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2021 Risk and Profit Conference Recordings
Economics
Survey and Study• Survey of KFMA Member Farms with employees – … Similar survey completed in 2001‐02, 2008‐09, 2013‐14• Purpose was to explore labor management practices on Kansas farms• … Economics
Assessing the Labor Need
Do I need an employee or additional employees?◦How is this measured?◦ KFMA Farm Business Analysis and Management Factors◦ …
Executive Summary
report of whole farm and enterprise cost-of-production analysis … analysis information. The
KFMA Economists, association support … each year. More detailed KFMA analysis information for …
Executive Summary
report of whole farm and enterprise cost-of-production analysis … analysis information. The
KFMA Economists, association support … each year. More detailed KFMA analysis information for …
Executive Summary
report of whole farm and enterprise cost-of-production analysis … analysis information. The
KFMA Economists, association support … each year. More detailed KFMA analysis information for …
Executive Summary
report of whole farm and enterprise cost-of-production analysis … analysis information. The
KFMA Economists, association support … each year. More detailed KFMA analysis information for …
Summary Book - All Counties
Associations
www.AgManager.info/KFMA
K-MAR-105 Association … Dikeman
2020 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …
September 1, 2022
2022 Ag Lenders Conference Presentations
history◦ Recent grain prices◦ KFMA farm expenses
Covers all … years
Expenses◦ Use of KFMA data◦ Developed at theenterprise level to account for different … Economics
44%
14%
11%
14%
22%
15%
7%
10%
14%
26%
70%
42%
11%
9%
14%
12%
32%
15%
3%
42%
48%
29%
62%
62%
54%
47%
55%
68%
59%
55%
41%
8%
31%
61%
64%
49%
57%
32%
52%
83%
23%
18%
27%
24%
27%
32%
31%
30%
25%
31%
31%
33%
22%
27%
28%
27%
37%
31%
36%
33%
14%
35%
34%2002
2003
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2005
2006
2007
2008
2009
2010
2011
2012
2013
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2015
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2017
2018
2019
2020
2021
2022
100 …
December 4, 2013
ERS Total Costs/cow: 2002 ‐ $974; 2008 ‐ $1,121; 2012 ‐ $1,317
• … in costs of top & bottom 1/3 KFMA producers
• Producer w/ $850/cow costs: $813/heifer (10 yrs) NPV
• … 29.0%
Remain the same but add/grow other enterprises 4.7% 6.2%
Contract by 1% to 10 …
Summary Book - All Counties
Management Associations
www.kfma.ksu.edu
K-MAR-105 Association … 20 14 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …
Summary Book - All Counties
Management Associations
www.kfma.ksu.edu
K-MAR-105 Association
www.kmar105.com
Department … Herbel
2010 MEMBERSHIP
KFMA EconomistsKFMA EconomistsKFMA Economists
Association …