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2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE CROP FARM CROP FARM IRRIGATED
1269 FARMS 119 FARMS
ITEM PER FARM PER FARM
1 BEEF 40,043 35,833
2 DAIRY AND MILK 1,526 3,905
3 SHEEP 214 58
4 SWINE 2,508 1,813
5 POULTRY AND EGGS 210 1,296
6 OTHER LIVESTOCK 203 -637
7 CUSTOM FEEDING 5,903 2,807
8 FEED PURCHASED -12,706 -14,170
9 LIVESTOCK INCOME $ 37,901 $ 30,904
10 CORN 45,339 183,486
11 GRAIN SORGHUM 19,696 9,917
12 SOYBEANS 45,555 27,050
13 SUNFLOWERS 1,133 3,475
14 WHEAT 46,386 30,938
15 HAY AND FORAGE 7,658 21,074
16 OTHER CROP 3,336 7,362
17 GOVERNMENT PAYMENTS 28,368 48,647
18 CROP INSURANCE PROCEEDS 12,509 22,703
19 OTHER INCOME 15,366 34,638
20 VALUE OF FARM PRODUCTION $ 263,249 $ 420,195
21 HIRED LABOR 10,592 16,684
22 MACHINERY REPAIRS 20,532 26,859
23 IRRIGATION REPAIRS 722 8,291
24 BUILDING REPAIRS 1,494 1,611
25 INTEREST PAID 13,937 20,861
26 SEED-OTHER CROP EXPENSE 19,979 38,470
27 CROP INSURANCE 6,542 12,295
28 FERTILIZER-LIME 27,986 41,079
29 MACHINE HIRE 9,611 26,373
30 ORGANIZATION FEE, PUBLICATION 2,797 4,071
31 VET-MED-DRUGS 1,999 1,598
32 CROP STORAGE-MARKETING 1,442 2,140
33 LIVESTOCK MARKETING-BREEDING 2,196 858
34 DAIRY EXPENSE 24 276
35 GAS-FUEL-OIL 13,189 19,594
36 IRRIGATION ENERGY 2,649 43,348
37 REAL ESTATE TAXES 4,259 3,817
38 PERSONAL PROPERTY TAXES 876 851
39 GENERAL FARM INSURANCE 4,587 6,966
40 UTILITIES 3,599 5,135
41 CASH FARM RENT 15,187 14,522
42 HERBICIDE-INSECTICIDE 16,491 30,576
43 CONSERVATION 406 96
44 AUTO EXPENSE 860 1,169
45 TOTAL OPERATING EXPENSE $ 181,957 $ 327,541
46 DEPRECIATION-MACHINERY 21,157 29,655
47 DEPRECIATION-BUILDINGS 2,124 1,965
48 TOTAL FARM EXPENSE $ 205,239 $ 359,160
49 NET FARM INCOME $ 58,010 $ 61,034
50 UNPAID FAMILY LABOR 1,528 1,664
51 UNPAID OPERATOR LABOR 26,581 24,913
52 MANAGEMENT CHARGE 13,926 15,070
53 CURRENT ASSET CHARGE - 8% 9,168 7,111
54 NONCURRENT ASSET CHARGE - 8% 30,973 31,778
55 RETURN LABOR-MANAGEMENT 16,340 20,482
56 RETURN TO CAPITAL 29,912 40,249
57 ASSET TURNOVER RATIO .3464 .4799
58 OPERATING PROFIT MARGIN RATIO .1136 .0958
59 % RETURN ON ASSETS .0394 .0460
60 % RETURN ON EQUITY .0318 .0399
61 TOTAL EXPENSE RATIO .7796 .8547
62 ADJUSTED TOTAL EXPENSE RATIO .9393 .9539
63 ECONOMIC TOTAL EXPENSE RATIO 1.0918 1.0464
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 188,467 211,621 230,378 252,821
65 NONCURRENT ASSETS 546,456 573,482 610,579 657,548
66 CURRENT LIABILITIES 81,749 89,133 144,610 160,826
67 NONCURRENT LIABILITIES 167,715 177,896 227,147 246,532
68 CURRENT RATIO 2.31 2.37 1.59 1.57
69 DEBT TO ASSET RATIO .34 .34 .44 .45
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2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE CROP FARM CROP FARM IRRIGATED
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 26,408 13,187
71 MACHINERY AND EQUIPMENT 66,330 137,568
72 MOTOR VEHICLES & LISTED PROPE 111,573 106,817
73 BUILDINGS 21,025 19,198
74 OWNED LAND 344,624 343,201
75 TOTAL ASSETS 760,013 875,663
76 NET WORTH 501,767 486,106
LABOR
77 NUMBER OF OPERATORS .98 .92
78 NUMBER OF WORKERS 1.36 1.51
79 TOTAL WORK DAYS 303 343
80 VALUE FARM PRODUCTION/WORKER 193,301 276,872
81 NET FARM INCOME/WORKER 42,596 40,216
PER OPERATOR BASIS
82 TOTAL ASSETS 771,998 949,034
83 VALUE OF FARM PRODUCTION 267,400 455,402
84 NET FARM INCOME 58,925 66,148
OTHER FACTORS
85 % CROP ACRES IRRIGATED 6.52 63.33
86 % TILLABLE LAND 77.01 91.06
87 CROP MACH COST/TOT EXPENSE(%) 32.63 29.30
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 1816 1269 661 1082 1344 1183 1598 119 585 90 1273 108
89 NON-IRRIGATED CROP ACRES 1308 1268 445 1051 1025 1163 668 110 245 83 571 93
90 IRRIGATED CROP ACRES 412 281 243 145 353 228 922 119 338 78 809 103
91 TOTAL CROP ACRES 1400 1268 477 1053 1092 1165 1455 119 525 89 1182 107
92 PASTURE ACRES 558 875 255 706 506 609 367 42 191 28 439 23
93 FARMSTEAD ACRES 71 582 59 540 57 168 28 55 16 39 31 30
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 1399 1291 1455 1352
95 CROP MACHINERY INVESTMENT 163,783 117.11 126.88 234,187 160.94 173.19
96 CROP MACHINERY COST 66,975 47.89 51.88 105,244 72.33 77.83
97 GROSS CROP VALUE 257,242 183.94 199.28 420,868 289.23 311.25
98 CROP PRODUCTION COSTS 170,298 121.48 131.61 315,431 216.77 233.27
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 645 328 152 131.1 270 128.1 35 195 84 75.1 209 82.8
100 GRAIN SORGHUM 779 299 132 86.3 252 84.0 53 170 71 52.6 161 54.2
101 SOYBEANS 823 378 152 37.6 316 37.7 16 137 55 48.1 158 45.5
102 SUNFLOWERS 68 152 89 40.4 148 12.9 4 44 37 11.2
103 WHEAT 1147 546 195 39.3 461 38.9 84 329 121 23.6 283 22.5
104 OTHER CROPS 90 155 118 153 4 26 26
105 ALFALFA 398 101 53 3.5 106 4.7 8 40 44 3.5
106 OTHER HAY & FORAGE 599 119 63 107 13 64 34 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 194 248 142 193.1 232 195.3 103 558 232 200.4 500 203.7
