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April 7, 2016
Land Buying and Valuing
Mykel Taylor, K-State Ag Economics, (785) 532-3033, mtaylor@ksu.edu … Department of Agricultural Economics, Kansas State University …
Kansas State University Department of Agricultural Economics (Publication: AM‐MRT‐2016.2) …
July 6, 2017
Land Buying and Valuing
Mykel Taylor, K-State Ag Economics, (785) 532-3033, mtaylor@ksu.edu … Department of Agricultural Economics, Kansas State University …
Kansas State University Department of Agricultural Economics (Publication: AM‐MRT‐2017.2) …
August 1, 2017
Breakout Sessions
masters degrees in Agricultural Economics from the University of Nebraska-Lincoln … transportation issues, and c) economic analysis of irrigated
and … the Dept. of Agricultural Economics at Kansas State University …
August 18, 2017
Tonsor
Dept. of Agricultural Economics,
Kansas State University
Overarching … University
Overarching Beef Industry
Economic Outlook
• Supplies
– … clear
Overarching Beef Industry
Economic Outlook
Overarching Beef …
November 10, 2016
2016 Crop Insurance Workshop Presentations
Difference between Total Cost curve and Total
Variable Cost curve is Total Fixed Cost curve
Why look at this economic concept?
◦ Determines if a business is profitable or incurring a loss.
◦ … Total Variable Cost curve
= Total Fixed Cost
Why look at this economic concept?
◦ Determines if a business is profitable or incurring a loss.
◦ …
May 15, 2018
Tonsor
Professor, Dept. of Ag. Economics, Kansas State University
Email … Tonsor
Professor
Dept. of Agricultural Economics
Kansas State University
Email …
October 1, 2018
2018 Ag Lenders Conference Presentations
TonsorDept. of Agricultural Economics Kansas State Universitygtonsor@ksu.eduTwitter … TonsorGlynn
Overarching Beef Industry Economic Outlook
Supplies– … 0.8% in 2020 (?)
Overarching Beef Industry Economic Outlook
Supplies– …
October 7, 2019
Dr. Glynn T. Tonsor
Dept. of Ag. Economics,
Kansas State University
gtonsor@ksu.edu
Twitter: @TonsorGlynn
Livestock Mandatory Reporting (LMR)
2
>65% price decline in
18 months “raises
questions” !
(July 1997 – … Tonsor
Professor
Dept. of Agricultural Economics
Kansas State University
Email …
April 13, 2020
Recent Videos
Department of Agricultural Economics at Kansas State University … Coronavirus Aid, Relief, and
Economic Security Act or CARES Act …
2020 Ag Lenders Conference Presentations
ral Economicsmtaylor@ksu.edu
Current Economic Conditions
Returns to Farming
Source: KFMA Enterprise Reports (http://www.agmanager.info/kfma)
‐150
‐100
‐50
0
50
100
150
Retu
rns o
ver T
otal
Cos
ts ($
/ac)
NC KFMA Enterprise Analysis
Wheat … 1,836
Averages based on pasture and cropland. Not directly comparable with model results.
Long‐Run Values
USDA Land Values 1960‐2020
USDA Land Values 1960‐2020
Market Going Forward
Resiliency in the land market, given commodity prices and economic/trade uncertainty
Interest rates to remain low through 2023
MFP made a big difference in 2018 & 2019 profitability, but is it likely to factor into long‐run expectations for land values?
More government payments infused into the land market will keep it stable, but what about the election?
Online Resources
2019 Kansas County‐Level Ag Land Values◦ …