Completed Project Report


Effective Budgeting, Negotiation, and Management Strategies for Agricultural Land

  • Award Amount: $28,506
  • Regional Center: North Central Extension Risk Management Education Center
  • Grant Program: 2020 Education Projects
  • Project Director: Jim Jansen
  • Email: jjansen4@unl.edu
  • Organization: University of Nebraska-Lincoln

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Project Overview

This project addressed the current business and financial issues for agricultural land management across Nebraska. Specifically, educational outcomes achieved by this project helped farms and ranches address business shocks by planning for current financial issues in land management, effective budgeting strategies, critical negotiation skills to deal with risk, and management practices for improved decision-making and profitability.

The target audience for this project included beginning producers, small farms or ranches, women producers, and allied stakeholders working with operations across Nebraska. Outreach for this project was delivered through 11 strategically located in-person or online meetings, approximately three hours in length, which reached 307 participants. Additionally, four locations featured an extended budgeting curriculum session, with 72 participants. Archived workshops were made accessible online via the University of Nebraska-Lincoln's Farm Real Estate website and remain open to the general public as a resource. 

Results achieved by participants in these workshops included: 76% reported enhanced planning to address current financial issues in the land industry, 65% integrated budgeting approaches to improve financial positions, 53% improved negotiation strategies for equitable and workable solutions to accommodate unforeseen events, and 58% advanced effective management practices to ensure the viability and longevity of the operation.

Number of Participants: 307

Results

Project Steps

PROMOTIONAL MATERIALS

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EDUCATIONAL MATERIALS

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REPORTS & EVALUATIONS

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DELIVERY AREA

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