K-State home » K-State Research and Extension »  News  » RSS Feeds » Money Management
K-State Research and Extension News
Money Management

Dairy Margin Protection Program... Play Audio



K-State agricultural economist Robin Reed goes over a new facet of the USDA commodity programs, developed for dairy producers to help them manage their risk, called the Dairy Margin Protection Program...she talks about how it differs from the previous price-support mechanism, and points to a new spreadsheet tool that producers can use in their enrollment decisions.

9/23/2014 7:00:00 PM


Parents Face Rising Costs to Raise a Child



Since 1960, the U.S. Department of Agriculture (USDA) has produced a report annually that estimates the yearly expenditures parents could face in raising a child from birth through age 17. The most recent report, released last month, projected middle-income parents will spend $245,340 on average to raise a child born in 2013 until that child turns 18. This is a 1.8 percent increase from the projection for children born in 2012.
9/23/2014 8:00:00 AM


Kansas Farm and Ranch Land Values... Play Audio



K-State agricultural economist Bryan Schurle looks at the latest trend in Kansas farm and ranch land values...he compares a trio of resources for gauging that trend, as he covered at the recent Risk and Profit Conference at K-State.

9/22/2014 7:00:00 PM


Re-Negotiating Cropland Rental Agreements... Play Audio



K-State agricultural economist Mykel Taylor discusses renegotiating cropland rental agreements, in light of the major decline in crop prices over the last several months...she suggests that cash rents, as well as crop-share terms and flex leases, deserve another look by tenants and landlords, to assure that the lease terms remain fair for both parties.

9/22/2014 7:00:00 PM


Update: Lesser Prairie Chicken... Play Audio



K-State wildlife specialist Charlie Lee talks about a new USDA analysis of the C-R-P and E-Q-I-P programs, and their value in providing lek habitat for the lesser prairie chicken.

9/22/2014 7:00:00 PM


Agricultural Law Update... Play Audio



Agricultural law specialist Roger McEowen of Iowa State University covers an assortment of recently-decided court cases relevant to agricultural producers...among them, a case where a landowner wished to terminate an oil and gas lease because of decades of inactivity by the company holding the lease, and two cases involving claims under the federal homebuyer tax credit.

9/16/2014 7:00:00 PM


Reverse Mortgages: New Online Resource is Available



In the midst of other big decisions that come later in life often comes the decision whether to stay in your own home, move into a retirement complex or in with another family member.
9/12/2014 8:00:00 AM


Agricultural Law Update... Play Audio



Agricultural law specialist Roger McEowen of Iowa State University has important information about health benefit packages that farm operators provide to their employees, and whether they are in compliance with the Affordable Care Act.
 
 

9/2/2014 7:00:00 PM


FAQ: USDA Commodity Program... Play Audio



K-State agricultural economist Mykel Taylor address several frequently-asked questions about the new USDA commodity program features, and what a producer should consider when weighing those options...she spoke on the topic at the recent Risk and Profit Conference at K-State.

8/27/2014 7:00:00 PM


Kansans Can Sign Up Now for New Financial Challenge



Consider this scenario: You live where straight-line winds, occasional flooding, and fire are ever-present threats. Oh, wait, that’s not just a scenario. That’s reality for the almost 2.9 million people who call Kansas home.
8/20/2014 8:00:00 AM


Building an Emergency Fund



According to an annual survey conducted by Bankrate.com more than a quarter of Americans have no emergency savings. Of those who do have savings, 67 percent have less than six months worth of expenses saved. Having access to just $500-1,000 in savings could help most people meet unexpected financial challenges, said K-State Research and Extension family resource management specialist Elizabeth Kiss.

8/19/2014 8:00:00 AM


USDA Commodity Program Options: Your Best Fit... Play Audio



K-State risk management specialist Art Barnaby runs through his latest projections on which of the two new USDA commodity program options will best fit for Kansas crop producers:  the Agricultural Risk Coverage (ARC) option or the Price Loss Coverage (PLC) option....he says that the choice is much clearer now for wheat producers.

8/11/2014 7:00:00 PM


Pasture Lease Trends in North-Central Kansas... Play Audio



K-State agricultural economist Robin Reid talks about a recent survey she and colleagues conducted of pasture lease trends in north-central Kansas, finding out information on rental rates, stocking rates, grazing season variations and other factors...she'll be presenting this information at the upcoming K-State Risk and Profit Conference next week in Manhattan.

8/11/2014 7:00:00 PM


Managing back-to-school expenses



According to the National Retail Federation, the average cost for back-to-school spending this year is projected at nearly $670 per family with children in grades K-12, which means U.S. families will spend a total of $26.5 billion for K-12 children. With college-aged kids added in the mix, that number is expected to soar to nearly $75 billion.
8/6/2014 8:00:00 AM


SAVING FOR UNEXPECTED EXPENSES Play Audio



More than a quarter of Americans have no emergency savings, according to an annual survey conducted by Bankrate.com. Of those who do have savings, 67% have less than six months’ worth of expenses. While it’s nice to have a large sum set aside for emergencies, K-State Research and Extension family resource management specialist Elizabeth Kiss (kish) says having access to $500 to $1,000 of savings will help most people meet unexpected expenses. On today’s Sound Living: ways to start building an emergency fund.

7/17/2014 7:00:00 PM


Trends In Key Financial Ratios... Play Audio



K-State farm management economist Gregg Ibendahl talks about trends in key financial ratios that are evident in the Kansas Farm Management Association's 2013 Kansas net farm income report, and he talks about how that overall report matches up with the USDA's farm income analysis.

7/17/2014 7:00:00 PM


Agricultural Law Update... Play Audio



Agricultural law specialist Roger McEowen, of Iowa State University, canvasses several recent developments from the courts, including a case involving logging vehicle business miles for tax deduction purposes, and a ruling on a farmer's attempt to minimize the extent of his farm partnership in a divorce case.

7/8/2014 7:00:00 PM


BACK-TO-SCHOOL ON A BUDGET Play Audio



According to the National Retail Federation, the average cost for back-to-school spending for families with children in kindergarten through 12th grade is around $650. In total, families spend $26.7 billion dollars for K-12 children. When you add in college-aged kids, the number soars to $72.5 billion. The biggest cost for back-to-school shoppers is clothing and accessories, followed by electronics – and those costs often hit all at once. However, K-State Research and Extension family resource specialist Elizabeth Kiss says prioritizing needs versus wants will allow shoppers to spread those costs over a longer period.

7/2/2014 7:00:00 PM


Including Children in Holiday Activities is Best Gift



Oh, the holidays. They can be joyous and warm … or stressful and budget-breaking … or all of the above. Plus they can leave families, particularly children, with unrealistic expectations. To help individuals and families navigate the holidays without breaking the bank and still providing positive experiences, two Kansas State University specialists provided tips.
11/19/2013 8:00:00 AM


Farm Transition Workshops Planned in Kansas



MANHATTAN, Kan. – When it comes to devising a plan to transition the family farm to the next generation, communicating may be the hardest part, according to Jeri Albright, who along with her husband, Corky, operates a crop and livestock operation in Jackson County, Kan.
11/15/2013 8:00:00 AM