Search
Displaying 5581 - 5590 of 7386
County Summary
Measures include value of farm production,
which is an adjusted accrual … basis
includes value of farm production minus cash expenses and
management … Measures:
Value of Farm Production 829,945$ 618,836$ 765,539 …
County Summary
Colby Office
P.O. Box 841
1975 W 4th St
Colby, KS 67701
Ph: 785‐462‐6664
Fax: 785‐462‐3863
kfmanw@listserv.ksu.edu
May 1, 2016
Dear Farm Managers and Friends,
The Kansas Farm Management Association located in Northwest Kansas has been producing a subset analysis
summary report that includes data from Norton, Graham, Trego, Ness, Phillips, Rooks, Ellis, and Rush Counties over the past
few years. An important reason for this “subset” analysis of 40 farms of the 153 in the entire 2015 KFMA, NW summary is to
provide data and reports that are representative of farms in the counties listed. Farms in “western” Northwest Kansas are
usually larger in acreage and also use irrigation farming. That creates a situation where the whole farm and enterprise data
from western counties has limited value to eastern counties, and also the other way around. The table below highlights four
areas of comparison:
Income Measures include Value of Farm
Production, which is an adjusted ac …
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 $402 in 2016 which will become more and more
important for cattle producers to control feed and non‐feed costs to get back to positive returns.
We hope you will find the information useful and insightful for evaluating the KFMA, NW members in general and
your farm in particular. If you want to know more about how your farm compares to similar farms, and you are currently not
a member of the Farm Management Association, NW, consider giving us a call. We are taking applications for membership in
all of the KFMA, NW area.
Sincerely,
Mark A. Wood …
County Summary
Measures include value
of farm production, which is an adjusted
accrual … basis includes value of farm
production minus cash expenses and
management … Measures:
Value of Farm Production 1,156,806$ 783,512$ 1,044,545 …
County Summary
Measures include value of farm production,
which is an adjusted accrual … basis includes
value of farm production minus cash expenses and
management … Measures:
Value of Farm Production 1,087,715$ 554,469$ 913,916 …
Summary Book - All Counties
INCOME……………………………………… … 5
VALUE FARM PRODUCTION/ACCRUAL NET FARM INC 1980 … … 48 - 49
CONTRACT TURKEY PRODUCTION/DAIRY COWS………………………… … 95,785
Total Value of Farm Production 518,928 528,404 454,361 455,101 …
Summary Book - All Counties
Breakdown of Value of Farm Production ...............................................................................� …
Net Farm Income-Quartiles
17,68449,162
Value of Farm Production21 $404,618$1,326,281
Hired … Days78 191563
Value Farm Production/Worker79 396,198616,039
Net … 1,480,8262,783,330
Value of Farm Production/Operator82 438,0161,189,935
Net …
Net Farm Income-Quartiles
28,20550,263
Value of Farm Production21 $611,409$1,233,831
Hired … Days78 353616
Value Farm Production/Worker79 394,074450,882
Net … 1,895,4082,107,425
Value of Farm Production/Operator82 521,228761,537
Net …
Net Farm Income-Quartiles
20,86441,804
Value of Farm Production21 $503,683$967,845
Hired … Days78 378619
Value Farm Production/Worker79 343,604502,040
Net … 1,327,4542,401,143
Value of Farm Production/Operator82 496,959878,702
Net …