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November 12, 2015
at:
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Glynn …
October 1, 2018
2018 Ag Lenders Conference Presentations
Broad Profitability Outlook
Supply side factors are “well established”
Demand factors are key and uncertain
What will be beef (and meat broadly) export situation?
When will next U.S. recession occur?
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More information available at:
This presentation will be available in PDF format at:http://www.agmanager.info/contributors/tonsor
Glynn T. TonsorProfessorDept …
June 10, 2020
Recent Videos
at:
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51
Agricultural …
Summary Book - All Counties
The 2012 Profit‐link Summary and Analysis information was processed from the farm records of participating Kansas
Farm Management Association members from 17 counties of Northwest Kansas. At this time the information is not complete
and a final analysis will be completed at a later date. The location of the participating members is shown in the map on page iii.
Ninety nine farms were summarized and represent 37% of the Farm Management Association, NW 2012 membership. The
Association Economists and staff of the KFMA, NW wish to say “thank you” to these families for their efforts in keeping records
complete enough for analysis and for sharing their data to be utilized in this summary. Additional appreciation is extended to
the Association support staff and the individuals at the KMAR‐105 Association for their part in this analysis work.
After the record net farm income of $440,621 recorded in 2011, the drought finally caught up to us, shown by a
decrease in net farm income. For the 99 farms in the summary, net farm income averaged $288,176. On page 3 you can see a
comparison of farms by net income quartile groups. The bottom 25% (24 farms) averaged $‐3,761 of net farm income, while the
top 25% (25 farms) averaged $777,230 of net farm income. The driving force behind the drop in 2012 average net farm income
was an increase of 17% in total farm expense from an average of $688,651 in 2011 to $830,311 on average in 2012. This increase
in total farm expense can be attributed mostly to crop expenses (seed, chemical, fertilizer, etc) and Economic Depreciation. The
value of farm production decreased only 1% from an average of $1,129,272 in 2011 to $1,118,488 on average in 2012.
With the exception of the wheat enterprises all fall crop yields were down due to drought. Non‐irrigated wheat yields
averaged between 45 and 50 bushels per acre while non‐irrigated corn and milo averaged 16 and 28 bushels per acre,
respectively. Non‐irrigated soybean yields averaged 6 bushels per acre. Irrigated corn yields were down from an average of 191
bushels per acre in 2011 to 179 bushels per acre in 2012. Irrigated soybeans averaged 55 bushels per acre. Irrigated wheat
yields in 2012 averaged 53 bushels per acre. Review the non‐irrigated enterprise summary that begins on page 17 and the
irrigated enterprise summary that begins on page 25.
Beef Cow‐calf operations that sell weaned calves and sell feeder calves experienced a decline in their Net Returns above
Variable cost in 2012 to $56.15 and $78.59 per cow compared with $119.38 and $176.02 in 2011 respectively. Gross income
changed little from 2011 to 2012 leaving Total Expense increases the source of Net Return declines. The largest item of expense
that increased was feed. Feed cost for Cow‐calf operators increased from $381.67 in 2011 to $431.95 in 2012, some 13.2%.
Higher feed cost per unit and drought driven increased consumption to offset pasture shortages were major contributors to the
feed cost increa …
August 17, 2016
General Session Presentations
Industry past tipping point on tight supplies
–Demand’s role will become clearer
http://www.agmanager.info/livestock/marketing/Beef%20Demand/BeefDemand_08‐28‐15.pdf
Identifying & acting upon comparative advantage will increasingly be key to profit!
More information available at:
This presentation will be available in PDF format at:http://www.agmanager.info/about/contributors/individual/tonsor.asp
Glynn …
August 28, 2013
Several examples of “infighting” within the industry
More information available at:
This presentation is available in PDF format at:
http://www.agmanager.info/about/contributors/individual/tonsor.asp
Glynn T. Tonsor
Associate Professor
Dept. of Agricultural Economics
Kansas State University
gtt@agecon.ksu.edu
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www.agmanager.info
Overarching Trends
• …
June 15, 2012
Sales value of cull cows is about = for all
– Those with … http://www.agmanager.info/about/contributors/individual/tonsor.asp … November 6
For details about specific topics and registering …
June 12, 2012
Sales value of cull cows is about = for all
– Those with … http://www.agmanager.info/about/contributors/individual/tonsor.asp … November 6
For details about specific topics and registering …
November 1, 2011
Beef Cattle
be used for
feeding for about a third of this time. The … Cooperative Extension Service
Contributors
Dale Blasi
Stocker … The reason for talking
about BCS now is that there’s …