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2018 Kansas County-Level Cash Rents for Non-Irrigated Cropland

February 2, 2018 Land Rental Rates

Management Guides (projected crop budgets published annually and available … Given the completed crop budgets in KSU-Lease for each of …

2019 Kansas County-Level Cash Rents for Non-Irrigated Cropland

January 31, 2019 Land Rental Rates

Management Guides (projected crop budgets published annually and available … Given the completed crop budgets in KSU-Lease for each of …

The U.S. Soybean Price Protection Net Applied to Kansas for New-Crop MY 2021/22

March 3, 2021 Managing Risk and Marketing Grain in 2021 - Presentations, Price Risk Publications

production KSU KFMA Enterprise Budgets 2019: Direct Costs (without … production KSU KFMA Enterprise Budgets 2019: Direct Costs (without …

USDA Crop and Livestock Reports: What, When and Where?

February 11, 2022

WASDE charts/spreadsheets– Projected budgets and KFMA data• Livestock:– … Cattle finishing returns– Beef, hogs, sheep budgets– Meat demand surveys and …

Managing Risk with ARC, PLC, and SCO in 2023 - Webinar Recording and Slides

February 3, 2023 Recent Videos

covers all expenses, some of profits K‐State Farm budgets: https://agmanager.info/farm‐budgets Approaches to the SCO decision Indemnities General principle Rule of thumb‐compare SCO premium to liability; for example, if 70% RP policy is triggered once in 10 years (or more), SCO indemnities should cover premiums Tools:https://agmanager.info/crop‐insurance/kansas‐crop‐insurance‐maps, Many agents have decision tools Risk ReductionUnderstanding potential 2023 payouts Understanding correlation of your yields with county yields Tools:SCO & ECO Payment calculatorCounty yield correlation tool SCO in 2023 https://agmanager.info/crop‐insurance/crop‐insurance‐papers‐and‐information/2023‐supplemental‐coverage‐option‐sco‐and Risk reduction If you are using SCO to protect your 2023 expected revenue, an important question is “Will I get an SCO indemnity if my own yields decline?” In other words: How correlated are my yields with county level yields? Correlation doesn’t require equal yields Correlation does not mean the yields are the same, but that they `move in the same direction’ or are similarly affected by adverse weather conditions Positive vs. negative correlation For most producers, individual yields will be positively correlated with county yields over time New KS Yield Correlation Tool https://agmanager.info/crop‐insurance/crop‐insurance‐papers‐and‐information/kansas‐yield‐correlation‐tool Yield correlation tool: information required https://agmanager.info/crop‐insurance/crop‐insurance‐papers‐and‐information/kansas‐yield‐correlation‐tool Yield correlation tool: result 1 https://agmanager.info/crop‐insurance/crop‐insurance‐papers‐and‐information/kansas‐yield‐correlation‐tool Yield correlation tool: results 2 & 3 https://agmanager.info/crop‐insurance/crop‐insurance‐papers‐and‐information/kansas‐yield‐correlation‐tool Sources of information on county yields RMA: https://webapp.rma.usda.gov/apps/RIRS/ AgManager.info Crop Insurance Maps: https://agmanager.info/crop‐insurance/kansas‐crop‐insurance‐maps New Yield Correlation tool https://agmanager.info/crop‐insurance/crop‐insurance‐papers‐and‐information/kansas‐yield‐correlation‐tool The bottom line SCO may be attractive for producers who want to protect their profit margins and are willing to pay additional premium for this Take a long‐term perspective, consider all high coverage policies Consider operation vs county yield trends Dr. Jennifer IfftFlinchbaugh Agricultural Policy ChairAssociate ProfessorEmail: jifft@ksu.eduPhone: 785‐532‐4468 Questions?Comments?Thank you! K‐State Research and Extension is a statewide network of educators sharing unbiased, research‐based information and expertise on issues important to Kansas. K‐State Research and Extension is an equal opportunity provider and employer. Resources • …

Supplemental Coverage Option (SCO) and Enhanced Coverage Option (ECO): 2024 Considerations and 2023 Update

February 9, 2024 Crop Insurance Papers

are based on K-State crop budgets available at https://agmanage … https://agmanager.info/farm-budgets …

1 - From the Capital to the Combine - 2025 Farm Policy Changes Unpacked

August 1, 2025 Breakout Sessions

reduction on base acres and 5.7% budget sequestration 2025 ARC … reduction on base acres and 5.7% budget sequestration Payment Limitations • …

Are Crop Insurance Payments Excessive?

August 3, 2012 Risk Management Strategies

criticisms using national budget cost. But until farmers …

K-State Feeder Cattle Price Analyzer

March 1, 2010 Beef Cattle

Change Partial Budget 5.0 …

Fundamentals of Strategic and Tactical Business Planning

January 1, 2002 Farm Business and Transition Planning

plan. Finally, cash flow budgets may have a role to play in …

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2018 Extension Outlook Conference

Allen
Amanor-Boadu
Brewer
Briggeman
Broyaka
Cameron-Harp
Coffey
Dikeman
Featherstone
Griffin
Hughes
Ibendahl
Ifft
Llewelyn
McEowen
O'Brien
Pendell
Reid
Schroeder
Tonsor
Westerhold