Northwest KFMA
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       2005 DATA - NW KANSAS  
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY Farm Size by Census Acres               181 - 499 ACRES                          500 - 999 ACRES 
                                                          6 FARMS                                  15 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                             1,694                                    16,945 
        2  DAIRY AND MILK                                                                               167 
        3  SHEEP                                                                                        450 
        4  SWINE  
        5  POULTRY AND EGGS   
        6  OTHER LIVESTOCK                                  2,897                                       -30 
        7  CUSTOM FEEDING                                                                             4,417 
        8  FEED PURCHASED                                  -1,915                                    -7,320 
        9     LIVESTOCK INCOME                       $      2,676                              $     14,629 
      
       10  CORN                                             7,084                                   133,299 
       11  GRAIN SORGHUM                                      507                                      -150 
       12  SOYBEANS                                         3,509                                     6,296 
       13  SUNFLOWERS                                                                                 2,182 
       14  WHEAT                                            8,686                                    34,475 
       15  HAY AND FORAGE                                    -392                                     4,255 
       16  OTHER CROP                                                                                11,600 
       17  GOVERNMENT PAYMENTS                              7,785                                    63,823 
       18  CROP INSURANCE PROCEEDS                            349                                    11,580 
       19  OTHER INCOME                                    18,239                                    16,369 
       20     VALUE OF FARM PRODUCTION               $     48,443                              $    298,358 
      
       21  HIRED LABOR                                        889                                    15,305 
       22  MACHINERY REPAIRS                                4,801                                    17,964 
       23  IRRIGATION REPAIRS                                  58                                     3,802 
       24  BUILDING REPAIRS                                 1,243                                       511 
       25  INTEREST PAID                                    2,189                                    16,612 
       26  SEED-OTHER CROP EXPENSE                          2,180                                    26,041 
       27  CROP INSURANCE                                   1,034                                     9,191 
       28  FERTILIZER-LIME                                  1,875                                    28,374 
       29  MACHINE HIRE                                     4,277                                    16,072 
       30  ORGANIZATION FEE, PUBLICATION                    1,668                                     2,465 
       31  VET-MED-DRUGS                                      346                                     1,113 
       32  CROP STORAGE-MARKETING                               4                                     2,817 
       33  LIVESTOCK MARKETING-BREEDING                       170                                       647 
       34  DAIRY EXPENSE                                                                              2,317 
       35  GAS-FUEL-OIL                                     5,701                                    17,451 
       36  IRRIGATION ENERGY                                  710                                    31,013 
       37  REAL ESTATE TAXES                                2,154                                     2,037 
       38  PERSONAL PROPERTY TAXES                                                                      301 
       39  GENERAL FARM INSURANCE                           1,821                                     4,202 
       40  UTILITIES                                          958                                     2,140 
       41  CASH FARM RENT                                   1,250                                    32,642 
       42  HERBICIDE-INSECTICIDE                            1,661                                    19,197 
       43  CONSERVATION                                                                                 254 
       44  AUTO EXPENSE                                     1,345                                     1,692 
       45     TOTAL OPERATING EXPENSE                $     36,334                              $    254,160 
      
       46  DEPRECIATION-MACHINERY                           4,773                                    20,347 
       47  DEPRECIATION-BUILDINGS                                                                     1,125 
       48     TOTAL FARM EXPENSE                     $     41,106                              $    275,632 
      
