South Central KFMA
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       2005 DATA - SC KANSAS  
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY NET FARM INCOME                         AVERAGE                                   MY FARM  
                                                        304 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            38,070 
        2  DAIRY AND MILK                                  10,844 
        3  SHEEP                                              127 
        4  SWINE                                            1,392 
        5  POULTRY AND EGGS   
        6  OTHER LIVESTOCK                                   -668 
        7  CUSTOM FEEDING                                   6,538 
        8  FEED PURCHASED                                 -18,879 
        9     LIVESTOCK INCOME                       $     37,424 
      
       10  CORN                                            33,385 
       11  GRAIN SORGHUM                                   20,484 
       12  SOYBEANS                                        24,134 
       13  SUNFLOWERS                                       1,305 
       14  WHEAT                                           77,361 
       15  HAY AND FORAGE                                  14,375 
       16  OTHER CROP                                       4,093 
       17  GOVERNMENT PAYMENTS                             42,519 
       18  CROP INSURANCE PROCEEDS                          3,507 
       19  OTHER INCOME                                    22,153 
       20     VALUE OF FARM PRODUCTION               $    280,740 
      
       21  HIRED LABOR                                     13,135 
       22  MACHINERY REPAIRS                               24,941 
       23  IRRIGATION REPAIRS                               1,418 
       24  BUILDING REPAIRS                                 1,477 
       25  INTEREST PAID                                   16,106 
       26  SEED-OTHER CROP EXPENSE                         18,964 
       27  CROP INSURANCE                                   5,754 
       28  FERTILIZER-LIME                                 41,391 
       29  MACHINE HIRE                                    14,452 
       30  ORGANIZATION FEE, PUBLICATION                    3,181 
       31  VET-MED-DRUGS                                    2,907 
       32  CROP STORAGE-MARKETING                           1,236 
       33  LIVESTOCK MARKETING-BREEDING                     2,014 
       34  DAIRY EXPENSE                                      791 
       35  GAS-FUEL-OIL                                    20,850 
       36  IRRIGATION ENERGY                                2,542 
       37  REAL ESTATE TAXES                                4,680 
       38  PERSONAL PROPERTY TAXES                            957 
       39  GENERAL FARM INSURANCE                           4,672 
       40  UTILITIES                                        3,721 
       41  CASH FARM RENT                                  12,719 
       42  HERBICIDE-INSECTICIDE                           18,477 
       43  CONSERVATION                                       226 
       44  AUTO EXPENSE                                       638 
       45     TOTAL OPERATING EXPENSE                $    217,249 
      
       46  DEPRECIATION-MACHINERY                          23,399 
       47  DEPRECIATION-BUILDINGS                           2,011 
       48     TOTAL FARM EXPENSE                     $    242,659 
      
       49     NET FARM INCOME                        $     38,081 
      
       50  UNPAID FAMILY LABOR                              1,739 
       51  UNPAID OPERATOR LABOR                           28,448 
       52  MANAGEMENT CHARGE                               11,516 
       53  CURRENT ASSET CHARGE - 8%                        7,522 
       54  NONCURRENT ASSET CHARGE - 8%                    41,597 
       55  RETURN LABOR-MANAGEMENT                        -12,778 
       56  RETURN TO CAPITAL                               12,485 
       57  ASSET TURNOVER RATIO                             .3088 
       58  OPERATING PROFIT MARGIN RATIO                    .0445 
       59  % RETURN ON ASSETS                               .0137 
       60  % RETURN ON EQUITY                              -.0059 
       61  TOTAL EXPENSE RATIO                              .8644 
       62  ADJUSTED TOTAL EXPENSE RATIO                    1.0129 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.1879 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          203,608               209,058    
       65  NONCURRENT ASSETS                       692,986               712,813    
       66  CURRENT LIABILITIES                     111,280               113,338    
       67  NONCURRENT LIABILITIES                  182,078               183,785    
       68  CURRENT RATIO                              1.83                  1.84    
       69  DEBT TO ASSET RATIO                         .33                   .32    
      