111 GRAIN SORGHUM 69 115 128 115.6 95 97.2 33 147 88 105.0 151 102.6
112 SOYBEANS 187 197 133 50.4 175 52.8 60 241 123 49.2 219 53.5
113 SUNFLOWERS 18 133 117 17.7 105 16.1 16 166 130 16.0 134 15.7
114 WHEAT 103 156 116 37.1 152 45.3 72 284 179 36.4 244 43.0
115 OTHER CROPS 9 106 95 22 168 80 153
116 ALFALFA 36 140 100 5.6 137 4.7 21 293 174 5.8 219 5.3
117 OTHER HAY & FORAGE 45 90 66 92 24 167 106 181
118 VEGETABLES
119 TRUCK CROPS
120 FRUIT - FLOWERS - TREES
AVERAGE LIVESTOCK INVENTORIES AND SALES
121 BEEF COWS 21 4
122 DAIRY COWS
123 EWES 1
124 SOWS 2 3
125 BEEF PURCH. FOR RESALE SALES 58 73
126 SWINE PURCH. FOR RESALE SALES 11 18
127 TURKEYS
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2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE STOCK-RANCH COW HERD COW HERD
42 FARMS 26 FARMS
ITEM PER FARM PER FARM
1 BEEF 155,756 142,649
2 DAIRY AND MILK -1,818 19
3 SHEEP 27
4 SWINE -1 -5
5 POULTRY AND EGGS 1,841
6 OTHER LIVESTOCK -138 1,818
7 CUSTOM FEEDING 396 853
8 FEED PURCHASED -34,112 -23,655
9 LIVESTOCK INCOME $ 121,951 $ 121,680
10 CORN 201 5,059
11 GRAIN SORGHUM -186 664
12 SOYBEANS 1,535 4,631
13 SUNFLOWERS
14 WHEAT 2,611 2,516
15 HAY AND FORAGE 1,373 3,590
16 OTHER CROP 986 -342
17 GOVERNMENT PAYMENTS 5,022 3,550
18 CROP INSURANCE PROCEEDS 975 958
19 OTHER INCOME 6,995 7,495
20 VALUE OF FARM PRODUCTION $ 141,465 $ 149,802
21 HIRED LABOR 5,054 3,108
22 MACHINERY REPAIRS 10,153 7,891
23 IRRIGATION REPAIRS 43 82
24 BUILDING REPAIRS 1,481 1,405
25 INTEREST PAID 10,069 8,892
26 SEED-OTHER CROP EXPENSE 1,546 2,578
27 CROP INSURANCE 199 410
28 FERTILIZER-LIME 5,134 5,169
29 MACHINE HIRE 4,922 2,031
30 ORGANIZATION FEE, PUBLICATION 1,808 1,568
31 VET-MED-DRUGS 3,746 3,222
32 CROP STORAGE-MARKETING 3 6
33 LIVESTOCK MARKETING-BREEDING 3,734 4,116
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 6,654 6,387
36 IRRIGATION ENERGY 6 2,367
37 REAL ESTATE TAXES 4,352 3,199
38 PERSONAL PROPERTY TAXES 433 397
39 GENERAL FARM INSURANCE 2,257 2,699
40 UTILITIES 2,602 2,229
41 CASH FARM RENT 16,321 19,062
42 HERBICIDE-INSECTICIDE 1,868 2,802
43 CONSERVATION 127 49
44 AUTO EXPENSE 781 1,136
45 TOTAL OPERATING EXPENSE $ 83,292 $ 80,805
46 DEPRECIATION-MACHINERY 8,953 9,550
47 DEPRECIATION-BUILDINGS 1,330 1,322
48 TOTAL FARM EXPENSE $ 93,575 $ 91,676
49 NET FARM INCOME $ 47,890 $ 58,125
50 UNPAID FAMILY LABOR 964 1,038
51 UNPAID OPERATOR LABOR 21,986 20,562
52 MANAGEMENT CHARGE 11,521 12,329
53 CURRENT ASSET CHARGE - 8% 15,254 13,509
54 NONCURRENT ASSET CHARGE - 8% 37,219 20,384
55 RETURN LABOR-MANAGEMENT -5,547 23,193
56 RETURN TO CAPITAL 23,488 33,088
57 ASSET TURNOVER RATIO .1709 .2590
58 OPERATING PROFIT MARGIN RATIO .1660 .2209
59 % RETURN ON ASSETS .0284 .0572
60 % RETURN ON EQUITY .0205 .0571
61 TOTAL EXPENSE RATIO .6615 .6120
62 ADJUSTED TOTAL EXPENSE RATIO .9051 .8385
63 ECONOMIC TOTAL EXPENSE RATIO 1.2761 1.0647
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 240,127 261,181 195,094 255,963
65 NONCURRENT ASSETS 564,374 589,756 337,185 368,365
66 CURRENT LIABILITIES 58,123 61,839 45,710 67,613
67 NONCURRENT LIABILITIES 105,183 118,460 98,720 97,227
68 CURRENT RATIO 4.13 4.22 4.27 3.79
69 DEBT TO ASSET RATIO .20 .21 .27 .26
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2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE STOCK-RANCH COW HERD COW HERD
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 125,489 104,081
71 MACHINERY AND EQUIPMENT 27,217 29,255
72 MOTOR VEHICLES & LISTED PROPE 50,722 43,569
73 BUILDINGS 13,679 12,875
74 OWNED LAND 477,793 264,726
75 TOTAL ASSETS 827,719 578,303
76 NET WORTH 655,916 423,668
LABOR
77 NUMBER OF OPERATORS .81 .76
78 NUMBER OF WORKERS 1.01 .86
79 TOTAL WORK DAYS 185 148
80 VALUE FARM PRODUCTION/WORKER 139,146 173,104
81 NET FARM INCOME/WORKER 47,105 67,167
PER OPERATOR BASIS
82 TOTAL ASSETS 1,016,496 759,388
83 VALUE OF FARM PRODUCTION 173,729 196,709
84 NET FARM INCOME 58,813 76,326
OTHER FACTORS
85 % CROP ACRES IRRIGATED .59
86 % TILLABLE LAND 6.75 7.73
87 CROP MACH COST/TOT EXPENSE(%) 12.81 14.59
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 2509 42 1360 41 1657 36 1299 25 535 22 1035 20
89 NON-IRRIGATED CROP ACRES 202 35 144 29 193 15 148 17 103 14 133 8
90 IRRIGATED CROP ACRES
91 TOTAL CROP ACRES 203 35 145 29 193 15 148 17 103 14 133 8
92 PASTURE ACRES 2312 42 1237 41 1658 34 1212 24 451 21 1090 18
93 FARMSTEAD ACRES 51 23 38 21 54 7 86 10 84 10
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 169 125 97 101
95 CROP MACHINERY INVESTMENT 27,004 159.47 216.07 37,795 391.50 373.31
96 CROP MACHINERY COST 11,990 70.81 95.94 13,379 138.59 132.15
97 GROSS CROP VALUE 17,770 97.45 132.03 22,304 168.83 160.99
98 CROP PRODUCTION COSTS 25,054 137.39 186.14 43,959 367.78 350.69
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 4 47 6 40