       49     NET FARM INCOME                        $      7,336                              $     22,726 
      
       50  UNPAID FAMILY LABOR                                750                                     1,800 
       51  UNPAID OPERATOR LABOR                            9,000                                    15,840 
       52  MANAGEMENT CHARGE                                2,314                                     7,942 
       53  CURRENT ASSET CHARGE - 8%                        3,901                                     8,106 
       54  NONCURRENT ASSET CHARGE - 8%                    16,177                                    22,176 
       55  RETURN LABOR-MANAGEMENT                        -13,491                                    -9,355 
       56  RETURN TO CAPITAL                               -2,539                                    13,756 
       57  ASSET TURNOVER RATIO                             .1663                                     .4856 
       58  OPERATING PROFIT MARGIN RATIO                   -.0524                                     .0461 
       59  % RETURN ON ASSETS                              -.0087                                     .0224 
       60  % RETURN ON EQUITY                              -.0188                                    -.0075 
       61  TOTAL EXPENSE RATIO                              .8486                                     .9238 
       62  ADJUSTED TOTAL EXPENSE RATIO                    1.0976                                    1.0096 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.5121                                    1.1111 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                           54,256                73,024             214,716               211,856    
       65  NONCURRENT ASSETS                       228,461               226,857             400,851               401,364    
       66  CURRENT LIABILITIES                      10,991                18,774             124,597                99,324    
       67  NONCURRENT LIABILITIES                   27,234                23,660             134,129               113,689    
       68  CURRENT RATIO                              4.94                  3.89                1.72                  2.13    
       69  DEBT TO ASSET RATIO                         .14                   .14                 .42                   .35    
      
       2005 DATA - NW KANSAS  
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY Farm Size by Census Acres               181 - 499 ACRES                          500 - 999 ACRES 
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                               6,155                                    15,198 
       71  MACHINERY AND EQUIPMENT                          6,963                                    85,657 
       72  MOTOR VEHICLES & LISTED PROPE                   27,063                                    78,759 
       73  BUILDINGS                                        1,841                                    11,292 
       74  OWNED LAND                                     179,083                                   215,510 
       75  TOTAL ASSETS                                   291,299                                   614,393 
       76  NET WORTH                                      250,969                                   378,523 
      
       LABOR
       77  NUMBER OF OPERATORS                                .33                                       .58 
       78  NUMBER OF WORKERS                                  .46                                      1.00 
       79  TOTAL WORK DAYS                                     28                                       215 
       80  VALUE FARM PRODUCTION/WORKER                   103,805                                   298,358 
       81  NET FARM INCOME/WORKER                          15,720                                    22,726 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                   873,896                                 1,047,261 
       83  VALUE OF FARM PRODUCTION                       145,328                                   508,565 
       84  NET FARM INCOME                                 22,009                                    38,738 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                            9.06                                     82.10 
       86  % TILLABLE LAND                                  63.89                                     71.19 
       87  CROP MACH COST/TOT EXPENSE(%)                    26.86                                     28.74 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                      343     6                                  749    15    450    10    612    11    
       89  NON-IRRIGATED CROP ACRES                                                    816    14    230     9   1040     9    
       90  IRRIGATED CROP ACRES                                                        938     7                1096     5    
       91  TOTAL CROP ACRES                                                            571    14    350     9    538     9    
       92  PASTURE ACRES                                                               433     7
       93  FARMSTEAD ACRES                                                              30     7     28     6     
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                           219           140                         533           965  
       95  CROP MACHINERY INVESTMENT                                                     156,765        294.12        162.47  
       96  CROP MACHINERY COST                                                            79,204        148.60         82.09  
       97  GROSS CROP VALUE                                  126.56        198.51        281,334        527.83        291.58  
       98  CROP PRODUCTION COSTS                             114.58        179.72        223,550        419.42        231.69  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                                                                        7    100                  118    39.3  
      100  GRAIN SORGHUM
      101  SOYBEANS     
      102  SUNFLOWERS   
      103  WHEAT                            4    105     93    40.9                   14    448    124    34.4   586    29.7  
      104  OTHER CROPS  
      105  ALFALFA
      106  OTHER HAY & FORAGE                                                          4     51 
      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                                                                        7    659    177   191.6   781   209.7  
      111  GRAIN SORGHUM
      112  SOYBEANS     
      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                                                                                     10 
      122  DAIRY COWS   
      123  EWES   
      124  SOWS   
      125  BEEF PURCH. FOR RESALE SALES                                                                   8 
      126  SWINE PURCH. FOR RESALE SALES  
      127  TURKEYS
      