       2005 DATA - SC KANSAS  
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY NET FARM INCOME                         AVERAGE                                   MY FARM  
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              31,155 
       71  MACHINERY AND EQUIPMENT                         80,147 
       72  MOTOR VEHICLES & LISTED PROPE                  130,356 
       73  BUILDINGS                                       19,789 
       74  OWNED LAND                                     454,986 
       75  TOTAL ASSETS                                   909,232 
       76  NET WORTH                                      613,991 
      
       LABOR
       77  NUMBER OF OPERATORS                               1.05 
       78  NUMBER OF WORKERS                                 1.46 
       79  TOTAL WORK DAYS                                    386 
       80  VALUE FARM PRODUCTION/WORKER                   191,571 
       81  NET FARM INCOME/WORKER                          25,986 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                   862,962 
       83  VALUE OF FARM PRODUCTION                       266,453 
       84  NET FARM INCOME                                 36,143 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                           13.12 
       86  % TILLABLE LAND                                  84.90 
       87  CROP MACH COST/TOT EXPENSE(%)                    34.89 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     1730   304    533   236   1389   288     
       89  NON-IRRIGATED CROP ACRES        1280   303    376   228   1056   286     
       90  IRRIGATED CROP ACRES             492   119    249    69    427    97     
       91  TOTAL CROP ACRES                1474   303    450   229   1201   286     
       92  PASTURE ACRES                    418   176    162   122    413   130     
       93  FARMSTEAD ACRES                   38   155     24   128     42    68     
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          1469          1462  
       95  CROP MACHINERY INVESTMENT          197,008        134.13        134.79   
       96  CROP MACHINERY COST                 84,657         57.64         57.92   
       97  GROSS CROP VALUE                   290,422        197.08        198.04   
       98  CROP PRODUCTION COSTS              207,685        140.00        140.69   
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                           117    154     99    73.7   135    75.9   
      100  GRAIN SORGHUM                  233    325    117    65.8   284    63.3   
      101  SOYBEANS                       145    189     77    29.8   170    29.1   
      102  SUNFLOWERS                      25    148     70    14.8   136    12.5   
      103  WHEAT                          295    752    228    43.2   641    42.8   
      104  OTHER CROPS                     20    158     87           150     
      105  ALFALFA                        129    155     84     3.6   145     3.9   
      106  OTHER HAY & FORAGE             111     94     53            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                            98    320    186   174.8   273   174.4   
      111  GRAIN SORGHUM                   24    120     90   103.8   127    91.1   
      112  SOYBEANS                        94    208    120    50.4   199    52.1   
      113  SUNFLOWERS   
      114  WHEAT                           35    157    160    53.5   130    50.4   
      115  OTHER CROPS  
      116  ALFALFA                         17    180    100     6.2   197     5.0   
      117  OTHER HAY & FORAGE              12    106    173            39     
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           20 
      122  DAIRY COWS                                           3 
      123  EWES                                                 1 
      124  SOWS                                                 1 
      125  BEEF PURCH. FOR RESALE SALES                        51 
      126  SWINE PURCH. FOR RESALE SALES                       14 
      127  TURKEYS
      
      
       2005 DATA - SC KANSAS  
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY NET FARM INCOME                         HIGH 25%                                HIGH MIDDLE
                                                         76 FARMS                                  76 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            86,260                                    26,080 
        2  DAIRY AND MILK                                  22,514                                    16,542 
        3  SHEEP                                              153                                        15 
        4  SWINE                                            4,241                                     1,284 
        5  POULTRY AND EGGS   
        6  OTHER LIVESTOCK                                 -1,728                                      -154 
        7  CUSTOM FEEDING                                  23,145                                     1,093 
        8  FEED PURCHASED                                 -51,808                                    -9,171 
        9     LIVESTOCK INCOME                       $     82,776                              $     35,688 
      
       10  CORN                                            75,074                                    18,872 
       11  GRAIN SORGHUM                                   27,372                                    24,815 
       12  SOYBEANS                                        44,559                                    23,101 
       13  SUNFLOWERS                                       1,556                                     1,156 
       14  WHEAT                                          117,882                                    80,246 
       15  HAY AND FORAGE                                  24,658                                    14,344 
       16  OTHER CROP                                       3,194                                     6,796 
       17  GOVERNMENT PAYMENTS                             67,434                                    40,778 
       18  CROP INSURANCE PROCEEDS                          2,741                                     2,965 
       19  OTHER INCOME                                    39,360                                    17,436 
       20     VALUE OF FARM PRODUCTION               $    486,607                              $    266,197 
      