100 GRAIN SORGHUM 6 36 27 64.9
101 SOYBEANS 6 57 46 28.4 8 53 35 34.8 61 27.8
102 SUNFLOWERS
103 WHEAT 9 174 134 22.6 147 35.1 6 49 46 34.0
104 OTHER CROPS
105 ALFALFA 8 22 15 3.4 29 3.0
106 OTHER HAY & FORAGE 31 88 75 103 13 105 70 132
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
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 159 128
122 DAIRY COWS
123 EWES
124 SOWS
125 BEEF PURCH. FOR RESALE SALES 22 20
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
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2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE DAIRY SOW & LITTER (MARKET)
46 FARMS 7 FARMS
ITEM PER FARM PER FARM
1 BEEF 2,562 21,379
2 DAIRY AND MILK 395,852
3 SHEEP 237
4 SWINE -3 1,353,545
5 POULTRY AND EGGS -3
6 OTHER LIVESTOCK -46 -1,300
7 CUSTOM FEEDING 43
8 FEED PURCHASED -121,400 -442,232
9 LIVESTOCK INCOME $ 277,243 $ 931,392
10 CORN 7,378 43,403
11 GRAIN SORGHUM 1,641 16,468
12 SOYBEANS 11,050 63,828
13 SUNFLOWERS
14 WHEAT 12,111 21,659
15 HAY AND FORAGE 207 59,198
16 OTHER CROP 253 30
17 GOVERNMENT PAYMENTS 14,246 57,048
18 CROP INSURANCE PROCEEDS 337 5,067
19 OTHER INCOME 6,573 4,163
20 VALUE OF FARM PRODUCTION $ 331,038 $ 1,202,255
21 HIRED LABOR 37,175 155,038
22 MACHINERY REPAIRS 22,977 91,841
23 IRRIGATION REPAIRS 157 1,955
24 BUILDING REPAIRS 3,058 18,316
25 INTEREST PAID 13,945 40,839
26 SEED-OTHER CROP EXPENSE 6,776 34,294
27 CROP INSURANCE 1,025 8,457
28 FERTILIZER-LIME 12,251 41,317
29 MACHINE HIRE 10,970 6,642
30 ORGANIZATION FEE, PUBLICATION 3,124 7,545
31 VET-MED-DRUGS 13,106 20,238
32 CROP STORAGE-MARKETING 698 3,385
33 LIVESTOCK MARKETING-BREEDING 10,494 26,278
34 DAIRY EXPENSE 28,000 1,250
35 GAS-FUEL-OIL 11,011 40,284
36 IRRIGATION ENERGY 51 4,932
37 REAL ESTATE TAXES 4,159 14,449
38 PERSONAL PROPERTY TAXES 432 4,473
39 GENERAL FARM INSURANCE 5,921 20,538
40 UTILITIES 12,215 52,206
41 CASH FARM RENT 9,366 12,549
42 HERBICIDE-INSECTICIDE 6,107 14,548
43 CONSERVATION 305 5,177
44 AUTO EXPENSE 527 1,781
45 TOTAL OPERATING EXPENSE $ 213,850 $ 628,332
46 DEPRECIATION-MACHINERY 16,201 55,023
47 DEPRECIATION-BUILDINGS 7,147 35,822
48 TOTAL FARM EXPENSE $ 237,197 $ 719,177
49 NET FARM INCOME $ 93,841 $ 483,078
50 UNPAID FAMILY LABOR 3,375 6,107
51 UNPAID OPERATOR LABOR 35,804 34,714
52 MANAGEMENT CHARGE 20,756 93,171
53 CURRENT ASSET CHARGE - 8% 17,078 61,562
54 NONCURRENT ASSET CHARGE - 8% 30,374 88,341
55 RETURN LABOR-MANAGEMENT 43,014 327,068
56 RETURN TO CAPITAL 47,851 389,924
57 ASSET TURNOVER RATIO .3935 .4599
58 OPERATING PROFIT MARGIN RATIO .1445 .3243
59 % RETURN ON ASSETS .0569 .1491
60 % RETURN ON EQUITY .0572 .1863
61 TOTAL EXPENSE RATIO .7165 .5982
62 ADJUSTED TOTAL EXPENSE RATIO .8976 .7096
63 ECONOMIC TOTAL EXPENSE RATIO 1.0409 .8343
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 273,211 300,084 793,706 1,005,230
65 NONCURRENT ASSETS 545,034 564,223 1,661,588 1,768,188
66 CURRENT LIABILITIES 79,258 67,090 156,205 103,687
67 NONCURRENT LIABILITIES 171,733 178,182 613,900 607,355
68 CURRENT RATIO 3.45 4.47 5.08 9.69
69 DEBT TO ASSET RATIO .31 .28 .31 .26
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2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE DAIRY SOW & LITTER (MARKET)
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 186,350 78,653
71 MACHINERY AND EQUIPMENT 73,468 185,829
72 MOTOR VEHICLES & LISTED PROPE 73,861 341,741
73 BUILDINGS 55,469 449,125
74 OWNED LAND 307,482 675,050
75 TOTAL ASSETS 841,276 2,614,356
76 NET WORTH 593,144 1,873,782
LABOR
77 NUMBER OF OPERATORS 1.32 1.28
78 NUMBER OF WORKERS 3.06 6.54
79 TOTAL WORK DAYS 658 1,389
80 VALUE FARM PRODUCTION/WORKER 108,075 183,751
81 NET FARM INCOME/WORKER 30,636 73,833
PER OPERATOR BASIS
82 TOTAL ASSETS 634,405 2,033,388
83 VALUE OF FARM PRODUCTION 249,635 935,087
84 NET FARM INCOME 70,765 375,727
OTHER FACTORS
85 % CROP ACRES IRRIGATED 1.97 24.31
86 % TILLABLE LAND 63.13 63.94
87 CROP MACH COST/TOT EXPENSE(%) 15.95 13.95
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 766 45 432 36 498 38 2271 7 1273 7 1164 6
89 NON-IRRIGATED CROP ACRES 496 43 285 34 333 35 1282 6 622 6 792 5
90 IRRIGATED CROP ACRES
91 TOTAL CROP ACRES 506 43 290 34 340 35 1694 6 983 6 852 5
92 PASTURE ACRES 269 43 167 29 232 29
93 FARMSTEAD ACRES 44 26 39 22 59 5 787 5 373 5
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 473 481 1452 1522
95 CROP MACHINERY INVESTMENT 77,197 163.10 160.40 331,124 228.09 217.58
96 CROP MACHINERY COST 37,824 79.91 78.59 100,295 69.09 65.90
97 GROSS CROP VALUE 113,621 224.39 220.69 360,612 248.40 236.96
98 CROP PRODUCTION COSTS 83,000 171.54 168.71 348,631 205.84 196.36
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 28 93 50 132.1 82 137.4
100 GRAIN SORGHUM 17 95 65 85.0 86 89.0 5 236 144 93.3 121 92.1
101 SOYBEANS 23 111 111 47.2 81 36.9 4 517 255 27.0 263 31.6
102 SUNFLOWERS
