farm

The risks of farming are great enough that few farmers are able to go their entire life without needing to restructure debt, alter payment terms, or access additional credit. It’s therefore important for every farmer to know some of the basic laws of debtors and creditors in Nebraska.

Commodity prices are constantly changing. The risk associated with these changes has a significant impact on the profitability of Nebraska farms and ranches. Besides supply and demand, foreign trade, federal farm programs, the value of the dollar, and market globalization contribute to price movement. Managing price risk can be a frustrating process and most producers believe they need to do a better job of marketing and pricing their production.