       21  HIRED LABOR                                     23,526                                    12,209 
       22  MACHINERY REPAIRS                               32,814                                    23,773 
       23  IRRIGATION REPAIRS                               1,673                                       991 
       24  BUILDING REPAIRS                                 1,713                                       862 
       25  INTEREST PAID                                   19,667                                    13,019 
       26  SEED-OTHER CROP EXPENSE                         26,780                                    17,596 
       27  CROP INSURANCE                                   7,347                                     5,894 
       28  FERTILIZER-LIME                                 62,701                                    39,419 
       29  MACHINE HIRE                                    18,243                                    12,826 
       30  ORGANIZATION FEE, PUBLICATION                    4,481                                     3,036 
       31  VET-MED-DRUGS                                    8,390                                     1,313 
       32  CROP STORAGE-MARKETING                           2,368                                       840 
       33  LIVESTOCK MARKETING-BREEDING                     4,832                                       948 
       34  DAIRY EXPENSE                                    1,633                                     1,392 
       35  GAS-FUEL-OIL                                    30,514                                    20,169 
       36  IRRIGATION ENERGY                                3,881                                     2,402 
       37  REAL ESTATE TAXES                                6,980                                     3,821 
       38  PERSONAL PROPERTY TAXES                          1,245                                     1,028 
       39  GENERAL FARM INSURANCE                           6,327                                     4,857 
       40  UTILITIES                                        4,707                                     4,013 
       41  CASH FARM RENT                                  19,112                                    11,992 
       42  HERBICIDE-INSECTICIDE                           27,784                                    17,323 
       43  CONSERVATION                                       280                                        58 
       44  AUTO EXPENSE                                       872                                       701 
       45     TOTAL OPERATING EXPENSE                $    317,868                              $    200,483 
      
       46  DEPRECIATION-MACHINERY                          38,345                                    21,474 
       47  DEPRECIATION-BUILDINGS                           3,696                                     1,464 
       48     TOTAL FARM EXPENSE                     $    359,908                              $    223,421 
      
       49     NET FARM INCOME                        $    126,698                              $     42,776 
      
       50  UNPAID FAMILY LABOR                              2,428                                     1,628 
       51  UNPAID OPERATOR LABOR                           31,263                                    29,238 
       52  MANAGEMENT CHARGE                               28,381                                    12,016 
       53  CURRENT ASSET CHARGE - 8%                       17,236                                     6,048 
       54  NONCURRENT ASSET CHARGE - 8%                    66,114                                    34,553 
       55  RETURN LABOR-MANAGEMENT                         40,922                                       546 
       56  RETURN TO CAPITAL                               84,293                                    12,912 
       57  ASSET TURNOVER RATIO                             .3326                                     .3621 
       58  OPERATING PROFIT MARGIN RATIO                    .1732                                     .0485 
       59  % RETURN ON ASSETS                               .0576                                     .0176 
       60  % RETURN ON EQUITY                               .0620                                    -.0002 
       61  TOTAL EXPENSE RATIO                              .7396                                     .8393 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .8672                                    1.0004 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.0385                                    1.1529 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          396,469               439,560             160,583               162,509    
       65  NONCURRENT ASSETS                     1,030,081             1,059,864             562,387               584,870    
       66  CURRENT LIABILITIES                     203,703               201,437              81,738                90,143    
       67  NONCURRENT LIABILITIES                  214,481               222,626             140,234               143,207    
       68  CURRENT RATIO                              1.95                  2.18                1.96                  1.80    
       69  DEBT TO ASSET RATIO                         .29                   .28                 .31                   .31    
      
       2005 DATA - SC KANSAS  
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY NET FARM INCOME                         HIGH 25%                                HIGH MIDDLE
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              51,124                                    36,633 
       71  MACHINERY AND EQUIPMENT                        128,322                                    70,182 
       72  MOTOR VEHICLES & LISTED PROPE                  205,406                                   119,829 
       73  BUILDINGS                                       36,940                                    13,768 
       74  OWNED LAND                                     648,004                                   353,309 
       75  TOTAL ASSETS                                 1,462,987                                   735,174 
       76  NET WORTH                                    1,041,863                                   507,513 
      
