Nebraska Crop Budgets Updated for 2025

For the 2025 production season, 83 crop budgets were developed for Nebraska. These budgets show slightly lower per-unit costs compared to 2023 and 2024. The primary factor behind the reduction in input costs is the lower estimated costs of fuel and fertilizer. In most cases, machinery depreciation and opportunity costs remained relatively stable, while land values and rental rates increased slightly. Additionally, seed and interest costs also rose in the 2025 budgets. Budget scenarios for individual producers may vary depending on the timing of their input purchases and fluctuations in prices. The Nebraska crop budgets are updated annually to serve as a resource for producers, agricultural managers, and professionals in developing their own enterprise budgets. These budgets provide valuable insights for identifying market opportunities using cost-of-production data, assessing input options, and making timely risk management decisions. Understanding projected enterprise costs can enhance confidence in the decision-making process.