Crop Enterprise Analysis
Moorhead Farm Business Management
Northland Community and Technical College Farm Business Management
(Farms Sorted By Net return)

Wheat, Spring on Owned Land

	Avg. Of
	All Farms	Low 20%	High 20%

Number of fields	47	8	12
Number of farms	43	8	8

Acres	196.64	217.59	173.96
Yield per acre (bushel)	46.51	38.63	51.75
Operators share of yield %	100.00	100.00	100.00
Value per bushel	3.77	3.93	3.80
Total product return per acre	175.19	151.98	196.59
Miscellaneous income per acre	4.70	14.06	1.75
Gross return per acre	179.89	166.03	198.34

Direct Expenses
Seed	9.79	10.15	9.28
Fertilizer	25.29	23.77	24.27
Crop chemicals	21.56	24.65	18.46
Crop insurance	7.03	10.21	5.67
Fuel & oil	6.01	5.79	5.96
Repairs	9.86	14.65	9.05
Custom hire	1.21	-	0.39
Operating interest	4.62	4.69	4.33
Miscellaneous	0.51	0.43	0.06
Total direct expenses per acre	85.89	94.34	77.47
Return over direct exp per acre	94.00	71.69	120.87

Overhead Expenses
Custom hire	1.96	2.90	1.28
Hired labor	3.70	4.54	4.72
Machinery & bldg leases	2.96	2.80	5.16
RE & pers. property taxes	10.78	14.73	7.90
Farm insurance	3.59	5.83	2.93
Utilities	1.86	2.80	2.64
Dues & professional fees	1.52	2.01	2.82
Interest	35.37	56.62	17.85
Mach & bldg depreciation	8.73	10.95	10.01
Miscellaneous	3.65	10.56	2.42
Total overhead expenses per acre	74.12	113.72	57.73
Total dir & ovhd expenses per acr	160.01	208.06	135.20
Net return per acre	19.87	-42.03	63.14

Lbr & mgt charge per acre	14.13	17.43	15.66
Net return over lbr & mgt	5.74	-59.46	47.48
Government payments	30.64	35.22	31.45
Net return with govt payments	36.38	-24.24	78.93

Cost of Producton
Total direct expense per bushel	1.85	2.44	1.50
Total dir & ovhd exp per bushel	3.44	5.39	2.61
With labor & management	3.64	5.17	2.92
Total exp less govt & oth income	2.94	4.30	2.27

Est. labor hours per acre	1.49	1.85	1.73