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August 1, 2023
Breakout Sessions
iversity Charles H. Dyson School of Applied Economics and Management
Jennifer If … r, K‐State Department of Agricultural Economics
‘
This research was supported in part by the USDA National Institute for Food and Agriculture Award number 2021‐67023‐33816.
When do you buy the farm?
Turnover‐definition
Reality
Share of agricultural land that is transacted (sold) every year –county level
The dreamBeyond transactions – …
August 1, 2023
2023 Risk and Profit Conference Recordings
iversity Charles H. Dyson School of Applied Economics and Management
Jennifer If … r, K‐State Department of Agricultural Economics
‘
This research was supported in part by the USDA National Institute for Food and Agriculture Award number 2021‐67023‐33816.
When do you buy the farm?
Turnover‐definition
Reality
Share of agricultural land that is transacted (sold) every year –county level
The dreamBeyond transactions – …
November 2, 2023
Meat Demand Research Studies
… 11/02/2023
1
RANKING CONSUMER BEEF PREFERENCES
SUMMARY REPORT 1
PREPARED FOR THE KANSAS BEEF COUNCIL
Ted C. Schroeder, Eliyasu Y. Osman, Phillip A. Lancaster, and Brad J. White1
Kansas State University
BACKGROUND
Consumer preferences for beef products are complex and evolving. Fundamental changes in
consumer lifestyles and associated food preferences challenge caƩle producers and beef
processors in aligning producƟon and markeƟng pracƟces with consumer demands. In addiƟon
to expectaƟons to produce affordable, high quality, safe, healthy, and nutriƟous beef products,
pressure is escalaƟng for the industry to become more sustainable. Enhancing sustainability
includes increased aƩenƟon to environmental and social issues in addiƟon to the ever‐present
economic dimensions of beef producƟon. Concerns regarding animal welfare; impacts of
producƟon on land and water quality; greenhouse gas emissions; use of anƟbioƟcs and
syntheƟc growth promotants; locally produced food; and other preferences are influencing
downstream beef demand and policy.
CaƩle producers in the meanƟme grapple with producing, markeƟng, and promoƟng beef
products possessing aƩributes consumers most prefer while addressing environmental, social,
customer, and policy concerns that can be complementary or conflicƟng. Understanding the
relaƟve importance of consumer preferences for beef products concurrent with other maƩers
facing producers is necessary for making suitable producƟon decisions, designing prosperous
product markeƟng and promoƟon programs, and devising effecƟve lobbying.
This fact sheet summarizes informaƟon caƩle producers can use to understand consumers’
rankings of various beef aƩributes. Specific objecƟves include: 1) to determine relaƟve rankings
of specific beef product aƩributes by US consumers including tradiƟonal product traits such as
price and quality as well as evolving environmental and social sustainability dimensions; 2) to
quanƟfy how product preferences relate to consumer demographics; and 3) to provide
associated recommendaƟons for beef caƩle producer producƟon and markeƟng decisions.
…
December 4, 2023
Methods and Supporting Information
focused
Systematic economic modeling of consumer
meat … Ad Hoc Section
Socio-Economic Questions
6
Broad Overview … Survey Sections
Socio-Economic Questions
20
Broad Overview …
General Sessions
the Dept. of Agricultural Economics at Kansas State
University … Agricultural,
Food, and Resource Economics at Michigan State University … exchange of thoughts on broader economic
issues facing the entire …
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 …
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 …
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 …