       LABOR
       77  NUMBER OF OPERATORS                               1.15                                      1.08 
       78  NUMBER OF WORKERS                                 1.88                                      1.46 
       79  TOTAL WORK DAYS                                    679                                       350 
       80  VALUE FARM PRODUCTION/WORKER                   257,715                                   181,444 
       81  NET FARM INCOME/WORKER                          67,102                                    29,156 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                 1,263,489                                   678,897 
       83  VALUE OF FARM PRODUCTION                       420,251                                   245,820 
       84  NET FARM INCOME                                109,421                                    39,501 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                           16.97                                      9.65 
       86  % TILLABLE LAND                                  85.22                                     84.16 
       87  CROP MACH COST/TOT EXPENSE(%)                    32.53                                     36.62 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     2451    76    783    58   1929    73       1786    76    445    56   1477    75    
       89  NON-IRRIGATED CROP ACRES        1734    76    569    56   1369    73       1376    75    336    55   1145    74    
       90  IRRIGATED CROP ACRES             641    42    365    22    526    36        441    25    165    13    404    22    
       91  TOTAL CROP ACRES                2089    76    699    57   1628    73       1523    75    375    55   1265    74    
       92  PASTURE ACRES                    587    44    197    25    581    36        444    45    106    33    472    35    
       93  FARMSTEAD ACRES                   47    36     22    29     66    16         37    41     23    36     36    18    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          2089          2101                        1503          1491  
       95  CROP MACHINERY INVESTMENT          309,286        148.07        147.21        176,424        117.37        118.35  
       96  CROP MACHINERY COST                117,085         56.06         55.73         81,825         54.43         54.89  
       97  GROSS CROP VALUE                   459,523        220.00        218.72        287,548        188.77        190.35  
       98  CROP PRODUCTION COSTS              303,106        143.20        142.37        198,854        128.81        129.88  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                            39    191    132    80.6   160    82.7     31    140     57    64.4   138    76.4  
      100  GRAIN SORGHUM                   61    405    135    72.4   342    70.5     61    348     99    71.7   309    63.7  
      101  SOYBEANS                        39    252     67    28.5   243    31.7     40    212     79    31.6   199    29.4  
      102  SUNFLOWERS                       8    141     87    15.4    97    14.1     10    130                  123    11.0  
      103  WHEAT                           75    993    349    47.6   797    45.0     73    792    188    44.3   705    45.0  
      104  OTHER CROPS                      4    228                  161              4    229 
      105  ALFALFA                         38    200    141     4.4   159     4.0     32    155     52     3.7   157     4.1  
      106  OTHER HAY & FORAGE              35    128     66           122             29     75     42            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                            38    407    302   186.1   304   186.1     19    258     93   176.9   236   172.8  
      111  GRAIN SORGHUM                    4     37                                   6    160                  192    86.5  
      112  SOYBEANS                        37    266    153    52.9   253    52.4     19    194     97    54.6   181    50.0  
      113  SUNFLOWERS   
      114  WHEAT                           13    144                  128    52.6      6    149                  137    48.8  
      115  OTHER CROPS  
      116  ALFALFA                                                                     7    223    104     5.9   261     5.2  
      117  OTHER HAY & FORAGE               4    215  
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           30                                        25 
      122  DAIRY COWS                                           7                                         3 
      123  EWES                                                 1 
      124  SOWS                                                 4                                         1 
      125  BEEF PURCH. FOR RESALE SALES                       147                                         8 
      126  SWINE PURCH. FOR RESALE SALES                       54 
      127  TURKEYS
      
      
       2005 DATA - SC KANSAS  
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY NET FARM INCOME                        LOW MIDDLE                                 LOW 25%  
                                                         76 FARMS                                  76 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            16,202                                    23,738 
        2  DAIRY AND MILK                                   4,979                                      -658 
        3  SHEEP                                              251                                        88 
        4  SWINE                                                                                         41 
        5  POULTRY AND EGGS                                                                               2 
        6  OTHER LIVESTOCK                                   -111                                      -680 
        7  CUSTOM FEEDING                                   1,778                                       138 
        8  FEED PURCHASED                                  -6,614                                    -7,924 
        9     LIVESTOCK INCOME                       $     16,484                              $     14,746 
      