      
       2005 DATA - NW KANSAS  
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY Farm Size by Census Acres             1,000 - 1,999 ACRES                      2,000 - 4,999 ACRES     
                                                         50 FARMS                                  91 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            31,398                                    74,183 
        2  DAIRY AND MILK                                   5,517                                       -13 
        3  SHEEP                                               44                                        -3 
        4  SWINE                                                                                         38 
        5  POULTRY AND EGGS                                 5,533                                        -4 
        6  OTHER LIVESTOCK                                   -992                                       -20 
        7  CUSTOM FEEDING                                   3,351                                     1,073 
        8  FEED PURCHASED                                  -9,275                                   -17,778 
        9     LIVESTOCK INCOME                       $     35,575                              $     57,476 
      
       10  CORN                                            69,469                                    70,743 
       11  GRAIN SORGHUM                                   12,745                                     7,560 
       12  SOYBEANS                                         7,915                                     7,636 
       13  SUNFLOWERS                                       4,683                                    17,394 
       14  WHEAT                                           45,080                                    79,201 
       15  HAY AND FORAGE                                   7,258                                     5,194 
       16  OTHER CROP                                       2,705                                     1,319 
       17  GOVERNMENT PAYMENTS                             57,091                                    86,465 
       18  CROP INSURANCE PROCEEDS                         10,852                                    19,994 
       19  OTHER INCOME                                    16,420                                    15,871 
       20     VALUE OF FARM PRODUCTION               $    269,793                              $    368,852 
      
       21  HIRED LABOR                                      4,509                                    12,336 
       22  MACHINERY REPAIRS                               16,236                                    24,476 
       23  IRRIGATION REPAIRS                               2,419                                     2,993 
       24  BUILDING REPAIRS                                 1,033                                     1,594 
       25  INTEREST PAID                                   19,437                                    23,007 
       26  SEED-OTHER CROP EXPENSE                         17,328                                    21,276 
       27  CROP INSURANCE                                   8,689                                    12,637 
       28  FERTILIZER-LIME                                 23,091                                    32,103 
       29  MACHINE HIRE                                    13,573                                    17,968 
       30  ORGANIZATION FEE, PUBLICATION                    2,500                                     3,773 
       31  VET-MED-DRUGS                                    1,819                                     2,482 
       32  CROP STORAGE-MARKETING                           1,647                                     1,534 
       33  LIVESTOCK MARKETING-BREEDING                     1,372                                     2,281 
       34  DAIRY EXPENSE
       35  GAS-FUEL-OIL                                    15,956                                    20,945 
       36  IRRIGATION ENERGY                               20,410                                    23,597 
       37  REAL ESTATE TAXES                                3,909                                     5,462 
       38  PERSONAL PROPERTY TAXES                             85                                       277 
       39  GENERAL FARM INSURANCE                           4,754                                     6,807 
       40  UTILITIES                                        2,915                                     3,302 
       41  CASH FARM RENT                                  12,581                                    22,204 
       42  HERBICIDE-INSECTICIDE                           18,411                                    26,055 
       43  CONSERVATION                                       226                                       448 
       44  AUTO EXPENSE                                     1,503                                     1,477 
       45     TOTAL OPERATING EXPENSE                $    194,402                              $    269,033 
      
       46  DEPRECIATION-MACHINERY                          20,544                                    27,677 
       47  DEPRECIATION-BUILDINGS                           1,816                                     1,891 
       48     TOTAL FARM EXPENSE                     $    216,762                              $    298,601 
      
