Dec 15, 2023

CAMPBELL: Kansas Farm Management Association

Posted Dec 15, 2023 11:00 PM
written by: Stacy Campbell - Cottonwood Extension District
written by: Stacy Campbell - Cottonwood Extension District

With more than 80 years of experience serving producers, the Kansas Farm Management Association (KFMA) maintains a long-term commitment to Kansas agriculture, by building strong relationships with agriculture producers. Twenty-four KFMA economists, who are part of the Department of K-State Agricultural Economics, comprise the professional staff of the KFMA program. The economists/fieldman work cooperatively with farm families to provide members with production and financial management information for use in decision making.

The primary goal of the KFMA program is to provide each member with information that can be used to help make farm and family decisions. KFMA Economists assist producers by providing the following information and services:

路 Sound farm accounting systems

路 On-farm visits

路 Accrual basis whole-farm and enterprise analysis

路 Financial benchmarks for comparing performance with similar farms

路 Year-end tax planning and management

路 Integrated tax planning, marketing and asset investment strategies

路 Assistance with estate planning and farm succession planning

路 Guidance for business entity and structure planning

路 Improved decision making

The Kansas Farm Management Association Program is organized into six regional associations. The K-MAR -105 Association serves as the central information processing unit for the six Associations. K-MAR-105 maintains data banks that are used extensively for Agricultural Economics Research and Extension activities. For further information about the KFMA visit https://www.agmanager.info/kfma or contact Mark Dikeman, KFMA and KMAR-105 Executive Director at 785-532-0516, [email protected] or you can contact your local County or District Extension Office and they can put you in contact with a KFMA Economist/Fieldman for your area.

Stacy Campbell is a Crop Production Extension agent in the Cottonwood District (which includes Barton and Ellis counties) for K-State Research and Extension. You can contact him by e-mail at [email protected] or by calling 785-628-9430.