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June 28, 2018
KFMA Newsletters
No‐Tillage is a common conservation practice on many farms in Kansas and likely one of the first in‐field conservation
practices to be adopted by farmers. An intensification of this practice would be to move from using no‐tillage for a
specific crop to continuous no‐tillage … ge, where no‐till is used for all crops in a rotation. Adoption and intensification of
tillage practices is based on the perceived benefits and costs from the practice. This article examines the outcomes
resulting from using continuous no‐tillage practices by farmers in Kansas.
Papers …
April 6, 2018
KFMA Newsletters
There is much variability and risk in the agriculture industry. Price variability, weather and yield variability, international
trade issues, changes in technology, changes to the tax code having direct impact on marketing and entity planning
decisions, legal matters, financial management risks, and relationships between business partners and family members.
Farmers make decisions in an uncertain, risky, ever changing environment. How do you manage and make decisions in
the midst of the variability and risk that is before you?
Many of us first think of production and price risk when considering risk management. Production planning and
enterprise diversification of your operation, crop rotation, crop insurance, and hedging and forward contracting are
some of the strategies available as you consider management in these areas. What do you use as a guide in making
these decisions? Regardless of how you manage the finances on your farm, in a period of tight margins and cash flow
constraints, financial management decisions increase in importance for farm managers. There is tremendous variability
between farms, in their financial position and cost structure, and in decision‐making. This variability means there is
room for you to change your situation for the better. However, before you can improve you must know where you
stand. Having a solid set of records, and benchmarking with those records to identify strengths and weaknesses, is the
place to start in developing a risk management plan for your operation. This will allow you to focus your management
efforts and to base your decisions on your information, your resources and your circumstances. As a farm decision
maker, you need to know your cost structure and to explore the markets that are available to you. Don’t rely on what
someone else says it costs to produce the products you raise. Know your costs and use your costs as you make these
decisions. Proactively manage the financial aspects of your farm or ranch. Seek to know and understand your business
better than anyone else. The investment of your time into this process is very important as you seek to manage today’s
environment successfully. Please let us know if we can help you in this process…we would welcome the opportunity!
Kevin
Tax …
August 1, 2018
Breakout Sessions
carry”)
o Performance of cropinsurance revenue contracts
Actions … been and clearly will be a cropinsurance issue.
-- Has reduced … 2. When there is a big crop, the VSR storage rate should …
August 1, 2017
Breakout Sessions
third of total costs per crop acre. In this
session, we … The Western part of the state experience problems first
Adjusted for inflation
How Has Crop Machinery Investment Changed
• … 100
$ 200
$ 300
$ 400
Year
Crop Machinery Investment per …
April 16, 2020
Land Buying and Valuing
book are consistent with Crop Reporting Districts used … Income Per Operator (dryland crop farms)
$200,000
$180,000
$160,000
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$0
2009 … 28.2%
*Limited sales of irrigated crop ground makes trends fluctuate …
August 1, 2022
Breakout Sessions
1.01
August 15, 2022, Harvest Price Bid at Salina, Kansas
Agricultural Economics
CropInsurance – Corn Contract Price
$5.90
$5.86$6.28
$0.00
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
2001 …
August 1, 2022
2022 Risk and Profit Conference Recordings
1.01
August 15, 2022, Harvest Price Bid at Salina, Kansas
Agricultural Economics
CropInsurance – Corn Contract Price
$5.90
$5.86$6.28
$0.00
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
2001 …
April 17, 2018
Land Use Value Research
Statistics Service (NASS) Crop Reporting
District as directed … for each of the nine NASS Crop Reporting Districts. The … were determined for all nine crop
reporting districts. Cash …
August 1, 2018
Breakout Sessions
spending
Commodities
CropInsurance
Conservation
Nutrition … partnership programs?
Crop InsuranceMajor Components
Issue … Enrollment (% of total)
Crop ARC-CO ARC-IC PLC Base Acres …
October 1, 2018
2018 Ag Lenders Conference Presentations
spending
Commodities
CropInsurance
Conservation
Nutrition … for partnership programs?
Crop InsuranceMajor Components
Issue … Enrollment (% of total)
Crop ARC-CO ARC-IC PLC Base Acres …