|
Inventory
Changes
Minnesota State Colleges and Universities
Farm Business Management
(Farms Sorted By Net Farm Income)
|
Avg.
Of |
|
|
|
|
|
|
All
Farms |
Low
20% |
20
- 40% |
40
- 60% |
60
- 80% |
High
20% |
|
| Number
of farms |
2293 |
458 |
459 |
458 |
459 |
459 |
|
| Net
cash farm income |
55,014 |
12,292 |
31,123 |
43,500 |
66,116 |
121,922 |
|
| Crops
and Feed |
| Ending
inventory |
104,801 |
49,283 |
54,303 |
81,397 |
116,141 |
222,707 |
| Beginning
inventory |
91,650 |
53,242 |
52,404 |
74,872 |
100,705 |
176,910 |
| Inventory
change |
13,150 |
-3,959 |
1,900 |
6,526 |
15,436 |
45,797 |
|
| Market
Livestock |
| Ending
inventory |
30,209 |
19,923 |
13,956 |
23,352 |
29,849 |
63,926 |
| Beginning
inventory |
26,608 |
17,890 |
13,192 |
20,007 |
24,814 |
57,107 |
| Inventory
change |
3,600 |
2,034 |
764 |
3,345 |
5,035 |
6,819 |
|
| Accts
Receivable & Other Current Assets |
| Ending
inventory |
17,447 |
8,567 |
6,653 |
9,215 |
14,424 |
48,338 |
| Beginning
inventory |
14,266 |
7,372 |
6,696 |
7,957 |
11,552 |
37,727 |
| Inventory
change |
3,181 |
1,196 |
-43 |
1,259 |
2,872 |
10,611 |
|
| Prepaid
Expenses and Supplies |
| Ending
inventory |
18,877 |
5,942 |
7,020 |
12,579 |
20,255 |
48,549 |
| Beginning
inventory |
16,070 |
6,348 |
6,933 |
11,399 |
19,075 |
36,563 |
| Inventory
change |
2,807 |
-406 |
87 |
1,180 |
1,180 |
11,986 |
|
| Accounts
Payable & Accrued Expenses |
| Beginning
inventory |
12,501 |
9,810 |
8,675 |
8,949 |
12,093 |
22,963 |
| Ending
inventory |
13,692 |
13,131 |
9,806 |
9,513 |
13,513 |
22,489 |
| Inventory
change |
-1,194 |
-3,332 |
-1,131 |
-564 |
-1,420 |
474 |
|
| Total
inventory change |
21,544 |
-4,468 |
1,577 |
11,745 |
23,103 |
75,687 |
|
| Net
operating profit |
76,558 |
7,824 |
32,700 |
55,245 |
89,219 |
197,609 |
|