|
Back
|
Printer
Friendly Version |
2005 DATA - NW KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY AGE OF OPERATOR < 36 36 - 40
23 FARMS 14 FARMS
ITEM PER FARM PER FARM
1 BEEF 67,199 23,638
2 DAIRY AND MILK 57
3 SHEEP -22
4 SWINE 72
5 POULTRY AND EGGS 1,204
6 OTHER LIVESTOCK 522 548
7 CUSTOM FEEDING 261 2,338
8 FEED PURCHASED -24,402 -6,297
9 LIVESTOCK INCOME $ 43,636 $ 21,480
10 CORN 105,937 127,803
11 GRAIN SORGHUM 8,739 9,856
12 SOYBEANS 9,032 7,783
13 SUNFLOWERS 23,329 29,925
14 WHEAT 68,660 73,290
15 HAY AND FORAGE 9,640 5,028
16 OTHER CROP 5,468 -3,008
17 GOVERNMENT PAYMENTS 71,916 96,891
18 CROP INSURANCE PROCEEDS 16,333 24,268
19 OTHER INCOME 26,414 26,996
20 VALUE OF FARM PRODUCTION $ 389,104 $ 420,311
21 HIRED LABOR 9,698 9,150
22 MACHINERY REPAIRS 24,136 27,962
23 IRRIGATION REPAIRS 3,442 5,537
24 BUILDING REPAIRS 1,113 931
25 INTEREST PAID 22,224 28,749
26 SEED-OTHER CROP EXPENSE 24,289 33,885
27 CROP INSURANCE 14,317 17,818
28 FERTILIZER-LIME 35,807 40,139
29 MACHINE HIRE 11,015 20,448
30 ORGANIZATION FEE, PUBLICATION 4,159 2,625
31 VET-MED-DRUGS 2,123 1,524
32 CROP STORAGE-MARKETING 3,571 2,310
33 LIVESTOCK MARKETING-BREEDING 1,636 1,513
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 19,323 20,817
36 IRRIGATION ENERGY 26,328 38,966
37 REAL ESTATE TAXES 3,517 4,645
38 PERSONAL PROPERTY TAXES 368 194
39 GENERAL FARM INSURANCE 4,130 5,632
40 UTILITIES 3,562 3,005
41 CASH FARM RENT 31,968 24,892
42 HERBICIDE-INSECTICIDE 34,081 33,647
43 CONSERVATION 38 271
44 AUTO EXPENSE 2,128 1,010
45 TOTAL OPERATING EXPENSE $ 282,973 $ 325,670
46 DEPRECIATION-MACHINERY 37,708 25,967
47 DEPRECIATION-BUILDINGS 2,033 2,600
48 TOTAL FARM EXPENSE $ 322,714 $ 354,237
49 NET FARM INCOME $ 66,390 $ 66,075
50 UNPAID FAMILY LABOR 2,641 2,250
51 UNPAID OPERATOR LABOR 18,313 20,250
52 MANAGEMENT CHARGE 15,725 15,914
53 CURRENT ASSET CHARGE - 8% 9,740 7,433
54 NONCURRENT ASSET CHARGE - 8% 21,312 43,337
55 RETURN LABOR-MANAGEMENT 32,696 13,054
56 RETURN TO CAPITAL 51,934 56,409
57 ASSET TURNOVER RATIO .5183 .4028
58 OPERATING PROFIT MARGIN RATIO .1335 .1342
59 % RETURN ON ASSETS .0692 .0541
60 % RETURN ON EQUITY .0765 .0436
61 TOTAL EXPENSE RATIO .8294 .8428
62 ADJUSTED TOTAL EXPENSE RATIO .9236 .9342
63 ECONOMIC TOTAL EXPENSE RATIO 1.0034 1.0550
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 254,637 293,528 168,536 220,364
65 NONCURRENT ASSETS 441,070 512,131 840,233 857,833
66 CURRENT LIABILITIES 148,677 155,978 75,526 127,548
67 NONCURRENT LIABILITIES 184,439 235,966 312,660 301,974
68 CURRENT RATIO 1.71 1.88 2.23 1.73
69 DEBT TO ASSET RATIO .48 .49 .38 .40
|
2005 DATA - NW KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY AGE OF OPERATOR < 36 36 - 40
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 28,457 27,200
71 MACHINERY AND EQUIPMENT 94,132 103,863
72 MOTOR VEHICLES & LISTED PROPE 110,879 95,712
73 BUILDINGS 19,920 23,936
74 OWNED LAND 237,718 610,383
75 TOTAL ASSETS 750,683 1,043,483
