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Nebraska Farm Business Inc.

Yielding Success Through Financial Management

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Farm Financial Analysis
Have you wondered what the actual average cost per acre for fertilizer was on irrigated corn in your farming operation?  Or how much your operating expense ratio was?  Ever wonder how your operation compares with your neighbor or the rest of the producers in your county?  Wonder no more.  We have the tools that can answer your questions!

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.







  • 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 ability 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!




 Is the Analysis something for You?


  It could be the right answer if you want to:

  • Understand your costs


  • Make sound financial decisions


  • Rise above the competition


  • Make a good farm better





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" scenario by using a Cash Flow report.

  • Get a good picture of your operation by comparing your Historical Data from one year to the next.





Whole Farm Analysis


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 commitment 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.


Enterprise Analysis

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 includes breakouts of:


  •  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!





  • 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!