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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 counties where
participating members farm and ranch. One hundred thirty‐five (135) farms were summarized and represent 54% of the 2017
KFMA, NW membership. The KFMA economists and staff express thanks to the farm families for their participation and
record keeping to be utilized in the summary. Additional appreciation is extended to the individuals at the KMAR‐105
Association for their help in accumulating the data.
Net farm income increased greatly in 2017 to $94,071 compared to the two low income years in 2015 and 2016.
Although the average net farm income was positive, many operations are still experiencing decreasing liquidity and carryover
debt. There is also a great variance of income across farms in the association and page 19 has a comparison of farms by net
farm income quartile groups. The bottom 25% (33 farms) averaged ‐$146,201 net farm income (loss), while the top 25% (34
farms) averaged $450,929 net farm income. Value of farm production increased 16.8% from an average of $760,276 in 2016
to an average of $913,916 in 2017. Total expense increased 7.6% from an average of $757,379 in 2016 to $819,845 in 2017.
Crop yields were average to a …
Summary Book - All Counties
19
County Crop Insurance & Government Payment … 61
Analysis Factors by Crop Acres … PRODUCTION COMPARISON
Total Crop Acres 2,143
Percent of …
September 1, 2005
Farm Business and Transition Planning
products or services, target markets, and
work force composition … enterprise mix) of the business
Marketing practices (traditional or
unique)
How … operator to put up alfalfa crop beginning this year:
Schedule …
Summary Book - All Counties
positive net farm income.
Crop yields were generally above … average of 37.5 bu/ac. Fall crops that
survived spring hail … two years but a surge in market price
was beneficial for …
County Summary
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rrigated Acres %
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Summary Book - All Counties
14
Crop Value and Cost Comparison … 43
Crop Value and Cost Trends, 10-Years … 10-Years.......................................................................................... 44
Non-irrigated Crop Yields, Five Year Trend …
Summary Book - All Counties
16
Crop Value and Cost Comparison … 25
Crop Value and Cost Trends, 10 … 44
Non-irrigated Crop Yields from Enterprise Anal …
Summary Book - All Counties
Operator.............................................................................................71
Analysis Factors by Crop Acres ....................................................................................................72 … various kinds of livestock and crop income values are computed …
Grain Sorghum
7
Crop Acres 134 165 … 15.90
Crop Insurance Proceeds $952.60 … 12.30
Seed / Other Crop Expense $1,466.33 0.17 …
Grain Sorghum
25
Crop Acres 151 111 … 11.93
Crop Insurance Proceeds $934.78 … Seed / Other Crop Expense $1,737.67 0.19 …