Northwest KFMA
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2005 DATA - NW KANSAS INCOME AND EXPENSE ANALYSIS SORTED BY TOTAL CROP ACRES < 501 ACRES 501 - 1,000 ACRES 18 FARMS 26 FARMS ITEM PER FARM PER FARM 1 BEEF 40,675 36,466 2 DAIRY AND MILK 139 3 SHEEP 344 4 SWINE 5 POULTRY AND EGGS 3 6 OTHER LIVESTOCK 692 -50 7 CUSTOM FEEDING 3,681 625 8 FEED PURCHASED -10,644 -5,726 9 LIVESTOCK INCOME $ 34,543 $ 31,662 10 CORN 7,756 27,234 11 GRAIN SORGHUM 1,864 5,915 12 SOYBEANS 2,442 4,011 13 SUNFLOWERS 153 2,280 14 WHEAT 9,170 23,785 15 HAY AND FORAGE -1,747 2,416 16 OTHER CROP -98 1,039 17 GOVERNMENT PAYMENTS 10,313 32,730 18 CROP INSURANCE PROCEEDS 995 3,039 19 OTHER INCOME 8,470 12,190 20 VALUE OF FARM PRODUCTION $ 73,862 $ 146,301 21 HIRED LABOR 2,251 2,311 22 MACHINERY REPAIRS 5,775 12,046 23 IRRIGATION REPAIRS 43 413 24 BUILDING REPAIRS 604 512 25 INTEREST PAID 7,323 12,388 26 SEED-OTHER CROP EXPENSE 2,786 6,109 27 CROP INSURANCE 1,656 4,528 28 FERTILIZER-LIME 4,087 7,883 29 MACHINE HIRE 4,228 6,271 30 ORGANIZATION FEE, PUBLICATION 1,356 2,828 31 VET-MED-DRUGS 2,108 1,541 32 CROP STORAGE-MARKETING -66 143 33 LIVESTOCK MARKETING-BREEDING 1,266 1,001 34 DAIRY EXPENSE 1,336 35 GAS-FUEL-OIL 4,456 9,962 36 IRRIGATION ENERGY 912 5,485 37 REAL ESTATE TAXES 1,816 3,291 38 PERSONAL PROPERTY TAXES 141 176 39 GENERAL FARM INSURANCE 1,783 3,291 40 UTILITIES 1,331 1,883 41 CASH FARM RENT 6,663 11,739 42 HERBICIDE-INSECTICIDE 3,488 9,097 43 CONSERVATION 547 274 44 AUTO EXPENSE 1,296 1,375 45 TOTAL OPERATING EXPENSE $ 55,853 $ 105,882 46 DEPRECIATION-MACHINERY 8,864 10,053 47 DEPRECIATION-BUILDINGS 510 798 48 TOTAL FARM EXPENSE $ 65,228 $ 116,732 49 NET FARM INCOME $ 8,634 $ 29,569 50 UNPAID FAMILY LABOR 1,625 1,817 51 UNPAID OPERATOR LABOR 11,250 17,238 52 MANAGEMENT CHARGE 3,329 7,663 53 CURRENT ASSET CHARGE - 8% 4,704 8,724 54 NONCURRENT ASSET CHARGE - 8% 18,193 24,519 55 RETURN LABOR-MANAGEMENT -15,889 -5,491 56 RETURN TO CAPITAL -247 15,238 57 ASSET TURNOVER RATIO .1817 .2412 58 OPERATING PROFIT MARGIN RATIO -.0033 .1042 59 % RETURN ON ASSETS -.0006 .0251 60 % RETURN ON EQUITY -.0264 .0069 61 TOTAL EXPENSE RATIO .8831 .7979 62 ADJUSTED TOTAL EXPENSE RATIO 1.1025 .9805 63 ECONOMIC TOTAL EXPENSE RATIO 1.4125 1.2077 ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31 64 CURRENT ASSETS 111,975 127,388 147,722 182,672 65 NONCURRENT ASSETS 283,335 290,223 441,773 440,959 66 CURRENT LIABILITIES 60,051 61,705 59,106 53,196 67 NONCURRENT LIABILITIES 58,721 60,002 132,176 137,585 68 CURRENT RATIO 1.86 2.06 2.50 3.43 69 DEBT TO ASSET RATIO .30 .29 .32 .31

