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       2005 DATA - KANSAS     
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY TOTAL CROP ACRES                            < 501 ACRES                          501 - 1,000 ACRES     
                                                        460 FARMS                                 400 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            70,766                                    74,856 
        2  DAIRY AND MILK                                  21,165                                    18,270 
        3  SHEEP                                              153                                       193 
        4  SWINE                                            4,099                                     8,250 
        5  POULTRY AND EGGS                                 4,402                                         9 
        6  OTHER LIVESTOCK                                    317                                       -32 
        7  CUSTOM FEEDING                                   7,013                                     2,017 
        8  FEED PURCHASED                                 -29,077                                   -25,728 
        9     LIVESTOCK INCOME                       $     78,838                              $     77,834 
      
       10  CORN                                             4,400                                    16,258 
       11  GRAIN SORGHUM                                    1,631                                     8,059 
       12  SOYBEANS                                         9,357                                    29,230 
       13  SUNFLOWERS                                          67                                       362 
       14  WHEAT                                            4,880                                    22,239 
       15  HAY AND FORAGE                                   3,175                                     9,963 
       16  OTHER CROP                                       1,459                                     1,675 
       17  GOVERNMENT PAYMENTS                              8,202                                    24,915 
       18  CROP INSURANCE PROCEEDS                            788                                     2,589 
       19  OTHER INCOME                                     7,158                                    10,834 
       20     VALUE OF FARM PRODUCTION               $    119,954                              $    203,959 
      
       21  HIRED LABOR                                      4,602                                     6,347 
       22  MACHINERY REPAIRS                                9,563                                    15,916 
       23  IRRIGATION REPAIRS                                 104                                       248 
       24  BUILDING REPAIRS                                 1,271                                     1,515 
       25  INTEREST PAID                                    9,224                                    12,135 
       26  SEED-OTHER CROP EXPENSE                          3,605                                    13,286 
       27  CROP INSURANCE                                     847                                     2,937 
       28  FERTILIZER-LIME                                  7,343                                    20,681 
       29  MACHINE HIRE                                     4,123                                     7,210 
       30  ORGANIZATION FEE, PUBLICATION                    1,770                                     2,270 
       31  VET-MED-DRUGS                                    3,970                                     3,813 
       32  CROP STORAGE-MARKETING                             250                                       918 
       33  LIVESTOCK MARKETING-BREEDING                     4,209                                     2,867 
       34  DAIRY EXPENSE                                    1,994                                     1,528 
       35  GAS-FUEL-OIL                                     6,382                                    12,592 
       36  IRRIGATION ENERGY                                  140                                       632 
       37  REAL ESTATE TAXES                                3,039                                     4,116 
       38  PERSONAL PROPERTY TAXES                            422                                       670 
       39  GENERAL FARM INSURANCE                           2,660                                     3,763 
       40  UTILITIES                                        3,986                                     3,532 
       41  CASH FARM RENT                                  10,776                                    14,634 
       42  HERBICIDE-INSECTICIDE                            3,078                                     9,168 
       43  CONSERVATION                                       302                                       376 
       44  AUTO EXPENSE                                       738                                       932 
       45     TOTAL OPERATING EXPENSE                $     84,397                              $    142,085 
      
       46  DEPRECIATION-MACHINERY                           8,738                                    15,083 
       47  DEPRECIATION-BUILDINGS                           1,806                                     1,741 
       48     TOTAL FARM EXPENSE                     $     94,941                              $    158,909 
      
       49     NET FARM INCOME                        $     25,013                              $     45,050 
      
       50  UNPAID FAMILY LABOR                              1,052                                     1,249 
       51  UNPAID OPERATOR LABOR                           20,673                                    26,379 
       52  MANAGEMENT CHARGE                                7,078                                    11,486 
       53  CURRENT ASSET CHARGE - 8%                        9,293                                    12,747 
       54  NONCURRENT ASSET CHARGE - 8%                    29,604                                    37,617 
       55  RETURN LABOR-MANAGEMENT                        -14,936                                    -6,563 
       56  RETURN TO CAPITAL                                5,435                                    18,072 
       57  ASSET TURNOVER RATIO                             .1839                                     .2420 
       58  OPERATING PROFIT MARGIN RATIO                    .0453                                     .0886 
       59  % RETURN ON ASSETS                               .0083                                     .0214 
       60  % RETURN ON EQUITY                              -.0078                                     .0094 
       61  TOTAL EXPENSE RATIO                              .7915                                     .7791 
       62  ADJUSTED TOTAL EXPENSE RATIO                    1.0316                                     .9709 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.3559                                    1.2178 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          179,564               193,363             232,109               252,815    
       65  NONCURRENT ASSETS                       462,189               469,727             590,307               610,540    
       66  CURRENT LIABILITIES                      69,398                71,191              80,893                85,348    
       67  NONCURRENT LIABILITIES                   94,979                96,837             128,307               132,113    
       68  CURRENT RATIO                              2.59                  2.72                2.87                  2.96    
       69  DEBT TO ASSET RATIO                         .26                   .25                 .25                   .25    
      
