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       2005 DATA - KANSAS     
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY Farm Size by Census Acres                   < 181 ACRES                          181 - 499 ACRES 
                                                         34 FARMS                                 159 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            74,111                                    30,771 
        2  DAIRY AND MILK                                  30,136                                    30,818 
        3  SHEEP                                                                                        -24 
        4  SWINE                                            4,047                                     3,971 
        5  POULTRY AND EGGS                                40,971                                     3,380 
        6  OTHER LIVESTOCK                                    103                                        -4 
        7  CUSTOM FEEDING                                     524                                       228 
        8  FEED PURCHASED                                 -56,708                                   -23,831 
        9     LIVESTOCK INCOME                       $     93,184                              $     45,309 
      
       10  CORN                                             3,338                                     5,763 
       11  GRAIN SORGHUM                                      261                                     2,543 
       12  SOYBEANS                                         1,563                                    11,794 
       13  SUNFLOWERS                                         454                                        53 
       14  WHEAT                                            2,864                                     6,394 
       15  HAY AND FORAGE                                   1,217                                     1,189 
       16  OTHER CROP                                          95                                     2,262 
       17  GOVERNMENT PAYMENTS                              4,328                                     8,718 
       18  CROP INSURANCE PROCEEDS                            171                                       718 
       19  OTHER INCOME                                    12,984                                     7,105 
       20     VALUE OF FARM PRODUCTION               $    120,460                              $     91,846 
      
       21  HIRED LABOR                                      8,220                                     4,521 
       22  MACHINERY REPAIRS                                8,889                                     8,248 
       23  IRRIGATION REPAIRS                                  20                                       147 
       24  BUILDING REPAIRS                                   803                                     1,131 
       25  INTEREST PAID                                   10,243                                     7,396 
       26  SEED-OTHER CROP EXPENSE                          1,642                                     3,143 
       27  CROP INSURANCE                                     586                                     1,051 
       28  FERTILIZER-LIME                                  2,696                                     6,596 
       29  MACHINE HIRE                                     4,980                                     3,380 
       30  ORGANIZATION FEE, PUBLICATION                    2,265                                     1,695 
       31  VET-MED-DRUGS                                    3,105                                     1,687 
       32  CROP STORAGE-MARKETING                             194                                       364 
       33  LIVESTOCK MARKETING-BREEDING                     2,506                                     5,192 
       34  DAIRY EXPENSE                                    2,557                                     2,583 
       35  GAS-FUEL-OIL                                     4,029                                     5,313 
       36  IRRIGATION ENERGY                                                                            308 
       37  REAL ESTATE TAXES                                2,683                                     2,332 
       38  PERSONAL PROPERTY TAXES                            273                                       471 
       39  GENERAL FARM INSURANCE                           3,146                                     2,376 
       40  UTILITIES                                       11,742                                     3,792 
       41  CASH FARM RENT                                   1,762                                     3,030 
       42  HERBICIDE-INSECTICIDE                            1,023                                     3,345 
       43  CONSERVATION                                       367                                       340 
       44  AUTO EXPENSE                                     1,302                                       642 
       45     TOTAL OPERATING EXPENSE                $     75,031                              $     69,084 
      
       46  DEPRECIATION-MACHINERY                           9,600                                     6,982 
       47  DEPRECIATION-BUILDINGS                           5,560                                     1,485 
       48     TOTAL FARM EXPENSE                     $     90,191                              $     77,551 
      