2005 DATA - NW KANSAS ANALYSIS OF THE FARM BUSINESS SORTED BY TOTAL CROP ACRES < 501 ACRES 501 - 1,000 ACRES AVERAGE ASSET & NET WORTH VALUES 70 BREEDING LIVESTOCK 48,401 35,090 71 MACHINERY AND EQUIPMENT 19,192 37,574 72 MOTOR VEHICLES & LISTED PROPE 35,389 49,821 73 BUILDINGS 5,776 7,796 74 OWNED LAND 221,042 341,014 75 TOTAL ASSETS 406,461 606,563 76 NET WORTH 286,221 415,532 LABOR 77 NUMBER OF OPERATORS .41 .63 78 NUMBER OF WORKERS .56 .81 79 TOTAL WORK DAYS 56 130 80 VALUE FARM PRODUCTION/WORKER 130,345 179,426 81 NET FARM INCOME/WORKER 15,237 36,264 PER OPERATOR BASIS 82 TOTAL ASSETS 975,507 950,038 83 VALUE OF FARM PRODUCTION 177,269 229,146 84 NET FARM INCOME 20,722 46,312 OTHER FACTORS 85 % CROP ACRES IRRIGATED 9.24 13.64 86 % TILLABLE LAND 19.42 48.41 87 CROP MACH COST/TOT EXPENSE(%) 23.93 30.23 ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT 88 TOTAL ACRES 1077 18 494 15 1089 11 1578 26 784 22 1034 23 89 NON-IRRIGATED CROP ACRES 244 14 203 13 660 26 347 22 433 22 90 IRRIGATED CROP ACRES 271 10 203 7 215 6 91 TOTAL CROP ACRES 269 14 227 13 764 26 411 22 491 22 92 PASTURE ACRES 1099 14 424 10 1115 10 1100 19 499 16 861 15 93 FARMSTEAD ACRES 34 7 37 6 31 9 27 8 CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE 94 ACRES 209 160 764 615 95 CROP MACHINERY INVESTMENT 39,218 187.40 244.52 79,267 103.75 128.87 96 CROP MACHINERY COST 15,609 74.59 97.32 35,290 46.19 57.38 97 GROSS CROP VALUE 37,537 149.47 195.03 117,050 153.20 190.30 98 CROP PRODUCTION COSTS 38,901 165.23 215.59 79,921 104.60 129.94 NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 99 CORN 6 93 85 70.2 8 93 92 64.5 95 51.2 100 GRAIN SORGHUM 4 60 60 77.8 10 173 103 89.0 188 68.6 101 SOYBEANS 102 SUNFLOWERS 103 WHEAT 13 116 93 36.6 26 321 176 30.3 221 34.7 104 OTHER CROPS 105 ALFALFA 5 55 41 5.4 106 OTHER HAY & FORAGE 11 131 62 126 107 VEGETABLES 108 TRUCK CROPS 109 FRUIT - FLOWERS - TREES IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 110 CORN 8 200 145 184.0 183 213.4 111 GRAIN SORGHUM 112 SOYBEANS 4 81 113 SUNFLOWERS 114 WHEAT 115 OTHER CROPS 116 ALFALFA 117 OTHER HAY & FORAGE 118 VEGETABLES 119 TRUCK CROPS 120 FRUIT - FLOWERS - TREES AVERAGE LIVESTOCK INVENTORIES AND SALES 121 BEEF COWS 12 14 122 DAIRY COWS 123 EWES 124 SOWS 125 BEEF PURCH. FOR RESALE SALES 4 16 126 SWINE PURCH. FOR RESALE SALES 127 TURKEYS