       2005 DATA - KANSAS     
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY TOTAL CROP ACRES                            < 501 ACRES                          501 - 1,000 ACRES     
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              53,699                                    53,478 
       71  MACHINERY AND EQUIPMENT                         28,851                                    47,374 
       72  MOTOR VEHICLES & LISTED PROPE                   47,569                                    82,681 
       73  BUILDINGS                                       16,492                                    16,659 
       74  OWNED LAND                                     362,753                                   442,009 
       75  TOTAL ASSETS                                   652,421                                   842,886 
       76  NET WORTH                                      486,218                                   629,556 
      
       LABOR
       77  NUMBER OF OPERATORS                                .76                                       .97 
       78  NUMBER OF WORKERS                                  .97                                      1.24 
       79  TOTAL WORK DAYS                                    164                                       254 
       80  VALUE FARM PRODUCTION/WORKER                   122,947                                   163,757 
       81  NET FARM INCOME/WORKER                          25,637                                    36,170 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                   852,112                                   862,729 
       83  VALUE OF FARM PRODUCTION                       156,669                                   208,761 
       84  NET FARM INCOME                                 32,669                                    46,110 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                            2.87                                      3.46 
       86  % TILLABLE LAND                                  23.02                                     52.14 
       87  CROP MACH COST/TOT EXPENSE(%)                    18.68                                     29.38 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     1059   460    527   415    741   362       1428   400    634   343    991   377    
       89  NON-IRRIGATED CROP ACRES         260   418    155   357    195   275        719   400    321   332    494   367    
       90  IRRIGATED CROP ACRES             129    25    102    21    120     9        215    48    156    29    176    33    
       91  TOTAL CROP ACRES                 268   419    161   357    198   276        745   400    334   332    509   367    
       92  PASTURE ACRES                    940   385    446   336    792   268        877   299    387   253    784   235    
       93  FARMSTEAD ACRES                   49   263     46   248     31    48         55   202     46   185     44    56    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                           244           239                         745           731  
       95  CROP MACHINERY INVESTMENT           44,781        183.78        187.35        107,716        144.62        147.27  
       96  CROP MACHINERY COST                 17,734         72.78         74.19         46,685         62.68         63.83  
       97  GROSS CROP VALUE                    47,973        182.75        186.30        144,723        194.31        197.87  
       98  CROP PRODUCTION COSTS               42,638        164.71        167.91        109,888        147.54        150.24  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                           176     85     63    88.5    67    91.6    219    192    108    95.7   152    93.5  
      100  GRAIN SORGHUM                  124     76     53    68.4    64    63.4    233    154     88    76.7   124    72.1  
      101  SOYBEANS                       227    112     69    33.2    91    34.0    279    242    125    34.9   176    33.4  
      102  SUNFLOWERS                       6     40     48    12.4                   19     75     50    12.7    69    42.6  
      103  WHEAT                          211    105     65    36.4    98    36.2    328    272    137    36.5   210    37.5  
      104  OTHER CROPS                     28     55     48            41             35     67     42            67    
      105  ALFALFA                        116     52     40     3.5    43     3.5    163     85     52     3.8    81     3.5  
      106  OTHER HAY & FORAGE             279     95     65            85            245    119     75            95    
      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                            11     99     65   169.9   114   154.4     33    154    129   173.2   126   176.1  
      111  GRAIN SORGHUM                    7     66     61   106.6    55    81.0      8     42                   38   123.3  
      112  SOYBEANS                        14     72     68    48.6                   23     91     67    51.4    84    51.7  
      113  SUNFLOWERS   
      114  WHEAT                            4    140    140    58.7                    8    129                   93    59.6  
      115  OTHER CROPS  
      116  ALFALFA                          6     35                                   9    141     79     3.8   146     4.5  
      117  OTHER HAY & FORAGE                                                          7    116    132            48    
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           47                                        44 
      122  DAIRY COWS                                           6                                         4 
      123  EWES                                                 2                                         1 
      124  SOWS                                                 3                                         3 
      125  BEEF PURCH. FOR RESALE SALES                        96                                        98 
      126  SWINE PURCH. FOR RESALE SALES                        3                                        39 
      127  TURKEYS                                          2,581 
      
