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Displaying 4421 - 4430 of 5223
Executive Summary
47,280 $6,930 $65,037
Crop Dryland 630 116,176 111,064 … 56,368 59,772 8,451 70,366
Crop 20-60% Irrigated 81 147,252 … 105,659 52,205 168 89,336
Crop >60% Irrigated 30 127,704 …
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 a …
Sorghum Silage
22 %23.0218.04Seed/Other Crop Expense 24.25
-16.46 -34 … Oil 19.83
1.14 0 %0.001.14Crop Storage &Marketing 0.00
-0.78 -30 %2.641.85Personal …
Brome Hay
9.07
0.39 528 %0.070.46Seed/Other Crop Expense 1.65
-27.14 -42 … Oil 12.75
0.00 0 %0.000.00Crop Storage &Marketing 0.22
-0.73 -51 %1.440.71Personal …
Non-Irrigated Brome
9.07
0.39 528 %0.070.46Seed/Other Crop Expense 1.65
-27.14 -42 … Oil 12.75
0.00 0 %0.000.00Crop Storage &Marketing 0.22
-0.73 -51 %1.440.71Personal …
22 %23.0218.04Seed/Other Crop Expense 24.25
-16.46 -34 … Oil 19.83
1.14 0 %0.001.14Crop Storage &Marketing 0.00
-0.78 -30 %2.641.85Personal …
Non-Irrigated Brome
7.89
-0.10 -27 %0.370.27Seed/Other Crop Expense 0.88
-2.12 -5 %41.2839.17Fertilizer/Lime … 13.91
-0.14 -100 %0.140.00Crop Storage &Marketing 0.00
-0.81 -57 %1.420.62Personal …
Brome Hay
7.89
-0.10 -27 %0.370.27Seed/Other Crop Expense 0.88
-2.12 -5 %41.2839.17Fertilizer/Lime … 13.91
-0.14 -100 %0.140.00Crop Storage &Marketing 0.00
-0.81 -57 %1.420.62Personal …
Executive Summary
173,660
GOVERNMENT PAYMENTS & NET CROP INSURANCE PROCEEDS
2021 … 2.7 % 22.3 % 15.3 %
Net Crop Insurance2/Farm $ 244,461 … 8,982) $ 151,927 $ 92,781
Net Crop Insurance2 % of NFI 94.7 …
Summary Book - All Counties
19
County Crop Insurance & Government Payment … 61
Analysis Factors by Crop Acres … PRODUCTION COMPARISON
Total Crop Acres 2,143
Percent of …