103 WHEAT 25 207 126 46.7 153 46.1 5 271 212 38.4
104 OTHER CROPS 4 14
105 ALFALFA 31 89 61 4.1 91 4.1
106 OTHER HAY & FORAGE 41 169 103 122
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
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 1 29
122 DAIRY COWS 106
123 EWES 2
124 SOWS 370
125 BEEF PURCH. FOR RESALE SALES
126 SWINE PURCH. FOR RESALE SALES 570
127 TURKEYS
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2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE TURKEY BACKGROUNDING
11 FARMS 17 FARMS
ITEM PER FARM PER FARM
1 BEEF 10,898 446,202
2 DAIRY AND MILK
3 SHEEP -10 61
4 SWINE
5 POULTRY AND EGGS 156,266
6 OTHER LIVESTOCK -2 -15,815
7 CUSTOM FEEDING 204,935
8 FEED PURCHASED -2,369 -257,087
9 LIVESTOCK INCOME $ 164,782 $ 378,295
10 CORN 874 3,605
11 GRAIN SORGHUM 941 6,073
12 SOYBEANS 3,371 10,196
13 SUNFLOWERS
14 WHEAT 3,773 3,781
15 HAY AND FORAGE 2,672 15,582
16 OTHER CROP 203 642
17 GOVERNMENT PAYMENTS 1,294 6,394
18 CROP INSURANCE PROCEEDS 311 1,123
19 OTHER INCOME 13,114 27,192
20 VALUE OF FARM PRODUCTION $ 191,337 $ 452,883
21 HIRED LABOR 15,905 21,207
22 MACHINERY REPAIRS 12,522 24,820
23 IRRIGATION REPAIRS 1,252
24 BUILDING REPAIRS 1,093 1,148
25 INTEREST PAID 21,391 35,149
26 SEED-OTHER CROP EXPENSE 212 4,782
27 CROP INSURANCE 83 737
28 FERTILIZER-LIME 606 12,032
29 MACHINE HIRE 2,195 11,113
30 ORGANIZATION FEE, PUBLICATION 1,594 3,298
31 VET-MED-DRUGS 666 52,791
32 CROP STORAGE-MARKETING 20 1,587
33 LIVESTOCK MARKETING-BREEDING 1,740 11,850
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 5,698 12,934
36 IRRIGATION ENERGY 1,137
37 REAL ESTATE TAXES 5,066 3,272
38 PERSONAL PROPERTY TAXES 755 612
39 GENERAL FARM INSURANCE 6,903 3,266
40 UTILITIES 32,910 3,984
41 CASH FARM RENT 614 72,212
42 HERBICIDE-INSECTICIDE 513 4,951
43 CONSERVATION 19 306
44 AUTO EXPENSE 1,205 1,194
45 TOTAL OPERATING EXPENSE $ 111,712 $ 285,636
46 DEPRECIATION-MACHINERY 14,327 19,128
47 DEPRECIATION-BUILDINGS 16,708 2,543
48 TOTAL FARM EXPENSE $ 142,747 $ 307,307
49 NET FARM INCOME $ 48,590 $ 145,575
50 UNPAID FAMILY LABOR 3,477 4,103
51 UNPAID OPERATOR LABOR 27,000 29,224
52 MANAGEMENT CHARGE 10,621 30,467
53 CURRENT ASSET CHARGE - 8% 2,109 11,875
54 NONCURRENT ASSET CHARGE - 8% 4,388 19,500
55 RETURN LABOR-MANAGEMENT 38,615 110,098
56 RETURN TO CAPITAL 28,882 116,931
57 ASSET TURNOVER RATIO .4529 .4151
58 OPERATING PROFIT MARGIN RATIO .1509 .2582
59 % RETURN ON ASSETS .0684 .1072
60 % RETURN ON EQUITY .0922 .2085
61 TOTAL EXPENSE RATIO .7461 .6786
62 ADJUSTED TOTAL EXPENSE RATIO .9608 .8194
63 ECONOMIC TOTAL EXPENSE RATIO .9948 .8887
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 36,499 36,996 557,069 728,792
65 NONCURRENT ASSETS 393,619 377,775 433,295 462,962
66 CURRENT LIABILITIES 9,768 11,000 431,966 557,017
67 NONCURRENT LIABILITIES 343,215 318,468 203,577 205,192
68 CURRENT RATIO 3.74 3.36 1.29 1.31
69 DEBT TO ASSET RATIO .82 .79 .64 .64
|
2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE TURKEY BACKGROUNDING
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 13,809 26,013
71 MACHINERY AND EQUIPMENT 52,759 56,780
72 MOTOR VEHICLES & LISTED PROPE 45,183 83,441
73 BUILDINGS 150,234 25,978
74 OWNED LAND 121,063 280,189
75 TOTAL ASSETS 422,445 1,091,059
76 NET WORTH 81,219 392,184
LABOR
77 NUMBER OF OPERATORS 1.00 1.08
78 NUMBER OF WORKERS 1.84 1.93
79 TOTAL WORK DAYS 317 818
80 VALUE FARM PRODUCTION/WORKER 103,680 234,012
81 NET FARM INCOME/WORKER 26,329 75,221
PER OPERATOR BASIS
82 TOTAL ASSETS 422,445 1,008,044
83 VALUE OF FARM PRODUCTION 191,337 418,424
84 NET FARM INCOME 48,590 134,499
OTHER FACTORS
85 % CROP ACRES IRRIGATED 17.42
86 % TILLABLE LAND 40.71 8.34
87 CROP MACH COST/TOT EXPENSE(%) 4.24 4.84
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 154 11 117 11 3338 17 1041 12 3405 13
89 NON-IRRIGATED CROP ACRES 86 8 65 8 559 7 281 5 418 6
90 IRRIGATED CROP ACRES
91 TOTAL CROP ACRES 86 8 65 8 677 7 357 5 492 6
92 PASTURE ACRES 101 10 77 10 3233 16 953 11 3437 12
93 FARMSTEAD ACRES 41 7 32 7
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 63 63 279 305
95 CROP MACHINERY INVESTMENT 10,954 174.62 174.88 38,519 138.26 126.47
96 CROP MACHINERY COST 6,045 96.38 96.52 14,872 53.38 48.83
97 GROSS CROP VALUE 16,305 189.05 189.32 111,465 235.36 215.28
98 CROP PRODUCTION COSTS 11,950 173.18 173.44 65,010 150.99 138.12
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN
100 GRAIN SORGHUM
101 SOYBEANS 4 45
102 SUNFLOWERS
103 WHEAT
104 OTHER CROPS
105 ALFALFA
106 OTHER HAY & FORAGE 4 32 32 7 243 98 242
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
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 26 25
122 DAIRY COWS
123 EWES
124 SOWS
125 BEEF PURCH. FOR RESALE SALES 1,021
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS 93,991
|
2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE BACKGROUNDING-FINISHING CROP - COW HERD
