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August 1, 2005
Land Buying and Valuing
14
Figure 5. Kansas Crop and Livestock Reporting Service … agriculture. Two earlier publications summa-
rize Kansas farmland … 1992). The purpose of this publication is to update
those studies …
Summary Book - All Counties
various kinds of livestock and crop income values are computed … for
other livestock and crop items are computed by the … of how hard
you work.
(Crop Labor Standards x # of acres …
September 1, 2005
Farm Business and Transition Planning
products or services, target markets, and
work force composition … enterprise mix) of the business
Marketing practices (traditional or
unique)
How … operator to put up alfalfa crop beginning this year:
Schedule …
Intensity report
farm acres and cropping (harvesting) intensity
for … Measures:
Harvested Acres 3097 1832 2757
Crop Acres 3685 2240 3304
Harvest … Integrated tax planning, marketing and asset investment strategies …
Beef Cows Sell Calves Spring Calving
Lease 7.561.231,132.83
Fees, Publications, Travel 8.011.311,200.71
Vet … 31.065.064,654.76
Lvstk Marketing/Breeding 23.543.843,527.99
Gas … non-irrigated) or 20% (irrigated). Crop production paid to landlord …
Beef Backgrounding
Lease 7.932.322,892.94
Fees, Publications, Travel 4.201.231,534.62
Vet … 31.819.3211,610.30
Lvstk Marketing/Breeding 0.200.0672.97
Gas … non-irrigated) or 20% (irrigated). Crop production paid to landlord …
Beef Cows Sell Calves Fall Calving
Lease 7.771.19952.25
Fees, Publications, Travel 4.270.65523.34
Vet … 39.516.034,843.40
Lvstk Marketing/Breeding 12.491.911,530.83
Gas … non-irrigated) or 20% (irrigated). Crop production paid to landlord …
Summary Book - All Counties
May 1, 2016
Dear Farm Managers and Friends,
The 2015 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 fifty‐three (153) farms were summarized and represent 61% of the Farm
Management Association, NW 2015 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 a good 2014 year with net farm income of $108,532, 2015 took a downhill slide to a net farm income of
$(2,971). After 66 analysis years, this is only the fifth year in the history of KFMA, NW to post a negative net farm income
following 1953, 1956, 1981, and 2002. Although the average net farm income was a small negative, 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% (39
farms) averaged $‐202,117 of net farm income, while the top 25% (38 farms) averaged $183,650 of net farm income. The
driving force behind the decrease in 2015 average net farm income was a decrease of 21% in value of farm production from
an average of $917,918 in 2014 to only $722,590 in 2015. Total expense also decreased in 2015 to $725,561 but not enough
to avoid a loss on the year.
Although net farm income was negative, crop yields were better in 20 …
Grain Sorghum
6
Crop Acres 139 170 … 24.68
Crop Insurance Proceeds 69.26 … 0.50 48.18 0.00 0.28
Crop Futures 0.00 0.00 0.00 (828.14 …
Grain Sorghum
6
Crop Acres 131 176 … 30.78
Crop Insurance Proceeds $597.93 … 35.47 0.00 0.20
Crop Futures $0.00 0.00 0.00 $0.00 …