      
       2005 DATA - KANSAS     
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY TOTAL CROP ACRES                      1,001 - 1,500 ACRES                      1,501 - 2,000 ACRES     
                                                        336 FARMS                                 198 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            56,109                                    71,756 
        2  DAIRY AND MILK                                   5,595                                    14,498 
        3  SHEEP                                               98                                       969 
        4  SWINE                                           14,027                                       498 
        5  POULTRY AND EGGS                                 1,571                                        83 
        6  OTHER LIVESTOCK                                  1,019                                    -1,110 
        7  CUSTOM FEEDING                                   3,488                                    17,768 
        8  FEED PURCHASED                                 -16,204                                   -32,780 
        9     LIVESTOCK INCOME                       $     65,704                              $     71,684 
      
       10  CORN                                            36,269                                    58,486 
       11  GRAIN SORGHUM                                   15,311                                    16,862 
       12  SOYBEANS                                        44,203                                    67,787 
       13  SUNFLOWERS                                       1,392                                     1,134 
       14  WHEAT                                           43,440                                    59,507 
       15  HAY AND FORAGE                                   6,549                                     6,265 
       16  OTHER CROP                                       3,924                                     4,854 
       17  GOVERNMENT PAYMENTS                             40,854                                    58,271 
       18  CROP INSURANCE PROCEEDS                          5,010                                     8,572 
       19  OTHER INCOME                                    17,041                                    24,521 
       20     VALUE OF FARM PRODUCTION               $    279,697                              $    377,944 
      
       21  HIRED LABOR                                      8,874                                    14,257 
       22  MACHINERY REPAIRS                               20,581                                    30,507 
       23  IRRIGATION REPAIRS                               1,180                                     1,602 
       24  BUILDING REPAIRS                                 1,873                                     2,047 
       25  INTEREST PAID                                   16,420                                    23,011 
       26  SEED-OTHER CROP EXPENSE                         21,449                                    29,480 
       27  CROP INSURANCE                                   5,704                                     8,874 
       28  FERTILIZER-LIME                                 32,258                                    45,043 
       29  MACHINE HIRE                                     9,996                                    14,730 
       30  ORGANIZATION FEE, PUBLICATION                    2,804                                     3,453 
       31  VET-MED-DRUGS                                    2,433                                     5,020 
       32  CROP STORAGE-MARKETING                           1,391                                     1,961 
       33  LIVESTOCK MARKETING-BREEDING                     3,213                                     2,730 
       34  DAIRY EXPENSE                                      318                                       925 
       35  GAS-FUEL-OIL                                    17,231                                    23,133 
       36  IRRIGATION ENERGY                                3,621                                     5,541 
       37  REAL ESTATE TAXES                                4,691                                     5,957 
       38  PERSONAL PROPERTY TAXES                            829                                       819 
       39  GENERAL FARM INSURANCE                           4,997                                     5,935 
       40  UTILITIES                                        4,526                                     4,964 
       41  CASH FARM RENT                                  15,690                                    22,298 
       42  HERBICIDE-INSECTICIDE                           17,761                                    22,959 
       43  CONSERVATION                                       530                                       824 
       44  AUTO EXPENSE                                     1,075                                       840 
       45     TOTAL OPERATING EXPENSE                $    199,445                              $    276,909 
      
       46  DEPRECIATION-MACHINERY                          22,224                                    31,237 
       47  DEPRECIATION-BUILDINGS                           2,197                                     2,876 
       48     TOTAL FARM EXPENSE                     $    223,867                              $    311,023 
      
       49     NET FARM INCOME                        $     55,830                              $     66,922 
      
       50  UNPAID FAMILY LABOR                              1,868                                     2,205 
       51  UNPAID OPERATOR LABOR                           27,788                                    28,609 
       52  MANAGEMENT CHARGE                               14,079                                    16,939 
       53  CURRENT ASSET CHARGE - 8%                       12,684                                    13,898 
       54  NONCURRENT ASSET CHARGE - 8%                    43,449                                    48,636 
       55  RETURN LABOR-MANAGEMENT                         -2,172                                     2,184 
       56  RETURN TO CAPITAL                               28,515                                    42,180 
       57  ASSET TURNOVER RATIO                             .2831                                     .3183 
       58  OPERATING PROFIT MARGIN RATIO                    .1019                                     .1116 
       59  % RETURN ON ASSETS                               .0289                                     .0355 
       60  % RETURN ON EQUITY                               .0172                                     .0245 
       61  TOTAL EXPENSE RATIO                              .8004                                     .8229 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .9568                                     .9493 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.1575                                    1.1147 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          248,924               266,642             304,222               322,162    
       65  NONCURRENT ASSETS                       718,652               741,634             855,418               892,955    
       66  CURRENT LIABILITIES                      96,185               102,280             132,035               146,902    
       67  NONCURRENT LIABILITIES                  185,768               188,286             257,805               274,675    
       68  CURRENT RATIO                              2.59                  2.61                2.30                  2.19    
       69  DEBT TO ASSET RATIO                         .29                   .29                 .34                   .35    
      
