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Displaying 3181 - 3190 of 3291
Alfalfa
ALFALFA
11Number of Farms 8
132Crop Acres 109
23Acres Owned … 6.383.23694.52
2,576.40 7.94 19.55Seed/Other Crop Expense 19.569.912,129.38
61.67 … 19.569.912,129.38
61.67 0.19 0.47Crop Insurance 0.290.1531.25
3,232.23 …
Alfalfa
ALFALFA
15Number of Farms 8
61Crop Acres 62
21Acres Owned 14
39Acres … 24.188.781,495.76
586.60 2.50 9.69Seed/Other Crop Expense 29.5510.731,827.63
13.93 … 29.5510.731,827.63
13.93 0.06 0.23Crop Insurance
1,651.79 7.03 …
Cane Hay-Sudan
HAY
31Number of Farms 16
85Crop Acres 104
38Acres Owned … 7.304.91759.75
1,141.09 4.08 13.49Seed/Other Crop Expense 15.1310.181,575.30
46.49 … 15.1310.181,575.30
46.49 0.17 0.55Crop Insurance 2.611.75271.25
1,861.14 …
Annual Book
as backgrounding and
cash crop/backgrounding experienced … for beef cow, dairy, cash crop/beef cow, cashcrop/dairy, and contract turkey … compared
to 2005 for cash crop dryland farms. The cash …
Annual Book
information regarding KFMA reports, crop and livestockmarketing and outlook
reportscrop insurance, farm management …
Summary Book - All Counties
31
DETAILED COST ANALYSIS / SE CROP PROFIT CENTER…………………32 … TYPE………………………...………………………. 34 - 35
CROP ENTERPRISES…………………………………………………..………… … ENTERPRISES…………………………………………………..………… 36 - 42
CROP - YIELD AND INCOME GRAPHS…………………………………………43 …
Irrigated Corn
CORN
59Number of Farms 34
571Crop Acres 557
200Acres Owned … Income 1,537.76
9,817.37Crop Insurance Proceeds 13,180.02
-5,115.44Grain … 20.300.1211,311.76
45,735.05 0.48 80.11Seed/Other Crop Expense 105.430.6058,752.58
16,738.84 …
Annual Book
increa s e ) ; seed
and other crop expens e (26.4% incr ease … backgrou n d i n g , cash crop/cow h e r d , cashcrop/backgrounding, cashcrop/beef, c ontract turkey, and …
Summary Book - All Counties
May 1, 2017
Dear Farm Managers and Friends,
The 2016 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. The location of the participating members is
shown in the map on page 3. One hundred sixty‐four (164) farms were summarized and represent 65% of the Farm
Management Association, NW 2016 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.
With net farm income dropping dramatically from 2014 to 2015, we saw a slight bounce back in 2016 to a net farm
income of $389. Although the average net farm income was a small positive, there is a variation of income across farms. On
page 6 you can see a comparison of farms by net income quartile groups. The bottom 25% (41 farms) averaged $‐189,786 of
net farm income, while the top 25% (41 farms) averaged $180,734 of net farm income. The change upward in 2016 average
net farm income was an increase of 4% in value of farm production from an average of $722,590 in 2015 to $751,325 in 2016.
Total expense increased 3.5% in 2016 from an average of $725,561 in 2015 to $750,936 in 2016.
Crop yields were mostly better in 2016 than 2015. Dryland yields were higher than the previous year. Irrigated corn
and soybean yields were actually lower than the previous year while irrigated wheat and milo yields improved from 2015.
Dryland wheat averaged 66 bushels per acre while dryland corn and milo averaged 107 and 87 bushels per acre, respectively.
Dryland soybean yields averaged 39 bushels per acre. Irrigated corn yields were down to an average of 199 bushels per acre
and irrigated soybeans averaged 51 bushels per acre. Irrigated wheat yields in 2016 averaged 81 bushels per acre and
irrigated milo average 119 bushels per acre. Review the non‐irrigated enterprise summary that begins on page 26 and the
irrigated enterprise summary that begins on page 58 for more details.
Beef cow‐calf operations that sell weaned calves experienced a negative net return of $‐32 above variable cost in
2016. Feed cost for cow‐calf operators decreased from $500 in 2015 to $402 in 2016 which will become more and more
important for cattle producers to control feed and non‐feed costs to get back to positive returns.
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,
Mark A. Wood …
Summary Book - All Counties
TYPE………………………...………………………. 34 - 35
CROP ENTERPRISES…………………………………………………..………… … ENTERPRISES…………………………………………………..………… 36 - 42
CROP - PRICE GRAPHS……………………………………………….………… … 65,193
56,966 26,449
(GROSS CROP VALUE …