Recently released data from the University of Nebraska Extension Service is showing losses for Nebraska grain farmers for 2015. Extension Educator Robert Tigner says the lower grain prices combined with static input costs are hitting balance sheets hard.

Tigner says he has calculated breakeven levels for the major commodities grown in Nebraska and just about every crop is in the red.

He says however, the hit to net farm income in 2015 isn’t going to be anything like the farm crisis in the 80s, largely because farmers aren’t as heavily leveraged and can weather the storm.

Plus he says more farmers in Nebraska are diversified and have made money on livestock the last few years.