Table A2. Characteristics of Representative Feed Grain Farms in Texas, Kansas, and
South Carolina
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TXNP1600 TXNP5500 KSG728 KSG1652 SCG1500 SCG3500
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County Moore Moore Finney Finney Clarendon Clarendon
Total Cropland 1600 5500 728 1650 1500 3500
Acres Owned 320 1100 121 185 500 1400
Acres Leased 1280 4400 607 1465 1000 2100
Assets ($1000)
Total 560 2161 402 771 909 2982
Real Estate 185 647 95 193 567 1954
Machinery 313 1204 302 554 256 752
Other 61 310 6 25 86 277
Debt/Asset Ratios
Total 0.17 0.16 0.29 0.18 0.17 0.20
Intermediate 0.15 0.15 0.21 0.18 0.13 0.22
Long Run 0.20 0.19 0.54 0.19 0.20 0.19
1996 Gross Receipts*
Total 379.4 1427.7 219.7 358.8 605.2 1599.3
Corn 189.1 966.1 201.1 320.0 195.5 410.3
49.80% 67.70% 91.50% 89.20% 32.30% 25.70%
Sorghum 68.4 66.8 0.0 0.0 0.0 0.0
18.00% 4.70% 0.00% 0.00% 0.00% 0.00%
Wheat 121.9 379.8 5.1 38.8 205.8 459.0
32.10% 26.60% 2.30% 10.80% 34.00% 28.70%
Soybeans 0.0 0.0 0.0 0.0 204.0 511.8
0.00% 0.00% 0.00% 0.00% 33.70% 32.00%
Cotton 0.0 0.0 0.0 0.0 0.0 218.1
0.00% 0.00% 0.00% 0.00% 0.00% 13.60%
Other Receipts 0.0 15.0 13.5 0.0 0.0 0.0
0.00% 1.10% 6.10% 0.00% 0.00% 0.00%
1996 Planted Acres**
Total 1600 5500 728 1650 2250 5169.5
Corn 470 2200 600 1050 600 1130.5
29.40% 40.00% 82.40% 63.60% 26.67% 21.87%
Sorghum 280 275 0 0 0 0
17.50% 5.00% 0.00% 0.00% 0.00% 0.00%
Wheat 642 2475 128 600 750 1669.5
40.10% 45.00% 17.60% 36.40% 33.33% 32.30%
Soybeans 0 0 0 0 900 2019.5
0.00% 0.00% 0.00% 0.00% 40.00% 39.07%
Cotton 0 0 0 0 0 350
0.00% 0.00% 0.00% 0.00% 0.00% 6.77%
Fallow 208 550 0 0 0 0
13.00% 10.00% 0.00% 0.00% 0.00% 0.00%
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*Receipts for 1996 are included to indicate the relative importance of each enterprise to
the farm. Percents indicate the percentage of the total receipts accounted for by the crop.
**Acreages for 1996 are included to indicate the relative importance of each enterprise to
the farm; these values reflect acreage reduction percentages that year. Total planted
acreage may exceed total cropland available due to double cropping. Percents indicate the
percentage of total planted acreage accounted for by the crop.