       10  CORN                                            17,219                                    22,375 
       11  GRAIN SORGHUM                                   14,298                                    15,449 
       12  SOYBEANS                                        15,534                                    13,341 
       13  SUNFLOWERS                                       2,688                                      -179 
       14  WHEAT                                           53,671                                    57,643 
       15  HAY AND FORAGE                                  10,176                                     8,322 
       16  OTHER CROP                                       2,321                                     4,061 
       17  GOVERNMENT PAYMENTS                             28,522                                    33,345 
       18  CROP INSURANCE PROCEEDS                          3,572                                     4,752 
       19  OTHER INCOME                                    12,402                                    19,414 
       20     VALUE OF FARM PRODUCTION               $    176,887                              $    193,269 
      
       21  HIRED LABOR                                      5,469                                    11,336 
       22  MACHINERY REPAIRS                               17,480                                    25,694 
       23  IRRIGATION REPAIRS                                 627                                     2,379 
       24  BUILDING REPAIRS                                 1,325                                     2,008 
       25  INTEREST PAID                                   12,096                                    19,644 
       26  SEED-OTHER CROP EXPENSE                         13,654                                    17,824 
       27  CROP INSURANCE                                   4,642                                     5,135 
       28  FERTILIZER-LIME                                 27,715                                    35,731 
       29  MACHINE HIRE                                     9,815                                    16,925 
       30  ORGANIZATION FEE, PUBLICATION                    2,434                                     2,772 
       31  VET-MED-DRUGS                                      868                                     1,058 
       32  CROP STORAGE-MARKETING                             794                                       944 
       33  LIVESTOCK MARKETING-BREEDING                     1,438                                       836 
       34  DAIRY EXPENSE                                      139 
       35  GAS-FUEL-OIL                                    15,648                                    17,069 
       36  IRRIGATION ENERGY                                1,735                                     2,152 
       37  REAL ESTATE TAXES                                3,617                                     4,303 
       38  PERSONAL PROPERTY TAXES                            707                                       847 
       39  GENERAL FARM INSURANCE                           3,190                                     4,313 
       40  UTILITIES                                        2,961                                     3,202 
       41  CASH FARM RENT                                   9,378                                    10,396 
       42  HERBICIDE-INSECTICIDE                           14,129                                    14,671 
       43  CONSERVATION                                       167                                       399 
       44  AUTO EXPENSE                                       601                                       378 
       45     TOTAL OPERATING EXPENSE                $    150,630                              $    200,016 
      
       46  DEPRECIATION-MACHINERY                          15,769                                    18,007 
       47  DEPRECIATION-BUILDINGS                           1,062                                     1,822 
       48     TOTAL FARM EXPENSE                     $    167,461                              $    219,845 
      
       49     NET FARM INCOME                        $      9,426                              $    -26,576 
      
       50  UNPAID FAMILY LABOR                              1,924                                       977 
       51  UNPAID OPERATOR LABOR                           26,964                                    26,325 
       52  MANAGEMENT CHARGE                                5,563                                       102 
       53  CURRENT ASSET CHARGE - 8%                        6,366                                       438 
       54  NONCURRENT ASSET CHARGE - 8%                    32,854                                    32,870 
       55  RETURN LABOR-MANAGEMENT                        -31,717                                   -60,861 
       56  RETURN TO CAPITAL                              -12,929                                   -34,337 
       57  ASSET TURNOVER RATIO                             .2518                                     .2625 
       58  OPERATING PROFIT MARGIN RATIO                   -.0731                                    -.1777 
       59  % RETURN ON ASSETS                              -.0184                                    -.0466 
       60  % RETURN ON EQUITY                              -.0510                                    -.1297 
       61  TOTAL EXPENSE RATIO                              .9467                                    1.1375 
       62  ADJUSTED TOTAL EXPENSE RATIO                    1.1415                                    1.2793 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.3632                                    1.4516 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          138,049               131,396             119,330               102,766    
       65  NONCURRENT ASSETS                       568,208               567,502             611,268               639,017    
       66  CURRENT LIABILITIES                      54,675                55,628             105,005               106,145    
       67  NONCURRENT LIABILITIES                  158,275               156,093             215,322               213,215    
       68  CURRENT RATIO                              2.52                  2.36                1.14                   .97    
       69  DEBT TO ASSET RATIO                         .30                   .30                 .44                   .43    
      