       49     NET FARM INCOME                        $     30,269                              $     14,296 
      
       50  UNPAID FAMILY LABOR                              2,382                                       906 
       51  UNPAID OPERATOR LABOR                           18,344                                    18,815 
       52  MANAGEMENT CHARGE                                7,282                                     4,576 
       53  CURRENT ASSET CHARGE - 8%                        9,467                                     5,914 
       54  NONCURRENT ASSET CHARGE - 8%                    11,231                                    20,493 
       55  RETURN LABOR-MANAGEMENT                          7,189                                   -13,017 
       56  RETURN TO CAPITAL                               12,504                                    -2,605 
       57  ASSET TURNOVER RATIO                             .2650                                     .1978 
       58  OPERATING PROFIT MARGIN RATIO                    .1038                                    -.0284 
       59  % RETURN ON ASSETS                               .0275                                    -.0056 
       60  % RETURN ON EQUITY                               .0087                                    -.0303 
       61  TOTAL EXPENSE RATIO                              .7487                                     .8444 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .9812                                    1.1089 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.1531                                    1.3964 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          169,095               180,353             127,135               134,765    
       65  NONCURRENT ASSETS                       277,283               282,245             332,911               333,816    
       66  CURRENT LIABILITIES                      55,134                57,650              56,815                57,242    
       67  NONCURRENT LIABILITIES                  144,580               134,176              78,691                75,712    
       68  CURRENT RATIO                              3.07                  3.13                2.24                  2.35    
       69  DEBT TO ASSET RATIO                         .45                   .41                 .29                   .28    
      
       2005 DATA - KANSAS     
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY Farm Size by Census Acres                   < 181 ACRES                          181 - 499 ACRES 
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              38,060                                    30,572 
       71  MACHINERY AND EQUIPMENT                         27,805                                    24,826 
       72  MOTOR VEHICLES & LISTED PROPE                   42,110                                    40,301 
       73  BUILDINGS                                       47,649                                    14,258 
       74  OWNED LAND                                     144,660                                   239,081 
       75  TOTAL ASSETS                                   454,489                                   464,314 
       76  NET WORTH                                      258,719                                   330,084 
      
       LABOR
       77  NUMBER OF OPERATORS                                .67                                       .69 
       78  NUMBER OF WORKERS                                 1.15                                       .86 
       79  TOTAL WORK DAYS                                    157                                       130 
       80  VALUE FARM PRODUCTION/WORKER                   104,748                                   105,977 
       81  NET FARM INCOME/WORKER                          26,321                                    16,495 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                   668,944                                   666,298 
       83  VALUE OF FARM PRODUCTION                       177,300                                   131,801 
       84  NET FARM INCOME                                 44,552                                    20,515 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                           11.28                                      4.45 
       86  % TILLABLE LAND                                  64.93                                     69.60 
       87  CROP MACH COST/TOT EXPENSE(%)                    11.72                                     23.51 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                      102    34     96    29     71    10        359   159    234   141    204   118    
       89  NON-IRRIGATED CROP ACRES          80    25     78    22     47     6        256   148    163   124    172   103    
       90  IRRIGATED CROP ACRES                                                        177    10    118     8     
       91  TOTAL CROP ACRES                  90    25     88    22     54     6        266   149    170   124    178   104    
       92  PASTURE ACRES                     52    18     41    14     73     5        147   104    113    89    107    49    
       93  FARMSTEAD ACRES                   20    14     20    13                      25    83     24    75     16    15    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                            67            59                         250           246  
       95  CROP MACHINERY INVESTMENT           23,976        360.54        408.80         45,992        184.26        186.95  
       96  CROP MACHINERY COST                 10,567        158.91        180.17         18,235         73.06         74.12  
       97  GROSS CROP VALUE                    17,590        202.28        229.35         52,703        199.20        202.10  
       98  CROP PRODUCTION COSTS               21,936        300.76        341.02         44,352        172.10        174.61  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                             4     46     36   104.4                   70     87     66    91.5    72    96.8  
      100  GRAIN SORGHUM                                                              48     83     63    64.2    65    68.5  
      101  SOYBEANS                         7     25     25    32.1                   89    109     77    35.7    82    37.3  
      102  SUNFLOWERS   
      103  WHEAT                           12     43     35    45.1                   80    112     70    38.4    93    40.8  
      104  OTHER CROPS                                                                 9     53     52            28    
      105  ALFALFA                          5     41     40     3.3                   31     54     46     3.9    38     4.0  
      106  OTHER HAY & FORAGE              12     37     38                           83     76     61            50    
      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    165 
      111  GRAIN SORGHUM                                                               4     63 
      112  SOYBEANS                                                                    7     77     63    50.7    
      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                                           14                                        13 
      122  DAIRY COWS                                           8                                         8 
      123  EWES                                                                                           3 
      124  SOWS                                                 7                                         2 
      125  BEEF PURCH. FOR RESALE SALES                       214                                        60 
      126  SWINE PURCH. FOR RESALE SALES                                                                  5 
      127  TURKEYS                                         23,956                                     1,998 
      