76 NET WORTH 388,153 634,629
LABOR
77 NUMBER OF OPERATORS .67 .75
78 NUMBER OF WORKERS 1.13 1.21
79 TOTAL WORK DAYS 285 345
80 VALUE FARM PRODUCTION/WORKER 344,207 346,139
81 NET FARM INCOME/WORKER 58,730 54,414
PER OPERATOR BASIS
82 TOTAL ASSETS 1,106,776 1,391,311
83 VALUE OF FARM PRODUCTION 573,679 560,415
84 NET FARM INCOME 97,883 88,099
OTHER FACTORS
85 % CROP ACRES IRRIGATED 19.72 30.47
86 % TILLABLE LAND 78.70 83.53
87 CROP MACH COST/TOT EXPENSE(%) 24.67 27.92
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 2321 23 650 15 2078 21 2523 14 932 13 1934 12
89 NON-IRRIGATED CROP ACRES 1606 21 386 15 1552 18 1465 14 527 13 1139 12
90 IRRIGATED CROP ACRES 690 12 387 5 529 12 999 9 472 6 770 8
91 TOTAL CROP ACRES 2001 21 515 15 1905 18 2108 14 744 13 1652 12
92 PASTURE ACRES 944 12 397 5 934 10 959 6 476 5 675 5
93 FARMSTEAD ACRES
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 1827 1457 2108 1724
95 CROP MACHINERY INVESTMENT 192,297 105.26 131.99 190,028 90.17 110.24
96 CROP MACHINERY COST 79,602 43.57 54.64 98,914 46.93 57.38
97 GROSS CROP VALUE 360,860 188.94 236.92 440,985 209.25 255.82
98 CROP PRODUCTION COSTS 253,069 132.50 166.15 293,828 139.42 170.45
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 13 511 187 27.5 445 35.8 8 326 178 36.6 220 42.1
100 GRAIN SORGHUM 8 291 279 52.8 202 86.2 4 226 158 55.6
101 SOYBEANS
102 SUNFLOWERS
103 WHEAT 20 600 178 34.8 580 35.7 14 794 335 31.2 591 30.6
104 OTHER CROPS
105 ALFALFA
106 OTHER HAY & FORAGE 4 71
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 10 459 370 203.6 9 571 281 190.1 432 199.3
111 GRAIN SORGHUM
112 SOYBEANS 4 187 4 136
113 SUNFLOWERS 4 161 161 26.1 4 447 311 22.8
114 WHEAT 5 241 6 180 160 48.4
115 OTHER CROPS
116 ALFALFA 4 186 124 4.6
117 OTHER HAY & FORAGE
118 VEGETABLES
119 TRUCK CROPS
120 FRUIT - FLOWERS - TREES
AVERAGE LIVESTOCK INVENTORIES AND SALES
121 BEEF COWS 7 22
122 DAIRY COWS
123 EWES
124 SOWS 1
125 BEEF PURCH. FOR RESALE SALES 132
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
|
2005 DATA - NW KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY AGE OF OPERATOR 41 - 45 46 - 50
16 FARMS 25 FARMS
ITEM PER FARM PER FARM
1 BEEF 72,294 94,875
2 DAIRY AND MILK
3 SHEEP 137
4 SWINE
5 POULTRY AND EGGS 16,204 -14
6 OTHER LIVESTOCK -5,647 180
7 CUSTOM FEEDING 7,773 4,760
8 FEED PURCHASED -16,528 -14,083
9 LIVESTOCK INCOME $ 74,233 $ 85,718
10 CORN 94,773 133,326
11 GRAIN SORGHUM 12,164 15,064
12 SOYBEANS 16,394 9,956
13 SUNFLOWERS 29,794 13,475
14 WHEAT 113,142 100,763
15 HAY AND FORAGE 12,474 5,284
16 OTHER CROP 759 11,456
17 GOVERNMENT PAYMENTS 119,027 118,204
18 CROP INSURANCE PROCEEDS 18,593 25,249
19 OTHER INCOME 26,179 20,942
20 VALUE OF FARM PRODUCTION $ 517,532 $ 539,438
21 HIRED LABOR 8,190 20,955
22 MACHINERY REPAIRS 24,679 30,956
23 IRRIGATION REPAIRS 2,970 5,278
24 BUILDING REPAIRS 2,545 2,566
25 INTEREST PAID 35,677 32,982
26 SEED-OTHER CROP EXPENSE 29,186 38,991
27 CROP INSURANCE 17,350 18,080
28 FERTILIZER-LIME 41,787 50,788
