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Articles written by Jessica Groskopf


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  • Engaging Agriculture: Ideas For Estate and Transition Planning: Monetary Compensation

    Jessica Groskopf, Nebraska Extension Agricultural Economist|Mar 14, 2024

    By Jessica Groskopf, Nebraska Extension Agricultural Economist For many farm and ranch families, bringing children or grandchildren into the operation is the ultimate goal. Successfully bringing additional family members into the operation may require some creativity, as all parties need to maintain a viable standard of living. This series of articles will highlight ideas and tactics for bringing another family member into the operation. One tactic is to provide new family members with monetary compensation, such as an hourly wage or salary. Th...

  • Paying family members on the farm or ranch

    Jessica Groskopf, Agricultural Economist, Extension Educator|Feb 29, 2024

    For many farm and ranch families, bringing children or grandchildren into the operation is the ultimate goal. Successfully bringing additional family members into the operation may require some creativity as all parties need to maintain a viable standard of living. This is the first in a series of articles that will highlight ideas and tactics for bringing another family member into the operation. One tactic is to provide new family members with monetary compensation, such as an hourly wage or...

  • 2021: Ag Risk Coverage or Price Loss Coverage for Corn Base Acres?

    Jessica Groskopf, Northwest Regional Ag Economist for Nebraska Extension|Mar 10, 2021

    The deadline to enroll in Farm Programs is quickly approaching on March 15, 2021. Producers have the option to change enrollment between Agricultural Risk Coverage (ARC) or Price Loss Coverage (PLC). But the question is, “which one should I choose?” Whatever your choice, you need to contact your local FSA office to schedule an appointment for enrollment. To answer the ARC vs. PLC question, first look at each farm’s “base acres.” Base acres refer to a farm’s historical plantings enrolled in farm programs and have a program commodity assigned to...

  • Survey: Panhandle Ag Land Values Decline

    Jessica Groskopf and Jim Jansen, UNL Extension Educators|Mar 23, 2018

    Preliminary results from the Nebraska Farm Real Estate Market Survey released by the University of Nebraska-Lincoln revealed that Nebraska Panhandle agricultural land declined in value for the reporting year ending Feb. 1, 2018. The average farmland value in the region is estimated to be $720 per acre. This is 5 percent lower than the prior year. This is the fourth consecutive year of market value decline. The eight major types of land reported in the survey declined in value from 2017-18 across the state. In the Panhandle, gravity irrigated...

  • Farm Bill program payments in for Panhandle

    Jessica Groskopf, Extension Educator UNL Panhandle Research and Extension Center|Dec 11, 2015

    Nebraska farms have received an estimated $550 million in farm-program payments from the U.S. Department of Agriculture Farm Service Agency as of Nov. 3 under new programs authorized in the Agricultural Act of 2014. Payments have been made to farms in the Nebraska Panhandle with corn, sorghum and oat base enrolled in the County Agricultural Risk Coverage (ARC-CO) program. No Price Loss Coverage (PLC) payments were made in Nebraska. ARC-CO payments are triggered when the average county revenue for a covered commodity is less than the county reve...

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