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August 1, 2019
Breakout Sessions
Strength of the dollar and trade
Current Economic Conditions
Returns to Farming
Source: KFMA Enterprise Reports (http://www.agmanager.info/kfma)
Net Farm and Ranch Income
$(20,000)
$30,000
$80,000
$130,000
$180,000
Retu
rns o
ver T
otal
Cos
ts
Net Farm Income Per Operator
Dryland Crop Cowherd
Average Net Farm Income 2018
$‐
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
Average Net Farm Income ‐ …
April 29, 2020
Land Buying and Valuing, Land Use Value Research
Information for land productivity, crop-mix,
yields, prices, landlord … determine the productivity for crop growth of individual soil … above or below average in crop productivity for that county …
June 28, 2018
KFMA Newsletters
While the agriculture sector continues in a period of tight margins and cash flow constraints, the average net farm
income for KFMA member farms increased to $62,944 in 2017. There is much variability from farm to farm within the
data – differences in production (record yields for some, drought for others), differences in financial position and cost
structure, differences in decision making and management of risk. For summary reports of the KFMA data, please visit
www.agmanager.info/KFMA.
As we do each year, six KFMA economists and myself participated in a roundtable discussion of the new reports for the
May 10 edition of the “Agriculture Today” radio program, produced by K‐State Research and Extension. That discussion
is available online at http://agtodayksu.libsyn.com/report‐2017‐kansas‐net‐farm‐income‐agriculture‐today‐may‐10‐
2018. A follow up interview was completed and will air the final week of June. All Agricultural Economic related radio
show recordings are available at http://www.agmanager.info/news#ksrn‐radio‐interviews .
Keeping accurate records, and benchmarking with those records to identify strengths and weaknesses, will help you
focus your management efforts. Your records can help you identify and manage production costs, provide a starting
point for market planning, and give you the opportunity to understand your farm business better than anyone else. Your
investment of time into this process is important as you seek to manage the current environment successfully.
Kevin
Kansas …
January 1, 1999
Financial Statements and Ratios
Income Statement Terms
Accrual Basis of Accounting is a method … when cash is paid.
Cash Basis of Accounting is a method … inventories. This accrual basis income
reflects the value …
July 24, 2024
Demand
https://www.beefmagazine.com/market-news/what-s-the-similarity-
between-blue-jeans-and-beef-demand-
Quarterly … 7/15/24)
Data Source: Livestock Marketing Information Center
% Chg … 7/15/24)
Data Source: Livestock Marketing Information Center
Live …
August 20, 2012
drought magnified cattle market impact
compared to 2011 … Cow
C-P-66
08/09/12Livestock Marketing Information Center
Data … Cow
C-P-66
03/21/12Livestock Marketing Information Center Data Source …
January 30, 2023
Ag Law Issues
requirements if desiring to market pork products in California … protect the national economic market
from opportunistic behavior … actors compete in the same
market. But, the reason that the …
January 1, 2011
Land Leasing
Forms
conditions,
anticipated market conditions and even long … pasture rent on a per-acre basis
or a share of gainbasis gives an incentive
to the … can be established on the basis of
animal-days or animal …
August 1, 2018
Breakout Sessions
On-farm visits
* Accrual basis whole-farm and enterprise … Integrated tax planning, marketing and asset investment
strategies … Transporting
(Examples from Trusted Choice insurance)
Are you covered???
Crop:Crop-HailMulti-Peril (MPCI …
June 22, 2010
Energy
2019 period are used as a basis for this analysis. United … pound-
for-pound or 1-for-1 basis. It is also assumed that … DDGS will be rationed by market forces in such a manner
so …