29 MACHINE HIRE 39,535 26,858
30 ORGANIZATION FEE, PUBLICATION 4,437 3,765
31 VET-MED-DRUGS 3,287 4,007
32 CROP STORAGE-MARKETING 3,838 4,059
33 LIVESTOCK MARKETING-BREEDING 1,704 4,842
34 DAIRY EXPENSE 1,390
35 GAS-FUEL-OIL 24,912 32,829
36 IRRIGATION ENERGY 27,642 34,715
37 REAL ESTATE TAXES 6,574 5,649
38 PERSONAL PROPERTY TAXES 684 251
39 GENERAL FARM INSURANCE 6,775 8,529
40 UTILITIES 5,066 4,620
41 CASH FARM RENT 25,511 45,843
42 HERBICIDE-INSECTICIDE 24,856 36,825
43 CONSERVATION 93 349
44 AUTO EXPENSE 2,260 2,281
45 TOTAL OPERATING EXPENSE $ 339,558 $ 417,410
46 DEPRECIATION-MACHINERY 40,154 32,361
47 DEPRECIATION-BUILDINGS 1,852 2,809
48 TOTAL FARM EXPENSE $ 381,564 $ 452,579
49 NET FARM INCOME $ 135,968 $ 86,858
50 UNPAID FAMILY LABOR 6,891 3,510
51 UNPAID OPERATOR LABOR 24,300 23,760
52 MANAGEMENT CHARGE 28,967 21,734
53 CURRENT ASSET CHARGE - 8% 20,365 14,553
54 NONCURRENT ASSET CHARGE - 8% 50,459 43,212
55 RETURN LABOR-MANAGEMENT 58,254 25,583
56 RETURN TO CAPITAL 111,487 70,837
57 ASSET TURNOVER RATIO .3524 .4590
58 OPERATING PROFIT MARGIN RATIO .2154 .1313
59 % RETURN ON ASSETS .0759 .0603
60 % RETURN ON EQUITY .0856 .0524
61 TOTAL EXPENSE RATIO .7373 .8390
62 ADJUSTED TOTAL EXPENSE RATIO .8535 .9298
63 ECONOMIC TOTAL EXPENSE RATIO .9904 1.0369
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 375,609 415,693 359,721 386,669
65 NONCURRENT ASSETS 1,047,677 1,098,516 792,033 812,080
66 CURRENT LIABILITIES 136,385 145,798 198,995 183,565
67 NONCURRENT LIABILITIES 430,467 454,243 262,087 261,729
68 CURRENT RATIO 2.75 2.85 1.81 2.11
69 DEBT TO ASSET RATIO .40 .40 .40 .37
|
2005 DATA - NW KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY AGE OF OPERATOR 41 - 45 46 - 50
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 43,966 87,103
71 MACHINERY AND EQUIPMENT 134,157 119,893
72 MOTOR VEHICLES & LISTED PROPE 148,912 132,065
73 BUILDINGS 19,190 26,796
74 OWNED LAND 684,342 500,574
75 TOTAL ASSETS 1,468,748 1,175,251
76 NET WORTH 885,301 722,063
LABOR
77 NUMBER OF OPERATORS .90 .88
78 NUMBER OF WORKERS 1.46 1.82
79 TOTAL WORK DAYS 465 453
80 VALUE FARM PRODUCTION/WORKER 353,868 296,394
81 NET FARM INCOME/WORKER 92,970 47,724
PER OPERATOR BASIS
82 TOTAL ASSETS 1,631,942 1,335,513
83 VALUE OF FARM PRODUCTION 575,036 612,998
84 NET FARM INCOME 151,076 98,703
OTHER FACTORS
85 % CROP ACRES IRRIGATED 16.11 24.97
86 % TILLABLE LAND 79.48 71.64
87 CROP MACH COST/TOT EXPENSE(%) 31.77 28.18
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 3464 16 1523 13 2226 16 3328 25 969 22 2579 24
89 NON-IRRIGATED CROP ACRES 2309 16 1118 13 1494 15 2189 25 498 22 1903 23
90 IRRIGATED CROP ACRES 645 11 306 7 450 11 783 19 215 13 711 17
91 TOTAL CROP ACRES 2753 16 1283 13 1711 16 2384 25 625 22 1911 24
92 PASTURE ACRES 1411 8 617 5 1172 7 1946 17 527 14 1714 15
93 FARMSTEAD ACRES 85 6 33 6
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 2753 2324 2384 2169
95 CROP MACHINERY INVESTMENT 258,734 93.99 111.34 231,648 97.15 106.78
