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April 25, 2018
Land Buying and Valuing
Mykel TaylorAssociate ProfessorK‐State Dept. of Agricultural Economicsmtaylor@ksu.edu
Current Economic Conditions
Returns to Farming
Source: KFMA Enterprise Reports (http://www.agmanager.info/kfma)
Net Farm and Ranch Income
$(20,000)
$30,000
$80,000
$130,000
$180,000
Retu
rns o
ver T
otal
Cos
ts ($
/ac)
Net Income Per Operator
Dryland Crop
Cowherd
Average Net Farm Income
$(10,000)
$10,000
$30,000
$50,000
$70,000
$90,000
$110,000
($/a
c)
Farm Family Living Expenses
$20,000
$40,000
$60,000
$80,000
Total Family Living Expenses …
Summary Book - All Counties
Management Associations
www.kfma.ksu.edu
K-MAR-105 Association … Herbel
2011 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …
Summary Book - All Counties
irrigated corn yield in the
enterprise analysis was almost 206 bushels … Review the non-irrigated enterprise summary starting on page … page 24 and the irrigated
enterprise summaries that begin on page …
Summary Book - All Counties
Management Associations
www.kfma.ksu.edu
K-MAR-105 Association … 20 13 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …
Annual Book
average net farm income in 2005. The value of farm production … 4,524 or 1.5 percent, from 2005. Income from livestockenterprises and government payments
declined … similar in 2006 compared
to 2005 for cash crop dryland farms …
Summary Book - All Counties
Dorado, KS
67042
316-321-1371
KFMA NW Association
Economists
Jordan … 25
Total Membership = 280
KFMA NC Association
Economists
Trenton … 79
Total Membership = 425
KFMA NE Association
Economists
Craig …
Summary Book - All Counties
Associations
www.agmanager.info/kfma
K-MAR-105 Association
www.kmar105.com
Department … Herbel
2009 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …
Summary Book - All Counties
Associations
www.AgManager.info/KFMA/
K-MAR-105 Association … Dikeman
2015 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …
Summary Book - All Counties
Management Associations
www.kfma.ksu.edu
K-MAR-105 Association … Herbel
2011 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …