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April 18, 2018
Risk Management Strategies
revenue-based crop insurance tools compete with their grain … over-exposure to the futures markets and farmers should not forward … available via private futures market exchanges, therefore revenue …
February 6, 2017
term price expectations?
Markets Can Change Quickly
Brazilian … prices rebounded allowing some marketing opportunities
Those opportunities … has this affected the land market?
Kansas Inflation-Adjusted …
May 4, 2017
Risk Management Strategies
Hard Red
Winter (HRW) wheat marketing issues. Our meeting tour … different interests in the wheat market. Below is a summary of the … fixed and is below its real market value at this time. Therefore …
January 13, 2023
Risk Management Strategies
payments are made when the Marketing Year Average price (MYA … this decision is when the marketing
year actually starts and … soybeans, grain
sorghum), the marketing year will not start until …
January 18, 2022
Risk Management Strategies
payments are made when the Marketing Year Average price (MYA … this decision is when the
marketing year actually starts and … soybeans,
grain sorghum), the marketing year will not start until …
July 1, 2019
KFMA Newsletters
you thrive amidst whatever markets and weather throws your way … average yield multiplied by the marketing year average price) for a … Olympic average of the national marketing year average price multiplied …
March 30, 2017
KFMA Newsletters
can help to guide how you market what you produce. They can … together with other management tools, records are one of the keys … Farm Financial Benchmarking Tool is available for you to use …
December 1, 2016
KFMA Newsletters
many areas of the state, market prices below the cost of … thrown on already depressed markets.
Efforts to scale back … allowed or allowable
Fair market value.
Any special …
September 3, 2015
Risk Management Strategies
attributing it to
national market price drifting lower.
FSA … history of the KSU estimated Marketing Year Average (MYA) prices … number of farmers change their marketing of the crop. That has
happened …
December 6, 2017
Notes
1) Cash
2) Accounts Receivable
3) Fertilizer and Supplies
4) Investment in Growing Crops
5) Crops Held for Sale and Feed
6) Market Livestock
7) Other Current Assets
8) TOTAL CURRENT ASSETS … 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……………………………...………………………………………………..
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