5 FARMS 175 FARMS
ITEM PER FARM PER FARM
1 BEEF 1,529,251 130,475
2 DAIRY AND MILK -4
3 SHEEP 1
4 SWINE 309
5 POULTRY AND EGGS 4
6 OTHER LIVESTOCK 2,879 -1,831
7 CUSTOM FEEDING 3,156 372
8 FEED PURCHASED -996,536 -36,661
9 LIVESTOCK INCOME $ 538,750 $ 92,666
10 CORN 4,284 13,689
11 GRAIN SORGHUM -492 4,741
12 SOYBEANS 10,527 13,980
13 SUNFLOWERS 79
14 WHEAT 6,990 18,609
15 HAY AND FORAGE 12,522 8,381
16 OTHER CROP 202 439
17 GOVERNMENT PAYMENTS 10,650 12,287
18 CROP INSURANCE PROCEEDS -189 5,593
19 OTHER INCOME 12,511 6,802
20 VALUE OF FARM PRODUCTION $ 595,754 $ 177,266
21 HIRED LABOR 23,822 6,368
22 MACHINERY REPAIRS 13,453 14,447
23 IRRIGATION REPAIRS 152 245
24 BUILDING REPAIRS 6,349 1,482
25 INTEREST PAID 45,426 12,002
26 SEED-OTHER CROP EXPENSE 11,043 6,948
27 CROP INSURANCE 1,008 2,174
28 FERTILIZER-LIME 13,353 13,909
29 MACHINE HIRE 39,838 6,019
30 ORGANIZATION FEE, PUBLICATION 2,451 1,869
31 VET-MED-DRUGS 28,232 3,178
32 CROP STORAGE-MARKETING 126 714
33 LIVESTOCK MARKETING-BREEDING 24,142 2,610
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 9,541 9,739
36 IRRIGATION ENERGY 1,280 325
37 REAL ESTATE TAXES 3,721 4,272
38 PERSONAL PROPERTY TAXES 2,211 533
39 GENERAL FARM INSURANCE 6,532 3,599
40 UTILITIES 4,372 3,061
41 CASH FARM RENT 17,211 17,718
42 HERBICIDE-INSECTICIDE 2,117 5,580
43 CONSERVATION 167
44 AUTO EXPENSE 182 853
45 TOTAL OPERATING EXPENSE $ 256,564 $ 117,813
46 DEPRECIATION-MACHINERY 30,584 12,886
47 DEPRECIATION-BUILDINGS 1,311 1,417
48 TOTAL FARM EXPENSE $ 288,459 $ 132,115
49 NET FARM INCOME $ 307,296 $ 45,151
50 UNPAID FAMILY LABOR 1,350 1,170
51 UNPAID OPERATOR LABOR 29,700 25,488
52 MANAGEMENT CHARGE 65,268 11,974
53 CURRENT ASSET CHARGE - 8% 83,994 15,819
54 NONCURRENT ASSET CHARGE - 8% 49,802 30,224
55 RETURN LABOR-MANAGEMENT 172,149 -2,062
56 RETURN TO CAPITAL 256,404 18,521
57 ASSET TURNOVER RATIO .1736 .2215
58 OPERATING PROFIT MARGIN RATIO .4304 .1045
59 % RETURN ON ASSETS .0747 .0231
60 % RETURN ON EQUITY .1261 .0113
61 TOTAL EXPENSE RATIO .4842 .7453
62 ADJUSTED TOTAL EXPENSE RATIO .6459 .9632
63 ECONOMIC TOTAL EXPENSE RATIO .8704 1.2230
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 2,480,711 2,865,580 270,688 291,505
65 NONCURRENT ASSETS 753,862 762,804 508,349 529,932
66 CURRENT LIABILITIES 1,527,537 1,718,892 82,704 84,011
67 NONCURRENT LIABILITIES 136,459 135,159 141,081 141,607
68 CURRENT RATIO 1.62 1.67 3.27 3.47
69 DEBT TO ASSET RATIO .51 .51 .29 .27
|
2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE BACKGROUNDING-FINISHING CROP - COW HERD
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 103,603
71 MACHINERY AND EQUIPMENT 52,453 40,801
72 MOTOR VEHICLES & LISTED PROPE 146,422 70,134
73 BUILDINGS 11,622 13,801
74 OWNED LAND 463,579 387,041
75 TOTAL ASSETS 3,431,479 800,237
76 NET WORTH 1,672,455 575,536
LABOR
77 NUMBER OF OPERATORS 1.10 .94
78 NUMBER OF WORKERS 2.20 1.18
79 TOTAL WORK DAYS 630 246
80 VALUE FARM PRODUCTION/WORKER 270,797 149,142
81 NET FARM INCOME/WORKER 139,680 37,987
PER OPERATOR BASIS
82 TOTAL ASSETS 3,119,526 847,709
83 VALUE OF FARM PRODUCTION 541,595 187,782
84 NET FARM INCOME 279,360 47,829
OTHER FACTORS
85 % CROP ACRES IRRIGATED 8.82 2.19
86 % TILLABLE LAND 12.57 31.64
87 CROP MACH COST/TOT EXPENSE(%) 8.55 26.93
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 2031 175 868 159 1377 158
89 NON-IRRIGATED CROP ACRES 629 175 339 151 414 142
90 IRRIGATED CROP ACRES 145 17 99 11 124 11
91 TOTAL CROP ACRES 643 175 344 152 424 142
92 PASTURE ACRES 1381 173 559 147 1073 146
93 FARMSTEAD ACRES 49 84 45 77 34 20
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 352 320 643 558
95 CROP MACHINERY INVESTMENT 81,747 127.17 146.44
96 CROP MACHINERY COST 35,581 55.35 63.74
97 GROSS CROP VALUE 225.62 247.90 91,483 142.32 163.88
98 CROP PRODUCTION COSTS 55,243 157.12 172.63 77,886 119.09 137.13
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 80 110 74 121.3 88 128.8
100 GRAIN SORGHUM 95 111 59 77.9 99 75.8
101 SOYBEANS 100 147 81 36.8 115 34.9
102 SUNFLOWERS
103 WHEAT 139 257 146 36.7 195 37.1
104 OTHER CROPS 15 65 63 56
105 ALFALFA 74 67 47 4.0 64 3.5
106 OTHER HAY & FORAGE 138 139 90 106
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 52 32 160.3 83 184.5
111 GRAIN SORGHUM
112 SOYBEANS 5 62
113 SUNFLOWERS
114 WHEAT
115 OTHER CROPS
116 ALFALFA 6 63 56 4.4
117 OTHER HAY & FORAGE 9 131 48 127
118 VEGETABLES
119 TRUCK CROPS
120 FRUIT - FLOWERS - TREES
AVERAGE LIVESTOCK INVENTORIES AND SALES
121 BEEF COWS 117
122 DAIRY COWS
123 EWES
124 SOWS
125 BEEF PURCH. FOR RESALE SALES 3,840 80
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
|
2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE CROP - DAIRY CROP - SOW & LITTER (MARKET)
12 FARMS 7 FARMS
ITEM PER FARM PER FARM
1 BEEF 12,067 56,096
2 DAIRY AND MILK 338,374