2005 DATA - NW KANSAS INCOME AND EXPENSE ANALYSIS SORTED BY TOTAL CROP ACRES 1,001 - 1,500 ACRES 1,501 - 2,000 ACRES 38 FARMS 28 FARMS ITEM PER FARM PER FARM 1 BEEF 51,002 59,840 2 DAIRY AND MILK 7,259 3 SHEEP 4 SWINE 5 POULTRY AND EGGS 6,835 589 6 OTHER LIVESTOCK -3,094 1,681 7 CUSTOM FEEDING 4,455 2,133 8 FEED PURCHASED -11,907 -14,991 9 LIVESTOCK INCOME $ 54,550 $ 49,252 10 CORN 54,801 74,701 11 GRAIN SORGHUM 15,019 7,763 12 SOYBEANS 5,485 6,760 13 SUNFLOWERS 5,256 2,389 14 WHEAT 39,103 72,453 15 HAY AND FORAGE 8,635 5,144 16 OTHER CROP 2,298 -724 17 GOVERNMENT PAYMENTS 55,687 67,884 18 CROP INSURANCE PROCEEDS 10,401 15,741 19 OTHER INCOME 12,542 15,217 20 VALUE OF FARM PRODUCTION $ 263,778 $ 316,581 21 HIRED LABOR 5,099 7,448 22 MACHINERY REPAIRS 15,693 17,517 23 IRRIGATION REPAIRS 2,116 3,054 24 BUILDING REPAIRS 1,424 1,460 25 INTEREST PAID 18,419 25,589 26 SEED-OTHER CROP EXPENSE 17,039 15,125 27 CROP INSURANCE 6,969 12,295 28 FERTILIZER-LIME 20,850 28,135 29 MACHINE HIRE 14,168 14,444 30 ORGANIZATION FEE, PUBLICATION 3,041 2,569 31 VET-MED-DRUGS 1,913 1,628 32 CROP STORAGE-MARKETING 854 2,419 33 LIVESTOCK MARKETING-BREEDING 2,479 1,984 34 DAIRY EXPENSE 35 GAS-FUEL-OIL 15,099 16,559 36 IRRIGATION ENERGY 18,708 20,124 37 REAL ESTATE TAXES 4,234 4,769 38 PERSONAL PROPERTY TAXES 93 11 39 GENERAL FARM INSURANCE 4,394 5,372 40 UTILITIES 3,161 2,708 41 CASH FARM RENT 14,314 18,397 42 HERBICIDE-INSECTICIDE 17,463 19,846 43 CONSERVATION 192 202 44 AUTO EXPENSE 1,754 1,618 45 TOTAL OPERATING EXPENSE $ 189,476 $ 223,272 46 DEPRECIATION-MACHINERY 17,319 26,675 47 DEPRECIATION-BUILDINGS 1,294 1,507 48 TOTAL FARM EXPENSE $ 208,089 $ 251,455 49 NET FARM INCOME $ 55,689 $ 65,126 50 UNPAID FAMILY LABOR 2,605 2,571 51 UNPAID OPERATOR LABOR 18,474 18,707 52 MANAGEMENT CHARGE 13,390 15,490 53 CURRENT ASSET CHARGE - 8% 14,435 10,318 54 NONCURRENT ASSET CHARGE - 8% 42,096 41,240 55 RETURN LABOR-MANAGEMENT -3,448 10,997 56 RETURN TO CAPITAL 39,640 53,947 57 ASSET TURNOVER RATIO .2682 .3169 58 OPERATING PROFIT MARGIN RATIO .1503 .1704 59 % RETURN ON ASSETS .0403 .0540 60 % RETURN ON EQUITY .0300 .0440 61 TOTAL EXPENSE RATIO .7889 .7943 62 ADJUSTED TOTAL EXPENSE RATIO .9196 .9104 63 ECONOMIC TOTAL EXPENSE RATIO 1.1339 1.0733 ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31 64 CURRENT ASSETS 247,150 290,145 242,150 287,639 65 NONCURRENT ASSETS 706,675 722,870 719,727 748,435 66 CURRENT LIABILITIES 88,012 88,409 123,298 148,547 67 NONCURRENT LIABILITIES 184,926 192,206 209,397 227,766 68 CURRENT RATIO 2.81 3.28 1.96 1.94 69 DEBT TO ASSET RATIO .29 .28 .35 .36

