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December 6, 2017
subtracts line 33 from 31)
Copyright 2017 AgManager.info, K‐State Department of Agricultural Economics
INCOME STATEMENT for … Date:
Farm Business Receipts:
1A) Crop Cash Sales …………………………………………………………….
1B) Ending Crop Inventory ………………………………………………….
1C) Beginning Crop Inventory …………………………………………….
1D) Crop Insurance Proceeds ……………………………………………..
1) Accrual Gross Revenue from Crops ……………………………………………………….
2A) Livestock and Milk Cash Sales ………………………………………
2B) Ending Livestock Inventory ………………………………………….
2C) Beginning Livestock Inventory …………………………………….
2D) Livestock Purchases………………………………………….………….
2) Accrual Gross Revenue from Livestock and Milk…………………………………..
3) Agricultural Program Payments ………………………………………..
4) Accounts Receivable Adjustment……………………………………..
5) Other Farm Income …………………………………………………………..
6) ACCRUAL GROSS FARM REVENUE…..………………………..…………………………..
Farm Business Expenses:
7) Purchased Feed………………………………………………………………….
8) VALUE OF FARM PRODUCTION……………………………………………………………..
9) Labor Hired …………………………………………………………………………
10) Repairs ……………………………………………………………………………..
11) Seed …………………………………………………………………………………
12) Fertilizer …………………………………………………………………………..
13) Herbicide and Insecticide………………………………………………….
14) Veterinarian Expense………………………………………………………..
15) Storage & Marketing ….…………………………………………………….
16) Machinery Hire and Lease…………………………………………………
17) Fuel and Oil……..……………………………………………………………….
18) Utilities……………………………………………………………………………..
19) Property Tax …………………………………………………………………….
20) Real Estate Tax………………………………………………………………….
21) General Farm Insurance …………………………………………………..
22) Crop Insurance Premiums ………………………………………………..
23) Cash Rent…………………………………………………………………………..
24) Miscellaneous …………………………………………………………………..
25) Expense Inventory Adjustment ………………………………………..
26) ACCRUED OPERATING EXPENSES……………………………………………………………..
27A) Cash Interest Paid………………………………………………………..
27B) Accrued Interest Adjustment……………………………………….
27) Total Interest Expenses………………………………………………………
28) Depreciation ……………………………………………………………………..
29) TOTAL FARM BUSINESS EXPENSES…………………...……………………………………
30) NET FARM INCOME……………………………...………………………………………………..
Copyright 2017 AgManager.info, K‐State Department of Agricultural Economics
CASH FLOW PROJECTION FOR …
June 20, 2016
Financial Management
… 1
Management Factors: What is Important, Costs, Yields, Prices, or
Production Practices?
Cooper Morris (cooper.h.morris@gmail.com), Elizabeth Yeager (eyeager@ksu.edu), Kevin Dhuyvetter
(kdhuyvetter@elanco.com), and Greg Regier (gregier@ksu.edu).
Kansas State University Department of Agricultural Economics ‐ June 2016
http://www.agmanager.info/farmmgt/finance/management/MgtFactors05‐14_(Jun16).pdf
This paper analyzes the value and feasibility of farming differently than the local average in Kansas crop
production. It is an update of previous research with the addition of several new variables‐‐workers per acre,
machine costs, and crop input costs‐‐to answer additional questions (Dhuyvetter, Morris, & Kastens, 2011;
Kastens, Dhuyvetter, 2007, 2006, 2005, 2004; Nivens, Kastens, & Dhuyvetter, 2002). Farms are broken down by
their characteristics, practices, and management performances in order to identify sources of superior
performance. Do the number of workers per acre explain differences in farm performance? Do machine costs or
crop input costs, relative to averages, have a larger impact on farms’ relative performances? The degree and
consistency of which farms are different than average is also analyzed. To what degree do farms distinguish their
planting intensity from the local average? By how much do the prices received by some farms deviate from the
average price received in a county? Lastly, how consistently farms achieve different than average costs, yields,
prices, and net incomes is analyzed.
This analysis and previous studies have examined farm characteristics and performances over ten‐year
periods going back to the 1992‐2001 period (Nivens, Kastens, & Dhuyvetter, 2002). Since the first study the
estimated impact of farm size and price management increased steadily. The measured impact in this study
deviates from the increasing trend, but farm size and price management continue to be significantly related to
farm performance.
…
January 31, 2022
Ag Law Issues
Department Of Agricultural Economics Extension Publication 01/31/2022 … Department Of Agricultural Economics … colony and for policy and economic reasons, determined that …
November 23, 2021
Beef Cattle, KFMA Research
Department Of Agricultural Economics Extension Publication 11/22/2021 … Department of Agricultural Economics
November 2021
Dustin … Department Of Agricultural Economics Extension Publication 11/22/2021 …
July 1, 2013
Farm Machinery Papers
Department of Agricultural Economics (Publication: AM-JRW-2013.1 … Department of Agricultural Economics, K-State Research and Extension … Department of Agricultural Economics (Publication: AM-JRW-2013.1 …
July 3, 2019
Precision Ag and Technology Articles
Department Of Agricultural Economics Extension Publication 07/03/2019 … Department Of Agricultural Economics … Department of Agricultural Economics
Keith Harris (kdharris@ksu.edu …
September 22, 2022
Land Rental
Rates
Department of Agricultural Economics Gregg Ibendahl … operators can pay and cover full economic cost of
production with … Department of Agricultural Economics Gregg Ibendahl …
July 1, 2011
Animal Well-Being
K-State Dept. of Agricultural Economics (Publication: AM-GT-2011.1 … K-State Dept. of Agricultural Economics (Publication: AM-GT-2011.1 … K-State Dept. of Agricultural Economics (Publication: AM-GT-2011.1 …
October 1, 2011
Land Buying and Valuing
Kevin Dhuyvetter, K-State Ag Economics, (785) 532-3527, kcd@ksu.edu … Mykel Taylor, K-State Ag Economics, (785) 532-3033, mtaylor@agecon.ksu.edu … Department of Agricultural Economics, Kansas State University …
December 17, 2015
Financial Management
…
Dustin L. Pendell (dpendell@ksu.edu) and Kevin Herbel (kherbel@ksu.edu)
Kansas State University Department of Agricultural Economics ‐ December 2015
http://www.agmanager.info/livestock/budgets/production/beef/FeedCosts_2015.pdf
… Kansas State University Department Of Agricultural Economics Extension Publication 12/17/2015
WRITTEN BY: DUSTIN PENDELL AND KEVIN HERBEL …