       49     NET FARM INCOME                        $     53,031                              $     70,251 
      
       50  UNPAID FAMILY LABOR                              2,250                                     3,684 
       51  UNPAID OPERATOR LABOR                           18,630                                    19,938 
       52  MANAGEMENT CHARGE                               12,599                                    17,354 
       53  CURRENT ASSET CHARGE - 8%                        9,756                                    13,273 
       54  NONCURRENT ASSET CHARGE - 8%                    34,025                                    52,011 
       55  RETURN LABOR-MANAGEMENT                          7,000                                     1,283 
       56  RETURN TO CAPITAL                               38,989                                    52,282 
       57  ASSET TURNOVER RATIO                             .3185                                     .3132 
       58  OPERATING PROFIT MARGIN RATIO                    .1445                                     .1417 
       59  % RETURN ON ASSETS                               .0460                                     .0444 
       60  % RETURN ON EQUITY                               .0357                                     .0359 
       61  TOTAL EXPENSE RATIO                              .8034                                     .8095 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .9275                                     .9206 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.0898                                    1.0976 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          189,479               238,906             296,315               338,115    
       65  NONCURRENT ASSETS                       627,815               637,777             846,506               874,304    
       66  CURRENT LIABILITIES                      85,861                98,615             146,689               155,926    
       67  NONCURRENT LIABILITIES                  202,311               212,666             204,721               215,806    
       68  CURRENT RATIO                              2.21                  2.42                2.02                  2.17    
       69  DEBT TO ASSET RATIO                         .35                   .36                 .31                   .31    
      
       2005 DATA - NW KANSAS  
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY Farm Size by Census Acres             1,000 - 1,999 ACRES                      2,000 - 4,999 ACRES     
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              25,527                                    49,481 
       71  MACHINERY AND EQUIPMENT                         74,822                                   100,223 
       72  MOTOR VEHICLES & LISTED PROPE                   89,411                                   114,364 
       73  BUILDINGS                                       17,626                                    19,935 
       74  OWNED LAND                                     413,346                                   607,358 
       75  TOTAL ASSETS                                   846,989                                 1,177,619 
       76  NET WORTH                                      547,262                                   816,048 
      
       LABOR
       77  NUMBER OF OPERATORS                                .69                                       .73 
       78  NUMBER OF WORKERS                                  .92                                      1.33 
       79  TOTAL WORK DAYS                                    232                                       337 
       80  VALUE FARM PRODUCTION/WORKER                   291,984                                   275,805 
       81  NET FARM INCOME/WORKER                          57,393                                    52,529 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                 1,227,520                                 1,594,693 
       83  VALUE OF FARM PRODUCTION                       391,005                                   499,486 
       84  NET FARM INCOME                                 76,857                                    95,131 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                           24.93                                     18.92 
       86  % TILLABLE LAND                                  87.38                                     69.63 
       87  CROP MACH COST/TOT EXPENSE(%)                    28.97                                     30.85 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     1556    50    706    46   1008    45       3186    91   1253    80   2181    87    
       89  NON-IRRIGATED CROP ACRES        1021    50    379    46    781    43       1819    90    671    78   1357    82    
       90  IRRIGATED CROP ACRES             565    30    297    23    389    26        637    60    317    41    615    41    
       91  TOTAL CROP ACRES                1360    50    528    46    972    45       2243    90    838    78   1665    82    
       92  PASTURE ACRES                    669    29    324    24    646    18       1325    65    601    56   1009    52    
       93  FARMSTEAD ACRES                   28    15     28    15                      45    42     33    35     50    15    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          1360          1014                        2219          1710  
       95  CROP MACHINERY INVESTMENT          152,376        112.05        150.20        196,631         88.63        115.02  
       96  CROP MACHINERY COST                 62,788         46.17         61.89         92,118         41.52         53.88  
       97  GROSS CROP VALUE                   274,728        202.03        270.80        356,213        158.79        206.08  
       98  CROP PRODUCTION COSTS              170,398        125.31        167.96        239,346        107.88        140.00  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                            20    247     99    47.0   247    45.9     48    330    177    36.4   316    50.8  
      100  GRAIN SORGHUM                   16    201    142    72.9   149    75.7     40    206    133    62.2   162    60.3  
      101  SOYBEANS     
      102  SUNFLOWERS                       4    170                                  13    201                  193    11.5  
      103  WHEAT                           49    466    158    32.2   385    35.4     90    896    364    31.8   666    31.3  
      104  OTHER CROPS                                                                 8     57     60            40    
      105  ALFALFA                          4    109                                  15     51     38     4.0    44    12.9  
      106  OTHER HAY & FORAGE              11     86     61            78             32    207    108           170    
      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                            22    444    218   188.5   361   197.8     50    379    192   178.5   377   194.5  
      111  GRAIN SORGHUM                                                               5     96                   63   102.3  
      112  SOYBEANS                        11    141    116    55.3   124    50.8     18    156    109    53.5   152    57.3  
      113  SUNFLOWERS                      11    116    108    19.3    65    20.3     25    235    169    18.9   199    19.5  
      114  WHEAT                           14    178    122    38.6   140    31.5     35    206    159    46.9   183    47.7  
      115  OTHER CROPS                      6    115     46           101             10    148    111           131    
      116  ALFALFA                          4     67                                   6    158     95     4.8   142     5.3  
      117  OTHER HAY & FORAGE               7    121    118            64             14    164    190
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           15                                        27 
      122  DAIRY COWS                                           2 
      123  EWES   
      124  SOWS   
      125  BEEF PURCH. FOR RESALE SALES                        31                                        46 
      126  SWINE PURCH. FOR RESALE SALES  
      127  TURKEYS
      
