Crop Enterprise Analysis
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Return)
Sugar Beets on Cash Rent Excluding Joint venture
Avg. Of | ||||
All Farms | Low 20% | 40 - 60% | High 20% | |
Number of fields | 47 | 8 | 9 | 10 |
Number of farms | 44 | 8 | 8 | 9 |
Acres | 201.77 | 349.38 | 141.22 | 209.42 |
Yield per acre (ton) | 17.68 | 15.90 | 14.83 | 19.72 |
Operators share of yield % | 100.00 | 100.00 | 100.00 | 100.00 |
Value per ton | 34.55 | 34.33 | 34.17 | 36.28 |
Total product return per acre | 610.81 | 545.62 | 506.65 | 715.22 |
Miscellaneous income per acre | 23.63 | 27.17 | 51.30 | 35.59 |
Gross return per acre | 634.44 | 572.79 | 557.94 | 750.82 |
Direct Expenses | ||||
Seed | 41.76 | 42.07 | 35.17 | 41.51 |
Fertilizer | 27.30 | 29.49 | 19.35 | 26.24 |
Crop chemicals | 102.52 | 107.12 | 75.49 | 104.38 |
Crop insurance | 13.14 | 14.10 | 14.30 | 11.35 |
Fuel & oil | 34.49 | 43.81 | 25.51 | 30.97 |
Repairs | 63.97 | 99.14 | 47.52 | 52.13 |
Custom hire | 11.71 | 5.63 | 2.27 | 20.60 |
Hired labor | 18.60 | 18.42 | 17.81 | 24.11 |
Land rent | 70.54 | 64.46 | 77.30 | 74.23 |
Machinery & bldg leases | 0.85 | 1.88 | - | 0.73 |
Operating interest | 16.71 | 24.58 | 17.26 | 8.63 |
Miscellaneous | 0.19 | - | - | 0.79 |
Total direct expenses per acre | 401.77 | 450.72 | 331.98 | 395.66 |
Return over direct exp per acre | 232.67 | 122.08 | 225.96 | 355.15 |
Overhead Expenses | ||||
Custom hire | 7.50 | 12.43 | 6.38 | 0.52 |
Hired labor | 25.87 | 34.87 | 8.75 | 23.25 |
Machinery & bldg leases | 10.07 | 20.22 | 7.20 | 8.90 |
Farm insurance | 4.88 | 8.26 | 1.48 | 3.47 |
Utilities | 6.72 | 9.53 | 4.99 | 4.89 |
Dues & professional fees | 5.48 | 5.26 | 4.01 | 4.06 |
Interest | 23.91 | 32.76 | 15.58 | 16.74 |
Mach & bldg depreciation | 34.62 | 32.68 | 29.08 | 34.35 |
Miscellaneous | 10.08 | 5.84 | 10.41 | 9.42 |
Total overhead expenses per acre | 129.13 | 161.83 | 87.88 | 105.60 |
Total dir & ovhd expenses per acre | 530.90 | 612.55 | 419.86 | 501.27 |
Net return per acre | 103.54 | -39.76 | 138.09 | 249.55 |
Lbr & mgt charge per acre | 67.73 | 78.22 | 59.39 | 68.54 |
Net return over lbr & mgt | 35.81 | -117.97 | 78.70 | 181.01 |
Government payments | 25.12 | 23.90 | 24.93 | 27.87 |
Net return with govt payments | 60.93 | -94.07 | 103.63 | 208.88 |
Cost of Production | ||||
Total direct expense per ton | 22.72 | 28.35 | 22.39 | 20.07 |
Total dir & ovhd exp per ton | 30.03 | 38.54 | 28.31 | 25.42 |
With labor & management | 33.86 | 43.46 | 32.32 | 28.90 |
Total exp less govt & oth income | 31.10 | 40.24 | 27.18 | 25.68 |
Est. labor hours per acre | 6.93 | 7.71 | 5.35 | 6.90 |