3 SHEEP 23,924
4 SWINE 413,008
5 POULTRY AND EGGS
6 OTHER LIVESTOCK -99
7 CUSTOM FEEDING 3,122
8 FEED PURCHASED -69,549 -189,950
9 LIVESTOCK INCOME $ 280,891 $ 306,102
10 CORN 53,139 50,426
11 GRAIN SORGHUM 10,779 7,478
12 SOYBEANS 51,435 70,400
13 SUNFLOWERS 80
14 WHEAT 46,592 16,938
15 HAY AND FORAGE 16,384 3,233
16 OTHER CROP 22,973 -130
17 GOVERNMENT PAYMENTS 39,196 28,417
18 CROP INSURANCE PROCEEDS 1,841 789
19 OTHER INCOME 25,943 34,908
20 VALUE OF FARM PRODUCTION $ 549,254 $ 518,561
21 HIRED LABOR 37,933 27,756
22 MACHINERY REPAIRS 46,724 36,769
23 IRRIGATION REPAIRS 1,855 15
24 BUILDING REPAIRS 2,304 3,699
25 INTEREST PAID 27,752 11,023
26 SEED-OTHER CROP EXPENSE 28,917 22,817
27 CROP INSURANCE 4,402 5,770
28 FERTILIZER-LIME 38,696 27,177
29 MACHINE HIRE 15,063 8,453
30 ORGANIZATION FEE, PUBLICATION 3,995 4,171
31 VET-MED-DRUGS 11,335 6,790
32 CROP STORAGE-MARKETING 1,751 2,374
33 LIVESTOCK MARKETING-BREEDING 6,858 7,826
34 DAIRY EXPENSE 23,659
35 GAS-FUEL-OIL 22,724 16,063
36 IRRIGATION ENERGY 2,364
37 REAL ESTATE TAXES 6,372 7,073
38 PERSONAL PROPERTY TAXES 1,742 675
39 GENERAL FARM INSURANCE 6,694 7,838
40 UTILITIES 13,185 13,819
41 CASH FARM RENT 26,905 28,849
42 HERBICIDE-INSECTICIDE 17,948 17,910
43 CONSERVATION 5,695 21
44 AUTO EXPENSE 1,360 1,714
45 TOTAL OPERATING EXPENSE $ 356,233 $ 258,602
46 DEPRECIATION-MACHINERY 38,193 20,139
47 DEPRECIATION-BUILDINGS 7,432 14,768
48 TOTAL FARM EXPENSE $ 401,859 $ 293,509
49 NET FARM INCOME $ 147,395 $ 225,052
50 UNPAID FAMILY LABOR 3,000 3,214
51 UNPAID OPERATOR LABOR 49,500 50,143
52 MANAGEMENT CHARGE 31,972 43,294
53 CURRENT ASSET CHARGE - 8% 24,623 27,926
54 NONCURRENT ASSET CHARGE - 8% 55,599 53,470
55 RETURN LABOR-MANAGEMENT 64,173 140,443
56 RETURN TO CAPITAL 90,675 139,425
57 ASSET TURNOVER RATIO .3875 .4287
58 OPERATING PROFIT MARGIN RATIO .1651 .2689
59 % RETURN ON ASSETS .0640 .1153
60 % RETURN ON EQUITY .0627 .1262
61 TOTAL EXPENSE RATIO .7316 .5660
62 ADJUSTED TOTAL EXPENSE RATIO .8854 .7524
63 ECONOMIC TOTAL EXPENSE RATIO 1.0315 .9094
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 352,051 388,174 338,149 517,253
65 NONCURRENT ASSETS 1,027,845 1,066,436 778,459 785,177
66 CURRENT LIABILITIES 51,157 73,483 61,678 95,586
67 NONCURRENT LIABILITIES 370,167 334,152 93,670 133,227
68 CURRENT RATIO 6.88 5.28 5.48 5.41
69 DEBT TO ASSET RATIO .31 .28 .14 .18
|
2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE CROP - DAIRY CROP - SOW & LITTER (MARKET)
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 189,529 53,665
71 MACHINERY AND EQUIPMENT 149,800 66,840
72 MOTOR VEHICLES & LISTED PROPE 172,120 124,520
73 BUILDINGS 60,153 136,424
74 OWNED LAND 625,051 425,028
75 TOTAL ASSETS 1,417,253 1,209,519
76 NET WORTH 1,002,774 1,017,439
LABOR
77 NUMBER OF OPERATORS 1.83 1.85
78 NUMBER OF WORKERS 3.25 3.44
79 TOTAL WORK DAYS 824 618
80 VALUE FARM PRODUCTION/WORKER 168,569 150,619
81 NET FARM INCOME/WORKER 45,236 65,368
PER OPERATOR BASIS
82 TOTAL ASSETS 773,047 651,279
83 VALUE OF FARM PRODUCTION 299,593 279,225
84 NET FARM INCOME 80,397 121,182
OTHER FACTORS
85 % CROP ACRES IRRIGATED 10.00
86 % TILLABLE LAND 82.55 54.50
87 CROP MACH COST/TOT EXPENSE(%) 27.42 19.40
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 1820 12 925 9 1126 12 2081 7 2038 5
89 NON-IRRIGATED CROP ACRES 1352 12 699 9 827 12 1134 7 1070 5
90 IRRIGATED CROP ACRES
91 TOTAL CROP ACRES 1502 12 714 9 966 12 1134 7 1070 5
92 PASTURE ACRES 261 11 179 7 202 8 689 5
93 FARMSTEAD ACRES 134 7 107 6
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 1502 1551 1134 1158
95 CROP MACHINERY INVESTMENT 263,749 175.61 170.03 133,622 117.83 115.35
96 CROP MACHINERY COST 110,203 73.38 71.04 56,954 50.22 49.16
97 GROSS CROP VALUE 354,241 235.86 228.36 277,033 244.30 239.14
98 CROP PRODUCTION COSTS 245,054 163.16 157.98 167,648 147.84 144.72
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 9 273 263 138.9 127 143.2 7 369 370 125.1 220 132.2
100 GRAIN SORGHUM 9 167 156 82.0 6 245 322 83.2
101 SOYBEANS 8 459 203 36.5 7 389 204 38.6 382 41.8
102 SUNFLOWERS
103 WHEAT 10 491 246 45.4 354 42.4 4 228
104 OTHER CROPS 5 147 180
105 ALFALFA 10 130 86 4.6 109 4.4
106 OTHER HAY & FORAGE 10 199 88 163 4 92
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
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 17 22
122 DAIRY COWS 89
123 EWES
124 SOWS 209
125 BEEF PURCH. FOR RESALE SALES 150
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
|
2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE CROP - LIVESTOCK CROP - BACKGROUNDING
46 FARMS 35 FARMS
ITEM PER FARM PER FARM
1 BEEF 181,859 251,320
2 DAIRY AND MILK 33,601 15,805
3 SHEEP 1,631
4 SWINE 93,972 3,068
5 POULTRY AND EGGS 12,804
6 OTHER LIVESTOCK -1,107 -3,493
7 CUSTOM FEEDING 25,278 34,588
8 FEED PURCHASED -77,759 -100,099
9 LIVESTOCK INCOME $ 270,280 $ 201,189