2005 DATA - NW KANSAS ANALYSIS OF THE FARM BUSINESS SORTED BY TOTAL CROP ACRES 1,001 - 1,500 ACRES 1,501 - 2,000 ACRES AVERAGE ASSET & NET WORTH VALUES 70 BREEDING LIVESTOCK 51,279 43,162 71 MACHINERY AND EQUIPMENT 69,375 87,808 72 MOTOR VEHICLES & LISTED PROPE 79,756 111,201 73 BUILDINGS 13,275 17,649 74 OWNED LAND 506,851 496,079 75 TOTAL ASSETS 983,420 998,976 76 NET WORTH 706,643 644,472 LABOR 77 NUMBER OF OPERATORS .68 .69 78 NUMBER OF WORKERS .96 1.09 79 TOTAL WORK DAYS 260 263 80 VALUE FARM PRODUCTION/WORKER 273,122 289,682 81 NET FARM INCOME/WORKER 57,662 59,592 PER OPERATOR BASIS 82 TOTAL ASSETS 1,437,306 1,441,821 83 VALUE OF FARM PRODUCTION 385,522 456,921 84 NET FARM INCOME 81,392 93,996 OTHER FACTORS 85 % CROP ACRES IRRIGATED 25.03 18.83 86 % TILLABLE LAND 57.09 65.98 87 CROP MACH COST/TOT EXPENSE(%) 27.78 29.75 ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT 88 TOTAL ACRES 2249 38 1087 34 1470 33 2618 28 876 27 1839 27 89 NON-IRRIGATED CROP ACRES 962 38 425 34 713 31 1402 28 451 27 1003 27 90 IRRIGATED CROP ACRES 488 25 272 19 391 18 536 17 318 13 355 14 91 TOTAL CROP ACRES 1284 38 578 34 883 33 1727 28 604 27 1187 27 92 PASTURE ACRES 1437 25 764 22 1194 16 1203 20 463 15 1070 16 93 FARMSTEAD ACRES 54 14 38 13 67 13 30 13 CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE 94 ACRES 1284 959 1727 1278 95 CROP MACHINERY INVESTMENT 133,378 103.89 139.12 180,041 104.24 140.84 96 CROP MACHINERY COST 57,814 45.03 60.30 74,806 43.31 58.52 97 GROSS CROP VALUE 256,046 199.44 267.07 292,136 169.13 228.53 98 CROP PRODUCTION COSTS 156,555 121.94 163.30 194,499 112.61 152.15 NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 99 CORN 18 232 139 37.4 176 43.6 10 275 57 41.8 287 54.6 100 GRAIN SORGHUM 10 223 98 70.2 172 67.1 14 235 166 62.4 164 64.3 101 SOYBEANS 102 SUNFLOWERS 103 WHEAT 37 435 203 33.3 340 33.3 28 672 248 33.0 485 35.8 104 OTHER CROPS 105 ALFALFA 6 111 39 4.6 128 4.0 5 40 35 2.7 106 OTHER HAY & FORAGE 13 68 47 64 9 134 48 115 107 VEGETABLES 108 TRUCK CROPS 109 FRUIT - FLOWERS - TREES IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 110 CORN 21 326 156 178.2 333 191.4 12 421 253 196.5 277 198.6 111 GRAIN SORGHUM 112 SOYBEANS 7 146 119 49.7 5 118 80 64.2 113 SUNFLOWERS 10 125 116 18.3 69 20.7 4 104 114 WHEAT 9 124 86 46.2 86 34.4 11 209 140 38.8 189 39.5 115 OTHER CROPS 5 114 96 116 ALFALFA 117 OTHER HAY & FORAGE 6 153 186 5 98 118 VEGETABLES 119 TRUCK CROPS 120 FRUIT - FLOWERS - TREES AVERAGE LIVESTOCK INVENTORIES AND SALES 121 BEEF COWS 38 19 122 DAIRY COWS 2 123 EWES 124 SOWS 125 BEEF PURCH. FOR RESALE SALES 30 51 126 SWINE PURCH. FOR RESALE SALES 127 TURKEYS