      
       2005 DATA - NW KANSAS  
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY Farm Size by Census Acres                   > 5,000 ACRES    
                                                         21 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                           200,868 
        2  DAIRY AND MILK     
        3  SHEEP  
        4  SWINE  
        5  POULTRY AND EGGS   
        6  OTHER LIVESTOCK                                 -1,185 
        7  CUSTOM FEEDING                                   3,258 
        8  FEED PURCHASED                                 -72,851 
        9     LIVESTOCK INCOME                       $    130,091 
      
       10  CORN                                            94,032 
       11  GRAIN SORGHUM                                   41,526 
       12  SOYBEANS                                         8,862 
       13  SUNFLOWERS                                      34,370 
       14  WHEAT                                          149,626 
       15  HAY AND FORAGE                                  10,315 
       16  OTHER CROP                                       3,224 
       17  GOVERNMENT PAYMENTS                            156,674 
       18  CROP INSURANCE PROCEEDS                         35,642 
       19  OTHER INCOME                                    48,398 
       20     VALUE OF FARM PRODUCTION               $    712,762 
      
       21  HIRED LABOR                                     36,391 
       22  MACHINERY REPAIRS                               38,813 
       23  IRRIGATION REPAIRS                               1,852 
       24  BUILDING REPAIRS                                 2,497 
       25  INTEREST PAID                                   51,327 
       26  SEED-OTHER CROP EXPENSE                         43,978 
       27  CROP INSURANCE                                  23,914 
       28  FERTILIZER-LIME                                 74,780 
       29  MACHINE HIRE                                    52,638 
       30  ORGANIZATION FEE, PUBLICATION                    7,236 
       31  VET-MED-DRUGS                                    4,250 
       32  CROP STORAGE-MARKETING                           5,791 
       33  LIVESTOCK MARKETING-BREEDING                     4,802 
       34  DAIRY EXPENSE
       35  GAS-FUEL-OIL                                    35,481 
       36  IRRIGATION ENERGY                                8,794 
       37  REAL ESTATE TAXES                                9,798 
       38  PERSONAL PROPERTY TAXES                            969 
       39  GENERAL FARM INSURANCE                           9,319 
       40  UTILITIES                                        6,257 
       41  CASH FARM RENT                                  49,434 
       42  HERBICIDE-INSECTICIDE                           45,526 
       43  CONSERVATION                                       280 
       44  AUTO EXPENSE                                     2,696 
       45     TOTAL OPERATING EXPENSE                $    516,822 
      
       46  DEPRECIATION-MACHINERY                          49,208 
       47  DEPRECIATION-BUILDINGS                           7,762 
       48     TOTAL FARM EXPENSE                     $    573,791 
      
