Laserfiche WebLink
<br />VII. ANALYSIS OF WKWM ECONOMIC EFFECT <br /> <br />In 1993 a variety of data have been put into our computer bank <br />pertaining to each county ever having participated in the WKWM <br />Program, among the data are information pertaining to the 4 major <br />row crops and hay produced in Western and Southwestern Kansas, <br />including yields, prices for crops, crop-hail insurance losses, <br />liabilities and premiums, and farm values for crops. The data is <br />for the 8-year period 1985 through 1992---the only years for which <br />there is complete data on file. More data is expected to be added <br />to the historic period before 1985 and more will be added as years <br />pass. The data were extracted from the annual publications of <br />"Kansas Farm Facts", from the Kansas Agricultural Statistics and <br />the USDA; other data were taken from the National Crop Service's <br />annual publications for Kansas, "CroP-Hail Insurance Statistics". <br />One note, much of the agricultural statistical data are best <br />estimates based on hundreds, perhaps thousands of inputs of <br />information from farmers or derived by various other means. These <br />data give us an independent source upon which conclusions can be <br />formulated; certainly it is better than no data at all. From the <br />vast inputs going into the data set, we believe certain relations <br />among the data may be suggested. <br /> <br />This analysis attempts to touch on questions some people <br />wi thin the WKW/oI participating counties may have had about such <br />things as target area agricultural productivity, hail-damage values <br />to crops over a given time period and what direct economic effect, <br />if any, the WKW/oI Program might have had on farm income. Throughout <br />'this section comments will be made and certain details will be <br />pointed out entirely from our limited perspective. However, many <br />readers, like us, who aren't economic experts may tend to look at <br />what is shown somewhat differently, or be able to inject his own <br />individual perspective of it based personal experiences. <br /> <br />Since our target area has undergone periodic boundary changes <br />from its inception in 1975, we decided to look only at those <br />participating counties for each of the years we currently have <br />complete data for from 1985 to 1992. The graphs shown in Figures <br />9 (a) and 9 (b) demonstrate how each of the crops have combined to <br />contribute to the total crop value produced by WKWM counties during <br />this period and what percentage each contributes to Farm Value. <br />Although there are more crops grown than those shown, their impact <br />is small by comparison and have been omitted. Wheat produced 44% of <br />the 8-year Farm Value here and agriculturally dominated the area. <br />The 8-year Farm Value of wheat has been closely matched by the <br />combined values of the corn and milo crops. The Farm Value for hay <br />was a close runner-up to milo; whereas, soybeans added only a <br />comparatively small fraction to the total. <br /> <br />NOTE: The Farm Value data presented does not include income that <br />has been derived through the Crop Reduction Program (CRP), a <br />governmental subsidy for reducing acreage which developed during <br /> <br />37 <br />