Agricultural Budget Calculator

ABC banner.

Agricultural Budget Calculator

Live Trainings Scheduled

Virtual training sessions for beginning and advanced users will be held periodically between November 2021 and February 2022.

Training Schedule

2022 Crop Budgets

The 2022 Nebraska Crop Budgets are Available in the ABC Program

The University of Nebraska–Lincoln's Department of Agricultural Economics and Center for Ag Profitability invites ag producers and farm managers to view, download, and modify using the new Agricultural Budget Calculator (ABC) program. With ABC current crop budgets can be created and customized by field or farm, saved, updated, and used again for future production years. The new program allows producers to estimate their cost of production based on field operations expenses, machinery, labor, and material inputs. In addition, revenue projections are included to assist users in determining projected net returns above costs.

The University of Nebraska annual crop budgets are available in the system to draw information from, with individual UNL crop budgets available for download and use in the system. A risk module has been added along with breakeven price and yield analysis reports. The whole farm tab in ABC is ready now where individual enterprise budgets can be summarized with overhead expense allocations and reconciliations can be made. A whole farm cash flow feature is in the works currently with the livestock enterprise budget module coming soon.

The University's crop budgets, historically created in Excel, have always been intended as guides for producers to follow along with and to understand the cost factors that make up cash and economic cost of production. Now, technology allows users to enter their data online and produce financial reports and enterprise budgets in this new system Learning to use a program like the new Ag Budget Calculator, will assist you in customizing your farm and ranch enterprise budgets.

The ABC program link is: agbudget.unl.edu.

To create your own enterprise budgeting account, enter your email address and create a password that you can remember. Budgets that you create now and into the future will be saved in your account. There are help messages throughout the program using the question mark icon. Click on the icon to show or close the help messages.

We’re interested in user feedback, so please stay in touch as you have questions and comments about the ABC program.

The ABC program was initially funded by the Nebraska Soybean Board. Funding for this project is also provided by the North Central Extension Risk Management Education Center, the USDA National Institute of Food and Agriculture Award Number 2018-70024-28586.

Agricultural Budget Calculator Overview Video

Glennis McClure, extension educator and farm and ranch management analyst, provides an overview of ABC's interface and functionality.

Contact

Glennis McClure

Associate Extension Educator,
Farm & Ranch Management Analyst

gmcclure3@unl.edu
402-472-0661

This material is based upon work supported by USDA/NIFA under Award Number 2018-70027-28586.


North Central Extension Risk Management Education Center logo.
USDA NIFA logo.

Sign Up for ABC

Signup

Live Training Sessions

November through February

Register

ABC Recorded Tutorials

Watch

2022 Crop Budgets

The 2022 Nebraska crop budgets are now available within the Ag Budget Calculator program to download into your ABC program account. After one or more budgets are downloaded, they can be customized to reflect your own enterprises. Field operations, yearly rates and prices, and the materials and services input section can all be changed within the ABC program. With ABC enterprise budgets, revenue projections can be entered to evaluate net returns above costs for the upcoming crop year.

Crop Budget PDFs

The 2022 Nebraska crop budget reports are available as PDFs and Excel files, organized by crop.

PDFs and Excel

Upcoming Live User Training Sessions

For beginning and advanced users