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June 1, 2016
KFMA Newsletters
out of a period of strong profitability in the agriculture sector … with a
period of excellent profits. However, a closer look … since 1985. The operating profit margin decreased from 11.96 …
June 5, 2019
KFMA Newsletters
making and management of risk.
During 2018, the top 25 … they need to be to make a profit. This is an excellent business … operations and determine profitable management practices.
Chelsea …
June 28, 2018
KFMA Newsletters
While the agriculture sector continues in a period of tight margins and cash flow constraints, the average net farm
income for KFMA member farms increased to $62,944 in 2017. There is much variability from farm to farm within the
data – differences in production (record yields for some, drought for others), differences in financial position and cost
structure, differences in decision making and management of risk. For summary reports of the KFMA data, please visit
www.agmanager.info/KFMA.
As we do each year, six KFMA economists and myself participated in a roundtable discussion of the new reports for the
May 10 edition of the “Agriculture Today” radio program, produced by K‐State Research and Extension. That discussion
is available online at http://agtodayksu.libsyn.com/report‐2017‐kansas‐net‐farm‐income‐agriculture‐today‐may‐10‐
2018. A follow up interview was completed and will air the final week of June. All Agricultural Economic related radio
show recordings are available at http://www.agmanager.info/news#ksrn‐radio‐interviews .
Keeping accurate records, and benchmarking with those records to identify strengths and weaknesses, will help you
focus your management efforts. Your records can help you identify and manage production costs, provide a starting
point for market planning, and give you the opportunity to understand your farm business better than anyone else. Your
investment of time into this process is important as you seek to manage the current environment successfully.
Kevin
Kansas …
General Sessions
2015 Risk andProfitConference
General Session Speakers … management of
“Weather Related Risk” to production and marketing … increasing importance to farm profits. The 2010-2011
drought …
June 1, 2015
KFMA Newsletters
Economist spotlights, upcoming events, and much more!
The newsletter … to
estimate the current profitability of different agricultural … attending K-State sporting events, and traveling to see
family …
March 1, 2016
KFMA Newsletters
information on Managing Financial Risk in Today’s Environment … 2
Managing Financial Risk in Today’s Environment1 … you manage the financial risks faced by your
business …
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
…
September 6, 2022
Crop Insurance Papers
harvest-time county-level
profit margin drops below the insured … a large share of expected profits above those commonly protected … https://agmanager.info/events/risk-and-profit-conference/previous-conference-proceedings/2022 …
August 14, 2014
Commodity Program Papers
with their marketing
and risk management decisions. Therisk of loss in trading futures … that will be covered at the Risk andProfit …
Breakout Sessions
2012 Risk andProfitConference
Breakout Session Presenters … at:
www.AgManager.info/events/Risk_Profit/2012/papers.asp
If …