10 CORN 18,743 11,226
11 GRAIN SORGHUM 1,234 5,890
12 SOYBEANS 33,136 15,306
13 SUNFLOWERS 63
14 WHEAT 16,875 24,794
15 HAY AND FORAGE 2,885 13,009
16 OTHER CROP 4,940 718
17 GOVERNMENT PAYMENTS 16,297 18,421
18 CROP INSURANCE PROCEEDS 1,040 1,969
19 OTHER INCOME 13,416 11,801
20 VALUE OF FARM PRODUCTION $ 378,908 $ 304,323
21 HIRED LABOR 15,376 13,042
22 MACHINERY REPAIRS 20,971 21,265
23 IRRIGATION REPAIRS 620 100
24 BUILDING REPAIRS 2,243 3,386
25 INTEREST PAID 18,911 24,393
26 SEED-OTHER CROP EXPENSE 14,217 9,333
27 CROP INSURANCE 2,645 2,240
28 FERTILIZER-LIME 19,222 19,669
29 MACHINE HIRE 8,276 14,922
30 ORGANIZATION FEE, PUBLICATION 2,830 2,666
31 VET-MED-DRUGS 8,690 14,513
32 CROP STORAGE-MARKETING 1,176 324
33 LIVESTOCK MARKETING-BREEDING 11,411 6,731
34 DAIRY EXPENSE 2,897 183
35 GAS-FUEL-OIL 13,325 11,973
36 IRRIGATION ENERGY 324 506
37 REAL ESTATE TAXES 5,071 5,678
38 PERSONAL PROPERTY TAXES 610 567
39 GENERAL FARM INSURANCE 4,938 5,282
40 UTILITIES 8,430 5,158
41 CASH FARM RENT 34,825 23,783
42 HERBICIDE-INSECTICIDE 10,141 10,776
43 CONSERVATION 196 480
44 AUTO EXPENSE 561 665
45 TOTAL OPERATING EXPENSE $ 207,905 $ 197,633
46 DEPRECIATION-MACHINERY 19,010 19,592
47 DEPRECIATION-BUILDINGS 4,589 3,101
48 TOTAL FARM EXPENSE $ 231,504 $ 220,326
49 NET FARM INCOME $ 147,404 $ 83,997
50 UNPAID FAMILY LABOR 2,690 2,636
51 UNPAID OPERATOR LABOR 33,574 27,077
52 MANAGEMENT CHARGE 29,511 19,435
53 CURRENT ASSET CHARGE - 8% 19,737 16,635
54 NONCURRENT ASSET CHARGE - 8% 34,404 40,522
55 RETURN LABOR-MANAGEMENT 90,573 24,204
56 RETURN TO CAPITAL 100,541 59,242
57 ASSET TURNOVER RATIO .3746 .2598
58 OPERATING PROFIT MARGIN RATIO .2653 .1947
59 % RETURN ON ASSETS .0994 .0506
60 % RETURN ON EQUITY .1206 .0488
61 TOTAL EXPENSE RATIO .6110 .7240
62 ADJUSTED TOTAL EXPENSE RATIO .7846 .8855
63 ECONOMIC TOTAL EXPENSE RATIO .9275 1.0733
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 334,907 409,513 458,046 521,365
65 NONCURRENT ASSETS 622,025 656,748 662,142 701,340
66 CURRENT LIABILITIES 110,479 140,515 269,681 293,854
67 NONCURRENT LIABILITIES 215,390 203,279 166,917 183,503
68 CURRENT RATIO 3.03 2.91 1.70 1.77
69 DEBT TO ASSET RATIO .34 .32 .39 .39
|
2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE CROP - LIVESTOCK CROP - BACKGROUNDING
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 86,353 31,359
71 MACHINERY AND EQUIPMENT 57,934 55,680
72 MOTOR VEHICLES & LISTED PROPE 100,342 103,207
73 BUILDINGS 43,882 30,368
74 OWNED LAND 411,292 468,006
75 TOTAL ASSETS 1,011,596 1,171,446
76 NET WORTH 676,764 714,468
LABOR
77 NUMBER OF OPERATORS 1.24 1.00
78 NUMBER OF WORKERS 1.91 1.52
79 TOTAL WORK DAYS 457 322
80 VALUE FARM PRODUCTION/WORKER 197,841 199,090
81 NET FARM INCOME/WORKER 76,965 54,951
PER OPERATOR BASIS
82 TOTAL ASSETS 813,522 1,168,109
83 VALUE OF FARM PRODUCTION 304,716 303,456
84 NET FARM INCOME 118,542 83,758
OTHER FACTORS
85 % CROP ACRES IRRIGATED .68 2.17
86 % TILLABLE LAND 34.75 33.62
87 CROP MACH COST/TOT EXPENSE(%) 18.42 23.00
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 2118 43 762 38 1898 38 2436 35 994 33 1590 33
89 NON-IRRIGATED CROP ACRES 806 39 324 32 703 30 801 35 414 30 521 30
90 IRRIGATED CROP ACRES
91 TOTAL CROP ACRES 812 39 324 32 710 30 819 35 418 30 537 30
92 PASTURE ACRES 1700 40 767 36 1526 33 1766 31 708 26 1253 29
93 FARMSTEAD ACRES 66 22 48 20 81 6 109 17 108 17
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 688 739 819 732
95 CROP MACHINERY INVESTMENT 96,144 139.73 130.09 108,493 132.46 148.12
96 CROP MACHINERY COST 42,650 61.99 57.71 50,676 61.87 69.18
97 GROSS CROP VALUE 173,641 224.93 209.40 135,281 165.16 184.69
98 CROP PRODUCTION COSTS 105,863 147.17 137.01 110,534 134.95 150.90
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 19 331 195 149.4 241 142.4 17 159 93 132.2 99 136.9
100 GRAIN SORGHUM 16 205 65 99.9 197 93.3 17 211 216 71.8 118 82.1
101 SOYBEANS 27 354 167 38.2 285 40.0 20 161 84 35.4 128 40.7
102 SUNFLOWERS
103 WHEAT 24 306 122 46.0 251 44.3 26 335 164 42.8 254 42.5
104 OTHER CROPS 5 100 36
105 ALFALFA 13 67 33 4.0 75 3.6 16 77 57 4.5 78 3.6
106 OTHER HAY & FORAGE 29 199 117 168 29 189 125 129
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
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 96 5
122 DAIRY COWS 10
123 EWES 12
124 SOWS 38
125 BEEF PURCH. FOR RESALE SALES 239 775
126 SWINE PURCH. FOR RESALE SALES 155 31
127 TURKEYS 6,757
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2004 DATA - KANSAS
INCOME AND EXPENSE ANALYSIS
SORTED BY FARM TYPE CROP-BACKGROUNDING-FINISHING CROP - BEEF
9 FARMS 47 FARMS
ITEM PER FARM PER FARM
1 BEEF 599,812 190,864
2 DAIRY AND MILK 710
3 SHEEP 320
4 SWINE
5 POULTRY AND EGGS
6 OTHER LIVESTOCK -818 -5,236
7 CUSTOM FEEDING 6,533
8 FEED PURCHASED -204,784 -48,179
9 LIVESTOCK INCOME $ 394,209 $ 145,012
10 CORN 64,100 29,375
