050917_YKMV_A7.pdf





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May 9, 2017 • Page 7
Farm/Ranch Report
Results Are In
The final results are in for the 2016 Annual Report
which provides a summary of financial data from 99
farms enrolled in the South Dakota Farm/Ranch Management program. Overall, the average operation saw cash
expenses reach $774,691 which is down about $100,000
from the prior year. Cash farm income of $902,490 also
showed a decrease of over $100,000 which resulted in
net cash farm income slightly lower than last year. Both
cash grain prices and the value of market livestock continue to remain at sharply lower levels than a few years
ago and that has resulted in cash farm income falling
five straight years.
For most farms enrolled in the program, livestock
production still ranks as the top source of revenue and
it therefore represents the biggest area of expenses with
about $291,000 in direct costs. Most of these dollars
are spent purchasing feeder livestock and buying feed
products. It should be noted that this activity is a real
economic engine for the area as most of the feed is produced and processed in South Dakota.
In 2016, crop production expenses totaled $189,950
with the bulk of those dollars spent on seed, fertilizer,
chemical, and crop insurance. Even though crop prices
remain relatively low, the cost of production has not
declined much from one year ago with those four direct
inputs totaling $245/acre for corn and $134/acre for
soybeans. Many farmers now rely on a variety of outside
consultants and this supports several people who are
employed by local farm cooperatives and other private
agricultural companies.
The other largest expense is farmland rent and landlords have benefitted from a very competitive land market with the average producer paying close to $100,000
in cash rents during 2016. Another important industry
that farmers support is implement dealers, farm supply
businesses, and local repair shops. The average farm
spent $47,000 in repairing equipment last year. The one
bright spot in operating expenses was fuel costs, which
were down across the board. Another critical area for
many farmers is keeping reliable employees on the payroll and hiring custom operators to assist with planting,
harvesting, spreading manure, etc. According to data
gathered, the average farm operation spent $37,000 for
those services last year.
In addition to spending $775,000 in operating costs,
farmers invested an average of $97,000 in capital purchases such as land, buildings, machinery, and breeding
livestock. Family living expenses came in $9,000 lower
than last year at $57,169 with 22 percent of those dollars
being spent on healthcare. Given the continued pressure
on net farm income, families have had to adjust their
spending habits. Overall, the average farm spent close
to $960,000 in the areas noted above which is down
notably from last year. There is now evidence of this sustained downturn in the ag economy via lower sales tax
revenues throughout the entire state of South Dakota.
The SD Center for Farm/Ranch Management program
is offered through Mitchell Technical Institute and is
available to all producers who are seeking a detailed
analysis on their farm financial performance.
Find BIG Savings...
When You Place Your Ad In The Classifieds!
Gov. Daugaard
Proclaims May
as Beef Month
PIERRE, S.D – Gov. Dennis Daugaard has signed
a proclamation declaring
May as “Beef Month” once
again this year in South
Dakota.
There are 3.85 million
head of cattle in South
Dakota, which is nearly
five beef animals to every
state resident. Nationally,
South Dakota ranks fifth
for the size of the calf crop
and number of beef cows.
“With May as Beef
Month, I’m going to have
a hard time eating more
beef because I eat a lot
of it and I like it, a lot.
Beyond its great taste,
it’s got a rich supply of
nutrients such as zinc,
iron and protein,” said
Gov. Daugaard. “It’s just a
great food. I hope people
appreciate and enjoy even
more beef in the month
of May. Get out and grill
in South Dakota when it’s
springtime.”
“Cattle producers have
always been a large part
of our state’s rural way
of life,” said Secretary of
Agriculture Mike Jaspers.
“May Beef Month honors
them for consistently
meeting the challenges of
a rapidly changing industry while providing high
quality animal care and
making decisions that are
environmentally sound.”
As of January 1, 2017,
there were 230,000 head
of cattle on feed in South
Dakota.
Looking
for the
best deal in
town?
Check
the
CLASSIFIEDS!
MV Shopper
319 Walnut St.
Yankton, SD 57078
MV Shopper
M I S S O U R I VA L L E Y
M I S S O U R I VA L L E Y
605-665-5884
South Dakota
Observes Wildfire
Awareness Month
During May
RAPID CITY, S.D.— Gov. Dennis Daugaard has proclaimed
May, 2017, as Wildfire Awareness Month in South Dakota. South
Dakota has also joined with eight other western states in a
separate multi-state proclamation.
This goal is to raise awareness of the dangers of wildfires
and how citizens can protect themselves and their communities from these events. This year's theme, Do Your Part Before
Wildfires Start, encourages homeowners to take steps to reduce the impacts of wildland fire. By doing home maintenance
now, you can increase the chances your home has to survive a
wildfire without fire department intervention.
The South Dakota Department of Agriculture’s Wildland Fire
Division provides these tips to prepare for or prevent wildfires:
• Clean out gutters, roofs and other areas where debris has
settled
• Avoid burning on windy days and never leave a burn pile
unattended
• Maintain equipment to reduce sparks and check that trailer
chains do not drag
• Create an evacuation plan and practice the route with family
members
• Practice campfire safety by ensuring your fire is dead out
before leaving the campsite
• Keep the space around your home clear of dense vegetation
• Take action in your community by organizing a wildfire preparedness event
Firewise information for the Great Plains can be found by
visiting the Great Plains Fire Safe Council website at: www.
gpfiresafecouncil.com. To learn more about Wildland Fire
Awareness Month and to see a schedule of planned events, go
to: www.sdwildfireawareness.com.
Agriculture is a major contributor to South Dakota’s
economy, generating $25.6 billion in annual economic activity
and employing over 115,000 South Dakotans. The South Dakota
Department of Agriculture's mission is to promote, protect and
preserve South Dakota agriculture for today and tomorrow.
