Crop Enterprise Analysis
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Return)
Soybeans on Owned Land , Roundup Ready
Avg. Of | |
All Farms | |
Number of fields | 15 |
Number of farms | 15 |
Acres | 229.06 |
Yield per acre (bushel) | 30.39 |
Operators share of yield % | 100.00 |
Value per bushel | 5.07 |
Total product return per acre | 154.07 |
Miscellaneous income per acre | 18.33 |
Gross return per acre | 172.40 |
Direct Expenses | |
Seed | 31.52 |
Fertilizer | 2.64 |
Crop chemicals | 15.12 |
Crop insurance | 8.69 |
Fuel & oil | 5.72 |
Repairs | 8.45 |
Custom hire | 0.88 |
Operating interest | 4.85 |
Miscellaneous | 0.06 |
Total direct expenses per acre | 77.93 |
Return over direct exp per acre | 94.47 |
Overhead Expenses | |
Custom hire | 1.14 |
Hired labor | 6.52 |
Machinery & bldg leases | 0.96 |
RE & pers. property taxes | 9.75 |
Farm insurance | 3.04 |
Utilities | 2.13 |
Dues & professional fees | 1.39 |
Interest | 34.92 |
Mach & bldg depreciation | 9.79 |
Miscellaneous | 3.94 |
Total overhead expenses per acre | 73.57 |
Total dir & ovhd expenses per acre | 151.51 |
Net return per acre | 20.89 |
Lbr & mgt charge per acre | 13.69 |
Net return over lbr & mgt | 7.21 |
Government payments | 23.75 |
Net return with govt payments | 30.96 |
Cost of Production | |
Total direct expense per bushel | 2.56 |
Total dir & ovhd exp per bushel | 4.99 |
With labor & management | 5.44 |
Total exp less govt & oth income | 4.05 |
Est. labor hours per acre | 1.40 |