       49     NET FARM INCOME                        $    138,970 
      
       50  UNPAID FAMILY LABOR                              3,536 
       51  UNPAID OPERATOR LABOR                           26,871 
       52  MANAGEMENT CHARGE                               33,797 
       53  CURRENT ASSET CHARGE - 8%                       32,870 
       54  NONCURRENT ASSET CHARGE - 8%                    81,795 
       55  RETURN LABOR-MANAGEMENT                         20,769 
       56  RETURN TO CAPITAL                              126,092 
       57  ASSET TURNOVER RATIO                             .3244 
       58  OPERATING PROFIT MARGIN RATIO                    .1769 
       59  % RETURN ON ASSETS                               .0574 
       60  % RETURN ON EQUITY                               .0522 
       61  TOTAL EXPENSE RATIO                              .8050 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .8951 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.0560 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          699,381               687,397    
       65  NONCURRENT ASSETS                     1,448,734             1,558,819    
       66  CURRENT LIABILITIES                     295,619               269,399    
       67  NONCURRENT LIABILITIES                  465,791               496,882    
       68  CURRENT RATIO                              2.37                  2.55    
       69  DEBT TO ASSET RATIO                         .35                   .34    
      
       2005 DATA - NW KANSAS  
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY Farm Size by Census Acres                   > 5,000 ACRES    
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                             136,639 
       71  MACHINERY AND EQUIPMENT                        148,587 
       72  MOTOR VEHICLES & LISTED PROPE                  186,282 
       73  BUILDINGS                                       74,362 
       74  OWNED LAND                                   1,049,017 
       75  TOTAL ASSETS                                 2,197,166 
       76  NET WORTH                                    1,433,320 
      
       LABOR
       77  NUMBER OF OPERATORS                                .99 
       78  NUMBER OF WORKERS                                 2.50 
       79  TOTAL WORK DAYS                                    634 
       80  VALUE FARM PRODUCTION/WORKER                   284,563 
       81  NET FARM INCOME/WORKER                          55,482 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                 2,207,678 
       83  VALUE OF FARM PRODUCTION                       716,172 
       84  NET FARM INCOME                                139,635 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                            5.09 
       86  % TILLABLE LAND                                  61.78 
       87  CROP MACH COST/TOT EXPENSE(%)                    27.97 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     6820    21   2528    18   4885    20     
       89  NON-IRRIGATED CROP ACRES        3999    21   1714    18   2656    20     
       90  IRRIGATED CROP ACRES             409    11    254     5    294    11     
       91  TOTAL CROP ACRES                4213    21   1784    18   2818    20     
       92  PASTURE ACRES                   3611    15   1110    12   3142    13     
       93  FARMSTEAD ACRES                  116     5 
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          4213          3325  
       95  CROP MACHINERY INVESTMENT          296,890         70.46         89.28   
       96  CROP MACHINERY COST                160,467         38.09         48.26   
       97  GROSS CROP VALUE                   548,007        130.06        164.80   
       98  CROP PRODUCTION COSTS              433,540        102.90        130.38   
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                            15    968    507    59.3   562    57.2   
      100  GRAIN SORGHUM                   13    684    750    59.0   439    64.0   
      101  SOYBEANS     
      102  SUNFLOWERS                       4   1127                  603    14.4   
      103  WHEAT                           21   1565    706    32.9  1078    34.5   
      104  OTHER CROPS  
      105  ALFALFA                          8    137    119     3.3   103     3.6   
      106  OTHER HAY & FORAGE              14    141     89           105     
      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                             7    286                  204   177.9   
      111  GRAIN SORGHUM
      112  SOYBEANS                         4    203  
      113  SUNFLOWERS   
      114  WHEAT                            6    112                  107    29.9   
      115  OTHER CROPS  
      116  ALFALFA
      117  OTHER HAY & FORAGE               6     98                   70     
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           72 
      122  DAIRY COWS   
      123  EWES   
      124  SOWS   
      125  BEEF PURCH. FOR RESALE SALES                       193 
      126  SWINE PURCH. FOR RESALE SALES  
      127  TURKEYS