Search
Displaying 131 - 140 of 161
Annual Book
Association 2009 Membership Map … income computed on an
accrual basis minus accrual feed purchased … worth) computed on an accrual basis. Partnerships
are counted …
Summary Book - All Counties
The 2014 Profit‐link Summary and Analysis information was processed from the farm records of participating Kansas
Farm Management Association members from 17 counties of Northwest Kansas. The location of the participating members is
shown in the map on page 3. One hundred … 014 averaged 52 bushels per acre. Review the non‐irrigated enterprise summary that begins on page
23 and the irrigated enterprise summary that begins on page 49.
Beef Cow‐calf operations that sell weaned calves experienced an improvement in their Net Returns above Variable cost
in 2014 to $516.46 per cow compared with $100.70 in 2013. This was due to higher market prices and the help of the Livestock
Forage Disaster Program. Feed cost for Cow‐calf operators decreased from $598.93 in 2013 to $545.65 in 2014.
We hope you will find the information useful and insightful for evaluating the KFMA, NW members in general and your
farm in particular. If you want to know more about how your farm compares to similar farms, and you are currently not a
member of the Farm Management Association, NW, consider giving us a call. We are taking applications for membership in all of
the KFMA, NW area.
Sincerely,
…
Summary Book - All Counties
May 1, 2017
Dear Farm Managers and Friends,
The 2016 Profit‐link Summary and Analysis information was processed from the farm records of participating Kansas
Farm Management Association members from 17 counties of Northwest Kansas. The location of the participating members is
shown in the map on page 3. One hundred sixty‐four (164) farms were summarized and represent 65% of the Farm
Management Association, NW 2016 membership. The Association Economists and staff of the KFMA, NW wish to say “thank
you” to these families for their efforts in keeping records complete enough for analysis and for sharing their data to be utilized
in this summary. Additional appreciation is extended to the Association support staff and the individuals at the KMAR‐105
Association for their part in this analysis work.
With net farm income dropping dramatically from 2014 to 2015, we saw a slight bounce back in 2016 to a net farm
income of $389. Although the average net farm income was a small positive, there is a variation of income across farms. On
page 6 you can see a comparison of farms by net income quartile groups. The bottom 25% (41 farms) averaged $‐189,786 of
net farm income, while the top 25% (41 farms) averaged $180,734 of net farm income. The change upward in 2016 average
net farm income was an increase of 4% in value of farm production from an average of $722,590 in 2015 to $751,325 in 2016.
Total expense increased 3.5% in 2016 from an average of $725,561 in 2015 to $750,936 in 2016.
Crop yields were mostly better in 2016 than 2015. Dryland yields were higher than the previous year. Irrigated corn
and soybean yields were actually lower than the previous year while irrigated wheat and milo yields improved from 2015.
Dryland wheat averaged 66 bushels per acre while dryland corn and milo averaged 107 and 87 bushels per acre, respectively.
Dryland soybean yields averaged 39 bushels per acre. Irrigated corn yields were down to an average of 199 bushels per acre
and irrigated soybeans averaged 51 bushels per acre. Irrigated wheat yields in 2016 averaged 81 bushels per acre and
irrigated milo average 119 bushels per acre. Review the non‐irrigated enterprise summary that begins on page 26 and the
irrigated enterprise summary that begins on page 58 for more details.
Beef cow‐calf operations that sell weaned calves experienced a negative net return of $‐32 above variable cost in
2016. Feed cost for cow‐calf operators decreased from $500 in 2015 to $402 in 2016 which will become more and more
important for cattle producers to control feed and non‐feed costs to get back to positive returns.
We hope you will find the information useful and insightful for evaluating the KFMA, NW members in general and
your farm in particular. If you want to know more about how your farm compares to similar farms, and you are currently not
a member of the Farm Management Association, NW, consider giving us a call. We are taking applications for membership in
all of the KFMA, NW area.
Sincerely,
Mark A. Wood …
Summary Book - All Counties
participating members is shown in the map on page iii. One hundred … Without discrimination on
the basis of race, color,
religion … FARM ANALYSIS INFORMATION
Map of Association, Directors …
Summary Book - All Counties
Farm Income by SC County (map … Income/Worker80 49,498
Per Operator Basis
Total Assets81 2,722,672
Value … 2019, of which $56,301 wer e Market Facilitation Program
(MFP …
Summary Book - All Counties
May 1, 2018
Dear Farm Managers and Friends,
The 2017 ProfitLink Summary information processed farm financial records for participating Kansas Farm
Management Association, NW members from 17 counties in northwest Kansas; the map on page 3 shows the cou … ans averaged 30.6 bu/ac and irrigated soybeans averaged 61.7 bu/ac. Hay production was good as well and
alfalfa yielded 3.72 ton to the acre. See page 39 for more details on the dryland crop enterprises, page 53 for irrigated crop
enterprises, and page 63 for the feed crop enterprises.
Cattle operations experienced positive returns primarily due to an upward moving feeder cattle market; however,
cull cow …
Summary Book - All Counties
FARM ANALYSIS INFORMATION
Map of Association, Directors, KSU, …
Summary Book - All Counties
– Ranked by Net Income (map … Income/Worker81 138,053
Per Operator Basis
Total Assets82 3,075,625
Value … net
worth computed on an accrual basis.
8
Li
ve
st
oc
k
V
al
ue …
Summary Book - All Counties
in northwest Kansas; the map on page 3 shows the counties … 85,345 per farm average 2019 Market Facilitation Program payment … see page 9 for the whole map. Value of Farm Production …
Summary Book - All Counties
– Ranked by Net Income (map … Income/Worker81 198,683
Per Operator Basis
Total Assets82 2,898,794
Value … 23.34% 7.56%
*2018 & 2019 Market Facilitation Payments
2020 …