       2005 DATA - KANSAS     
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY TOTAL CROP ACRES                      1,001 - 1,500 ACRES                      1,501 - 2,000 ACRES     
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              44,837                                    49,445 
       71  MACHINERY AND EQUIPMENT                         71,776                                    99,433 
       72  MOTOR VEHICLES & LISTED PROPE                  118,751                                   155,710 
       73  BUILDINGS                                       21,542                                    30,798 
       74  OWNED LAND                                     498,450                                   567,349 
       75  TOTAL ASSETS                                   987,926                                 1,187,379 
       76  NET WORTH                                      701,666                                   781,670 
      
       LABOR
       77  NUMBER OF OPERATORS                               1.02                                      1.05 
       78  NUMBER OF WORKERS                                 1.41                                      1.61 
       79  TOTAL WORK DAYS                                    331                                       413 
       80  VALUE FARM PRODUCTION/WORKER                   197,475                                   234,146 
       81  NET FARM INCOME/WORKER                          39,418                                    41,460 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                   959,928                                 1,120,596 
       83  VALUE OF FARM PRODUCTION                       271,770                                   356,687 
       84  NET FARM INCOME                                 54,248                                    63,158 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                            8.97                                      9.33 
       86  % TILLABLE LAND                                  68.22                                     74.04 
       87  CROP MACH COST/TOT EXPENSE(%)                    31.10                                     30.84 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     1806   336    755   293   1225   323       2318   198    817   174   1667   190    
       89  NON-IRRIGATED CROP ACRES        1125   335    429   291    797   316       1564   197    507   171   1171   189    
       90  IRRIGATED CROP ACRES             404    92    233    55    347    70        447    71    262    46    371    53    
       91  TOTAL CROP ACRES                1232   336    471   292    861   321       1716   198    574   172   1269   190    
       92  PASTURE ACRES                    850   225    415   182    669   173        789   143    343   112    695   107    
       93  FARMSTEAD ACRES                   70   165     53   149     68    54         61   103     52    95     57    25    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          1232          1183                        1716          1615  
       95  CROP MACHINERY INVESTMENT          169,262        137.38        143.03        225,609        131.45        139.67  
       96  CROP MACHINERY COST                 69,632         56.52         58.84         95,915         55.88         59.38  
       97  GROSS CROP VALUE                   260,669        211.57        220.26        385,834        224.80        238.86  
       98  CROP PRODUCTION COSTS              175,483        142.43        148.28        247,059        143.95        152.95  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                           194    283    135    93.5   217    89.5    119    380    167    93.3   296    93.1  
      100  GRAIN SORGHUM                  216    237    113    76.9   181    72.7    121    300    132    74.9   261    70.9  
      101  SOYBEANS                       212    370    155    67.8   277    32.6    119    607    220    34.1   477    33.1  
      102  SUNFLOWERS                      23    125     90    12.6   131    13.0     17     89    100    14.3    72    12.7  
      103  WHEAT                          293    469    188    40.2   358    40.1    178    607    225    38.1   493    37.9  
      104  OTHER CROPS                     28     88     54           122             17    152     91           157    
      105  ALFALFA                        124     93     47     3.7   103     4.0     54    102     61     3.4    93     3.6  
      106  OTHER HAY & FORAGE             175    116     69            93             93    166     92           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                            70    256    146   170.7   244   173.3     51    305    191   174.0   259   181.4  
      111  GRAIN SORGHUM                   21     88     79   118.5    81   107.3     14    134    115    94.3   134    94.5  
      112  SOYBEANS                        56    164    116    49.9   143    50.4     42    172    100    56.1   175    50.7  
      113  SUNFLOWERS                      15    115     95    17.6    80    18.9      5    108                   91    19.0  
      114  WHEAT                           28    164    126    47.1   140    43.9     25    183    145    43.2   158    42.1  
      115  OTHER CROPS                      6    179                   96              5    156    156
      116  ALFALFA                         11     91     44     4.9                   10    163    108     5.2   146     4.3  
      117  OTHER HAY & FORAGE              13     93    137            36             14     61     45            74    
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           40                                        35 
      122  DAIRY COWS                                           1                                         3 
      123  EWES                                                 1 
      124  SOWS                                                 8                                         1 
      125  BEEF PURCH. FOR RESALE SALES                        71                                       111 
      126  SWINE PURCH. FOR RESALE SALES                       47 
      127  TURKEYS                                            394 
      