      
       2005 DATA - KANSAS     
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY Farm Size by Census Acres               500 - 999 ACRES                        1,000 - 1,999 ACRES     
                                                        302 FARMS                                 608 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                            35,446                                    51,920 
        2  DAIRY AND MILK                                  24,189                                    11,402 
        3  SHEEP                                              346                                       439 
        4  SWINE                                            6,354                                    10,808 
        5  POULTRY AND EGGS                                   314                                       902 
        6  OTHER LIVESTOCK                                     60                                       592 
        7  CUSTOM FEEDING                                   4,826                                     2,042 
        8  FEED PURCHASED                                 -17,240                                   -18,717 
        9     LIVESTOCK INCOME                       $     54,294                              $     59,388 
      
       10  CORN                                            18,609                                    32,557 
       11  GRAIN SORGHUM                                    5,784                                    12,558 
       12  SOYBEANS                                        19,634                                    41,980 
       13  SUNFLOWERS                                         223                                       943 
       14  WHEAT                                           18,000                                    36,249 
       15  HAY AND FORAGE                                   5,621                                     6,187 
       16  OTHER CROP                                       1,856                                     3,022 
       17  GOVERNMENT PAYMENTS                             19,683                                    36,445 
       18  CROP INSURANCE PROCEEDS                          2,304                                     4,544 
       19  OTHER INCOME                                     9,953                                    15,319 
       20     VALUE OF FARM PRODUCTION               $    155,961                              $    249,192 
      
       21  HIRED LABOR                                      5,371                                     7,669 
       22  MACHINERY REPAIRS                               12,719                                    19,260 
       23  IRRIGATION REPAIRS                                 354                                       905 
       24  BUILDING REPAIRS                                 1,000                                     1,668 
       25  INTEREST PAID                                   10,157                                    14,308 
       26  SEED-OTHER CROP EXPENSE                         10,140                                    19,580 
       27  CROP INSURANCE                                   2,420                                     5,129 
       28  FERTILIZER-LIME                                 15,688                                    29,228 
       29  MACHINE HIRE                                     5,810                                     9,444 
       30  ORGANIZATION FEE, PUBLICATION                    1,884                                     2,600 
       31  VET-MED-DRUGS                                    2,459                                     2,951 
       32  CROP STORAGE-MARKETING                             781                                     1,161 
       33  LIVESTOCK MARKETING-BREEDING                     2,752                                     2,383 
       34  DAIRY EXPENSE                                    2,515                                       782 
       35  GAS-FUEL-OIL                                     9,840                                    15,198 
       36  IRRIGATION ENERGY                                1,796                                     3,275 
       37  REAL ESTATE TAXES                                2,990                                     4,470 
       38  PERSONAL PROPERTY TAXES                            535                                       693 
       39  GENERAL FARM INSURANCE                           3,123                                     4,463 
       40  UTILITIES                                        3,276                                     4,100 
       41  CASH FARM RENT                                  11,239                                    13,105 
       42  HERBICIDE-INSECTICIDE                            7,027                                    14,910 
       43  CONSERVATION                                       345                                       448 
       44  AUTO EXPENSE                                       771                                       957 
       45     TOTAL OPERATING EXPENSE                $    114,992                              $    178,688 
      
       46  DEPRECIATION-MACHINERY                          11,622                                    19,983 
       47  DEPRECIATION-BUILDINGS                           1,428                                     2,160 
       48     TOTAL FARM EXPENSE                     $    128,043                              $    200,831 
      
