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County Summary
Intensity
report farm acres and cropping (harvesting)
intensity for … Measures:
Harvested Acres 3084 2195 2810
Crop Acres 3747 2604 3398
Harvest … 21-24
Crop Enterprise Analysis:
Non-Irrigated …
Summary Book - All Counties
16
Crop Value and Cost Comparison … 25
Crop Value and Cost Trends, 10 … Non-irrigated Enterprise Analysis Crop Yields, 10-Year Trend …
County Summary
Intensity
report farm acres and cropping
(harvesting) intensity for … Measures:
Harvested Acres 2857 2112 2631
Crop Acres 3493 2529 3201
Harvest … 21-23
Crop Enterprise Analysis:
Non-Irrigated …
August 6, 2021
Land Buying and Valuing
Methodology and Quality Measures publication. As such, the estimates reflect … could be sold under current market conditions, if allowed to … allowed to remain on the market for a reasonable amount of …
August 8, 2022
Land Buying and Valuing
Methodology and Quality Measures publication. As such, the estimates reflect … could be sold under current market conditions, if allowed to … allowed to remain on the market for a reasonable amount of …
August 9, 2023
Land Buying and Valuing
Methodology and Quality Measures publication. As such, the estimates reflect … could be sold under current market conditions, if allowed to … allowed to remain on the market for a reasonable amount of …
August 2, 2024
Land Buying and Valuing
Methodology and Quality Measures publication. As such, the estimates reflect … could be sold under current market conditions, if allowed to … allowed to remain on the market for a reasonable amount of …
August 6, 2020
Land Buying and Valuing
Methodology and Quality Measures publication. As such, the estimates reflect … could be sold under current market conditions, if allowed to … allowed to remain on the market for a reasonable amount of …
County Summary
Colby Office
P.O. Box 841
1975 W 4th St
Colby, KS 67701
Ph: 785‐462‐6664
Fax: 785‐462‐3863
kfmanw@listserv.ksu.edu
May 1, 2017
Dear Farm Managers and Friends,
The Kansas Farm Management Association located in Northwest Kansas has been producing a subset analysis
summary report that includes data from Norton, Graham, Trego, Ness, Phillips, Rooks, Ellis, and Rush Counties over the past
few years. An important reason for this “subset” analysis of 44 farms of the 164 in the entire 2016 KFMA, NW summary is to
provide data and reports that are representative of farms in the counties listed. Farms in “western” Northwest Kansas are
usually larger in acreage and also use irrigation farming. That creates a situation where the whole farm and enterprise data
from western counties has limited value to eastern counties, and also the other way around. The table below highlights four
areas of comparison:
Income Measures include Value of Farm
Production, which is an adjusted accrual gross revenue
with cash feed costs subtracted. Net Farm Income on the
accrual basis includes Value of Farm Production minus
cash expenses and management depreciation. The
management depreciation used is NOT tax depreciation,
but rather an economic depreciation that is intended to
reflect actual economic cost of ownership and use over
time.
Financial Measures include the rate of return on
assets and equity. Net return to capital (NFI minus
Operator Labor charges) is divided into average assets
and equity. Note that in the west and east columns the
% return on Assets is slightly larger than equity. This
means the farms in the analysis are earning a lower
return on borrowed money than the cost of the money.
Current ratios declined in 2016 from 2015, but are still
strong. Debt to Asset ratio remains low and very strong.
Measures of Size and Intensity are simply a
measure of the acres on these farms and cropping
(harvesting) intensity. Also the number of beef cows on
average that these regions operated.
Labor Efficiency is a measure of how intensely the farms are utilizing their hired and operator labor. The number of
workdays on a farm is also a measure of size. Western farms by work days are 25% larger on average than the Eastern farms in
the analysis. Western farms seem to crank out more VFP and NFI per workday which implies an increase in labor efficiency.
We hope you will find the information in this “Eastern Counties” Summary and Analysis useful and insightful for
evaluating the KFMA, NW members in general and your farm in particular. If 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,
…
Enterprise Profit Center Summary
Sow and Litter – Sell Market Hogs (State … 19
Non-Irrigated Crop Enterprise Net Returns to … Received for Non-Irrigated Crops (State …