      
       2005 DATA - KANSAS     
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY TOTAL CROP ACRES                      2,001 - 2,500 ACRES                      2,501 - 3,000 ACRES     
                                                        135 FARMS                                  76 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            96,115                                   135,115 
        2  DAIRY AND MILK                                  19,703                                      -172 
        3  SHEEP                                           -1,195                                        13 
        4  SWINE                                            9,355                                    23,315 
        5  POULTRY AND EGGS                                                                           3,384 
        6  OTHER LIVESTOCK                                 -1,140                                    -2,215 
        7  CUSTOM FEEDING                                  17,239                                     1,605 
        8  FEED PURCHASED                                 -36,766                                   -64,734 
        9     LIVESTOCK INCOME                       $    103,312                              $     96,312 
      
       10  CORN                                            85,463                                    95,570 
       11  GRAIN SORGHUM                                   19,845                                    27,069 
       12  SOYBEANS                                        85,623                                    93,236 
       13  SUNFLOWERS                                       3,634                                     7,198 
       14  WHEAT                                           75,696                                    82,622 
       15  HAY AND FORAGE                                  20,389                                    11,344 
       16  OTHER CROP                                       6,574                                     1,029 
       17  GOVERNMENT PAYMENTS                             78,067                                    86,449 
       18  CROP INSURANCE PROCEEDS                          8,735                                    14,464 
       19  OTHER INCOME                                    20,253                                    10,423 
       20     VALUE OF FARM PRODUCTION               $    507,591                              $    525,716 
      
       21  HIRED LABOR                                     24,944                                    27,896 
       22  MACHINERY REPAIRS                               38,150                                    32,422 
       23  IRRIGATION REPAIRS                               1,264                                     1,563 
       24  BUILDING REPAIRS                                 2,125                                     2,800 
       25  INTEREST PAID                                   27,359                                    29,687 
       26  SEED-OTHER CROP EXPENSE                         39,879                                    41,178 
       27  CROP INSURANCE                                  10,556                                    12,363 
       28  FERTILIZER-LIME                                 60,394                                    65,077 
       29  MACHINE HIRE                                    17,117                                    16,704 
       30  ORGANIZATION FEE, PUBLICATION                    4,529                                     4,782 
       31  VET-MED-DRUGS                                    7,020                                     3,588 
       32  CROP STORAGE-MARKETING                           2,326                                     2,876 
       33  LIVESTOCK MARKETING-BREEDING                     3,674                                     3,038 
       34  DAIRY EXPENSE                                    1,712                                         3 
       35  GAS-FUEL-OIL                                    31,868                                    34,020 
       36  IRRIGATION ENERGY                                6,014                                     8,146 
       37  REAL ESTATE TAXES                                6,941                                     7,053 
       38  PERSONAL PROPERTY TAXES                          1,410                                     1,423 
       39  GENERAL FARM INSURANCE                           7,651                                     7,749 
       40  UTILITIES                                        7,100                                     7,081 
       41  CASH FARM RENT                                  33,856                                    25,657 
       42  HERBICIDE-INSECTICIDE                           31,076                                    35,760 
       43  CONSERVATION                                     1,203                                       233 
       44  AUTO EXPENSE                                       842                                       995 
       45     TOTAL OPERATING EXPENSE                $    369,011                              $    372,094 
      
       46  DEPRECIATION-MACHINERY                          41,769                                    44,354 
       47  DEPRECIATION-BUILDINGS                           4,492                                     4,661 
       48     TOTAL FARM EXPENSE                     $    415,271                              $    421,109 
      
       49     NET FARM INCOME                        $     92,320                              $    104,607 
      
       50  UNPAID FAMILY LABOR                              3,217                                     2,783 
       51  UNPAID OPERATOR LABOR                           32,920                                    33,288 
       52  MANAGEMENT CHARGE                               23,197                                    25,394 
       53  CURRENT ASSET CHARGE - 8%                       19,674                                    15,163 
       54  NONCURRENT ASSET CHARGE - 8%                    60,163                                    59,640 
       55  RETURN LABOR-MANAGEMENT                          9,267                                    27,021 
       56  RETURN TO CAPITAL                               60,346                                    72,829 
       57  ASSET TURNOVER RATIO                             .3440                                     .3491 
       58  OPERATING PROFIT MARGIN RATIO                    .1189                                     .1385 
       59  % RETURN ON ASSETS                               .0409                                     .0484 
       60  % RETURN ON EQUITY                               .0331                                     .0461 
       61  TOTAL EXPENSE RATIO                              .8181                                     .8010 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .9350                                     .9179 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.0923                                    1.0602 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          415,882               460,344             451,067               478,272    
       65  NONCURRENT ASSETS                     1,018,215             1,056,739           1,025,103             1,057,262    
       66  CURRENT LIABILITIES                     187,157               197,226             271,756               278,516    
       67  NONCURRENT LIABILITIES                  273,831               297,059             287,173               304,182    
       68  CURRENT RATIO                              2.22                  2.33                1.66                  1.72    
       69  DEBT TO ASSET RATIO                         .32                   .33                 .38                   .38    
      
