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January 14, 2015
Commodity Program Presentations
252.00$
Crop ARC Benchmark ARC Guarantee
2014 Actual
Revenue
Wheat_Winter … Reference Price
Reallocated
Base Acres
Benchmark
Price 2014
Corn 0.0 1.95$ …
August 5, 2016
Breakout session presentations
Adoption and Utilization of Precision Agricultural Technology
Terry Griffin & Noah Miller
Kevin Herbel, Gregg Ibendahl, Ajay Sharda, Ignacio Ciampitti, Brian McCornack
Risk & Profit
KFMA Membership
Benchmarking >1,500 peers across the state
The instrument
Focus on 10 technologies
• …
August 1, 2019
Breakout Sessions
Enterprise
2019 Risk & Profit
Individual Benchmark
2019 Risk & Profit
Individual … Risk & Profit
Individual Benchmark
2019 Risk & Profit
2019 Risk & Profit
State …
August 1, 2019
Breakout Sessions
Pays out when the county revenue falls below a benchmark revenue
Kansas State University … Payments are made if per acre revenue falls below 86% of benchmark
• ARC-Countybenchmark • 5‐yr Olympic avg. national MYA price X 5‐yr Olympic avg. county yield
• …
June 3, 2024
Recent Videos
enterprise analysis• Financial benchmarking• Income tax planning and … depreciation
https://agmanager.info/finpack/financial-benchmarking-tool
Agricultural Economics
Accrual …
July 22, 2024
Recent Videos
Plans are not advice, but benchmarks for you to compare your plans … much!
WTG Marketing Plans: Benchmarks for you to consider,and compare …
January 1, 2013
KFMA Newsletters
farms.
In addition to benchmarking using the whole-farm
information … whole-farm and
enterprise benchmarks can be found at the following …
April 6, 2018
KFMA Newsletters
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 …
November 26, 2024
2018 Farm Bill
Yield
Actual
County Yield
Benchmark
Revenue
Actual
Revenue
2019 … Yield Actual County Yield Benchmark Revenue Actual Revenue … Change in Price % Change in Benchmark Revenue
State: Kansas 2019 ERROR:#REF! 8.1244800000000073 0 3.7 3.7 3.56 64.48 73.319999999999993 238.58 261.02
County: Edwards 2020 ERROR:#REF! 0 0 3.7 3.7 4.53 75.95 98.41 281.02 445.8 0.17788461538461536 0 0.17788582446139645
Commodity: Corn 2021 ERROR:#REF! 0 0 3.7 3.7 6 70.900000000000006 92.87 262.33 557.22 -6.6491112574061845E-2 0 -6.6507721870329509E-2
Irrigation …
November 1, 2012
Animal Well-Being
handling. However, this benchmark exercise indicates that most …