       49     NET FARM INCOME                        $     27,919                              $     48,361 
      
       50  UNPAID FAMILY LABOR                                782                                     1,669 
       51  UNPAID OPERATOR LABOR                           23,209                                    26,782 
       52  MANAGEMENT CHARGE                                7,764                                    12,332 
       53  CURRENT ASSET CHARGE - 8%                        8,484                                    11,388 
       54  NONCURRENT ASSET CHARGE - 8%                    28,969                                    39,174 
       55  RETURN LABOR-MANAGEMENT                        -10,317                                    -3,870 
       56  RETURN TO CAPITAL                                6,319                                    21,886 
       57  ASSET TURNOVER RATIO                             .2464                                     .2823 
       58  OPERATING PROFIT MARGIN RATIO                    .0405                                     .0878 
       59  % RETURN ON ASSETS                               .0100                                     .0248 
       60  % RETURN ON EQUITY                              -.0082                                     .0120 
       61  TOTAL EXPENSE RATIO                              .8210                                     .8059 
       62  ADJUSTED TOTAL EXPENSE RATIO                    1.0246                                     .9696 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.2647                                    1.1725 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          156,284               168,247             220,502               237,918    
       65  NONCURRENT ASSETS                       465,928               475,611             642,481               664,823    
       66  CURRENT LIABILITIES                      55,531                56,901              83,588                90,144    
       67  NONCURRENT LIABILITIES                  108,907               108,404             160,955               167,003    
       68  CURRENT RATIO                              2.81                  2.96                2.64                  2.64    
       69  DEBT TO ASSET RATIO                         .26                   .26                 .28                   .28    
      
       2005 DATA - KANSAS     
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY Farm Size by Census Acres               500 - 999 ACRES                        1,000 - 1,999 ACRES     
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              36,364                                    40,343 
       71  MACHINERY AND EQUIPMENT                         39,179                                    64,481 
       72  MOTOR VEHICLES & LISTED PROPE                   66,566                                   104,618 
       73  BUILDINGS                                       13,126                                    21,182 
       74  OWNED LAND                                     340,048                                   447,298 
       75  TOTAL ASSETS                                   633,035                                   882,862 
       76  NET WORTH                                      468,163                                   632,018 
      
       LABOR
       77  NUMBER OF OPERATORS                                .85                                       .99 
       78  NUMBER OF WORKERS                                 1.07                                      1.30 
       79  TOTAL WORK DAYS                                    192                                       291 
       80  VALUE FARM PRODUCTION/WORKER                   144,969                                   191,686 
       81  NET FARM INCOME/WORKER                          25,951                                    37,201 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                   736,427                                   890,035 
       83  VALUE OF FARM PRODUCTION                       181,434                                   251,217 
       84  NET FARM INCOME                                 32,479                                    48,754 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                            7.90                                      8.65 
       86  % TILLABLE LAND                                  71.81                                     73.22 
       87  CROP MACH COST/TOT EXPENSE(%)                    28.15                                     31.08 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                      749   302    408   248    534   272       1466   608    621   537    988   575    
       89  NON-IRRIGATED CROP ACRES         539   296    232   236    428   245        991   602    373   517    733   550    
       90  IRRIGATED CROP ACRES             377    34    171    22    413    22        406   139    229    81    338   112    
       91  TOTAL CROP ACRES                 549   296    248   236    424   245       1083   603    409   518    796   554    
       92  PASTURE ACRES                    329   202    224   165    288   137        549   438    300   359    430   332    
       93  FARMSTEAD ACRES                   47   155     39   142     51    34         60   302     49   283     48    86    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                           538           553                        1074          1031  
       95  CROP MACHINERY INVESTMENT           86,618        161.03        156.49        148,506        138.32        143.97  
       96  CROP MACHINERY COST                 36,041         67.00         65.11         62,421         58.14         60.52  
       97  GROSS CROP VALUE                   114,932        210.83        204.90        229,102        211.63        220.28  
       98  CROP PRODUCTION COSTS               88,057        160.99        156.46        158,795        147.17        153.19  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                           149    147     82    92.8   123    92.2    342    260    127    94.7   206    92.0  
      100  GRAIN SORGHUM                  142    135     76    75.9   116    69.9    360    219    110    75.8   180    72.0  
      101  SOYBEANS                       186    180     92    33.8   147    34.1    401    343    149    51.9   265    32.6  
      102  SUNFLOWERS                      11     62                   58     9.9     44    105     67    11.9   107    27.7  
      103  WHEAT                          214    250    125    36.8   216    37.2    492    414    157    38.8   342    39.5  
      104  OTHER CROPS                     17     95     69            97             47     68     32            85    
      105  ALFALFA                         87     79     48     3.6    80     3.4    204     88     50     3.6    89     3.8  
      106  OTHER HAY & FORAGE             156    106     65            96            323    103     63            86    
      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                            26    285    131   181.9   310   180.3     96    286    164   171.7   251   177.5  
      111  GRAIN SORGHUM                    4     62                                  32    107    103   106.5    99   107.2  
      112  SOYBEANS                        17    105     74    52.2   108    53.6     80    168    118    50.8   148    50.2  
      113  SUNFLOWERS                       4     80                                  17    110     91    18.4    81    18.4  
      114  WHEAT                            9    185                  159    57.5     41    175    136    45.1   153    44.1  
      115  OTHER CROPS                                                                11    171    153           101    
      116  ALFALFA                          9    140     70     4.4   168     5.0     18    129     73     5.9   132     4.5  
      117  OTHER HAY & FORAGE                                                         21     83     91            50    
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           24                                        30 
      122  DAIRY COWS                                           6                                         3 
      123  EWES                                                 2                                         1 
      124  SOWS                                                 2                                         6 
      125  BEEF PURCH. FOR RESALE SALES                        58                                        67 
      126  SWINE PURCH. FOR RESALE SALES                       27                                        36 
      127  TURKEYS                                            183                                       218 
      