11 GRAIN SORGHUM 2,336 5,071
12 SOYBEANS 44,110 34,091
13 SUNFLOWERS 141
14 WHEAT 26,334 29,447
15 HAY AND FORAGE 9,206 7,117
16 OTHER CROP -200 627
17 GOVERNMENT PAYMENTS 42,595 21,702
18 CROP INSURANCE PROCEEDS 6,749 19,966
19 OTHER INCOME 27,520 13,235
20 VALUE OF FARM PRODUCTION $ 616,959 $ 305,784
21 HIRED LABOR 21,835 11,250
22 MACHINERY REPAIRS 37,629 24,997
23 IRRIGATION REPAIRS 634
24 BUILDING REPAIRS 1,278 2,729
25 INTEREST PAID 39,491 19,247
26 SEED-OTHER CROP EXPENSE 27,483 16,769
27 CROP INSURANCE 3,862 5,184
28 FERTILIZER-LIME 34,952 24,877
29 MACHINE HIRE 17,415 8,356
30 ORGANIZATION FEE, PUBLICATION 3,364 2,547
31 VET-MED-DRUGS 15,515 5,855
32 CROP STORAGE-MARKETING 59 1,522
33 LIVESTOCK MARKETING-BREEDING 5,950 5,201
34 DAIRY EXPENSE
35 GAS-FUEL-OIL 16,107 14,613
36 IRRIGATION ENERGY 4,802 905
37 REAL ESTATE TAXES 7,266 5,759
38 PERSONAL PROPERTY TAXES 1,745 608
39 GENERAL FARM INSURANCE 7,786 4,623
40 UTILITIES 14,746 3,411
41 CASH FARM RENT 36,977 28,175
42 HERBICIDE-INSECTICIDE 22,424 14,256
43 CONSERVATION 315 468
44 AUTO EXPENSE 271 811
45 TOTAL OPERATING EXPENSE $ 321,274 $ 202,796
46 DEPRECIATION-MACHINERY 39,248 20,685
47 DEPRECIATION-BUILDINGS 3,217 2,187
48 TOTAL FARM EXPENSE $ 363,739 $ 225,668
49 NET FARM INCOME $ 253,220 $ 80,116
50 UNPAID FAMILY LABOR 1,750 1,771
51 UNPAID OPERATOR LABOR 30,300 27,747
52 MANAGEMENT CHARGE 50,903 18,740
53 CURRENT ASSET CHARGE - 8% 33,027 18,305
54 NONCURRENT ASSET CHARGE - 8% 72,981 32,656
55 RETURN LABOR-MANAGEMENT 145,461 27,383
56 RETURN TO CAPITAL 209,758 51,105
57 ASSET TURNOVER RATIO .2772 .2905
58 OPERATING PROFIT MARGIN RATIO .3400 .1671
59 % RETURN ON ASSETS .0942 .0485
60 % RETURN ON EQUITY .1285 .0500
61 TOTAL EXPENSE RATIO .5896 .7380
62 ADJUSTED TOTAL EXPENSE RATIO .7240 .8958
63 ECONOMIC TOTAL EXPENSE RATIO .8958 1.0625
ASSETS/LOANS/FINANCIAL RATIOS JANUARY 1 DECEMBER 31 JANUARY 1 DECEMBER 31
64 CURRENT ASSETS 971,145 1,213,877 400,877 442,089
65 NONCURRENT ASSETS 1,085,627 1,180,961 616,066 646,260
66 CURRENT LIABILITIES 637,786 721,560 195,361 189,979
67 NONCURRENT LIABILITIES 217,448 224,604 217,019 228,903
68 CURRENT RATIO 1.52 1.68 2.05 2.33
69 DEBT TO ASSET RATIO .42 .40 .41 .38
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2004 DATA - KANSAS
ANALYSIS OF THE FARM BUSINESS
SORTED BY FARM TYPE CROP-BACKGROUNDING-FINISHING CROP - BEEF
AVERAGE ASSET & NET WORTH VALUES
70 BREEDING LIVESTOCK 37,788 91,105
71 MACHINERY AND EQUIPMENT 124,047 66,960
72 MOTOR VEHICLES & LISTED PROPE 204,182 103,843
73 BUILDINGS 29,238 21,162
74 OWNED LAND 768,640 430,323
75 TOTAL ASSETS 2,225,805 1,052,646
76 NET WORTH 1,325,106 637,014
LABOR
77 NUMBER OF OPERATORS 1.12 1.02
78 NUMBER OF WORKERS 1.87 1.49
79 TOTAL WORK DAYS 611 384
80 VALUE FARM PRODUCTION/WORKER 328,558 204,727
81 NET FARM INCOME/WORKER 134,851 53,639
PER OPERATOR BASIS
82 TOTAL ASSETS 1,983,391 1,024,314
83 VALUE OF FARM PRODUCTION 549,766 297,554
84 NET FARM INCOME 225,641 77,960
OTHER FACTORS
85 % CROP ACRES IRRIGATED 6.94 3.66
86 % TILLABLE LAND 45.04 44.10
87 CROP MACH COST/TOT EXPENSE(%) 24.08 26.63
ACRES TOTAL CNT OWNED CNT RENTED CNT TOTAL CNT OWNED CNT RENTED CNT
88 TOTAL ACRES 2976 9 1297 8 2052 8 2533 47 942 45 1742 44
89 NON-IRRIGATED CROP ACRES 1247 9 496 8 907 8 1076 47 436 45 755 41
90 IRRIGATED CROP ACRES 274 7 174 7
91 TOTAL CROP ACRES 1340 9 499 8 1009 8 1117 47 463 45 772 41
92 PASTURE ACRES 1986 7 1111 5 1391 6 1452 45 468 44 1178 38
93 FARMSTEAD ACRES 164 5 164 5 54 22 46 21 31 7
CROP VALUE, COSTS, ACRES TOTAL PER CROP ACRE PER HARV.ACRE TOTAL PER CROP ACRE PER HARV.ACRE
94 ACRES 1340 1291 1117 1070
95 CROP MACHINERY INVESTMENT 247,888 184.93 191.95 136,853 122.51 127.93
96 CROP MACHINERY COST 87,584 65.34 67.82 60,103 53.80 56.18
97 GROSS CROP VALUE 314,281 234.46 243.36 188,420 168.67 176.13
98 CROP PRODUCTION COSTS 214,737 160.20 166.28 142,822 127.85 133.51
NON-IRRIGATED ACRES AVE. OWNED RENTED AVE. OWNED RENTED
CNT ACRES ACRES YIELD ACRES YIELD CNT ACRES ACRES YIELD ACRES YIELD
99 CORN 8 416 239 152.4 270 131.9 26 318 124 116.1 258 115.4
100 GRAIN SORGHUM 5 249 183 93.1 26 188 126 72.1 113 72.4
101 SOYBEANS 7 377 108 43.6 377 38.3 31 304 119 33.6 235 31.6
102 SUNFLOWERS
103 WHEAT 6 378 312 35.4 43 417 146 37.5 346 34.4
104 OTHER CROPS 4 56 44
105 ALFALFA 4 62 22 81 53 3.8 56 3.4
106 OTHER HAY & FORAGE 7 151 139 91 36 158 99 127
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 4 188
111 GRAIN SORGHUM
112 SOYBEANS 4 82
113 SUNFLOWERS
114 WHEAT
115 OTHER CROPS
116 ALFALFA
117 OTHER HAY & FORAGE 5 57 55
118 VEGETABLES
119 TRUCK CROPS
120 FRUIT - FLOWERS - TREES
AVERAGE LIVESTOCK INVENTORIES AND SALES
121 BEEF COWS 33 76
122 DAIRY COWS
123 EWES
124 SOWS
125 BEEF PURCH. FOR RESALE SALES 1,369 219
126 SWINE PURCH. FOR RESALE SALES
127 TURKEYS
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