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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
two years but a surge in market price
was beneficial for … feed crop enterprises.
Cattle operations were not as profitable … crop farming due to low cull markets and increasing feed costs …
Summary Book - All Counties
38
Livestock Enterprise Summary … 45
2020 Livestock Enterprise Written Summary … 45
Livestock Enterprise Summaries …
April 15, 2021
Land Buying and Valuing
from this report. Reported market values should not
be used … and other
production and marketing decisions on acreage representing … recorded as a year of disrupted marketing chains, large government …
April 28, 2023
Land Buying and Valuing
from this report. Reported market values should not
be used … and other
production and marketing decisions on acreage representing … creating
volatility in the markets. Net farm income in 2022 …
September 2, 2022
Ag Law Issues
hires;
• $10 million to the USDA to be spent on “equity … “established securities market.” Under this provision … of
methane emissions from cattle (e.g …
February 12, 2021
Meat Demand Research Studies
alternatives. Given the current market penetration of
plant-based … development and are not
yet on the market. The project provides a … retail
and food service market channels.
The full project …
County Summary
38
Livestock Enterprise Reports … 14,901
Sheep3
Swine4
Poultry and Eggs5
Other Livestock/Hedging6 1,218
Custom Feeding7 … 3,715
Feed Purchased8 -43,888
Livestock Value Produced9 $112,880
Corn10 …
Summary Book - All Counties
Income
The various kinds of livestock and crop income values are … output. Income for
other livestock and crop items are computed … Receipts
+ Ending Grain & Livestock Inventory
- Beginning Grain …
March 9, 2011
Energy
make them a good feed
for livestock. A small portion of the distill-
ers … roughage more palatable to
livestock.
Figure 5. Ethanol storage … initially hurt
confined livestock operations in the region …