      
       2005 DATA - KANSAS     
       INCOME AND EXPENSE ANALYSIS  
       SORTED BY Farm Size by Census Acres             2,000 - 4,999 ACRES                            > 5,000 ACRES     
                                                        530 FARMS                                  76 FARMS 
      
             ITEM                                        PER FARM                                  PER FARM 
      
        1  BEEF                                           104,091                                   324,899 
        2  DAIRY AND MILK                                   9,559 
        3  SHEEP                                             -296 
        4  SWINE                                           13,548                                    48,564 
        5  POULTRY AND EGGS                                   485 
        6  OTHER LIVESTOCK                                   -864                                    -4,035 
        7  CUSTOM FEEDING                                  15,516                                    15,705 
        8  FEED PURCHASED                                 -33,942                                  -135,350 
        9     LIVESTOCK INCOME                       $    108,096                              $    249,782 
      
       10  CORN                                            64,102                                   105,432 
       11  GRAIN SORGHUM                                   16,554                                    27,911 
       12  SOYBEANS                                        61,764                                    71,043 
       13  SUNFLOWERS                                       4,240                                     9,845 
       14  WHEAT                                           64,484                                    97,932 
       15  HAY AND FORAGE                                  11,969                                    24,869 
       16  OTHER CROP                                       6,895                                    10,652 
       17  GOVERNMENT PAYMENTS                             64,368                                    95,706 
       18  CROP INSURANCE PROCEEDS                          9,023                                    15,327 
       19  OTHER INCOME                                    19,759                                    26,516 
       20     VALUE OF FARM PRODUCTION               $    431,255                              $    735,016 
      
       21  HIRED LABOR                                     21,060                                    47,728 
       22  MACHINERY REPAIRS                               31,325                                    43,772 
       23  IRRIGATION REPAIRS                               1,504                                     1,171 
       24  BUILDING REPAIRS                                 2,483                                     5,554 
       25  INTEREST PAID                                   24,383                                    43,774 
       26  SEED-OTHER CROP EXPENSE                         30,203                                    46,060 
       27  CROP INSURANCE                                   8,457                                    14,163 
       28  FERTILIZER-LIME                                 48,407                                    76,023 
       29  MACHINE HIRE                                    17,035                                    37,700 
       30  ORGANIZATION FEE, PUBLICATION                    3,928                                     5,670 
       31  VET-MED-DRUGS                                    6,241                                    11,709 
       32  CROP STORAGE-MARKETING                           2,573                                     4,585 
       33  LIVESTOCK MARKETING-BREEDING                     4,119                                    10,004 
       34  DAIRY EXPENSE                                      699 
       35  GAS-FUEL-OIL                                    26,796                                    38,221 
       36  IRRIGATION ENERGY                                6,551                                     3,900 
       37  REAL ESTATE TAXES                                6,528                                     9,784 
       38  PERSONAL PROPERTY TAXES                          1,137                                     1,696 
       39  GENERAL FARM INSURANCE                           6,672                                     9,598 
       40  UTILITIES                                        6,076                                     8,514 
       41  CASH FARM RENT                                  29,280                                    57,521 
       42  HERBICIDE-INSECTICIDE                           26,358                                    32,985 
       43  CONSERVATION                                       825                                       899 
       44  AUTO EXPENSE                                       969                                     1,398 
       45     TOTAL OPERATING EXPENSE                $    313,609                              $    512,426 
      