96 CROP MACHINERY COST 121,213 44.03 52.16 127,539 53.49 58.79
97 GROSS CROP VALUE 464,542 168.75 199.91 527,727 221.33 243.26
98 CROP PRODUCTION COSTS 293,067 106.46 126.11 351,469 147.41 162.01
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 8 676 307 48.4 594 48.5 16 373 153 61.1 339 66.6
100 GRAIN SORGHUM 7 314 270 79.7 9 202 143 76.2 158 65.8
101 SOYBEANS 4 249 249 14.5
102 SUNFLOWERS
103 WHEAT 15 1112 598 36.0 674 35.1 25 1113 220 32.1 1045 34.0
104 OTHER CROPS
105 ALFALFA 4 80 5 122 134 4.1
106 OTHER HAY & FORAGE 7 329 279 152 11 113 77 79
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 7 466 141 200.3 365 190.8 17 572 158 197.1 554 194.3
111 GRAIN SORGHUM
112 SOYBEANS 6 141 144 56.1 6 130 134 62.9
113 SUNFLOWERS 9 135 109 22.9
114 WHEAT 6 281 204 37.8 9 179 65 56.2 193 48.6
115 OTHER CROPS 6 163 171
116 ALFALFA 5 63 47 5.1
117 OTHER HAY & FORAGE 6 149 193 5 82 90
118 VEGETABLES
119 TRUCK CROPS
120 FRUIT - FLOWERS - TREES
AVERAGE LIVESTOCK INVENTORIES AND SALES
121 BEEF COWS 24 52
122 DAIRY COWS
123 EWES
124 SOWS
125 BEEF PURCH. FOR RESALE SALES 71 9
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
|
2005 DATA - NW KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY AGE OF OPERATOR 51 - 55 56 - 60
33 FARMS 20 FARMS
ITEM PER FARM PER FARM
1 BEEF 74,928 89,717
2 DAIRY AND MILK 8,359
3 SHEEP 205
4 SWINE
5 POULTRY AND EGGS
6 OTHER LIVESTOCK -655 551
7 CUSTOM FEEDING 1,230 297
8 FEED PURCHASED -13,565 -59,991
9 LIVESTOCK INCOME $ 70,501 $ 30,575
10 CORN 44,339 62,518
11 GRAIN SORGHUM 8,682 35,033
12 SOYBEANS 7,258 6,707
13 SUNFLOWERS 12,702 11,289
14 WHEAT 61,213 75,860
15 HAY AND FORAGE 2,468 13,500
16 OTHER CROP 8 6,148
17 GOVERNMENT PAYMENTS 62,413 100,290
18 CROP INSURANCE PROCEEDS 14,504 20,029
19 OTHER INCOME 11,637 38,293
20 VALUE OF FARM PRODUCTION $ 295,725 $ 400,241
21 HIRED LABOR 9,137 26,571
22 MACHINERY REPAIRS 17,473 29,192
23 IRRIGATION REPAIRS 1,699 1,379
24 BUILDING REPAIRS 996 1,806
25 INTEREST PAID 18,266 35,303
26 SEED-OTHER CROP EXPENSE 14,089 28,474
27 CROP INSURANCE 8,975 13,140
28 FERTILIZER-LIME 26,905 40,683
29 MACHINE HIRE 14,608 32,896
30 ORGANIZATION FEE, PUBLICATION 2,510 5,070
31 VET-MED-DRUGS 2,329 1,683
32 CROP STORAGE-MARKETING 609 745
33 LIVESTOCK MARKETING-BREEDING 2,487 2,904
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 17,261 23,906
36 IRRIGATION ENERGY 15,976 13,134
37 REAL ESTATE TAXES 4,099 7,021
38 PERSONAL PROPERTY TAXES 287 551
39 GENERAL FARM INSURANCE 5,036 8,463
40 UTILITIES 2,833 3,760
41 CASH FARM RENT 18,492 13,702
42 HERBICIDE-INSECTICIDE 16,691 34,667
43 CONSERVATION 301 373
44 AUTO EXPENSE 1,783 1,730
45 TOTAL OPERATING EXPENSE $ 202,844 $ 327,153
46 DEPRECIATION-MACHINERY 20,843 33,582
47 DEPRECIATION-BUILDINGS 1,707 6,252
48 TOTAL FARM EXPENSE $ 225,394 $ 366,987
49 NET FARM INCOME $ 70,331 $ 33,254
50 UNPAID FAMILY LABOR 4,091 2,250
51 UNPAID OPERATOR LABOR 20,700 21,060
52 MANAGEMENT CHARGE 16,571 12,600