Visit SDDA online at http://sdda.sd.gov or find us on Facebook
and Twitter. SD Ag Chat podcasts can be found http://sdda.
sd.gov/news. You may subscribe to SD Ag Chat, free of charge,
through Google Play Music, iTunes or from https://sdagchat.
podbean.com/.
AUCTIONS
Auction
Want your business
to be seen?
Get your display ad here!
Call 605-665-5884
Or Drop By At 319 Walnut St.
311 3rd St. Utica, SD
REAL ESATE AUCTION
Sat. June 10th 1:00pm
2 story home, with many updates, built in
3% to buyer brokers
1900, 2-4 bedroom, 1 bath, 1,476 sqft, newer
Terms: 10% non-refunable earnest
shingles, vinyl siding, electric water heater,
money deposit the day of auction,
along with an assortment of fruit trees and
with balance due on closing
grape vines. Personal property auction to follow.
-/+days. Title insurance and
Full details at www.Dakotarealty.com
closing costs will be split 50/50
Legal: lots 1, 2, 3, 4, & 5 blk 4 orginal tract
between Buyer and Seller. Taxes
Yankton Co, Utica, SD.
will be prorated to the day of
2016 Taxes: $118.86
closing. Meridian title company of
Owner: Marlene Ackerman
Yankton County will be the closing
agent. Auctioneers are acting as
agents for the seller. Statements
Auctioneer: Hazen Bye
made day of sale take precedence
Dakota Realty #11665
over printed matter.
605-624-4474
Mother’s Day sale
First 100 Mothers get a rose!
12:00 Sunday May 14, 2017
NatioNal guarD arMory
(603 PriNcetoN) VerMillioN, sD
Lunch Served
Full listing and photos go to dakotarealty.com
Auctioneer notes: Terms: Cash, good check, or card (4% processing
fee on cards) not responsible for accidents/theft.
Guns- 12 ga. Winchester mo. 1300, Winchester .22 auto mo. 290, 2 boxes of
270 ammo, WWI German flare gun.
Wayne & Kathy Stroeh- 4 pc. Living room set, chaise lounge (green), Bassett circle couch set, 2 trunks, couch, patio set w/umbrella, antique round
table w/chairs, pictures, butter churn, crocks, 1980’s toys, dolls, 3 bar chairs,
lamps, knickknacks, complete art kits, microwave, kitchen pots/pans, cooking
utensils, cake decorating, craft, sewing, Hoover steam vac, storage cabinets,
teachers books and misc., old picture frame, mirrors, plant holders, bed frame,
Singer sewing machine, new Gold Gym stride trainer 300, vision fitness R2150
bike, exercise equip, luggage/bags, antique radio w/stand, old camera, jewelry boxes, Husqurana snow blower, Express riding lawn mower, Poulan push
mower, Craftsman push mower.
Dan & Sandy Brown- Toro 824 snow blower 24” electric start, tools, Whirlpool
refrigerator, white storage cabinet, car jacks, old games, luggage, Christmas
stuff, lg. assortment of baseball cards, glassware, fans, golf balls/golf clubs,
fishing poles, decorating items, coolers, golf picture, brand new child’s play
yard, original Blazing Saddles movie poster, bar stools, patio set, curio cabinet, dressers, treadmill, Nintendo wii(brand new) w/games, secretarian, black
glass top electric stove, under counter microwave.
Guest- 1921 Lunt sterling silverware set (12 pc. w/box Mart II pattern), Stihl
chain saw, knives, display coffee table, antique gas grill, tin signs, 4 in. grinder,
yard swing, old pictures, cast iron skillets
Mary Lou Monfore- HP printer/ink, wooden printer stand, microwave oven,
matching coffee table/corner table, decorative hanging plant stand, misc. tools,
power cutter tool, weed sprayer, seasonal decorative throws, bedspread/shams/
pillows, wall décor, toys, puzzles, Prince Albert tobacco can’s (1960’s), cast iron
skillet, metal storage cabinet, children’s books, metal book shelf.
Guest- Ryobi tile saw, Qwik drive drill, 2 buckets of sockets, specialized screwdrivers, pulley pullers, jump starter, 300 jumper, 1000 tool boxes, gas cans, electric cords, handsaws, parts washer, grinders, work table, Minnkota trolling motor.
Coins- 1879, 1880-1997, 1889, 1896, 1899, 1900, silver dollars, 2 dollar bill
Western Exchange, 3 dollar bill Western Exchange, Antique Indian head coin
collection in box, 1987 proof set, Lincoln cent collection 1941 #2, American
Frontier nickel set, 9 decades of Lincoln pennies, steel cents, 1982 Lincoln
cent collection, 2001 gold edition state quarters.
Marilyn Pates Estate- 2 recliners, blue chair, 1 lift chair, 1 table/6 chairs, 2
wooden file cabinets, 2 beds, 3 dressers, antique hutch w/stained glass, book
shelf, 27 Hummels. 7 Liadro, 6 Royal Strafford, 3 Delft Blauw Holland, 7 Willow
Tree, pink depression, queen depression, 3 silverware, lg. collection Black Hills
gold, vintage pins, lots of costume jewelry, Redwing crocks, cigar boxes, old
games, Dick Tracy candid camera, Royal portable typewriter, Beacon camera,
JFK death of president.
Todd Christensen- Western saddle 15” seat, good youth or ladies saddle.
USD Foundation- office chairs, filing cabinets, mirrors, lg. picture of Dome,
lg. office filing cabinets, sitting chairs, glass table, Ariens snow blower #824
electric start, lights (like new).
Madsen Auction Service Gary Madsen
605-638-0643 auctioneer Jim Brady and Hazen Bye
Sale day announcements take precedence.




