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March 30, 2017
Financial Management, KFMA Research
How this affects the land marketcrop insurance, and what
one … and Robin Reid,
and for Crops, by Dr. Mykel Taylor. Pendell … custom hiring. Decision tools from Iowa State University …
February 12, 2024
Ag Law Issues
flooded for days, destroying crops and
killing cattle. In … into its business of making tools for sale to farmers. Under … could wipe out the stepped-up basis rule at death. That would …
February 2, 2024
Recent Videos
Will a Farm Bill be passed in an election year? Will there be another extension?
• Crop Insurance is permanently authorized, as is SNAP (food assistance)
Where we are at today…
Current issues
• … 2018 10‐year baseline was $867 billion
Preliminary Farm Bill “Baseline”
Congressional budgeting rules play an important role in the Farm Bill process
~84% is nutrition spending; some years nutrition debate causes delays
Comparing Base Acres to Planted Acres
Base acres from national FSA database, planted acres based on 2023 NASS surveysIn 2023, there were roughly 800,000 more planted acres of program crops than base acres
2018 Farm Bill Timeline
Election Period …
February 24, 2022
Recent Videos
Feed Costs
Where to start?
Good records are key
Do one enterprise at a time
Ex: Registered vs. Commercial herds, Backgrounding
Budget on a per head basis
Can/should do historical cost of production
and/or projection
Replacement Heifers
Two ways to handle this:
1.) Assume the costs of raising replacement heifers within the
cow/calf budget
• …
May 8, 2024
Ag Law Issues
factor in determining fair market value. It doesn’t
override … limited any deduction to the basis in the property. Because … evidence
offered as to the basis of the property, the deduction …
January 1, 2013
Land Leasing
Forms
what type of
pastures and crops are included? (Include
legal … Agreements
Leasing beef cows on a share basis can
have advantages for … with pasture, less
so for crop ground and less yet for livestock …
February 1, 2008
Water Policy
Assumptions on Irrigated Crop Production … 4
1. Crop Mix … Assumptions on Nonirrigated Crop Production …
August 1, 2011
Land Buying and Valuing
which is a computer-based tool to help agricultural land … “Determining Equitable Crop Share or Cash Rental Arrangements,” … Kastens, 2001)
focus on renting crop land. These publications …
August 1, 2018
Breakout Sessions
On-farm visits
* Accrual basis whole-farm and enterprise … Integrated tax planning, marketing and asset investment
strategies … Transporting
(Examples from Trusted Choice insurance)
Are you covered???
Crop:Crop-HailMulti-Peril (MPCI …
August 1, 2019
Breakout Sessions
Situation
$(20,000)
$30,000
$80,000
$130,000
$180,000
Retu
rns o
ver T
otal
Cos
ts
Net Farm Income Per Operator ‐ KFMA
Dryland Crop
Kansas State University … ARC/PLC ElectionNationally by Crop
Source: USDA (http://www.fsa.usda.gov/programs-and-services/arcplc_program …