53 CURRENT ASSET CHARGE - 8% 13,741 11,151
54 NONCURRENT ASSET CHARGE - 8% 33,613 68,405
55 RETURN LABOR-MANAGEMENT 18,887 -48,552
56 RETURN TO CAPITAL 47,236 32,647
57 ASSET TURNOVER RATIO .3316 .2572
58 OPERATING PROFIT MARGIN RATIO .1597 .0816
59 % RETURN ON ASSETS .0530 .0210
60 % RETURN ON EQUITY .0489 -.0027
61 TOTAL EXPENSE RATIO .7622 .9169
62 ADJUSTED TOTAL EXPENSE RATIO .9020 1.0066
63 ECONOMIC TOTAL EXPENSE RATIO 1.0622 1.2054
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 280,811 327,577 360,449 333,502
65 NONCURRENT ASSETS 583,414 591,595 1,181,017 1,237,075
66 CURRENT LIABILITIES 125,355 139,520 215,935 199,252
67 NONCURRENT LIABILITIES 165,861 168,831 341,411 366,563
68 CURRENT RATIO 2.24 2.35 1.67 1.67
69 DEBT TO ASSET RATIO .34 .34 .36 .36
|
2005 DATA - NW KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY AGE OF OPERATOR 51 - 55 56 - 60
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 68,898 45,256
71 MACHINERY AND EQUIPMENT 74,481 112,792
72 MOTOR VEHICLES & LISTED PROPE 90,444 147,175
73 BUILDINGS 17,171 59,300
74 OWNED LAND 396,370 840,059
75 TOTAL ASSETS 891,699 1,556,022
76 NET WORTH 591,915 994,441
LABOR
77 NUMBER OF OPERATORS .76 .78
78 NUMBER OF WORKERS 1.21 1.65
79 TOTAL WORK DAYS 282 362
80 VALUE FARM PRODUCTION/WORKER 243,365 241,837
81 NET FARM INCOME/WORKER 57,879 20,093
PER OPERATOR BASIS
82 TOTAL ASSETS 1,163,085 1,994,899
83 VALUE OF FARM PRODUCTION 385,729 513,129
84 NET FARM INCOME 91,737 42,633
OTHER FACTORS
85 % CROP ACRES IRRIGATED 15.24 10.41
86 % TILLABLE LAND 58.29 78.97
87 CROP MACH COST/TOT EXPENSE(%) 31.06 30.39
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 2873 33 877 29 2168 32 3324 20 1435 19 1960 20
89 NON-IRRIGATED CROP ACRES 1464 32 442 28 1149 30 2475 19 980 18 1547 19
90 IRRIGATED CROP ACRES 421 20 259 11 348 16 497 11 271 10 393 7
91 TOTAL CROP ACRES 1727 32 543 28 1335 30 2763 19 1131 18 1691 19
92 PASTURE ACRES 1537 25 451 21 1379 21 982 14 526 13 768 9
93 FARMSTEAD ACRES 58 19 41 18 21 11 15 5 22 7
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 1674 1232 2624 2078
95 CROP MACHINERY INVESTMENT 143,703 85.82 116.62 238,218 90.77 114.65
96 CROP MACHINERY COST 70,008 41.81 56.81 111,529 42.50 53.68
97 GROSS CROP VALUE 254,518 147.39 200.29 356,822 129.16 163.14
98 CROP PRODUCTION COSTS 173,498 103.61 140.80 315,562 114.23 144.28
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 12 241 99 48.4 274 56.9 11 605 406 42.2 428 45.7
100 GRAIN SORGHUM 16 229 129 52.0 198 54.2 10 580 476 75.0 295 69.9
101 SOYBEANS
102 SUNFLOWERS 5 100 80 11.0 4 100
103 WHEAT 32 690 228 31.7 554 32.2 19 1064 369 29.0 714 30.5
104 OTHER CROPS
105 ALFALFA 5 120 125 5.1
106 OTHER HAY & FORAGE 13 151 57 145 10 218 63 257
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 14 268 205 193.4 175 191.2 9 238 172 116.8 278 197.3
111 GRAIN SORGHUM
112 SOYBEANS 7 143 143 59.9
113 SUNFLOWERS 8 195 119 20.6 181 21.3 6 135 150 18.9
114 WHEAT 10 143 69 44.6 144 40.1 5 249 127 30.8 153 28.1
