Farm and ranch production expenditures for Kansas totaled $22.6 billion in 2021, up 30% from a year earlier, according to USDA's National Agricultural Statistics Service. Livestock expenses, the largest expenditure category, at $6.76 billion, increased 24% from 2020. Feed, the next largest expense category, at $3.87 billion, increased 57% from 2020. Rent, the third largest total expense category at $2.10 billion, increased 58% from 2020.
Livestock expenses accounted for 30% of Kansas's total production expenditures. Feed accounted for 17%, rent 9%, and farm services 7%.
The total expenditures per farm or ranch in Kansas averaged $384,812 in 2021, up 30% from 2020. The Livestock expense category was the leading expenditure, at $115,358 per operation, 445% above the national average. Feed expenditures, at $66,041 per operation, were 103% above the national average. Fertilizer and soil conditioners, at $24,573, were 67% above the national average. The average rent expenditure, at $35,836, was 124% above the national average.
These results are based on data from Kansas farmers and ranchers who participated in the Agricultural Resource Management Survey conducted by USDA's National Agricultural Statistics Service. Producers were contacted in January through April to collect 2021 farm and ranch expenses.
Categories: Kansas, Business