       2005 DATA - KANSAS     
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY TOTAL CROP ACRES                      2,001 - 2,500 ACRES                      2,501 - 3,000 ACRES     
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              50,402                                    46,270 
       71  MACHINERY AND EQUIPMENT                        122,635                                   126,846 
       72  MOTOR VEHICLES & LISTED PROPE                  205,923                                   193,287 
       73  BUILDINGS                                       42,577                                    46,178 
       74  OWNED LAND                                     645,639                                   636,600 
       75  TOTAL ASSETS                                 1,475,590                                 1,505,852 
       76  NET WORTH                                      997,954                                   935,039 
      
       LABOR
       77  NUMBER OF OPERATORS                               1.21                                      1.23 
       78  NUMBER OF WORKERS                                 2.08                                      2.17 
       79  TOTAL WORK DAYS                                    614                                       693 
       80  VALUE FARM PRODUCTION/WORKER                   243,860                                   241,562 
       81  NET FARM INCOME/WORKER                          44,353                                    48,066 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                 1,210,235                                 1,221,395 
       83  VALUE OF FARM PRODUCTION                       416,311                                   426,408 
       84  NET FARM INCOME                                 75,718                                    84,846 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                            9.92                                      9.22 
       86  % TILLABLE LAND                                  78.92                                     78.90 
       87  CROP MACH COST/TOT EXPENSE(%)                    31.54                                     32.03 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     2826   135    938   113   2071   133       3468    76   1240    62   2489    75    
       89  NON-IRRIGATED CROP ACRES        2009   135    648   110   1503   133       2484    76    822    62   1838    75    
       90  IRRIGATED CROP ACRES             524    57    294    28    441    49        548    35    254    19    478    30    
       91  TOTAL CROP ACRES                2230   135    723   110   1666   133       2736    76    900    62   2029    75    
       92  PASTURE ACRES                    848    88    330    67    783    67       1050    51    517    38    788    43    
       93  FARMSTEAD ACRES                   82    71     69    62     69    22         61    34     49    29     57    11    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          2230          2160                        2736          2534  
       95  CROP MACHINERY INVESTMENT          295,481        132.47        136.80        289,740        105.88        114.36  
       96  CROP MACHINERY COST                130,966         58.72         60.63        134,883         49.29         53.24  
       97  GROSS CROP VALUE                   482,729        216.42        223.49        534,252        195.23        210.86  
       98  CROP PRODUCTION COSTS              328,816        147.42        152.23        353,340        129.12        139.46  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                            97    527    257    99.1   400    97.1     47    621    255    88.3   501    90.5  
      100  GRAIN SORGHUM                   83    346    165    67.6   288    71.1     49    452    196    72.0   388    70.7  
      101  SOYBEANS                        90    694    274    35.5   519    33.8     39    955    438    29.4   715    33.6  
      102  SUNFLOWERS                      11    103     91    16.6    68    12.8     10    241    110    15.1   219    13.9  
      103  WHEAT                          121    768    253    40.2   625    39.4     73    981    300    38.8   803    37.1  
      104  OTHER CROPS                      8    222                  157     
      105  ALFALFA                         44    207     76     3.5   194     5.1     19    191    176     3.6   143     3.6  
      106  OTHER HAY & FORAGE              61    216    105           193             34    150     95           114    
      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                            46    315    217   166.6   275   181.4     25    405    160   197.5   351   184.4  
      111  GRAIN SORGHUM                    5     78                                  11    162                  136   101.6  
      112  SOYBEANS                        34    191    150    49.4   161    55.0     21    199    123    57.1   191    53.5  
      113  SUNFLOWERS                       6    199                  214    18.1      7    208                  165    17.8  
      114  WHEAT                           23    196    197    40.8   154    48.2     17    131    125    44.5   123    47.2  
      115  OTHER CROPS  
      116  ALFALFA                          9    225    154     6.6   220     5.7   
      117  OTHER HAY & FORAGE              11    154    232            44              5     72 
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           40                                        41 
      122  DAIRY COWS                                           5 
      123  EWES   
      124  SOWS                                                 4                                         9 
      125  BEEF PURCH. FOR RESALE SALES                       125                                       121 
      126  SWINE PURCH. FOR RESALE SALES                       28 
      127  TURKEYS                                                                                    1,752 
      