2005 DATA - NW KANSAS INCOME AND EXPENSE ANALYSIS SORTED BY TOTAL CROP ACRES 2,001 - 2,500 ACRES 2,501 - 3,000 ACRES 21 FARMS 17 FARMS ITEM PER FARM PER FARM 1 BEEF 112,209 52,595 2 DAIRY AND MILK 3 SHEEP 4 SWINE 5 POULTRY AND EGGS 6 OTHER LIVESTOCK -47 -24 7 CUSTOM FEEDING 283 823 8 FEED PURCHASED -25,104 -10,054 9 LIVESTOCK INCOME $ 87,341 $ 43,341 10 CORN 70,462 84,709 11 GRAIN SORGHUM 5,350 17,633 12 SOYBEANS 6,995 15,685 13 SUNFLOWERS 14,419 14,534 14 WHEAT 77,878 71,875 15 HAY AND FORAGE 13,689 -1,327 16 OTHER CROP 3,534 -913 17 GOVERNMENT PAYMENTS 98,860 91,042 18 CROP INSURANCE PROCEEDS 18,178 29,100 19 OTHER INCOME 21,867 13,400 20 VALUE OF FARM PRODUCTION $ 418,573 $ 379,079 21 HIRED LABOR 11,751 11,975 22 MACHINERY REPAIRS 32,072 26,055 23 IRRIGATION REPAIRS 2,677 2,913 24 BUILDING REPAIRS 1,694 1,269 25 INTEREST PAID 27,854 22,915 26 SEED-OTHER CROP EXPENSE 23,824 24,637 27 CROP INSURANCE 12,342 14,544 28 FERTILIZER-LIME 37,774 36,564 29 MACHINE HIRE 16,404 13,952 30 ORGANIZATION FEE, PUBLICATION 4,302 3,431 31 VET-MED-DRUGS 3,405 1,311 32 CROP STORAGE-MARKETING 1,550 1,840 33 LIVESTOCK MARKETING-BREEDING 1,059 2,011 34 DAIRY EXPENSE 35 GAS-FUEL-OIL 26,088 23,829 36 IRRIGATION ENERGY 27,653 25,024 37 REAL ESTATE TAXES 5,396 5,212 38 PERSONAL PROPERTY TAXES 290 267 39 GENERAL FARM INSURANCE 8,435 6,195 40 UTILITIES 3,436 2,668 41 CASH FARM RENT 29,065 19,629 42 HERBICIDE-INSECTICIDE 22,051 32,485 43 CONSERVATION 736 84 44 AUTO EXPENSE 1,321 893 45 TOTAL OPERATING EXPENSE $ 301,179 $ 279,703 46 DEPRECIATION-MACHINERY 33,948 26,187 47 DEPRECIATION-BUILDINGS 1,336 2,632 48 TOTAL FARM EXPENSE $ 336,462 $ 308,522 49 NET FARM INCOME $ 82,111 $ 70,557 50 UNPAID FAMILY LABOR 4,286 5,294 51 UNPAID OPERATOR LABOR 21,214 20,171 52 MANAGEMENT CHARGE 20,017 17,597 53 CURRENT ASSET CHARGE - 8% 20,267 11,720 54 NONCURRENT ASSET CHARGE - 8% 50,213 53,581 55 RETURN LABOR-MANAGEMENT 7,345 -37 56 RETURN TO CAPITAL 64,447 50,411 57 ASSET TURNOVER RATIO .3295 .3291 58 OPERATING PROFIT MARGIN RATIO .1540 .1330 59 % RETURN ON ASSETS .0507 .0438 60 % RETURN ON EQUITY .0415 .0337 61 TOTAL EXPENSE RATIO .8038 .8139 62 ADJUSTED TOTAL EXPENSE RATIO .9126 .9275 63 ECONOMIC TOTAL EXPENSE RATIO 1.0810 1.0997 ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31 64 CURRENT ASSETS 401,003 442,791 251,223 278,351 65 NONCURRENT ASSETS 835,137 861,403 875,927 898,428 66 CURRENT LIABILITIES 166,289 170,834 117,767 118,820 67 NONCURRENT LIABILITIES 215,395 225,818 213,377 221,452 68 CURRENT RATIO 2.41 2.59 2.13 2.34 69 DEBT TO ASSET RATIO .31 .30 .29 .29

