get started!

Meetings:

• We will meet with you to

          gather the necessary year-end

          information, balance sheets

          and other records, in

          December or January.

• Additional meetings can be

           scheduled, with no extra

           fees, to review your

           completed analysis with you

           in detail!

 The Farm Financial Analysis (FINPACK) provides you with balanced and complete information taking into account all aspects of the operation including non-farm income and expenses! Be able to see where your operation has areas for improvement, while being able keep your production agricultural operation competitive & successful!