      
       2005 DATA - KANSAS     
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY TOTAL CROP ACRES                      3,001 - 3,500 ACRES                            > 3,501 ACRES     
                                                         35 FARMS                                  69 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                           115,491                                    97,145 
        2  DAIRY AND MILK                                     -34                                    11,421 
        3  SHEEP                                                                                        -13 
        4  SWINE                                           97,441                                    53,454 
        5  POULTRY AND EGGS   
        6  OTHER LIVESTOCK                                 -7,954                                      -565 
        7  CUSTOM FEEDING                                  10,014                                     9,387 
        8  FEED PURCHASED                                 -57,217                                   -44,819 
        9     LIVESTOCK INCOME                       $    157,741                              $    126,010 
      
       10  CORN                                           112,117                                   194,378 
       11  GRAIN SORGHUM                                   23,336                                    38,841 
       12  SOYBEANS                                        55,906                                    96,287 
       13  SUNFLOWERS                                      16,232                                    17,194 
       14  WHEAT                                          128,722                                   169,370 
       15  HAY AND FORAGE                                  15,298                                    12,841 
       16  OTHER CROP                                      12,086                                    32,119 
       17  GOVERNMENT PAYMENTS                            101,137                                   164,824 
       18  CROP INSURANCE PROCEEDS                         13,863                                    28,738 
       19  OTHER INCOME                                    61,668                                    36,037 
       20     VALUE OF FARM PRODUCTION               $    698,105                              $    916,640 
      
       21  HIRED LABOR                                     53,341                                    61,697 
       22  MACHINERY REPAIRS                               53,172                                    56,492 
       23  IRRIGATION REPAIRS                               2,544                                     4,752 
       24  BUILDING REPAIRS                                 4,107                                     5,688 
       25  INTEREST PAID                                   36,476                                    45,563 
       26  SEED-OTHER CROP EXPENSE                         45,707                                    71,033 
       27  CROP INSURANCE                                  13,554                                    22,001 
       28  FERTILIZER-LIME                                 78,840                                   113,283 
       29  MACHINE HIRE                                    37,102                                    60,331 
       30  ORGANIZATION FEE, PUBLICATION                    6,260                                     6,779 
       31  VET-MED-DRUGS                                   10,458                                     5,205 
       32  CROP STORAGE-MARKETING                           3,364                                    10,586 
       33  LIVESTOCK MARKETING-BREEDING                    10,064                                     5,102 
       34  DAIRY EXPENSE                                                                                768 
       35  GAS-FUEL-OIL                                    41,742                                    52,303 
       36  IRRIGATION ENERGY                               17,168                                    24,465 
       37  REAL ESTATE TAXES                                7,594                                    10,830 
       38  PERSONAL PROPERTY TAXES                          1,610                                     2,046 
       39  GENERAL FARM INSURANCE                          11,145                                    11,768 
       40  UTILITIES                                       10,808                                    10,526 
       41  CASH FARM RENT                                  26,301                                    55,872 
       42  HERBICIDE-INSECTICIDE                           44,110                                    60,549 
       43  CONSERVATION                                     2,202                                       886 
       44  AUTO EXPENSE                                     1,210                                     1,587 
       45     TOTAL OPERATING EXPENSE                $    518,879                              $    700,112 
      
       46  DEPRECIATION-MACHINERY                          57,302                                    63,488 
       47  DEPRECIATION-BUILDINGS                           6,540                                     8,973 
       48     TOTAL FARM EXPENSE                     $    582,721                              $    772,573 
      
       49     NET FARM INCOME                        $    115,384                              $    144,067 
      
       50  UNPAID FAMILY LABOR                              3,986                                     1,467 
       51  UNPAID OPERATOR LABOR                           32,786                                    35,452 
       52  MANAGEMENT CHARGE                               30,284                                    36,414 
       53  CURRENT ASSET CHARGE - 8%                       19,607                                    23,310 
       54  NONCURRENT ASSET CHARGE - 8%                    80,509                                    96,255 
       55  RETURN LABOR-MANAGEMENT                         11,282                                    23,036 
       56  RETURN TO CAPITAL                               84,804                                   116,297 
       57  ASSET TURNOVER RATIO                             .3666                                     .3951 
       58  OPERATING PROFIT MARGIN RATIO                    .1215                                     .1269 
       59  % RETURN ON ASSETS                               .0445                                     .0501 
       60  % RETURN ON EQUITY                               .0386                                     .0473 
       61  TOTAL EXPENSE RATIO                              .8347                                     .8428 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .9308                                     .9228 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.0742                                    1.0533 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          499,197               560,716             636,181               651,364    
       65  NONCURRENT ASSETS                     1,344,794             1,403,876           1,635,172             1,717,811    
       66  CURRENT LIABILITIES                     265,243               304,492             355,136               349,670    
       67  NONCURRENT LIABILITIES                  352,843               383,108             467,207               479,413    
       68  CURRENT RATIO                              1.88                  1.84                1.79                  1.86    
       69  DEBT TO ASSET RATIO                         .34                   .35                 .36                   .35    
      
