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Annual Book
13
--Crop Value and Cost Trends, 2001-2010 … 14
--Crop Net Return Comparison, 2005-2010 … 26
--Crop Value and Cost Trends, 2001-2010 …
Summary Book - All Counties
…
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 increase.
Again we stress that the information at this time is only preliminary. We will release finalized information later this
summer. We hope you will find the information useful and insightful for evaluating the KFMA, NW members in general and your
farm in particular. If you want to know more about how your farm compares to similar farms, and you are currently not a
member of the Farm Management Association, NW, consider giving us a call. We are taking applications for membership in all of
the KFMA, NW area.
Sincerely,
…
Annual Book
13
--Crop Value and Cost Trends, 2000-2009 … 14
--Crop Net Return Comparison, 2004-2009 … 26
--Crop Value and Cost Trends, 2000-2009 …
County Summary
and Forage15 37,477
Other Crop16 10,345
Government Payments17 … 10,345
Government Payments17 20,257
Crop Insurance Proceeds18 48,434
Machine … Repairs25 4,386
Seed/Other Crop Expense26 92,178 …
County Summary
and Forage15 7,818
Other Crop16 9,431
Government Payments17 … 9,431
Government Payments17 20,075
Crop Insurance Proceeds18 15,909
Machine … Repairs25 2,038
Seed/Other Crop Expense26 36,249 …
County Summary
and Forage15 -1,593
Other Crop16 2,011
Government Payments17 … 2,011
Government Payments17 13,467
Crop Insurance Proceeds18 13,154
Machine … Repairs25 42,267
Seed/Other Crop Expense26 137,957 …
County Summary
and Forage15 3,562
Other Crop16 8,822
Government Payments17 … 8,822
Government Payments17 24,471
Crop Insurance Proceeds18 1,929
Machine … Repairs25 4,825
Seed/Other Crop Expense26 68,457 …
County Summary
and Forage15 9,542
Other Crop16 8,681
Government Payments17 … 8,681
Government Payments17 24,657
Crop Insurance Proceeds18 1,765
Machine … Repairs25 4,285
Seed/Other Crop Expense26 79,596 …
County Summary
and Forage15 3,861
Other Crop16 9,767
Government Payments17 … 9,767
Government Payments17 11,534
Crop Insurance Proceeds18 11,003
Machine … Repairs25 2,626
Seed/Other Crop Expense26 39,909 …