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December 1, 2015
KFMA Newsletters
As I write this, there are piles of grain on the ground in many areas of the state, market prices for grain below the cost of
production, uncertainty in the tax laws as we plan for the end of the year, reduced working capital and eroding debt
repayment capacity for many farms... all part of the current agriculture management environment. These are also
reminders to each of us of the importance of careful planning and consideration as management decisions are made.
Those of us working within the KFMA program and in the Agricultural Economics Department greatly appreciate the
efforts of those working on the farms and ranches of Kansas. We are thankful for the opportunity to provide farm
management information to farm decision makers through this newsletter and through delivery of the KFMA Program.
The KFMA motto is “Building Strong Relationships…Producing Excellence” and we desire to use this newsletter as a way
of building our relationship with you and to provide you with information that helps you achieve excellence. The KFMA
E‐Newsletter is sent quarterly throughout the year. This issue provides information on farm profitability, measuring
financial health, and the importance of understanding your farm’s current financial position and debt repayment ability.
Finally, we provide you with some guidance toward year‐end tax planning and management.
Further information can be found on the extension agricultural economics website at www.agmanager.info and the
KFMA website at www.agmanager.info/kfma. I would welcome any comments that you feel will be helpful for the KFMA
program to excel in our work with the farm families of Kansas as we seek to help you know your numbers, use your
numbers, and reach your goals. Till next time…
Kevin
…
February 1, 2016
Leasing Papers
and Presentations
Cattle, forage, and grain markets
Pasture Rental Rates
• … Current and expected cattle market prices• Put into a decisiontool (spreadsheet) and…
Voila!
Pasture … and…
Voila!
Pasture Rent Tool
• Purpose of the …
March 4, 2022
Recent Videos
reserved.
Launch Your Preharvest Marketing Plan
Developed by Ed Uss … What a year to be talking preharvest marketing plans.
Copyright © 2017 … reserved.
Launch Your Preharvest Marketing Plan
1. Examined the Key …
June 10, 2013
Risk Management Strategies
to aid farmers with their marketing and risk
management decisions … must consider whether such
marketing strategies are appropriate … the cost of the paper work, marketing, underwriting, etc.,
for …
Breakout Sessions
many Excel calculators and tools publicly available. This … introduce several of the Excel tools on the AgManager.info
website … Other
Types of software applications…
Kansas State
U N I V E R S I T Y
It is important to have the right software/tool
for the job at hand...
... however, the capabilities of many software
programs often overlap, so it generally will not
be necessary to have every type of software
program.
Types of software applications… …
October 15, 2018
KFMA Newsletters
As we progress through this period of challenging economic times for Kansas farms and ranches, we have been handed
some new tools that can be used to hel … his lower income period. Accordingly,
when managing income and self‐employment taxes now, we should be open to utilizing tools and tax attributes
differently than we do in higher income years.
September …
November 4, 2025
Ag Law Issues
Agency (RMA), is an essential tool for cattle
producers seeking … opportunity to benefit from rising market prices. The
LGM is a more … LGM is a more sophisticated tool. It guarantees a minimum …
August 1, 2021
Breakout Sessions
Federal insurance options are
becoming more favorable
https://www.ksre.k‐state.edu/news/stories/2021/01/beef‐cattle‐winter‐ranch‐management‐series.html
Cow‐calf insurance options by type of risk
Production
FeedPrice
LRP
PRF
LGM
MPCI
WFRP
Production Risk:
Events such as disease or
weather that can lead to a
decline in production/weight
gain or mortality
Price Risk
Market price might drop,
even to the point of not
covering the cost of
production
Feed Risk
If crop/forage yield decreases,
feed may become expensive
or difficult to purchase
Policies in red are
never …
2021 Risk and Profit Conference Recordings
Federal insurance options are
becoming more favorable
https://www.ksre.k‐state.edu/news/stories/2021/01/beef‐cattle‐winter‐ranch‐management‐series.html
Cow‐calf insurance options by type of risk
Production
FeedPrice
LRP
PRF
LGM
MPCI
WFRP
Production Risk:
Events such as disease or
weather that can lead to a
decline in production/weight
gain or mortality
Price Risk
Market price might drop,
even to the point of not
covering the cost of
production
Feed Risk
If crop/forage yield decreases,
feed may become expensive
or difficult to purchase
Policies in red are
never …
October 1, 2017
Activities
Sheet-A Financial Management Tool
Income Statement-A Financial … Statement-A Financial Management Tool
Cash Flow Projection for … quot;supplies")
$50,850 $52,875 51862.5
6) Market Livestock
robinreid: Value …