115 OTHER CROPS
116 ALFALFA
117 OTHER HAY & FORAGE 6 99 73
118 VEGETABLES
119 TRUCK CROPS
120 FRUIT - FLOWERS - TREES
AVERAGE LIVESTOCK INVENTORIES AND SALES
121 BEEF COWS 54 14
122 DAIRY COWS 3
123 EWES
124 SOWS
125 BEEF PURCH. FOR RESALE SALES 43 190
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
|
2005 DATA - NW KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY AGE OF OPERATOR 61 - 65 66 - 70
15 FARMS 12 FARMS
ITEM PER FARM PER FARM
1 BEEF 46,914 139,871
2 DAIRY AND MILK
3 SHEEP
4 SWINE 207
5 POULTRY AND EGGS 46
6 OTHER LIVESTOCK 1,251
7 CUSTOM FEEDING 5,938
8 FEED PURCHASED -4,733 -50,205
9 LIVESTOCK INCOME $ 43,431 $ 95,857
10 CORN 60,462 63,478
11 GRAIN SORGHUM 13,952 2,188
12 SOYBEANS 4,570 7,693
13 SUNFLOWERS 4,931 5,866
14 WHEAT 68,264 45,408
15 HAY AND FORAGE -440 2,976
16 OTHER CROP 683 -3,800
17 GOVERNMENT PAYMENTS 87,300 69,196
18 CROP INSURANCE PROCEEDS 20,248 20,686
19 OTHER INCOME 12,020 22,449
20 VALUE OF FARM PRODUCTION $ 315,422 $ 331,996
21 HIRED LABOR 8,753 17,384
22 MACHINERY REPAIRS 21,160 23,975
23 IRRIGATION REPAIRS 1,992 855
24 BUILDING REPAIRS 748 1,227
25 INTEREST PAID 24,134 26,279
26 SEED-OTHER CROP EXPENSE 17,961 18,733
27 CROP INSURANCE 10,498 8,712
28 FERTILIZER-LIME 31,262 21,450
29 MACHINE HIRE 13,004 20,087
30 ORGANIZATION FEE, PUBLICATION 4,099 4,296
31 VET-MED-DRUGS 1,308 4,098
32 CROP STORAGE-MARKETING 417 269
33 LIVESTOCK MARKETING-BREEDING 968 1,406
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 17,843 21,772
36 IRRIGATION ENERGY 15,369 20,142
37 REAL ESTATE TAXES 5,645 6,138
38 PERSONAL PROPERTY TAXES 145 268
39 GENERAL FARM INSURANCE 6,240 7,458
40 UTILITIES 2,503 4,161
41 CASH FARM RENT 8,482 29,672
42 HERBICIDE-INSECTICIDE 18,345 21,188
43 CONSERVATION 539 16
44 AUTO EXPENSE 1,316 813
45 TOTAL OPERATING EXPENSE $ 212,732 $ 260,397
46 DEPRECIATION-MACHINERY 24,204 23,941
47 DEPRECIATION-BUILDINGS 1,570 3,142
48 TOTAL FARM EXPENSE $ 238,506 $ 287,479
49 NET FARM INCOME $ 76,916 $ 44,517
50 UNPAID FAMILY LABOR 2,550 1,500
51 UNPAID OPERATOR LABOR 18,900 19,575
52 MANAGEMENT CHARGE 18,086 13,508
53 CURRENT ASSET CHARGE - 8% 10,467 23,332
54 NONCURRENT ASSET CHARGE - 8% 64,604 48,356
55 RETURN LABOR-MANAGEMENT -706 -28,670
56 RETURN TO CAPITAL 61,514 36,213
57 ASSET TURNOVER RATIO .2401 .2592
58 OPERATING PROFIT MARGIN RATIO .1950 .1091
59 % RETURN ON ASSETS .0468 .0283
60 % RETURN ON EQUITY .0398 .0111
61 TOTAL EXPENSE RATIO .7561 .8659
62 ADJUSTED TOTAL EXPENSE RATIO .8815 .9701
63 ECONOMIC TOTAL EXPENSE RATIO 1.1195 1.1860
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 253,537 282,942 483,914 564,657
65 NONCURRENT ASSETS 1,020,374 1,070,090 753,830 759,040
66 CURRENT LIABILITIES 128,755 146,037 244,859 220,424
67 NONCURRENT LIABILITIES 236,862 238,500 151,256 152,725
68 CURRENT RATIO 1.97 1.94 1.98 2.56
69 DEBT TO ASSET RATIO .29 .28 .32 .28
|
2005 DATA - NW KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY AGE OF OPERATOR 61 - 65 66 - 70
