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Summary Book - All Counties
Terms..........................................................................................................................4
Twenty-Year Income History ..........................................................................................................6 … Regional Summary of Net Farm Income .........................................................................................9 …
areas of comparison:
Income Measures include value of … costs subtracted.
Net farm income on the accrual basis includes … 9 East 8 All 17 Counties
Income Measures:
Value of Farm …
Summary Book - All Counties
Staff.....................................................................3
Twenty-Year Income History ........................................................................................................4 … Comparison by Net Farm Income … Government Payment vs. Income …
Enterprise Profit Center Summary
milk)
and miscellaneous income such as patronage dividends … patronage dividends and futures income are added to
net sale gain … sale gain to arrive at gross income.
The feed purchased item …
Summary Book - All Counties
The 2012 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. At this time the information is not complete
and a final analysis will be completed at a later date. The location of the participating members is shown in the map on page iii.
Ninety nine farms were summarized and represent 37% of the Farm Management Association, NW 2012 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.
After the record net farm income of $440,621 recorded in …
Summary Book - All Counties
analysis work.
Net farm income retracted 33.9% from the … large decrease of Net Farm Income. Crop productionincome
declined from $564,981 in … 3
Net Farm Income by Farm Type and NW Association …
Summary Book - All Counties
PAGE
MAP -- ASSOCIATION NET FARM INCOME………………………………..… … 4
COMPARISON BY NET FARM INCOME……………………………………… … … 8
GOVT. PAYMENT VS. NET INCOME 1996-2011………………………….… …
Summary Book - All Counties
Terms..........................................................................................................................4
Twenty-Year Income History ..........................................................................................................6 … Regional Summary of Net Farm Income .........................................................................................9 …
Executive Summary
ACCRUAL NET FARM INCOME*
YEAR NW SW NC SC NE … PERCENT OF FARMS IN NET INCOME GROUPS
KANSAS FARM MANAGEMENT … STATE
%
Over $400,000 Net Income 24.24% 2.17% 1.38% 7.73 …
Beef Backgrounding Finishing
Price / CWT $152.65
Gross Income / CWT $118.14
Feed Cost … Futures 907.18
Total Other Income 14.021.80$31,515.65
Labor … 904.28Net Sale Gain
GROSS INCOME $918.30$118.14$2,064,511.79
$274,229.11 …