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 42 8 9 9
Number of farms 41 8 8 9
Acres 202.83 175.06 131.50 208.21
Yield per acre (ton) 17.72 13.16 15.77 20.56
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 37.83 36.21 37.90 38.95
Total product return per acre 670.29 476.46 597.67 801.01
Miscellaneous income per acre 37.22 44.79 58.07 26.44
Gross return per acre 707.50 521.25 655.74 827.45
Direct Expenses
Seed 50.07 46.80 44.68 47.68
Fertilizer 26.77 28.34 27.14 25.80
Crop chemicals 117.15 110.61 103.07 106.76
Crop insurance 10.82 8.77 11.55 10.70
Fuel & oil 25.97 31.01 27.75 24.19
Repairs 64.04 53.55 57.59 73.88
Custom hire 6.55 13.33 4.64 11.15
Hired labor 18.02 14.00 16.78 24.35
Land rent 72.91 65.10 71.09 70.74
Machinery & bldg leases 1.76 1.13 5.74 0.16
Operating interest 14.65 10.35 14.12 18.74
Miscellaneous 2.28 1.28 0.57 1.98
Total direct expenses per acre 410.98 384.27 384.73 416.13
Return over direct exp per acre 296.53 136.98 271.01 411.33
Overhead Expenses
Custom hire 5.55 2.71 2.56 5.71
Hired labor 28.09 25.16 21.74 21.19
Machinery & bldg leases 4.71 4.25 1.38 10.72
Farm insurance 4.69 3.94 3.88 2.95
Utilities 6.58 7.70 4.64 5.57
Dues & professional fees 4.68 6.50 3.10 4.83
Interest 10.95 12.07 16.96 5.34
Mach & bldg depreciation 41.52 41.68 41.17 40.44
Miscellaneous 9.41 6.94 9.39 8.42
Total overhead expenses per acre 116.17 110.94 104.82 105.17
Total dir & ovhd expenses per acre 527.15 495.22 489.55 521.30
Net return per acre 180.35 26.03 166.19 306.15
Lbr & mgt charge per acre 70.06 64.72 59.51 59.71
Net return over lbr & mgt 110.29 -38.69 106.68 246.45
Government payments 13.44 13.93 13.58 11.86
Net return with govt payments 123.73 -24.76 120.27 258.30
Cost of Production
Total direct expense per ton 23.19 29.20 24.40 20.24
Total dir & ovhd exp per ton 29.75 37.63 31.04 25.35
With labor & management 33.70 42.55 34.82 28.26
Total exp less govt & oth income 30.85 38.09 30.27 26.39
Est. labor hours per acre 6.85 7.12 6.26 6.14