2005 DATA - NW KANSAS ANALYSIS OF THE FARM BUSINESS SORTED BY TOTAL CROP ACRES 2,001 - 2,500 ACRES 2,501 - 3,000 ACRES AVERAGE ASSET & NET WORTH VALUES 70 BREEDING LIVESTOCK 35,860 55,554 71 MACHINERY AND EQUIPMENT 118,233 110,424 72 MOTOR VEHICLES & LISTED PROPE 136,339 98,286 73 BUILDINGS 14,087 24,870 74 OWNED LAND 558,233 642,130 75 TOTAL ASSETS 1,270,167 1,151,964 76 NET WORTH 880,999 816,257 LABOR 77 NUMBER OF OPERATORS .78 .74 78 NUMBER OF WORKERS 1.39 1.48 79 TOTAL WORK DAYS 375 383 80 VALUE FARM PRODUCTION/WORKER 301,028 255,728 81 NET FARM INCOME/WORKER 59,052 47,598 PER OPERATOR BASIS 82 TOTAL ASSETS 1,616,576 1,541,999 83 VALUE OF FARM PRODUCTION 532,729 507,429 84 NET FARM INCOME 104,504 94,447 OTHER FACTORS 85 % CROP ACRES IRRIGATED 23.56 17.97 86 % TILLABLE LAND 74.12 70.11 87 CROP MACH COST/TOT EXPENSE(%) 31.71 30.02 ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT 88 TOTAL ACRES 3032 21 1159 16 2256 20 3883 17 1297 15 2910 16 89 NON-IRRIGATED CROP ACRES 1718 21 727 15 1259 20 2233 17 706 15 1711 16 90 IRRIGATED CROP ACRES 654 17 271 10 646 13 640 13 372 8 535 10 91 TOTAL CROP ACRES 2247 21 908 15 1679 20 2723 17 905 15 2045 16 92 PASTURE ACRES 1455 11 527 9 1252 9 1622 12 631 9 1253 11 93 FARMSTEAD ACRES 42 11 23 8 33 8 30 7 CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE 94 ACRES 2247 1802 2723 2012 95 CROP MACHINERY INVESTMENT 236,460 105.22 131.25 191,911 70.48 95.38 96 CROP MACHINERY COST 106,697 47.48 59.22 92,619 34.02 46.03 97 GROSS CROP VALUE 387,876 172.59 215.29 423,096 155.39 210.28 98 CROP PRODUCTION COSTS 262,611 116.85 145.76 258,136 94.81 128.30 NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 99 CORN 12 295 167 41.9 317 56.9 7 521 264 43.6 466 50.7 100 GRAIN SORGHUM 9 238 173 29.1 183 52.9 13 267 138 65.9 250 69.4 101 SOYBEANS 102 SUNFLOWERS 103 WHEAT 21 819 371 31.0 600 30.3 17 1053 311 30.0 827 27.5 104 OTHER CROPS 105 ALFALFA 106 OTHER HAY & FORAGE 5 525 350 246 6 53 29 107 VEGETABLES 108 TRUCK CROPS 109 FRUIT - FLOWERS - TREES IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 110 CORN 13 380 188 172.2 381 192.8 9 500 207 215.4 436 196.2 111 GRAIN SORGHUM 112 SOYBEANS 4 146 5 220 198 58.5 113 SUNFLOWERS 6 199 214 18.1 6 236 190 19.4 114 WHEAT 12 241 237 43.1 190 50.2 8 142 153 50.8 115 OTHER CROPS 116 ALFALFA 117 OTHER HAY & FORAGE 6 125 145 118 VEGETABLES 119 TRUCK CROPS 120 FRUIT - FLOWERS - TREES AVERAGE LIVESTOCK INVENTORIES AND SALES 121 BEEF COWS 37 59 122 DAIRY COWS 123 EWES 124 SOWS 125 BEEF PURCH. FOR RESALE SALES 35 126 SWINE PURCH. FOR RESALE SALES 127 TURKEYS