       2005 DATA - KANSAS     
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY TOTAL CROP ACRES                      3,001 - 3,500 ACRES                            > 3,501 ACRES     
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              72,274                                    65,746 
       71  MACHINERY AND EQUIPMENT                        183,811                                   201,551 
       72  MOTOR VEHICLES & LISTED PROPE                  254,049                                   296,209 
       73  BUILDINGS                                       82,562                                    91,252 
       74  OWNED LAND                                     814,364                                 1,044,816 
       75  TOTAL ASSETS                                 1,904,292                                 2,320,264 
       76  NET WORTH                                    1,251,449                                 1,494,551 
      
       LABOR
       77  NUMBER OF OPERATORS                               1.21                                      1.31 
       78  NUMBER OF WORKERS                                 2.73                                      3.08 
       79  TOTAL WORK DAYS                                    728                                       934 
       80  VALUE FARM PRODUCTION/WORKER                   255,582                                   297,079 
       81  NET FARM INCOME/WORKER                          42,243                                    46,692 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                 1,568,240                                 1,767,088 
       83  VALUE OF FARM PRODUCTION                       574,910                                   698,104 
       84  NET FARM INCOME                                 95,022                                   109,720 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                           14.33                                     12.04 
       86  % TILLABLE LAND                                  80.96                                     88.29 
       87  CROP MACH COST/TOT EXPENSE(%)                    26.72                                     30.62 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     3935    35   1339    27   2902    35       5231    69   1939    54   3767    68    
       89  NON-IRRIGATED CROP ACRES        2729    35    750    27   2151    35       4207    69   1483    54   3138    67    
       90  IRRIGATED CROP ACRES             799    20    468    15    559    16       1096    35    483    16    875    35    
       91  TOTAL CROP ACRES                3186    35   1010    27   2406    35       4618    69   1626    54   3395    68    
       92  PASTURE ACRES                    979    25    395    19    999    17       1541    36    470    25   1749    25    
       93  FARMSTEAD ACRES                  102    17    115    12     61     6        308    22    289    18    158    10    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          3186          2885                        4618          4052  
       95  CROP MACHINERY INVESTMENT          394,811        123.94        136.84        469,697        101.70        115.91  
       96  CROP MACHINERY COST                155,676         48.87         53.96        236,541         51.22         58.37  
       97  GROSS CROP VALUE                   629,834        197.72        218.29        854,212        184.96        210.80  
       98  CROP PRODUCTION COSTS              433,083        135.95        150.10        638,829        138.33        157.65  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                            26    452    217    71.8   404    79.5     47    928    458    76.9   670    73.7  
      100  GRAIN SORGHUM                   23    490    110    81.0   485    67.3     35    801    450    62.4   665    73.4  
      101  SOYBEANS                        15    610    167    36.0   510    36.0     26   1316    553    31.4  1018    28.6  
      102  SUNFLOWERS                       9    249                  231    14.1      9    634    551    12.0   389    13.7  
      103  WHEAT                           35   1204    369    41.2   979    40.1     68   1681    573    35.3  1345    36.8  
      104  OTHER CROPS                                                                 7    527    524           266    
      105  ALFALFA                          9    107     51     3.6   118     3.8     14    211    147     4.1   193     3.7  
      106  OTHER HAY & FORAGE              16    357    155           320             30    325    248           301    
      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                            17    536    319   157.4   406   177.9     28    683    292   167.4   579   190.2  
      111  GRAIN SORGHUM                                                               9    187    101    87.0   160    93.9  
      112  SOYBEANS                         9    323    212    49.6   273    47.9     22    329    271    53.6   280    56.7  
      113  SUNFLOWERS                       6    186    155    20.0   125    23.4      6    364                  315    18.8  
      114  WHEAT                            9    229    158    39.9   182    49.5     17    261    173    36.9   231    44.6  
      115  OTHER CROPS                                                                 4    351 
      116  ALFALFA                          5    109     90     5.8     
      117  OTHER HAY & FORAGE               7    172    177                            6    124                   73    
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           38                                        29 
      122  DAIRY COWS                                                                                     3 
      123  EWES   
      124  SOWS                                                45 
      125  BEEF PURCH. FOR RESALE SALES                       189                                       132 
      126  SWINE PURCH. FOR RESALE SALES                        1 
      127  TURKEYS