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 49,243 22,597
71 MACHINERY AND EQUIPMENT 88,781 97,062
72 MOTOR VEHICLES & LISTED PROPE 109,020 121,056
73 BUILDINGS 16,185 31,470
74 OWNED LAND 804,985 491,278
75 TOTAL ASSETS 1,313,471 1,280,721
76 NET WORTH 938,394 896,089
LABOR
77 NUMBER OF OPERATORS .70 .72
78 NUMBER OF WORKERS 1.07 1.40
79 TOTAL WORK DAYS 349 251
80 VALUE FARM PRODUCTION/WORKER 293,872 237,140
81 NET FARM INCOME/WORKER 71,661 31,798
PER OPERATOR BASIS
82 TOTAL ASSETS 1,876,387 1,766,511
83 VALUE OF FARM PRODUCTION 450,603 457,926
84 NET FARM INCOME 109,880 61,403
OTHER FACTORS
85 % CROP ACRES IRRIGATED 16.64 21.42
86 % TILLABLE LAND 69.13 70.41
87 CROP MACH COST/TOT EXPENSE(%) 34.85 27.45
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 3471 15 1452 15 2329 13 2286 12 1090 10 1503 11
89 NON-IRRIGATED CROP ACRES 2000 15 912 15 1255 13 1265 12 717 9 792 11
90 IRRIGATED CROP ACRES 665 9 341 7 720 5 460 9 310 6 456 5
91 TOTAL CROP ACRES 2399 15 1071 15 1532 13 1609 12 924 9 1000 11
92 PASTURE ACRES 1558 10 550 10 1440 7 1126 7 490 5 1086 5
93 FARMSTEAD ACRES 62 8 36 6 39 6 26 5
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 2399 1715 1609 1199
95 CROP MACHINERY INVESTMENT 186,804 77.86 108.92 200,907 124.84 167.50
96 CROP MACHINERY COST 83,127 34.65 48.47 78,912 49.03 65.79
97 GROSS CROP VALUE 345,741 144.11 201.59 296,909 184.49 247.53
98 CROP PRODUCTION COSTS 203,987 85.02 118.94 207,741 129.09 173.19
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 8 372 204 37.2 292 50.8 8 187 92 50.0
100 GRAIN SORGHUM 8 331 411 61.0 168 52.5
101 SOYBEANS
102 SUNFLOWERS
103 WHEAT 15 824 367 31.7 528 33.2 12 645 467 31.9 365 34.9
104 OTHER CROPS
105 ALFALFA 4 50 39 2.9
106 OTHER HAY & FORAGE 4 111 81 4 84 69
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 5 585 233 183.2 9 280 175 194.2 328 194.2
111 GRAIN SORGHUM
112 SOYBEANS
113 SUNFLOWERS
114 WHEAT 6 135 132 43.3 4 170
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 23 5
122 DAIRY COWS
123 EWES
124 SOWS 1
125 BEEF PURCH. FOR RESALE SALES 4 18
126 SWINE PURCH. FOR RESALE SALES 3
127 TURKEYS
|
2005 DATA - NW KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY AGE OF OPERATOR > 70
26 FARMS
ITEM PER FARM PER FARM
1 BEEF 28,805
2 DAIRY AND MILK
3 SHEEP
4 SWINE
5 POULTRY AND EGGS
6 OTHER LIVESTOCK -54
7 CUSTOM FEEDING
8 FEED PURCHASED -5,609
9 LIVESTOCK INCOME $ 23,142
10 CORN 18,719
11 GRAIN SORGHUM 2,505
12 SOYBEANS 1,146
13 SUNFLOWERS 505
14 WHEAT 43,536
15 HAY AND FORAGE 4,203
16 OTHER CROP 1,034
17 GOVERNMENT PAYMENTS 37,086
18 CROP INSURANCE PROCEEDS 8,116
19 OTHER INCOME 5,059
20 VALUE OF FARM PRODUCTION $ 145,051
21 HIRED LABOR 6,471
22 MACHINERY REPAIRS 10,453
23 IRRIGATION REPAIRS 1,141
24 BUILDING REPAIRS 992
25 INTEREST PAID 4,502
26 SEED-OTHER CROP EXPENSE 4,859
27 CROP INSURANCE 4,160
28 FERTILIZER-LIME 12,749
29 MACHINE HIRE 10,236
30 ORGANIZATION FEE, PUBLICATION 2,817
31 VET-MED-DRUGS 867
