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Sorghum Silage
Crop Acres 63 … DIV/0! #DIV/0!
Crop Insurance Proceeds … DIV/0! #DIV/0!
Seed / Other Crop Expense 405.26 …
No-Till Sunflowers
Crop Acres 308 … Crop Insurance Proceeds 4,128.57 … Seed / Other Crop Expense 3,051.57 …
May 2, 2022
Recent Videos, Risk and Profit Online Mini-Conference Presentations
tons
Ukrainian Export, 2021, %
Source: based on the data of the State Statistic Service of Ukraine
Source: *press service of the Ukrainian Railway
Currently the railway is the main grain‐bearing artery, and the western border has been the main route for grain to foreign markets. The Ukrainian Railway can transship 1 million tons of grain per month at the western border crossings. The company is working on expanding the capacity to 5 million tons. The Ukrainian Railway offers exporters to reload grain at 13terminals
Capacity of train transfer through border crossing of Ukrainian Railway as of April 19, 2022
Border crossing …
Annual Book
regardi n g KFMA reports , crop and livesto c k marketi n … g and
outlook report s , crop insuran c e , farm manageme … – such as swine and cash-crop/beef. Cash …
Summary Book - All Counties
36-42
Crop Profit Center Analysis … gt;Integrate tax planning,
marketing, and asset … various kinds of livestock and crop income values are computed …
Executive Summary
EXECUTIVE SUMMARY
Continued drought in 2023 had a significant impact on agricultural production for much of Kansas.
Lower than average yields, coupled with a significant decline in value of crop inventory carried from
2 … ried from
2022 due to falling crop prices, resulted in noticeable decreases in net farm income for all six KFMA
Associations. As …
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
16
Crop Value and Cost Comparison … 25
Crop Value and Cost Trends, 10 … 44
Non-irrigated Enterprise Analysis Crop Yields, 10-Year Trend …
No-Till Cane Hay-Sudan
HAY
33Number of Farms 26
85Crop Acres 139
37Acres Owned … 10.284.921,428.01
1,192.69 4.76 14.07Seed/Other Crop Expense 16.577.932,301.87
71.73 … 16.577.932,301.87
71.73 0.29 0.85Crop Insurance 3.591.72498.42
2,091.66 …
Wheat
WHEAT
23Number of Farms 17
670Crop Acres 600
250Acres Owned … Income 632.13
29,292.37Crop Insurance Proceeds 14,929.01 … 4,968.01 0.35 7.41Seed/Other Crop Expense 11.650.716,990.90 …