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May 5, 2022
Financial Statements and Ratios
kfma … ibendahl
Debt Levels of KFMA Farms
Gregg Ibendahl
Introduction
Farmer’s … Farm Management Association (KFMA). By
historical measures …
April 6, 2018
KFMA Newsletters
… Agriculture?
Kevin Herbel - KFMA Executive Director
There is much variability and risk in the agriculture industry. Price variability, weather and yield variability, international
trade issues, changes in technology, changes to the tax code having direct impact on marketing and entity planning
decisions, legal matters, financial management risks, and relationships between business partners and family members.
Farmers make decisions in an uncertain, risky, ever changing environment. How do you manage and make decisions in
the midst of the variability and risk that is before you?
Many of us first think of production and price risk when considering risk management. Production planning and
enterprise diversification of your operation, crop rotation, crop insurance, and hedging and forward contracting are
some of the strategies available as you consider management in these areas. What do you use as a guide in making
these decisions? Regardless of how you manage the finances on your farm, in a period of tight margins and cash flow
constraints, financial management decisions increase in importance for farm managers. There is tremendous variability
between farms, in their financial position and cost structure, and in decision‐making. This variability means there is
room for you to change your situation for the better. However, before you can improve you must know where you
stand. Having a solid set of records, and benchmarking with those records to identify strengths and weaknesses, is the
place to start in developing a risk management plan for your operation. This will allow you to focus your management
efforts and to base your decisions on your information, your resources and your circumstances. As a farm decision
maker, you need to know your cost structure and to explore the markets that are available to you. Don’t rely on what
someone else says it costs to produce the products you raise. Know your costs and use your costs as you make these
decisions. Proactively manage the financial aspects of your farm or ranch. Seek to know and understand your business
better than anyone else. The investment of your time into this process is very important as you seek to manage today’s
environment successfully. Please let us know if we can help you in this process…we would welcome the opportunity!
Kevin
Tax …
September 30, 2019
KFMA Newsletters
http://www.agmanager.info/kfma … Progress
Anthony N. Ruiz - KFMA Professional Development … the theme of the Fall 2019 KFMA E-Newsletter. As I reflect …
July 1, 2019
KFMA Newsletters
http://www.agmanager.info/kfma … Insight
Anthony N. Ruiz - KFMA Professional Development … Officer
Welcome to our Summer KFMA E-Newsletter! As you read …
December 20, 2017
KFMA Newsletters
http://www.AgManager.info/KFMA … Farm’s Success?
Kevin Herbel- KFMA Executive Director
Do you … or for, your operation. KFMA Economists Jordan Steele …
April 12, 2018
Financial Statements and Ratios, KFMA Research
kfma … Debt Levels of KFMA Farms - An Examination of … Farm Management
Association (KFMA) is20%. While this num-
ber is …
October 15, 2018
KFMA Newsletters
… … Articles in this issue of the KFMA Newsletter discuss income tax management in the new era of the Tax Cuts and Jobs Act
(TCJA) and ask you to consider how you make machinery management decisions for your operation. Decisions made
today, related to these and other areas of management, will impact your farm and your family’s future.
New tax legislation – articles addressing how to manage within these new rules
In one of these articles, Craig Althauser examines how tax management decisions look different with the TCJA in place
and considers the tax planning process in a time of lower income for many farms. Chelsea Fullerton and Amy Boline
provide an assessment of the new depreciation rules in the TCJA, exploring the many changes and complexity brought
about, including how machinery trades will affect taxable income much differently than what we have been used to.
Machinery and equipment costs
How do you make machinery related decisions on your operation? Do you understand your machinery costs and the
impact of machinery replacement decisions on your financial position? Travis Heiman discusses crop machinery
investment and crop machinery cost, looking at some of the factors to consider as you manage this important part of
your farm efficiently.
Decisions made today will impact your farm and family’s future. Your opportunity to make those decisions well, will be
greatly enhanced if you have a good set of records, if you understand your financial position and if you can assess the
impact of a decision accurately. Let us know if we can help you manage effectively today and for your future
Kevin
Income …
June 28, 2018
KFMA Newsletters
… Environment
Kevin Herbel- KFMA Executive Director
While th … While the agriculture sector continues in a period of tight margins and cash flow constraints, the average net farm
income for KFMA member farms increased to …
June 28, 2017
KFMA Newsletters
http://www.agmanager.info/kfma … 2016 KFMA numbers are in…Average … continue
Kevin Herbel- KFMA Executive Director
As expected …
September 28, 2017
KFMA Newsletters
http://www.AgManager.info/KFMA … Your Numbers
Kevin Herbel- KFMA Executive Director
Articles … Articles in this issue of the KFMA Newsletter discuss proactively …