       2005 DATA - SC KANSAS  
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY NET FARM INCOME                        LOW MIDDLE                                 LOW 25%  
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              18,645                                    18,221 
       71  MACHINERY AND EQUIPMENT                         55,287                                    66,795 
       72  MOTOR VEHICLES & LISTED PROPE                   94,713                                   101,475 
       73  BUILDINGS                                       10,790                                    17,659 
       74  OWNED LAND                                     395,656                                   422,974 
       75  TOTAL ASSETS                                   702,577                                   736,191 
       76  NET WORTH                                      490,242                                   416,347 
      
       LABOR
       77  NUMBER OF OPERATORS                                .99                                       .97 
       78  NUMBER OF WORKERS                                 1.22                                      1.28 
       79  TOTAL WORK DAYS                                    242                                       272 
       80  VALUE FARM PRODUCTION/WORKER                   144,708                                   150,496 
       81  NET FARM INCOME/WORKER                           7,712                                   -20,695 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                   703,503                                   755,068 
       83  VALUE OF FARM PRODUCTION                       177,120                                   198,224 
       84  NET FARM INCOME                                  9,439                                   -27,258 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                            9.82                                     13.77 
       86  % TILLABLE LAND                                  86.32                                     84.01 
       87  CROP MACH COST/TOT EXPENSE(%)                    36.91                                     35.44 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     1263    76    416    61   1038    68       1420    76    493    61   1082    72    
       89  NON-IRRIGATED CROP ACRES         983    76    301    58    854    67       1029    76    305    59    836    72    
       90  IRRIGATED CROP ACRES             354    23    177    15    322    17        431    29    228    19    371    22    
       91  TOTAL CROP ACRES                1090    76    347    58    935    67       1193    76    379    59    949    72    
       92  PASTURE ACRES                    269    43    129    33    280    26        367    44    230    31    273    33    
       93  FARMSTEAD ACRES                   36    43     26    37     37    16         31    35     22    26     29    18    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          1090          1044                        1193          1211  
       95  CROP MACHINERY INVESTMENT          143,508        131.68        137.45        158,813        133.08        131.16  
       96  CROP MACHINERY COST                 61,806         56.71         59.20         77,911         65.29         64.35  
       97  GROSS CROP VALUE                   191,403        175.63        183.33        223,176        187.02        184.32  
       98  CROP PRODUCTION COSTS              144,249        132.36        138.16        185,554        155.49        153.25  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                            22    131    116    79.9   108    71.0     25    135     74    66.5   118    69.6  
      100  GRAIN SORGHUM                   57    255     99    58.4   237    59.7     54    284    136    58.7   233    58.0  
      101  SOYBEANS                        36    131     89    30.5   103    27.2     30    148     75    28.5   117    27.8  
      102  SUNFLOWERS                       6    202                  266    12.7   
      103  WHEAT                           73    573    199    40.7   496    41.3     74    644    177    40.5   552    39.9  
      104  OTHER CROPS                      6    130                  118              6     91                   59    
      105  ALFALFA                         28    126     62     3.3   118     3.7     31    125     72     2.9   139     3.9  
      106  OTHER HAY & FORAGE              23     66     47            51             24     95     53            94    
      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                            19    228    126   169.1   204   157.4     22    304    129   163.3   313   166.9  
      111  GRAIN SORGHUM                    5     63                                   9    162                  147    92.0  
      112  SOYBEANS                        20    131     98    51.1   111    52.8     18    187    118    44.6   183    53.7  
      113  SUNFLOWERS   
      114  WHEAT                            6     74                   74    40.2     10    229    201    50.9   181    58.0  
      115  OTHER CROPS  
      116  ALFALFA                          5     98  
      117  OTHER HAY & FORAGE 
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           13                                        14 
      122  DAIRY COWS                                           2 
      123  EWES                                                 1                                         1 
      124  SOWS   
      125  BEEF PURCH. FOR RESALE SALES                        16                                        33 
      126  SWINE PURCH. FOR RESALE SALES  
      127  TURKEYS