32 CROP STORAGE-MARKETING 2,378
33 LIVESTOCK MARKETING-BREEDING 347
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 8,192
36 IRRIGATION ENERGY 3,794
37 REAL ESTATE TAXES 4,551
38 PERSONAL PROPERTY TAXES 2
39 GENERAL FARM INSURANCE 4,356
40 UTILITIES 1,509
41 CASH FARM RENT 6,898
42 HERBICIDE-INSECTICIDE 7,630
43 CONSERVATION 812
44 AUTO EXPENSE 813
45 TOTAL OPERATING EXPENSE $ 100,529
46 DEPRECIATION-MACHINERY 10,887
47 DEPRECIATION-BUILDINGS 657
48 TOTAL FARM EXPENSE $ 112,073
49 NET FARM INCOME $ 32,978
50 UNPAID FAMILY LABOR 1,038
51 UNPAID OPERATOR LABOR 11,319
52 MANAGEMENT CHARGE 8,731
53 CURRENT ASSET CHARGE - 8% 15,280
54 NONCURRENT ASSET CHARGE - 8% 61,681
55 RETURN LABOR-MANAGEMENT -45,022
56 RETURN TO CAPITAL 16,392
57 ASSET TURNOVER RATIO .1404
58 OPERATING PROFIT MARGIN RATIO .1130
59 % RETURN ON ASSETS .0159
60 % RETURN ON EQUITY .0124
61 TOTAL EXPENSE RATIO .7726
62 ADJUSTED TOTAL EXPENSE RATIO .9180
63 ECONOMIC TOTAL EXPENSE RATIO 1.4486
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 206,461 237,394
65 NONCURRENT ASSETS 810,198 811,920
66 CURRENT LIABILITIES 32,433 29,411
67 NONCURRENT LIABILITIES 44,121 35,964
68 CURRENT RATIO 6.37 8.07
69 DEBT TO ASSET RATIO .08 .06
|
2005 DATA - NW KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY AGE OF OPERATOR > 70
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 31,098
71 MACHINERY AND EQUIPMENT 52,555
72 MOTOR VEHICLES & LISTED PROPE 63,799
73 BUILDINGS 11,312
74 OWNED LAND 668,484
75 TOTAL ASSETS 1,032,987
76 NET WORTH 962,023
LABOR
77 NUMBER OF OPERATORS .41
78 NUMBER OF WORKERS .78
79 TOTAL WORK DAYS 155
80 VALUE FARM PRODUCTION/WORKER 184,869
81 NET FARM INCOME/WORKER 42,031
PER OPERATOR BASIS
82 TOTAL ASSETS 2,464,006
83 VALUE OF FARM PRODUCTION 345,993
84 NET FARM INCOME 78,664
OTHER FACTORS
85 % CROP ACRES IRRIGATED 10.41
86 % TILLABLE LAND 52.50
87 CROP MACH COST/TOT EXPENSE(%) 38.45
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 2162 26 1553 23 1206 17
89 NON-IRRIGATED CROP ACRES 1017 26 677 23 776 14
90 IRRIGATED CROP ACRES 341 9 311 9
91 TOTAL CROP ACRES 1135 26 799 23 796 14
92 PASTURE ACRES 1314 20 893 19 932 10
93 FARMSTEAD ACRES 38 11 34 11
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 1135 771
95 CROP MACHINERY INVESTMENT 103,212 90.92 133.93
96 CROP MACHINERY COST 43,095 37.96 55.92
97 GROSS CROP VALUE 126,547 111.48 164.21
98 CROP PRODUCTION COSTS 97,656 86.03 126.72
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 8 205 132 67.4
100 GRAIN SORGHUM 8 120 48 73.1
101 SOYBEANS
102 SUNFLOWERS
103 WHEAT 26 499 335 34.5 405 30.3
104 OTHER CROPS
105 ALFALFA
106 OTHER HAY & FORAGE 7 96 85
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 7 190 167 180.4
111 GRAIN SORGHUM
112 SOYBEANS
113 SUNFLOWERS
114 WHEAT 6 208 228 38.0
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 8
122 DAIRY COWS
123 EWES
124 SOWS
125 BEEF PURCH. FOR RESALE SALES 1
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
|
|