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Displaying 4031 - 4040 of 4117
Beef Cows Sell Calves
293.37
Livestock Futures 9.42 … 2.75 15.14
LivestockMarketing / Breeding 1,349.95 …
Dairy Cows
0.10 21.34
Livestock Futures 6.75 … 1.29 271.73
LivestockMarketing / Breeding 9,643.64 …
Beef Backgrounding Finishing
126.95
Livestock Futures 425.05 … 1.93 12.85
LivestockMarketing / Breeding 7,248.83 …
Beef Backgrounding
1,954.13
Livestock Futures (779.40 … 5.29 18.26
LivestockMarketing / Breeding 4,640.94 …
Beef Cows Sell Feeders
147.81
Livestock Futures (81.12 … 3.35 23.33
LivestockMarketing / Breeding 1,776.13 …
Summary Book - All Counties
May 1, 2018
Dear Farm Managers and Friends,
The 2017 ProfitLink Summary information processed farm financial records for participating Kansas Farm
Management Association, NW members from 17 counties in northwest Kansas; the map on page 3 shows the counties where
participating members farm and ranch. One hundred thirty‐five (135) farms were summarized and represent 54% of the 2017
KFMA, NW membership. The KFMA economists and staff express thanks to the farm families for their participation and
record keeping to be utilized in the summary. Additional appreciation is extended to the individuals at the KMAR‐105
Association for their help in accumulating the data.
Net farm income increased greatly in 2017 to $94,071 compared to the two low income years in 2015 and 2016.
Although the average net farm income was positive, many operations are still experiencing decreasing liquidity and carryover
debt. There is also a great variance of income across farms in the association and page 19 has a comparison of farms by net
farm income quartile groups. The bottom 25% (33 farms) averaged ‐$146,201 net farm income (loss), while the top 25% (34
farms) averaged $450,929 net farm income. Value of farm production increased 16.8% from an average of $760,276 in 2016
to an average of $913,916 in 2017. Total expense increased 7.6% from an average of $757,379 in 2016 to $819,845 in 2017.
Crop yields were average to above average across the association in 2017. Dryland wheat had a wide range of yields
from completely hailed to 80 bushels per acre (bu/ac), and an overall average of 40.6 bu/ac. Most of the association found
rainfall to be above average and timely for the year which was great for corn. Dryland corn averaged 104.6 bu/ac and
irrigated corn averaged 202.5 bu/ac, which were key factors in the net farm income for the association. The weather was
great for corn but the cool, wet portions of the fall made it hard for dryland milo to finish and only yielded 79.6 bu/ac.
Soybean yields were more varied amongst the fall crops because of the geographic area covered. The eastern portion of our
association was on the outskirts of the central Kansas drought and more dryland soybeans are planted in that area. Overall,
dryland soybeans averaged 30.6 bu/ac and irrigated soybeans averaged 61.7 bu/ac. Hay production was good as well and
alfalfa yielded 3.72 ton to the acre. See page 39 for more details on the dryland crop enterprises, page 53 for irrigated crop
enterprises, and page 63 for the feed crop enterprises.
Cattle operations experienced positive returns primarily due to an upward moving feeder cattle market; however,
cull cow …
Summary Book - All Counties
operations fought a disrupted market chain in 2020 driving prices … Integrated tax planning, marketing and asset investment strategies … 80
V. LIVESTOCK ENTERPRISE ANALYSIS …
Summary Book - All Counties
two years but a surge in market price
was beneficial for … crop farming due to low cull markets and increasing feed costs … 68
V. LIVESTOCK ENTERPRISE ANALYSIS
Cow-Calf …
Summary Book - All Counties
85,345 per farm average 2019 Market Facilitation Program payment … 8
Market Facilitation Program Explanation … 80
V. LIVESTOCK ENTE RPRISE ANALYSIS
Lives …
Summary Book - All Counties
the net worth in machinery, livestock, grain,
feeds, and current-intermediate … Current Assets
Total value of livestock, supplies, crops, feed and … represent an approximation of market
value of motorized equipment …