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Registros recuperados: 10 | |
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Nordquist, Dale W.; Nitchie, Donald L.; Kurtz, James N.; Paulson, Garen J.; Froslan, Janet M.; Woodford, John L.. |
This report summarizes the individual farm records of the members of the Southwestern Minnesota Farm Business Management Association for 2011. Whole-farm information and enterprise costs and returns are reported. The year-end analysis of the individual farms was performed by the Association fieldmen using the FINPACK software from the Center for Farm Financial Management. The individual analyses were summarized at the Department of Applied Economics using RankEm Central. In addition to the average of all farms, the averages for the high and low income groups are also presented. The tables are divided into four major groups: whole-farm information, crop enterprises, livestock enterprises, and summary information. The summary information includes whole farm... |
Tipo: Working Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
Ano: 2012 |
URL: http://purl.umn.edu/122205 |
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Nordquist, Dale W.; Kurtz, James N.; Paulson, Garen J.; Christensen, James L.; Froslan, Janet M.. |
Average net farm income was $190,901 in 2008 for the 99 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings decreased by 21% from the average of $242,267 in 2007 (Figure 1). 2008 ended a steady trend of increasing year-to-year incomes for these farms from 2001 to 2007. Crop farms, with historically high corn and soybean prices, remained very profitable. However, specialized hog farms, which had been very profitable for the past four years, experienced substantial losses. Highlights of association financial results for 2008: Median net farm income was $178,874, slightly lower than the average, indicating that the average was increased by high profits of the most profitable farms.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
Ano: 2009 |
URL: http://purl.umn.edu/49107 |
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Nordquist, Dale W.; Anderson, Robert D.; Cristensen, James L.; Kurtz, James N.; Paulson, Garen J.; Olson, Kent D.. |
Average net farm income rebounded to $70,007 in 2002 for the 188 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a sharp increase (91%) from the average net farm income of $36,614 in 2001. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 188 farms in the report are ranked from lowest to highest, the resulting graph shows how much the incomes do vary. Nine percent of the farms experienced negative net farm income in 2002; 26% had incomes over $100,000. The median or middle income was $61,465. The high 20% of the farms had an average net farm income of $181,981 which is a 40%... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2003 |
URL: http://purl.umn.edu/13883 |
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Nordquist, Dale W.; Kurtz, James N.; Nitchie, Donald L.; Paulson, Garen J.; Froslan, Janet M.; Woodford, John L.. |
Average net farm income was $322,165 in 2010 for the 97 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings increased by 362% from $69,787 in 2009 (Figure 1). Inflations adjusted profits rebounded after a downturn in 2009 that was caused primarily by low profits in the livestock sectors. Strong yields, substantially higher crop inventory values, and rebounding profitability of the livestock sectors led the way to much higher profits in 2010. Highlights of association financial results for 2010: Entire report is available at: http://www.cffm.umn.edu/Publications/Pubs/FBMA/SW_MN_FBMA_2010.pdf• Median net farm income, or the income earned by the middle farm, was $234,879,... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2011 |
URL: http://purl.umn.edu/102567 |
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Nordquist, Dale W.; Kurtz, James N.; Holcomb, Rob; Paulson, Garen J.. |
Average net farm income was $154,698 in 2006 for the 110 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 5% increase over the average income of $147,862 in 2005. In constant dollars, 2006 was slightly more profitable than the previous year and was again one of the most profitable years in the last 20 for association members (Figure 1). Outstanding crop prices coupled with above average crop yields more than compensated for reduced profitability of hog and beef enterprises. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 110 farms in the report are ranked from lowest to highest,... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
Ano: 2007 |
URL: http://purl.umn.edu/7307 |
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Nordquist, Dale W.; Kurtz, James N.; Holcomb, Rob; Paulson, Garen J.. |
Average net farm income was $147,862 in 2005 for the 107 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 50% increase over the average income of $98,362 in 2004. In constant dollars, 2005 was the most profitable year for association members in the past 20. Outstanding crop yields, high profits for hog operations and higher government payments were factors that combined to make 2005 a very profitable year for the average association farm. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 107 farms in the report are ranked from lowest to highest, the resulting graph shows how... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
Ano: 2006 |
URL: http://purl.umn.edu/13316 |
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Nordquist, Dale W.; Kurtz, James N.; Holcomb, Rob; Paulson, Garen J.. |
Average net farm income was $98,362 in 2004 for the 125 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 2% increase over the average income of $96,404 in 2003. In constant dollars, 2004 was the third most profitable year for association members in the past 20. Higher crop prices, outstanding corn yields, and high profits for hog operations were factors that combined to make 2004 a very profitable year for the average association farm. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 125 farms in the report are ranked from lowest to highest, the resulting graph shows how much... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2005 |
URL: http://purl.umn.edu/14226 |
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Nordquist, Dale W.; Kurtz, James N.; Nitchie, Donald L.; Paulson, Garen J.; Froslan, Janet M.; Christensen, James L.. |
Average net farm income was $69,787 in 2009 for the 95 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings decreased by 63% from $190,901 in 2008. This continues the downward trend that began in 2008 after six years of steady increases. As expected, low incomes for virtually all types of livestock operations pulled the average down, and some livestock farms sustained large losses. Crop farms, on average, were profitable but also earned much lower incomes compared to recent years. Median net farm income, or the income earned by the middle farm, was $96,130, substantially higher than the average. This indicates that the average was pulled down or skewed by large losses sustained by... |
Tipo: Report |
Palavras-chave: Agribusiness; Agricultural Finance; Crop Production/Industries; Livestock Production/Industries. |
Ano: 2010 |
URL: http://purl.umn.edu/60300 |
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Nordquist, Dale W.; Anderson, Robert D.; Christensen, James L.; Kurtz, James N.; Paulson, Garen J.; Olson, Kent D.. |
Average net farm income was $96,404 in 2003 for the 175 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 38% increase over the average income of $70,007 in 2002. In constant dollars, 2003 was the most profitable year for association members in the past 16 years. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 175 farms in the report are ranked from lowest to highest, the resulting graph shows how much the incomes do vary. Seven percent of the farms experienced negative net farm income in 2003; 39% had incomes over $100,000. The median or middle income was $77,187. The high... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2004 |
URL: http://purl.umn.edu/13363 |
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Nordquist, Dale W.; Kurtz, James N.; Holcomb, Rob; Paulson, Garen J.. |
Average net farm income was $242,267 in 2007 for the 107 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings increased by 57% over the average of $154,698 in 2006. In constant dollars, 2007 was the most profitable year for association members in the last 20 years (Figure 1). In fact, we have to go back to 1973 to find a more profitable year for association members. 2007 continued a steady climb in average earnings since 2001. Above average prices for corn, soybeans, and other crops more than compensated for reduced profitability of hog and beef enterprises. As in previous years, the earnings of individual farms varied greatly from the overall average. The median or middle income was... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; Farm Management. |
Ano: 2008 |
URL: http://purl.umn.edu/6557 |
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Registros recuperados: 10 | |
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