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May 8, 2024
Ag Law Issues
factor in determining fair market value. It doesn’t
override … flooded for days, destroying crops and killing cattle. The …
July 16, 2024
Ag Law Issues
the corporation’s fair market value included the life insurance … or a Swampbuster issue or crop
insurance fraud, could have …
September 18, 2019
Beef Cattle, KFMA Research
able to influence overall market conditions,
they do have … were feed, pasture, vet,
marketing, labor, depreciation, machinery … relies relatively more on crop enterprises.
Multi-year …
May 18, 2021
Beef Cattle
able to influence overall market conditions,
they do have … were feed, pasture, vet,
marketing, labor, depreciation, machinery … relies relatively more on crop
enterprises.
Multi-year …
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,
…
Acreage
3,049
16 OTHER CROP … 17,364
18 CROP INSURANCE PROCEEDS … 14,445
26 SEED-OTHER CROP EXPENSE …
Capital Managed
13,261
16 OTHER CROP … 3,277
18 CROP INSURANCE PROCEEDS … 8,110
27 SEED-OTHER CROP EXPENSE …
Capital Managed
2,573
16 OTHER CROP … 4,814
18 CROP INSURANCE PROCEEDS … 3,892
26 SEED-OTHER CROP EXPENSE …
Capital Managed
132
16 OTHER CROP … 7,302
18 CROP INSURANCE PROCEEDS … 5,651
26 SEED-OTHER CROP EXPENSE …
Acreage
3,320
16 OTHER CROP … 8,324
18 CROP INSURANCE PROCEEDS … 8,936
26 SEED-OTHER CROP EXPENSE …