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

Back to Search Results

Extension RME Regional Centers
Extension Risk Management Education Region Map

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

Outcomes

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

There are no educational materials available for this project.

REPORTS & EVALUATIONS

There are no reports or evaluations available for this project.

DELIVERY AREA

DESCRIBE ANY UNEXPECTED RESULTS OF THE PROJECT:

HOW WOULD YOU IMPROVE THE PROJECT IF YOU WERE TO DO IT AGAIN?

WHAT WERE THE KEYS TO SUCCESS FOR YOUR PARTICIPANTS?

INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES