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Annual Book
Association 2004 Membership Map … reports, crop and livestock marketing and outlook
reports, crop … equity computed on
an accrual basis. The actual return to these …
Summary Book - All Counties
FARM ANALYSIS INFORMATION
Map of Association, Directors … Average 2010 2009 2008 2007 2006
Number of farms 149 162 … Values updated to a "Modified" Market Value …
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
Farm Income by SC County (map) .............................................................................12 … worth computed on an accrual basis. (Partnerships and
corporations … 226.41243.55424,742
Assets/Loans January 1 December 31December 31 …
Summary Book - All Counties
Farm Income by SC County (map) .............................................................................12 … 233.35243.67419,839
Assets/Loans January 1 December 31December 31January 1
Current Assets66 391,234373,546
Non-Current …
Summary Book - All Counties
in northwest Kansas; the map on page 3 shows the counties … 85,345 per farm average 2019 Market Facilitation Program payment … see page 9 for the whole map. Value of Farm Production …
Summary Book - All Counties
May 1, 2016
Dear Farm Managers and Friends,
The 2015 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 …
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 cou … ans 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
FARM ANALYSIS INFORMATION
Map of Association, Directors, KSU, …
Summary Book - All Counties
in northwest Kansas; the map on page 3 shows the counties … two years but a surge in market price
was beneficial for … crop farming due to low cull markets and increasing feed costs …