2005 DATA - NW KANSAS INCOME AND EXPENSE ANALYSIS SORTED BY TOTAL CROP ACRES 3,001 - 3,500 ACRES > 3,501 ACRES 13 FARMS 23 FARMS ITEM PER FARM PER FARM 1 BEEF 109,488 123,278 2 DAIRY AND MILK -92 3 SHEEP -14 4 SWINE 191 44 5 POULTRY AND EGGS 6 OTHER LIVESTOCK 96 4 7 CUSTOM FEEDING 5,262 8 FEED PURCHASED -38,959 -57,192 9 LIVESTOCK INCOME $ 75,986 $ 66,121 10 CORN 90,121 210,048 11 GRAIN SORGHUM 3,996 32,981 12 SOYBEANS 5,228 15,858 13 SUNFLOWERS 37,619 52,346 14 WHEAT 133,824 185,980 15 HAY AND FORAGE 2,430 13,634 16 OTHER CROP 6,049 11,622 17 GOVERNMENT PAYMENTS 105,666 216,899 18 CROP INSURANCE PROCEEDS 28,366 48,182 19 OTHER INCOME 27,808 53,842 20 VALUE OF FARM PRODUCTION $ 517,094 $ 907,513 21 HIRED LABOR 28,985 44,220 22 MACHINERY REPAIRS 31,192 48,992 23 IRRIGATION REPAIRS 2,322 7,662 24 BUILDING REPAIRS 2,892 2,187 25 INTEREST PAID 26,881 52,957 26 SEED-OTHER CROP EXPENSE 29,394 67,329 27 CROP INSURANCE 15,624 33,536 28 FERTILIZER-LIME 51,693 92,943 29 MACHINE HIRE 31,057 66,022 30 ORGANIZATION FEE, PUBLICATION 5,395 7,123 31 VET-MED-DRUGS 4,129 3,523 32 CROP STORAGE-MARKETING 3,209 7,628 33 LIVESTOCK MARKETING-BREEDING 3,909 3,560 34 DAIRY EXPENSE 35 GAS-FUEL-OIL 26,229 46,709 36 IRRIGATION ENERGY 27,746 44,424 37 REAL ESTATE TAXES 6,061 10,926 38 PERSONAL PROPERTY TAXES 604 1,080 39 GENERAL FARM INSURANCE 8,918 12,774 40 UTILITIES 5,551 6,845 41 CASH FARM RENT 18,316 66,022 42 HERBICIDE-INSECTICIDE 40,345 64,644 43 CONSERVATION 533 345 44 AUTO EXPENSE 2,478 2,356 45 TOTAL OPERATING EXPENSE $ 373,466 $ 693,807 46 DEPRECIATION-MACHINERY 45,427 60,894 47 DEPRECIATION-BUILDINGS 3,440 8,867 48 TOTAL FARM EXPENSE $ 422,333 $ 763,568 49 NET FARM INCOME $ 94,761 $ 143,946 50 UNPAID FAMILY LABOR 6,231 1,957 51 UNPAID OPERATOR LABOR 19,731 29,700 52 MANAGEMENT CHARGE 23,716 35,697 53 CURRENT ASSET CHARGE - 8% 13,211 25,348 54 NONCURRENT ASSET CHARGE - 8% 63,601 91,451 55 RETURN LABOR-MANAGEMENT 11,718 25,191 56 RETURN TO CAPITAL 71,965 129,549 57 ASSET TURNOVER RATIO .3468 .3926 58 OPERATING PROFIT MARGIN RATIO .1392 .1428 59 % RETURN ON ASSETS .0483 .0560 60 % RETURN ON EQUITY .0470 .0525 61 TOTAL EXPENSE RATIO .8167 .8414 62 ADJUSTED TOTAL EXPENSE RATIO .9128 .9156 63 ECONOMIC TOTAL EXPENSE RATIO 1.0614 1.0443 ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31 64 CURRENT ASSETS 395,957 458,452 643,702 639,741 65 NONCURRENT ASSETS 1,045,309 1,082,292 1,615,281 1,724,092 66 CURRENT LIABILITIES 246,313 277,830 334,419 315,335 67 NONCURRENT LIABILITIES 260,084 277,492 520,005 533,093 68 CURRENT RATIO 1.61 1.65 1.92 2.03 69 DEBT TO ASSET RATIO .35 .36 .38 .36