       46  DEPRECIATION-MACHINERY                          34,433                                    49,410 
       47  DEPRECIATION-BUILDINGS                           3,716                                     6,638 
       48     TOTAL FARM EXPENSE                     $    351,758                              $    568,473 
      
       49     NET FARM INCOME                        $     79,497                              $    166,542 
      
       50  UNPAID FAMILY LABOR                              2,356                                     2,753 
       51  UNPAID OPERATOR LABOR                           30,790                                    31,618 
       52  MANAGEMENT CHARGE                               20,240                                    39,787 
       53  CURRENT ASSET CHARGE - 8%                       16,525                                    39,271 
       54  NONCURRENT ASSET CHARGE - 8%                    61,084                                    84,557 
       55  RETURN LABOR-MANAGEMENT                           -467                                    39,961 
       56  RETURN TO CAPITAL                               50,493                                   136,157 
       57  ASSET TURNOVER RATIO                             .3059                                     .3098 
       58  OPERATING PROFIT MARGIN RATIO                    .1171                                     .1852 
       59  % RETURN ON ASSETS                               .0358                                     .0574 
       60  % RETURN ON EQUITY                               .0269                                     .0597 
       61  TOTAL EXPENSE RATIO                              .8157                                     .7734 
       62  ADJUSTED TOTAL EXPENSE RATIO                     .9395                                     .8743 
       63  ECONOMIC TOTAL EXPENSE RATIO                    1.1194                                    1.0428 
      
       ASSETS/LOANS/FINANCIAL RATIOS             JANUARY 1           DECEMBER 31           JANUARY 1           DECEMBER 31    
      
       64  CURRENT ASSETS                          372,486               403,784             874,560               914,307    
       65  NONCURRENT ASSETS                     1,003,250             1,039,920           1,439,592             1,516,883    
       66  CURRENT LIABILITIES                     175,811               187,346             404,857               402,244    
       67  NONCURRENT LIABILITIES                  250,040               266,031             409,960               432,579    
       68  CURRENT RATIO                              2.12                  2.16                2.16                  2.27    
       69  DEBT TO ASSET RATIO                         .31                   .31                 .35                   .34    
      
       2005 DATA - KANSAS     
       ANALYSIS OF THE FARM BUSINESS
       SORTED BY Farm Size by Census Acres             2,000 - 4,999 ACRES                            > 5,000 ACRES     
      
       AVERAGE ASSET & NET WORTH VALUES   
       70  BREEDING LIVESTOCK                              67,179                                   145,582 
       71  MACHINERY AND EQUIPMENT                        105,446                                   141,395 
       72  MOTOR VEHICLES & LISTED PROPE                  167,365                                   226,986 
       73  BUILDINGS                                       38,004                                    67,869 
       74  OWNED LAND                                     688,422                                 1,015,451 
       75  TOTAL ASSETS                                 1,409,720                                 2,372,671 
       76  NET WORTH                                      970,106                                 1,547,851 
      
       LABOR
       77  NUMBER OF OPERATORS                               1.14                                      1.17 
       78  NUMBER OF WORKERS                                 1.88                                      2.72 
       79  TOTAL WORK DAYS                                    518                                       786 
       80  VALUE FARM PRODUCTION/WORKER                   229,023                                   269,600 
       81  NET FARM INCOME/WORKER                          42,218                                    61,087 
      
       PER OPERATOR BASIS     
       82  TOTAL ASSETS                                 1,236,187                                 2,026,101 
       83  VALUE OF FARM PRODUCTION                       378,169                                   627,654 
       84  NET FARM INCOME                                 69,711                                   142,216 
      
