Joint Ventures Crop Enterprise Analysis, 1999 Northland Community and Technical College Farm Business Mgt. Moorhead (Average of All Farms) SUGAR BEETS ON CASH RENTED LAND Average For All Farms ----------- Number of fields 24 Number of farms 21 Acres 275.17 Yield per acre (ton) 19.21 Operators share of yield % 100.00 Value per ton 33.22 Total product return per acre 638.23 Miscellaneous income per acre 18.44 Gross return per acre 656.67 Direct expenses per acre Seed 42.15 Fertilizer 29.55 Crop chemicals 113.64 Crop insurance 11.72 Fuel & oil 21.09 Repairs 39.13 Custom hire 13.49 Hired labor 9.50 Land rent 73.04 Machinery & bldg leases 0.47 Marketing 195.66 Operating interest 32.40 Total direct expenses per acre 581.84 Return over direct expenses per acre 74.83 Overhead expenses per acre Custom hire 11.37 Hired labor 19.43 Machinery & bldg leases 15.62 Farm insurance 2.69 Utilities 5.19 Dues & professional fees 3.33 Interest 17.33 Mach & bldg depreciation 27.10 Miscellaneous 6.04 Total overhead expenses per acre 108.11 Total listed expenses per acre 689.95 Net return per acre -33.28 Total direct expense per ton 30.28 Total listed expense per ton 35.91 Net return per ton -1.73 Breakeven yield per acre 20.22 Est. labor hours per acre 5.16 Net return including govt. payments -6.93 Lbr & mgt charge per acre 48.72 Net return over lbr & mgt -55.65