2005 DATA - NW KANSAS ANALYSIS OF THE FARM BUSINESS SORTED BY TOTAL CROP ACRES 3,001 - 3,500 ACRES > 3,501 ACRES AVERAGE ASSET & NET WORTH VALUES 70 BREEDING LIVESTOCK 50,322 70,481 71 MACHINERY AND EQUIPMENT 149,854 200,613 72 MOTOR VEHICLES & LISTED PROPE 183,040 228,657 73 BUILDINGS 35,826 84,683 74 OWNED LAND 668,853 1,103,430 75 TOTAL ASSETS 1,491,005 2,311,408 76 NET WORTH 960,146 1,459,983 LABOR 77 NUMBER OF OPERATORS .73 1.10 78 NUMBER OF WORKERS 1.87 2.64 79 TOTAL WORK DAYS 441 749 80 VALUE FARM PRODUCTION/WORKER 275,501 342,739 81 NET FARM INCOME/WORKER 50,487 54,364 PER OPERATOR BASIS 82 TOTAL ASSETS 2,040,322 2,101,280 83 VALUE OF FARM PRODUCTION 707,602 825,012 84 NET FARM INCOME 129,673 130,860 OTHER FACTORS 85 % CROP ACRES IRRIGATED 13.64 15.06 86 % TILLABLE LAND 83.18 89.23 87 CROP MACH COST/TOT EXPENSE(%) 32.03 29.24 ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT 88 TOTAL ACRES 3892 13 1527 10 2718 13 5428 23 2278 20 3447 23 89 NON-IRRIGATED CROP ACRES 2796 13 952 10 2063 13 4548 23 1795 20 2987 23 90 IRRIGATED CROP ACRES 574 10 301 7 519 7 1199 14 497 7 950 14 91 TOTAL CROP ACRES 3238 13 1163 10 2343 13 4843 23 1969 20 3130 23 92 PASTURE ACRES 1054 8 516 7 964 5 2322 10 669 9 2456 7 93 FARMSTEAD ACRES 38 6 28 5 CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE 94 ACRES 3238 2547 4843 4138 95 CROP MACHINERY INVESTMENT 312,148 96.41 122.54 402,381 83.09 97.23 96 CROP MACHINERY COST 135,270 41.78 53.10 223,260 46.10 53.95 97 GROSS CROP VALUE 470,732 145.39 184.79 814,285 168.14 196.77 98 CROP PRODUCTION COSTS 353,193 109.09 138.65 625,205 129.10 151.08 NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 99 CORN 11 398 167 47.7 402 51.1 20 824 502 43.9 524 51.0 100 GRAIN SORGHUM 4 228 187 35.0 9 777 769 61.7 397 72.2 101 SOYBEANS 102 SUNFLOWERS 6 277 277 13.5 6 849 551 12.0 481 13.7 103 WHEAT 13 1343 537 34.3 930 34.1 23 1985 759 31.9 1358 31.2 104 OTHER CROPS 105 ALFALFA 5 190 106 OTHER HAY & FORAGE 5 394 447 9 131 127 90 107 VEGETABLES 108 TRUCK CROPS 109 FRUIT - FLOWERS - TREES IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD 110 CORN 9 299 168 134.6 308 181.2 13 738 366 180.0 597 196.9 111 GRAIN SORGHUM 112 SOYBEANS 8 185 168 60.0 113 SUNFLOWERS 6 186 155 20.0 125 23.4 6 364 315 18.8 114 WHEAT 5 246 149 36.4 10 210 95 40.6 214 43.9 115 OTHER CROPS 116 ALFALFA 117 OTHER HAY & FORAGE 4 151 151 118 VEGETABLES 119 TRUCK CROPS 120 FRUIT - FLOWERS - TREES AVERAGE LIVESTOCK INVENTORIES AND SALES 121 BEEF COWS 6 20 122 DAIRY COWS 123 EWES 124 SOWS 1 125 BEEF PURCH. FOR RESALE SALES 163 176 126 SWINE PURCH. FOR RESALE SALES 3 127 TURKEYS