       OTHER FACTORS    
       85  % CROP ACRES IRRIGATED                           10.26                                      4.37 
       86  % TILLABLE LAND                                  64.06                                     45.51 
       87  CROP MACH COST/TOT EXPENSE(%)                    29.98                                     25.30 
      
       ACRES                              TOTAL   CNT   OWNED  CNT  RENTED  CNT      TOTAL   CNT   OWNED  CNT  RENTED  CNT    
       88  TOTAL ACRES                     2999   530   1109   464   2091   514       6581    76   2233    62   4888    74    
       89  NON-IRRIGATED CROP ACRES        1761   519    598   443   1341   484       2902    75    989    62   2266    69    
       90  IRRIGATED CROP ACRES             597   175    310   106    530   135        473    21    331     9    331    21    
       91  TOTAL CROP ACRES                1958   520    671   444   1479   487       3035    75   1037    62   2367    69    
       92  PASTURE ACRES                   1298   423    569   351    990   353       3943    67   1253    54   3331    59    
       93  FARMSTEAD ACRES                   76   292     66   256     60    86        268    31    223    29    205     9    
      
       CROP VALUE, COSTS, ACRES              TOTAL    PER CROP ACRE PER HARV.ACRE      TOTAL     PER CROP ACRE  PER HARV.ACRE 
       94  ACRES                                          1921          1783                        2995          2690  
       95  CROP MACHINERY INVESTMENT          237,294        123.51        133.10        302,917        101.14        112.62  
       96  CROP MACHINERY COST                105,460         54.89         59.15        143,832         48.02         53.48  
       97  GROSS CROP VALUE                   401,922        206.44        222.47        501,885        167.57        186.60  
       98  CROP PRODUCTION COSTS              272,402        139.38        150.20        393,552        127.94        142.47  
      
       NON-IRRIGATED ACRES                       AVE.     OWNED         RENTED             AVE.      OWNED        RENTED
                                          CNT   ACRES  ACRES  YIELD  ACRES  YIELD    CNT   ACRES  ACRES  YIELD  ACRES  YIELD  
       99  CORN                           315    440    197    89.9   361    89.6     45    833    427    82.9   593    82.6  
      100  GRAIN SORGHUM                  294    341    134    73.6   291    71.1     37    554    372    57.2   481    65.6  
      101  SOYBEANS                       294    588    225    33.4   454    33.0     30   1085    474    32.9   844    29.9  
      102  SUNFLOWERS                      39    183    108    14.8   163    13.6      8    626    536    12.1   358    13.4  
      103  WHEAT                          448    743    267    37.9   605    37.3     61   1292    475    36.8  1025    36.1  
      104  OTHER CROPS                     50    178    149           136              4    283                  238    
      105  ALFALFA                        190    118     64     3.6   117     4.0     26    172    105     3.6   143     3.5  
      106  OTHER HAY & FORAGE             303    180    106           145             56    249    124           228    
      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                           140    371    203   170.7   338   180.9     12    414    376   186.2   289   181.4  
      111  GRAIN SORGHUM                   31    126     79    95.5   128   101.9      4    138                   95    93.9  
      112  SOYBEANS                       104    214    149    52.2   195    53.8     11    206                  213    55.2  
      113  SUNFLOWERS                      26    227    169    18.9   192    19.1   
      114  WHEAT                           69    201    164    42.8   168    47.6      9    110                  106    35.7  
      115  OTHER CROPS                     12    181    111           179     
      116  ALFALFA                         22    173    111     4.9   192     5.0   
      117  OTHER HAY & FORAGE              32    125    151            56             10    122    157            65    
      118  VEGETABLES   
      119  TRUCK CROPS  
      120  FRUIT - FLOWERS - TREES  
      
       AVERAGE LIVESTOCK INVENTORIES AND SALES  
      121  BEEF COWS                                           62                                       137 
      122  DAIRY COWS                                           2 
      123  EWES   
      124  SOWS                                                 6 
      125  BEEF PURCH. FOR RESALE SALES                       127                                       378 
      126  SWINE PURCH. FOR RESALE SALES                       10 
      127  TURKEYS                                            251