the ofn
ag-visors
Advice from
the professionals
Agriculture: A Leader in Efficacy
See Why KIOTI and S&H Give You More Tractor For Your $$$! $1,100-$5,800 or 0% For 60 Months or * 0.99% For 84 Available KIOTI Cash Rebates!*
P L U S
Plus a 4-6 Year Warranty!*
S&H Package Specials!
Build Your Own Package and Save $$$ at S&H! From Only $12,995! or $16200/mo!* or w/Trailer Only $14,995! or $18500/mo!*
By Ken Knies
W
hen a discussion centers around the term efficiency, I immediately think of agriculture. Our farmers, ranchers and producers have grown and evolved to become highly efficient. This is born of necessity. Efficiency is the result of minimizing waste. It’s something we’re naturally inclined to strive toward in our daily efforts. The agriculture industry is a leader in this area because of the nature of production. When you’re working to produce food and fiber, that effort demands a high level of efKen W. Knies is an ficiency. Efficiency becomes a natural by-product. agricultural and rural There are efficiencies that are applicable in consultant. He holds a the area of finance as well. Like all other asbachelor’s of science pects of farming, an efficient producer will benand arts from the Uniefit through developing a streamlined financial versity of Arkansas and position relative to income and expenses. Here a master’s of business are some commonly accepted financial ratios administration from to help measure efficiency: Webster University in St. Asset Turnover Ratio: Gross Farm ReveLouis, Mo. He formed nues divided by Average Total Farm Assets – This Ag Strategies, LLC as a measures the level of efficiency used to generate business unit focused revenue. An asset turnover ratio of 60 percent or on quality borrowers higher is considered an efficient use of assets. and lenders. Operating Expense Ratio: Total Farm Operating Expenses divided by Gross Farm Revenues – This is used by many decision makers including bankers, brokers and investors to help identify expense efficiencies. Depreciation Expense Ratio: Depreciation Expense divided by Gross Farm Revenues – Recognize that these can vary greatly because of different depreciation methods used and the different types of depreciable assets used in production. Interest Expense Ratio: Total Farm Interest Expense divided by Gross Farm Revenues – Generally, if this ratio exceeds 20 percent, it is an indication the operation has an unsustainable debt load. Net Farm Income from Operations Ratio: Net Farm Income from Operations divided by Gross Farm Revenues – Producers with lower ratios in this area tend to feel stress earlier as margins tighten. This can be a measure of financial resiliency. As we consider the benefits of being efficient, let’s take note of some examples presented to us through agriculture: • Technology offers us convenience and precision, ultimately leading to being efficient. • Precision leveling, draining and contouring takes advantage of technology to gain the best uses of a plot of land. • Ag equipment has advanced to a level where we can now till, mow and harvest with maximum production benefit. We all utilize technology to enhance efficiencies. Efficiency drives us. APRIL 6, 2020
Great Priced 22-55 HP Tractors!
KIOTI Hard Working Cab Tractors!
New 22 HP Hydro 4x4 As Low As $9999/mo!**
• CK3510 35 HP or CK4010 40 HP, Deluxe Cab/AC,Hydro, 4x4, Ldr & More, Up To $2,600 Rebate! ...................................... Save! Call!
$1,800
CASH • CK2610, 25 HP, REBATE Non-Emmissionized $ 99 Engine 4x4, Loader! as low as 194 /mo!*
CALL S&H FOR YOUR BEST DEAL!*
• CK3510, 35 HP, 4x4, Loader & More!
REBATE $2,200 CASH
• CK4010, 40 HP, 4x4, Loader & More!
REBATE $2,600 CASH
as low as
23299/mo!
$
*
CALL S&H FOR YOUR BEST DEAL!*
as low as
24499/mo!
$
*
CALL S&H FOR YOUR BEST DEAL!*
• DK4510, 45 HP, Shuttle, 4x4, Loader!
FREE LOADER PROMO! $ 99 as low as
299
/mo!*
CALL S&H FOR YOUR BEST DEAL!*
• DK5510, 55 HP, Shuttle, 4x4, Loader!
FREE LOADER PROMO! $ 99 as low as
321
/mo!*
CALL S&H FOR YOUR BEST DEAL!*
• DK4710SE, 45 HP, Cab/AC, Hydrostat Trans., 4x4, Loader, $3,300 Rebate, As Low As $38099/mo!* ............................Great Price! Call! • DK5310SE, 50 HP, Cab/AC, Hydrostat Trans., 4x4, Loader, $3,300 Rebate, As Low As $39199/mo!* ............................Great Price! Call! • RX7320, 73 HP, Cab/AC, 4x4, 12x12 Shuttle, Reverser, Self-Leveling Loader, “Best Seller!”, $5,500 Rebate! or As Low As $53399/mo!* .................... Great Low Price! Call! • (1) New 2018 PX105, 103 HP, Cab/ AC, 4x4, 32x32 Hi/Low Dual Power Trans., Reverser, Self-Level Loader & More! $11,000 Rebate! ........................ Huge Savings! Call!
Shop & Save On The Area’s #1 Equipment Website - SandHCountry.com! Branson, Mo.
334-3400
417/
Joplin, Mo.
659-8334
417/
Lockwood, Mo.
232-4700
417/
Mountain Grove, Mo.
926-6520
417/
Rogersville, Mo. 417/753-4333
SandHCountry.com
Offer available 4/1/20 through 6/30/20. Cannot be combined with any other offer. Rebates and/or financing based on the purchase of eligible equipment defined in promotional program. Pricing and rebates in US dollars. Financing subject to credit approval. Customers must take delivery prior to the end of the program period. Some customers will not qualify. Some restrictions apply. Offers available on new equipment only. Prior purchases are not eligible. Offer valid only at participating Dealers. Subject to change. Limited Supply at these prices. Plus tax if applicable. See your dealer for details. For qualified buyers, at finance price, *10% Down w/0.99% for 84 months, or **25% down w/0.99% for 84 Months!
The Ozarks’ Most Read Farm Newspaper
19
